Finance News – Australia
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Historic wheat shipment ends CBH's 85-year export monopoly at WA port
The arrival of an independent grain shipment from Geraldton to Indonesia introduces new market dynamics, potentially lowering export expenses and increasing profit opportunities fo...
Read Full Article →ASX set to slide as Wall Street slumps; Oil prices rise; $A falls
The decline in US stock markets, influenced by escalating oil prices, is expected to negatively impact the Australian share market and contribute to a weakening of the national cur...
Read Full Article →Aussie golfers eye equal-biggest purse in LPGA history
The increase in prize money for this week’s Women’s PGA Championship highlights a significant boost in financial rewards, positioning the tournament among the highest-paying events...
Read Full Article →20 per cent rates rise to hit some North Queensland householders
Increasing land values in Townsville have led to significant council rate adjustments, resulting in notable financial impacts for both residential and commercial property owners ac...
Read Full Article →Australia's craft brewers hope to tap China's booming beer market
Australian craft breweries see potential for growth and increased revenue by expanding into China’s rapidly expanding beer industry amid shifting global trade dynamics caused by th...
Read Full Article →Live: Stocks fall as Trump's threats against Iran send oil prices surging
Rising oil prices driven by geopolitical tensions have prompted a decline in stock markets, reflected in Australia's exchange and a weakening Australian dollar against the US curre...
Read Full Article →Fears WA's main power grid 'slowly collapsing' as gas plant teeters on edge
The financial instability of a major gas-fired power facility in Western Australia raises concerns about potential disruptions that may impact the broader energy market and increas...
Read Full Article →Macquarie Group-backed private ATMs are helping fuel the illegal tobacco trade
Investments connected to Macquarie Group are generating substantial revenue by facilitating private ATM operations that indirectly support the nationwide market for illicit tobacco...
Read Full Article →The company with zero revenue that is worth $31 billion
A biotech firm focused on neurological therapies has seen its market value skyrocket to $31 billion despite having no sales, reflecting investor optimism about its future prospects...
Read Full Article →Empire/Beetaloo stimulates gas extraction at massive NT project
The initiation of hydraulic stimulation at the Carpentaria-5H well marks a critical operational milestone for Beetaloo Energy Australia, potentially enhancing its resource developm...
Read Full Article →FOMO has hit the housing market, and it’s just the beginning
Increased buyer urgency driven by market trends is influencing home prices to rise, potentially impacting affordability and prompting quicker purchasing decisions among prospective...
Read Full Article →Strickland ramps up Serbian gold assault with seventh drill rig
The addition of a seventh drill rig at the Rogozna project is expected to enhance Strickland Metals' exploration efficiency, potentially increasing resource estimates and long-term...
Read Full Article →Aurum fleshes out potential giant West African open-pit gold deposit
Aurum Resources' recent drilling results at the Boundiali project in Cote d’Ivoire indicate a promising gold concentration that could enhance the overall value and future revenue p...
Read Full Article →Javelin eyes hidden gold-copper trove in WA Eastern Goldfields
Javelin Minerals has identified multiple promising gold and copper targets in Western Australia’s Eastern Goldfields, potentially enhancing the company's asset value as exploration...
Read Full Article →Made in the US? Trump’s MAGA mobile is just another phoney deal
Despite claims of domestic production, the Trump family’s new phone is not manufactured in the United States, highlighting potential inconsistencies amid tariff threats against com...
Read Full Article →ASX set to edge up as Wall Street rebounds; $A jumps; Oil prices slide
Global equity markets showed modest gains amid easing geopolitical tensions, with the Australian dollar strengthening and energy commodities experiencing a decline after recent reg...
Read Full Article →Former premier to lead committee running troubled NSW Liberal Party
The extended federal oversight of the NSW Liberal Party aims to stabilize its operations and address financial challenges, potentially impacting fundraising and resource management...
Read Full Article →Trump family unveils gold ‘Made in America’ phone, mobile service
The launch of a new smartphone and service by the Trump family highlights their ongoing efforts to expand business ventures, potentially impacting their financial portfolio and mar...
Read Full Article →Victorian councils rip up roads they can't afford to fix
Several local governments in Victoria face budget constraints that limit their ability to maintain infrastructure, impacting service delivery despite efforts to manage costs over t...
Read Full Article →Trump family unveils gold Made in America phone, mobile service
The introduction of a new smartphone and mobile service by the Trump family represents a strategic move into the telecommunications sector, potentially impacting market competition...
Read Full Article →Union wants 'presumed' right to work from home, as Labor weighs new law
The ongoing debate over remote work rights could influence wage structures, potentially affecting overtime pay and penalty rates for employees who manage their own schedules outsid...
Read Full Article →Funding boost sees NSW biosecurity budget top $1b
The recent increase of $141.2 million in the allocated resources brings New South Wales' expenditure on biosecurity measures to over one billion dollars, reflecting a significant i...
Read Full Article →Fresh legal challenge launched against Woodside's North West Shelf extension
The ongoing legal dispute over the gas facility's expansion could potentially impact Woodside's future revenues and investor confidence due to concerns about environmental approval...
Read Full Article →Live: Global stocks rise despite Middle East conflict
Financial markets showed resilience as major indices recovered losses amid geopolitical tensions, with energy prices easing and futures suggesting continued positive momentum in ke...
Read Full Article →State charges woman with dementia $137k while managing assets at a loss
A government agency is under investigation for allegedly imposing excessive fees on an elderly client with dementia, raising concerns about financial management practices and overs...
Read Full Article →Bibles, golf courses and crypto: How Donald Trump made his money in 2024
Donald Trump’s diverse portfolio, including religious publications, recreational properties, and digital assets, played a substantial role in generating his wealth and influencing...
Read Full Article →Santos backs $30b takeover from Middle East oil giant
The proposed acquisition, valued at $30 billion, represents a major transaction that could significantly reshape the energy sector and influence market dynamics between Australian...
Read Full Article →Aguia hits paydirt with first hole at Colombian gold project
Aguia's initial drilling at the Santa Barbara site in Colombia has revealed mineralized quartz veins, indicating potential for valuable gold deposits that could enhance the company...
Read Full Article →Latitude 66 hits gold, cobalt along 2.5km corridor in Finland
The recent drilling at the K6 prospect in northern Finland revealed a 2.5-kilometer zone containing valuable minerals, which may enhance the company’s asset portfolio and future re...
Read Full Article →Pacgold nails opening salvo in 2025 Queensland drilling blitz
Pacgold's initial drilling results in Queensland indicate promising near-surface and deeper high-grade mineralization, potentially supporting a large-scale open-pit operation that...
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