Finance News – Australia
What is your interest today?
Fed may cut interest rates soon, Powell signals
A possible reduction in the Federal Reserve's benchmark interest rate could influence borrowing costs and investment decisions, potentially impacting economic growth and financial...
Read Full Article →Powell signals Fed may cut rates soon even as inflation risks remain
The Federal Reserve chair indicated a potential interest rate reduction in the near future despite ongoing concerns about inflation and the possibility of increasing unemployment i...
Read Full Article →Record gold price spurs renaissance of 'super' 3,500km tunnel mine
The surge in gold value has revitalized the extensive Kalgoorlie mine, boosting its potential to become Australia's leading source of gold and positively impacting the local mining...
Read Full Article →Runners of the Week: Kaili, Magnetite Mines, Argent Biopharma, Octava
Kaili Resources experienced a remarkable surge in its stock value, significantly impacting market activity and investor interest due to its new exploration efforts targeting rare e...
Read Full Article →Guzman y Gomez grilled as it looks to beat Maccas on breakfast
Despite recent market challenges, Guzman y Gomez is pursuing growth opportunities by targeting the breakfast segment, aiming to increase revenue and compete with established fast-f...
Read Full Article →An Aussie icon is finding new ways to be a corporate disgrace
James Hardie's recent series of setbacks highlight ongoing challenges that could impact its financial stability and investor confidence, given the company's long history of asbesto...
Read Full Article →Pacgold strikes broad zones of shallow gold in Queensland
Pacgold Ltd’s recent drilling results at its Alice River project in Queensland indicate promising shallow gold mineralization, potentially enhancing the company’s resource base and...
Read Full Article →The big banks are making billions and there’s good news for households
Recent reports reveal substantial earnings by leading financial institutions, highlighting shifts in the economic environment that could influence the borrowing conditions and fina...
Read Full Article →Court knocks back doctors' challenge to Burrup gas project
The court’s decision allows Woodside to continue its Burrup Peninsula development, potentially supporting ongoing investments and revenue generation in the regional energy sector d...
Read Full Article →King of the skies: Airbus is about take a crown Boeing has held for decades
Airbus’s upcoming single-aisle jetliner could shift market dynamics by challenging Boeing’s longstanding dominance in commercial aircraft sales that has significantly influenced in...
Read Full Article →ASX set to slide, Wall Street extends losing streak; Jackson Hole ahead
US stock markets are experiencing declines influenced by Walmart’s performance and decreasing optimism about upcoming interest rate reductions during the Jackson Hole symposium.
Read Full Article →Want more than a pint? There are pubs aplenty in this spring’s property market
Recent transactions indicate a potential recovery in the hospitality property market, offering numerous opportunities for investors seeking to acquire pubs during this spring seaso...
Read Full Article →Postal worker charged over alleged $1.4m fraud from stolen bank cards
The accused postal employee is suspected of facilitating a scheme that resulted in fraudulent transactions totaling approximately $1.4 million by providing stolen bank cards to cri...
Read Full Article →Live: ASX set to retreat from record as markets await Fed chair speech
Following a recent peak above 9,000 points, the ASX 200 is expected to decline as investors anticipate the Federal Reserve chair’s upcoming speech, which could influence market tre...
Read Full Article →US and EU release details of tariff deal, with European cars and wines hit
The agreement introduces new duties that could influence trade flows and economic activity between the two regions, impacting key sectors within their extensive and highly valuable...
Read Full Article →Hastings builds big footprint with WA goldfields acquisition
Hastings Technology Metals’ recent purchase of multiple goldfield properties in Western Australia is expected to enhance its resource base, with upcoming drilling aimed at establis...
Read Full Article →Bring back the humans: CBA’s embarrassing AI jobs bungle a salutary lesson
The incident highlights the potential risks and costs associated with adopting new technologies without adequate planning, which can impact an organization's reputation and financi...
Read Full Article →‘It’s out of control’: Organised crime gangs strike Rebel stores
Despite ongoing losses caused by sophisticated theft at Rebel stores, investor interest remains steady, indicating confidence in the company’s long-term financial performance and g...
Read Full Article →Litchfield geophysics reveals 14 high-priority NT sulphide targets
The identification of multiple promising sulphide conductor sites at Litchfield Minerals’ Oonagalabi project could enhance future exploration value and support upcoming drilling ac...
Read Full Article →Golden Deeps nails bonanza copper-silver-germanium grades in Namibia
The exceptionally high concentrations of copper, silver, and germanium discovered at Golden Deeps' Otavi project in Namibia could substantially enhance the company’s resource value...
Read Full Article →TMK set for production from seven wells at Mongolian gas field
The completion of multiple pilot wells at the Gurvantes XXXV project is expected to enhance TMK Energy’s gas output potential, which may positively impact the company’s revenue str...
Read Full Article →ASX cracks 9000-mark as Brambles soars; James Hardie’s horror run continues
The Australian stock exchange reached a new peak above 9000 points, driven by strong earnings from key companies, while market activity intensified during a crucial period of corpo...
Read Full Article →Wall Street giant targets Australia’s richest families
Goldman Sachs aims to capitalize on the growing number of affluent Australian families seeking diversified investment opportunities to manage and expand their increasing wealth on...
Read Full Article →Dot-com deja vu or small-cap revival?
Despite challenges among leading stocks, there remains considerable potential for growth in smaller companies, suggesting opportunities for investors seeking gains beyond the marke...
Read Full Article →Productivity summit ends with treasurer signalling tax reforms
At the conclusion of the three-day government summit, Treasurer Jim Chalmers indicated progress toward comprehensive adjustments aimed at improving fairness and efficiency within A...
Read Full Article →Donald Trump backs BHP, Rio Tinto over US copper mine
The involvement of prominent political figures in supporting major mining companies highlights the complex financial and regulatory challenges impacting the development of signific...
Read Full Article →‘Must resign now’: Trump pushes Fed governor to quit after fraud allegations
The president’s call for a Federal Reserve governor’s resignation amid fraud accusations could influence market confidence and affect monetary policy decisions impacting the broade...
Read Full Article →Australia Post halts transit shipping to US as global carriers face 'chaos'
The introduction of new import duties on low-value shipments has disrupted international postal services, causing increased costs and operational challenges for carriers and busine...
Read Full Article →EPA to proceed with assessment of gas project near heritage-listed reef
The Environmental Protection Authority’s evaluation of the Browse Basin gas development could influence investment decisions and economic outcomes associated with Woodside’s adjust...
Read Full Article →ASX set to edge up, Wall Street falls as AI darlings extend slump
Shares of leading technology companies linked to artificial intelligence continued to decline, impacting overall market performance while the Australian stock exchange showed modes...
Read Full Article →