Finance News – Australia
What is your interest today?
Scam victim loses home deposit to a security flaw that banks are now targeting
A security vulnerability led to a significant financial loss for an individual, prompting banks to implement measures that alert customers about discrepancies between payment recip...
Read Full Article →Latitude 66 offloads Qld copper for $2M upfront and future upside
Latitude 66 received an initial payment of $2 million for its minority interest in the Queensland copper-gold joint venture, with potential additional earnings of up to $4 million...
Read Full Article →Domino’s is hunting for a new global CEO – again
The continued changes in Domino’s top leadership have raised concerns among stakeholders about the company’s future direction and potential impacts on its financial performance and...
Read Full Article →Marmota to kick off its first drilling program at new SA gold target
Marmota’s upcoming drilling initiative in South Australia’s Gawler Craton marks a significant investment aimed at exploring and potentially enhancing the value of its newly acquire...
Read Full Article →'Catastrophic failure' led to fire that shut Heathrow Airport, report finds
The unexpected shutdown of Heathrow Airport on March 21 disrupted global travel schedules and resulted in significant financial losses for airlines due to widespread cancellations...
Read Full Article →ASX set to rise as Wall Street’s winning streak ends; Tesla tumbles as Musk reignites Trump feud
The slowing momentum in US markets following recent record highs has led to a mixed trading session, potentially influencing investor confidence and impacting international financi...
Read Full Article →'Forthright defiance of the law': Woodside stench gas activists sentenced
The sentencing of three environmental activists for releasing a foul gas at Woodside Energy’s headquarters highlights the financial risks companies face from protests that disrupt...
Read Full Article →Remote retailers facing 'collapse' amid Centrepay crackdown
Several remote merchants anticipate financial difficulties and potential shutdowns due to increased regulations on a government payment program linked to concerns about the exploit...
Read Full Article →Live: Qantas warns of 'significant' data breach from cyber incident
The recent cyber attack on Qantas, which compromised sensitive information of millions, could potentially result in substantial financial losses due to legal consequences, reputati...
Read Full Article →Rental investor numbers fall for third time since records began, ATO data shows
The decrease in individuals reporting rental earnings for 2022-23 marks a rare decline in investment activity, potentially affecting housing market dynamics and tax revenue generat...
Read Full Article →Liberal leaders distance themselves from Hemmes as Merivale faces investigation
The ongoing investigation into Merivale may impact investor confidence and market stability due to potential reputational risks associated with key figures linked to the company’s...
Read Full Article →Dateline survey mirrors nearby giant US Mountain Pass rare earths mine
The recent survey at Dateline Resources’ Colosseum project indicates potential valuable mineral deposits similar to those found at the neighboring large-scale Mountain Pass mine, s...
Read Full Article →Critica taps rare earths expert Jacob Deysel as new CEO
The appointment of experienced mining executive Jacob Deysel as CEO is expected to accelerate the advancement of Critica Limited’s substantial rare earths deposit, potentially enha...
Read Full Article →Auric snaps up key WA Munda assets in $1.4M WIN Metals deal
Auric Mining's acquisition of nickel rights, water access, and camp facilities from WIN Metals for $1.4 million enhances its operational capabilities and supports future developmen...
Read Full Article →Man on trial for allegedly stealing from quadriplegic friend
The case highlights the serious financial impact on a vulnerable individual who experienced significant emotional distress after discovering his funds were reportedly taken by some...
Read Full Article →ASX set to dip, Wall Street edges higher; $A jumps
Global markets are showing mixed movements today, with Australian equities expected to decline while US indices continue their upward trend, contributing to fluctuations in currenc...
Read Full Article →FBI says it dismantled North Korean fraud scheme spanning 16 US states
Authorities have disrupted a complex network involving remote technology professionals across multiple states, which was reportedly used to generate revenue supporting North Korea'...
Read Full Article →The move no other big super fund has dared to try
AMP’s adoption of unconventional investment strategies, such as bitcoin futures, represents a strategic effort to enhance returns and differentiate itself within the competitive su...
Read Full Article →Regional SA homes among country's most affordable even as prices soar
Although property values have significantly increased over five years, homes in regional South Australia remain competitively priced, offering relatively accessible opportunities f...
Read Full Article →‘King of Bondi’ Maurice Terzini forced out of Icebergs
Maurice Terzini's departure from Icebergs marks the end of his financial involvement in the iconic Bondi restaurant, concluding his two-decade investment and ownership in the estab...
Read Full Article →Star starts drilling blitz to fast-track gold mining near Meekathara
Star Minerals has initiated an extensive 3000-meter drilling program at its Tumblegum South gold site to accelerate development and potentially increase revenue from early producti...
Read Full Article →Nine goes all in on sports with EPL coup to bulk up Stan
The media company is leveraging recent sale proceeds to invest approximately $60 million annually in acquiring broadcast rights for a premier football league, aiming to enhance its...
Read Full Article →TMK drills final Mongolian pilot gas hole amid partnership talks
Completing the last pilot gas well in Mongolia may enhance TMK Energy’s project viability, potentially attracting investment and supporting future production growth through ongoing...
Read Full Article →'Renewed momentum' as home values rise for a fifth straight month
The continuous increase in property prices, supported by reduced borrowing costs, indicates strengthening market activity that could impact investment strategies and housing afford...
Read Full Article →US-Canada trade talks restart after Carney drops digital services tax
The removal of the digital services tax by Canada may facilitate renewed trade negotiations with the US, potentially impacting revenue streams for major American technology compani...
Read Full Article →Strickland offloads WA Yandal play for $45M to chase Serbian gold
The sale of the WA Yandal project for $45 million provides capital to Strickland Metals, enabling strategic investment in Serbian mineral opportunities while delivering value to it...
Read Full Article →ACT health levy slashed to $100 as part of budget deal with Greens
Canberra homeowners will experience a reduced health levy of $100, lowered from the initially proposed $250, following budget negotiations between the ACT government and the Greens...
Read Full Article →Energy minister says new gas projects need to sell locally
The energy minister emphasized that upcoming gas developments must allocate a portion of their output for domestic consumption, impacting revenue distribution and market dynamics w...
Read Full Article →Housing measures not enough to help woman with four jobs into own home
Despite multiple jobs, the woman faces financial barriers due to current housing policies, highlighting challenges in accessing affordable and stable homeownership options within Q...
Read Full Article →ASX set to edge up, Wall Street hits records; Trump says he has buyer for TikTok
US equities reached unprecedented levels, reflecting continued investor confidence despite previous concerns over trade policies, while Australian markets are expected to experienc...
Read Full Article →