Finance News – Australia
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AGN accused of running dodgy 'Love Gas' ads that deceived viewers
The controversy surrounding Australian Gas Networks' recent advertising campaign has raised concerns about potential impacts on the company's reputation and financial performance i...
Read Full Article →ASX set to slide, Wall Street treads water; BP-Shell merger rumours
Global stock markets exhibited cautious stability, reflecting investor optimism that escalating conflicts will not significantly impact oil supply, thereby influencing energy secto...
Read Full Article →'Don't cheapen Western Sydney': Advocacy groups slam Metro stations budget
Advocacy groups warn that allocating substantially lower funds per Metro West station compared to central Sydney could impact the quality and long-term value of infrastructure in W...
Read Full Article →'Shocking mismanagement' puts outback council merger on the agenda
The local government minister suggests that combining the Shire of Coolgardie with Kalgoorlie-Boulder could address ongoing fiscal challenges and improve financial stability in the...
Read Full Article →Port Pirie, Hobart smelters 'cannot be viable' without government help
The owner of the Port Pirie and Hobart smelters indicates that continued operation relies heavily on financial assistance from the government due to competitive pressures affecting...
Read Full Article →NSW opposition leader pledges AI rollout as part of budget response
The proposed financial plan includes affordable loan options aimed at supporting small and medium enterprises in adopting advanced technology to enhance their business processes re...
Read Full Article →The golden unicorn of homes that could solve the housing crisis
Large residential units are increasingly in demand, and experts suggest that developing more of these spacious apartments could play a crucial role in addressing the challenges wit...
Read Full Article →Live: Nvidia hits record high, oil prices gain
Nvidia's strong performance contributed to gains in technology stocks, while increasing oil prices ended a brief decline, influencing market sentiment amid a varied trading day on...
Read Full Article →Dateline boss throws $1M cash at US gold-rare earths play
The managing director of Dateline Resources invested an additional $1 million by exercising options, reinforcing his commitment to the firm’s mineral exploration activities focused...
Read Full Article →Aldi drops its own price bomb in supermarkets’ targeted price attacks
Aldi’s strategic price reductions aim to attract high-volume shoppers, reflecting broader retail efforts to balance customer affordability with competitive positioning in a challen...
Read Full Article →Iftekhar's waited 922 days for surgery. He's 'gobsmacked' by a new health levy
The introduction of the ACT government's health levy has sparked concern among residents facing extended surgery delays, highlighting potential financial challenges for individuals...
Read Full Article →ASX set to rise, Wall Street rallies; Oil prices lower
US equity markets are approaching record levels amid optimism about Middle East tensions easing, while declining crude prices reflect concerns over potential disruptions in interna...
Read Full Article →Key NSW apartment plan only tackles 'one small part of the problem'
The recent NSW budget initiative aims to encourage apartment development but is expected to have a limited impact on addressing the overall housing shortage in the state.
Read Full Article →'Judas goat': Qld deputy premier slams Labor MPs skipping parliament
The absence of five Queensland Labor MPs during the budget sitting could impact financial discussions and decision-making processes within the parliamentary session.
Read Full Article →Widow scammed out of 'life savings' caught up in crypto ATM sting
The incident involving numerous individuals highlights substantial monetary losses linked to fraudulent schemes conducted through cryptocurrency ATMs, affecting both alleged perpet...
Read Full Article →Live: Shares surge as oil plunges on Israel-Iran ceasefire
The unexpected decline in oil prices amid easing Middle East tensions has led to a notable increase in stock market values, reflecting investor optimism about potential regional st...
Read Full Article →NSW budget won't thrill voters, but most vulnerable finally have lifeline
The recent NSW budget provides critical support to thousands of disadvantaged children and addresses urgent systemic challenges, despite lacking major infrastructure projects or br...
Read Full Article →What cost of living crisis? Barr government goes for broke with revenue grab
The recent ACT budget introduces substantial increases in various taxes and fees, reflecting a significant effort to boost government revenue despite current economic challenges fa...
Read Full Article →Olympio nails hole-in-one gold in its first Canadian drill hole
Olympio Metals’ initial drilling at the Bousquet project in Canada revealed visible gold over a significant interval, potentially indicating a valuable mineral deposit that could e...
Read Full Article →Pilot, Triangle lock in Cliff Head transfer for carbon capture play
Pilot Energy’s acquisition of the Western Australia oil site from Triangle Energy marks a strategic investment aimed at advancing carbon capture and storage capabilities in the reg...
Read Full Article →Aguia starts Colombian gold exploration to lock in drilling targets
Aguia Resources' initiation of surface exploration in Colombia aims to identify promising locations for drilling, potentially enhancing the project's valuation and attracting futur...
Read Full Article →Great Southern, Gold Fields to test giant Qld porphyry gold targets
Great Southern Mining and Gold Fields Ltd plan to conduct extensive drilling at a Queensland site, aiming to evaluate the potential value of large-scale porphyry and intrusive-rela...
Read Full Article →Virgin Australia shares take off on ASX despite Mideast jitters
Virgin Australia's re-entry into the Australian stock market has attracted investor interest, highlighting its potential value despite ongoing uncertainties affecting the internati...
Read Full Article →Ratepayers slugged with new health levy as ACT budget deficit balloons
To address the growing budget shortfall, residents in Canberra will face an additional health-related charge aimed at increasing government revenue and supporting public services f...
Read Full Article →Five key takeaways from the ACT budget
The recent ACT budget introduces multiple new charges affecting various sectors, placing increased financial pressure on residents, particularly those who own property, through a r...
Read Full Article →ASX set to rise as Wall Street rallies in face of conflict; Oil prices tumble; Tesla surges
Global markets show positive momentum due to easing concerns over oil supply disruptions, with energy prices falling and key stocks gaining, reflecting cautious optimism amid curre...
Read Full Article →The winners and losers in Queensland's state budget
Queensland's new budget, introduced by the LNP government, highlights key areas of increased funding and financial adjustments, revealing which sectors benefit and which receive le...
Read Full Article →The winners and losers in this year's NSW budget
The NSW government’s upcoming financial plan outlines adjustments in funding priorities across various sectors, impacting allocations for education, emergency management, and resid...
Read Full Article →'At least 33' potential buyers for the Whyalla steelworks, SA Premier says
The interest from more than thirty potential purchasers, mainly international firms, highlights the substantial economic value and strategic importance of the Whyalla steelworks in...
Read Full Article →Five years ago it collapsed. Now Virgin Australia is back on the ASX
Virgin Australia’s recent stock market debut has generated significant capital, with its shares increasing approximately 8 percent and raising $439 million through the initial offe...
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