Finance News – Australia
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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...
Read Full Article →NSW budget reveals $1b plan making it easier to build new homes
The NSW government’s commitment to secure pre-sales for thousands of apartments aims to improve developer financing, potentially resulting in the construction of a significant numb...
Read Full Article →Live: Oil price plunges after Iran does not target energy infrastructure
The recent de-escalation in the Middle East, marked by Iran avoiding energy targets, has eased market concerns, resulting in increased US futures and a notable decline in global cr...
Read Full Article →Title transfer hands Marmota four exciting new SA gold deposits
Marmota Ltd’s acquisition of majority ownership in the Golden Moon JV gold tenements is expected to enhance its asset portfolio and potentially increase future revenue from the Sou...
Read Full Article →Critica, Augold link arms in chase for more WA gold
Critica Ltd and Ausgold Ltd have formed a partnership to jointly develop the Kulin gold project, aiming to enhance their resource potential and increase future economic returns in...
Read Full Article →Dateline fires up US gold-rare earths hunt with high-tech survey
Dateline Resources has initiated an advanced geophysical survey at its substantial US mineral project, aiming to identify valuable underground formations that could enhance the sit...
Read Full Article →The alarm bells should be ringing louder in markets
Investors appear to be overlooking increasing geopolitical and economic tensions, which could potentially lead to significant market instability and financial losses if these risks...
Read Full Article →Oil prices jump, sharemarkets set for volatility after US bombs Iran
The increased tension in the Middle East has led to concerns about energy supply disruptions, prompting investors to anticipate higher fuel costs and fluctuations in global financi...
Read Full Article →Iran is threatening an 'economic suicide bomb'. A desperate regime could set it off
Iran's potential aggressive economic measures in response to recent US actions may lead to severe market disruptions, significantly affecting global trade and financial stability.
Read Full Article →‘Astonishing result’: How super funds are faring amid Trump tariff volatility
Despite ongoing uncertainties caused by trade tensions, retirement savings funds are projected to achieve a third consecutive year of gains as the fiscal year concludes.
Read Full Article →What's the Strait of Hormuz and how could a blockage impact fuel prices?
A potential obstruction in this key oil transit route may lead to increased fuel costs globally due to reduced supply and heightened market uncertainty by mid-August.
Read Full Article →Investors and government housing dominate Broome real estate
The presence of external investors and government-owned housing significantly influences Broome’s property market, affecting affordability and availability for local residents seek...
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