Finance News – Australia
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Fewer borrowers falling behind on loan repayments, says Westpac
Westpac reported $3.3 billion in profits for the first half, attributing improved loan repayment rates to the recent interest rate reduction by the central bank.
Read Full Article →ASX set to rise, Wall Street keeps streak alive; Westpac profits dip
The Australian stock market is expected to open higher following positive momentum from U.S. equities, while Westpac's latest earnings report revealed a modest decline in profitabi...
Read Full Article →Foreign gold miner beefs up takeover offer for WA partner to $3.7b
The increased acquisition proposal highlights the growing value of Western Australian gold assets amid rising market prices, suggesting potential industry consolidation as companie...
Read Full Article →Dutton’s election campaign rout lets RBA off the hook
The unexpected election results may reduce pressure on the Reserve Bank to adjust monetary policy, potentially stabilizing financial markets and influencing economic forecasts in t...
Read Full Article →Marriage strain and group messages examined in Erin Patterson trial
The trial revealed group chat messages where Erin Patterson expressed concerns about her husband’s official separation on tax documents, highlighting potential financial implicatio...
Read Full Article →Live: Wall Street rebound rolls on as trade tensions ease, ASX set to rise, Westpac's $3.5bn interim...
Improved employment data and reduced international trade concerns have contributed to market gains in the United States and are expected to support a positive opening on the Austra...
Read Full Article →Warren Buffett shocks shareholders by announcing his intention to retire
Warren Buffett's retirement announcement has raised concerns among shareholders, while his warning about the global impact of Donald Trump's tariffs highlights potential challenges...
Read Full Article →ASX Runners of the Week: DY6 Metals, Dateline, Andromeda & Jindalee
DY6 Metals Ltd gained attention following the announcement of high-grade gallium assays at its Tundulu project in Malawi, highlighting its potential financial implications in the r...
Read Full Article →Trump shout out puts Dateline US gold-REE project up in lights
Dateline Resources experienced a significant increase in share price following the announcement of its US Colosseum gold and rare earth elements project, which received notable end...
Read Full Article →Strickland fires up six-rig blitz in Serbian gold-base metal hunt
Strickland is conducting an extensive drilling campaign at its Serbian Rogozna project, targeting valuable gold and base metals, which may lead to significant resource discoveries...
Read Full Article →‘It’s a heist’: Why the $14b James Hardie deal has set off alarm bells
The substantial $14 billion transaction involving James Hardie has raised concerns among Australian investors, significantly impacting the domestic market amid broader economic ten...
Read Full Article →Live: Amazon disappoints Wall St amid tariff uncertainty
Amid ongoing tariff uncertainty, the S&P 500 has risen for eight consecutive sessions, reaching a peak not seen since early April, while Amazon's stock experienced a decline in aft...
Read Full Article →ASX set to slide, Wall Street extends winning streak; Apple, Amazon results out
Microsoft and Meta Platforms have exceeded analysts' profit expectations for the year, contributing to Wall Street's upward momentum, while the ASX is anticipated to decline in res...
Read Full Article →Billionaire profits from slump in Melbourne office towers
Two investors are acquiring office towers in Melbourne at significantly reduced prices, capitalizing on the current market downturn in property values within the Flinders and Colli...
Read Full Article →A Chinese state media post points to a softening in the US-China trade war
A recent Chinese state media report indicates a potential easing of tensions in the US-China trade conflict, highlighting US efforts to engage Beijing in discussions regarding its...
Read Full Article →Australia's environmental not-for-profit Planet Ark goes into voluntary administration
Planet Ark Environmental Foundation, a significant non-profit organization in Australia, has chosen voluntary administration after assessing its financial stability and long-term s...
Read Full Article →ClearVue to showcase solar glass tech in Tattersalls upgrade
ClearVue Technologies has secured a supply contract to provide solar glass technology for the Tattersalls Club's $300 million upgrade in Sydney's central business district.
Read Full Article →TZ smart locker wins global praise as Keyvision deal lifts sales
TZ Limited has achieved significant recognition with a tech award and a strategic partnership with Keyvision, resulting in increased revenue and deployment of 2,500 smart lockers i...
Read Full Article →Tesla board started hunt for new CEO as Musk focused on White House, WSJ reports
Tesla's board is searching for a new CEO due to Musk's increasing commitments to the Trump administration, which could impact the company's leadership stability and financial perfo...
Read Full Article →Rio Tinto executives lashed by traditional owners at AGM
During the annual general meeting, traditional owners in Pilbara criticized Rio Tinto executives for allegedly failing to transparently communicate the environmental and social eff...
Read Full Article →Woolworths sales fall behind Coles as price battle rages on
In the context of a competitive price reduction strategy amid an ongoing cost-of-living crisis, Woolworths is experiencing declining sales compared to Coles, affecting their market...
Read Full Article →Atomos hits refresh with new CEO and broadened product strategy
Atomos Limited appointed Peter Barber as CEO and introduced four new products, including a recurring revenue cloud services platform, aiming to enhance its market position and fina...
Read Full Article →Before the WFH backflip, industrial relations was already on the political agenda
The government's initial term included reforms aimed at enhancing industrial relations, such as multi-employer bargaining and establishing workers' rights, demonstrating a proactiv...
Read Full Article →Trump says Biden is to blame for America’s shrinking economy. The data says otherwise
The current economic downturn in the United States is attributed by some to the previous administration, but evidence suggests that ongoing trade conflicts may be a more significan...
Read Full Article →ABC Radio sinks to new low in Melbourne ahead of election
ABC Radio has recorded its lowest audience share in Melbourne, indicating potential financial challenges, while competitors like Kyle and Jackie O performed better in the latest su...
Read Full Article →ASX see-saws after another manic session on Wall Street
Financial markets experienced volatility as signs emerged of economic strain in the US, attributed to ongoing trade tensions, influencing trading patterns on the ASX following fluc...
Read Full Article →US kids may get ‘two dolls instead of 30’, but China will suffer more, says Trump
The US president aims to alleviate concerns over tariffs potentially harming the economy, while highlighting the greater impact these trade policies may have on China’s financial s...
Read Full Article →As Musk nears end of 130-Day DOGE stint, he’s down $175 billion
Musk has experienced a significant financial decline, with his wealth decreasing by $175 billion and Tesla's market value dropping by $700 billion since January, outpacing recent g...
Read Full Article →Tech stocks, banks bolster ASX despite higher-than-expected inflation
Despite higher-than-expected inflation figures, the Australian sharemarket continued its upward trend for five consecutive days, supported by gains in technology stocks and the ban...
Read Full Article →Milestone registrations to expedite Hot Chili copper-gold project
Hot Chili has obtained crucial approvals that will accelerate the development of its Costa Fuego copper-gold and Huasco Water projects, which are now prioritized by the Chilean gov...
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