Finance News – Australia
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ASX set to fall, Wall Street slumps as retailers wobble; Bitcoin hits record
Rising Treasury yields and uncertain earnings reports from major retailers are putting downward pressure on US stock markets, while Bitcoin reaches a new all-time high amid the mar...
Read Full Article →Watt clears path for Woodside decision, rejecting green group concerns
The approval of the North West Shelf gas project extension could impact Woodside’s long-term revenue and investment plans by enabling continued operations until 2070 despite enviro...
Read Full Article →Victoria axes Australian-first programs boosting gender equity in sport
The recent budget changes in Victoria have removed key initiatives aimed at promoting gender equality and reducing violence within the sporting community, potentially impacting fun...
Read Full Article →Conflict of interest allegation hovers over WA cotton venture
The potential ethical concerns surrounding the awarding process of a profitable cotton farming contract in Western Australia have raised important questions about transparency and...
Read Full Article →Live: ASX to follow Wall Street lower as US bond sell-off deepens
The Australian stock market is expected to decline at opening, influenced by the recent downturn in US equities and weak interest in government debt amid investor uncertainty surro...
Read Full Article →Debt, death or surrender: The impossible choice faced by cash-strapped pet owners
Many pet owners in Australia face difficult financial decisions, often incurring substantial debt or choosing euthanasia due to unexpected veterinary expenses they struggle to affo...
Read Full Article →Strickland expands WA gold hunt for fresh intrusive-related targets
Strickland Metals’ extension of its gravity survey in Western Australia aims to identify additional intrusion-related gold prospects, potentially enhancing the company’s asset base...
Read Full Article →Aurum’s stellar run of gold hits continues in Cote d’Ivoire
Aurum Resources’ ongoing exploration success at its Boundiali project in Cote d’Ivoire suggests promising potential for increased asset value and future revenue generation based on...
Read Full Article →Cost, location and benefits aired at public forum on Hobart stadium
Community members discussed expenses, site advantages, and potential gains during a public meeting about the Macquarie Point stadium, highlighting the importance of reviewing curre...
Read Full Article →Ex-AFL player accused of $170k deception over undelivered family pools
Former Australian footballer Mr. Stevens is facing allegations of financial misconduct after multiple individuals reported significant monetary losses related to unpaid services fo...
Read Full Article →ASX set to rise, Wall Street slides; Musk commits to leading Tesla
Despite a decline in US stock markets following a recent strong recovery, Australian shares are expected to experience growth, while Elon Musk confirms his ongoing leadership role...
Read Full Article →Do I need to contact my bank after the rate cut? Here's what you need to know
The recent reduction in interest rates by major banks affects mortgage repayments and savings returns, prompting individuals to evaluate whether contacting their financial institut...
Read Full Article →Live: ASX set to rise as markets price in further rate cuts
The Australian stock index is anticipated to open with gains as investors respond to the central bank’s reduction in borrowing costs, while international markets experience mixed r...
Read Full Article →Aguia drill rigs roll in Colombia to chase gold bonanza
Aguia Resources has commenced drilling at its Colombian site aiming to identify significant gold deposits that could enhance the company’s asset value and support future resource e...
Read Full Article →Advance to follow up high-grade Vic gold hits with 10 drill holes
Advance Metals plans to continue exploring promising areas by adding ten new drill holes following positive results from their recent eight-hole gold drilling program.
Read Full Article →There is something strange afoot at Australia’s biggest bank, and experts are stumped
Despite expert warnings that Commonwealth Bank may be overvalued, investor interest remains subdued, raising questions about the potential risks and future impact on the bank’s fin...
Read Full Article →Investors are chilled now, but Trump’s tariffs and debt will test them
The recent Moody’s downgrade and ongoing concerns about tariffs and national debt may pose challenges for financial markets, signaling potential risks that investors should careful...
Read Full Article →CBS News chief forced out amid tensions with Trump
The departure of Wendy McMahon from CBS News occurs as Paramount faces ongoing negotiations to resolve a $20 billion lawsuit filed by former President Trump, potentially impacting...
Read Full Article →Ombudsman scathing of how ACT Revenue Office chases land tax debts
The investigation highlights that the ACT Revenue Office’s methods for collecting outstanding land tax debts may impose substantial financial strain on taxpayers, potentially overl...
Read Full Article →Big Four banks pass on interest rate cut in full following RBA decision
Australia’s largest banks have adjusted their lending rates downward by 0.25 percentage points after the central bank reduced the official cash rate to 3.85%, affecting borrowing c...
Read Full Article →Our super funds are good at making money but face a rising challenge
Superannuation funds generate strong returns for members but must address increasing legal scrutiny and cyber threats to maintain financial stability and protect investor interests...
Read Full Article →ASX set to rise on RBA day, Wall Street erases losses; $A stronger
Markets in Australia are expected to gain as investors react to Federal Reserve developments, while global financial assets show mixed movements amid ongoing concerns about US debt...
Read Full Article →Further rate cuts likely as RBA confident it's won the inflation fight
The central bank’s decision to lower interest rates reflects increased assurance in controlling inflation, suggesting that additional reductions could support economic growth witho...
Read Full Article →Use our rate cut calculator to see how falling interest rates might impact you
By entering your loan amount, duration, and current interest rate, you can estimate potential savings that may result from a decrease in mortgage interest rates using our calculati...
Read Full Article →RBA cuts rates below 4pc for first time in two years
The central bank’s decision to lower the interest rate to 3.85 percent marks a continued effort to stimulate economic growth and ease borrowing costs for consumers and businesses a...
Read Full Article →Breaking: Charges laid against AGL over 'unsafe' lead exposure
The legal action taken against AGL could result in substantial financial penalties and increased regulatory scrutiny, potentially affecting the company’s operational costs and inve...
Read Full Article →Live: RBA interest rate cut considered a near certainty
A potential reduction in the central bank’s borrowing costs is expected to lower mortgage expenses, providing financial relief to homeowners and influencing broader economic and ma...
Read Full Article →Live: Nationals consider split as Coalition negotiations continue
The ongoing discussions between the Liberals and Nationals hold considerable economic implications due to disagreements over nuclear power development, allocation of funds to regio...
Read Full Article →'George Town struggles as it is': Smelter work pause worries locals
The reduction in smelter operations at Liberty Bell Bay, a major local employer with over 250 staff, raises concerns about potential economic challenges and job losses in the Georg...
Read Full Article →Why are Argonaut, RCF and Acorn small-cap funds all punting Pacgold?
Several small-cap fund managers, including Argonaut, RCF, and Acorn, have invested in Pacgold Resources due to its extensive gold system in Queensland, which offers promising poten...
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