Finance News – Australia
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Coffee prices up to $12 needed to make industry viable, supplier says
Experts indicate that due to ongoing tariffs and supply challenges, coffee costs must rise significantly to maintain production, potentially leading to higher prices for consumers...
Read Full Article →House price rises were meant to ease. So what’s happened?
Despite expectations of slowing growth, property values in Australia have continued to increase, challenging previous forecasts and impacting affordability for many potential homeb...
Read Full Article →Tasmanian abalone industry reeling as demand and export prices plunge
The Tasmanian abalone sector faces financial challenges due to increased competition from Chinese farmed abalone, leading to reduced export earnings and a decline in market share f...
Read Full Article →The range of EVs is surging, but certain fears are holding back sales
The limited availability of pre-owned electric vehicles is causing uncertainty among buyers, which may impact overall market growth and consumer willingness to invest in new electr...
Read Full Article →Global brands plan to spread tariff price hikes beyond the US
International companies impacted by recent trade measures are considering raising costs in multiple regions, potentially leading to increased expenses for consumers outside the Uni...
Read Full Article →Live: European tariff reaction, market awaits inflation read to inform next RBA rate cut
European markets adjusted following changes in US trade policies, while investors anticipate upcoming inflation figures that will influence the Reserve Bank of Australia's decision...
Read Full Article →Trump's trade war puts Aussie beef centre stage in Shanghai
Australia’s expansion in China’s high-end beef sector at a prominent Shanghai food expo highlights shifting trade dynamics with potential impacts on market share and export revenue...
Read Full Article →Telstra claimed to cover 99.7pc of the population. Now, its website's changed
Vodafone alleges that Telstra’s previously reported population coverage figures may have been inaccurate, potentially affecting consumer decisions and impacting fair competition wi...
Read Full Article →Tasmanian poppy processor taps into weight-loss drug market
The growing interest in weight-loss medications presents new revenue opportunities for Tasmania’s poppy processing sector, potentially boosting its economic impact as the industry...
Read Full Article →Live: Amazon disappoints Wall St amid tariff uncertainty
Amid ongoing tariff uncertainty, the S&P 500 has risen for eight consecutive sessions, reaching a peak not seen since early April, while Amazon's stock experienced a decline in aft...
Read Full Article →As Musk nears end of 130-Day DOGE stint, he’s down $175 billion
Musk has experienced a significant financial decline, with his wealth decreasing by $175 billion and Tesla's market value dropping by $700 billion since January, outpacing recent g...
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