Finance News – Australia
What is your interest today?
Why older workers can be ‘too qualified’ to get a new job
As professionals advance in their careers, the limited availability of senior positions combined with increased salary demands can create financial challenges when seeking new empl...
Read Full Article →Rebranded Uranium American locks itself into US clean energy push
Uranium American Resources has secured a fully funded acquisition of historic uranium and vanadium mines, positioning itself to play a potentially important role in the United Stat...
Read Full Article →Lost in translation: Trump doesn’t seem to understand the ‘massive’ deal he just made
The recent trade agreement with Japan represents a substantial shift in economic relations, potentially affecting tariffs, market access, and investment opportunities between the t...
Read Full Article →Macquarie CEO pay riles investors as long-standing finance chief exits
Investors have expressed concern over executive compensation amid a profit decline at the investment bank, coinciding with the departure of its long-serving finance chief.
Read Full Article →ATO accused of dumping tax bill for ex-PM Paul Keating’s company
The Australian Taxation Office is facing scrutiny for allegedly forgiving approximately $1 million in penalties and interest tied to an investment firm once associated with former...
Read Full Article →ASX set to rise, Wall Street advances after US-Japan trade deal; $A stronger
Global markets showed positive momentum as the agreement between the United States and Japan aimed to reduce trade barriers, contributing to increased investor confidence and a mod...
Read Full Article →International students have not driven rents and inflation higher, RBA says
The RBA's analysis indicates that the increase in foreign student numbers after the pandemic had a limited impact on rental prices and overall inflation trends within the housing m...
Read Full Article →'To appease Donald Trump': Australia's beef backflip all-too convenient
The government's revised stance on US cattle traceability reflects a strategic decision that could impact Australia's beef exports and financial relations by potentially easing tra...
Read Full Article →Community group wins legal battle against 22-year coal mine extension
The court's decision to overturn the approval of the mine expansion could affect future investments and operational costs associated with resource development in the region.
Read Full Article →RBA governor says June's unemployment rate jump not a shock
The Reserve Bank governor noted that although the unemployment rate rose in June, the increase aligned with the institution's prior predictions, indicating no unexpected shift in t...
Read Full Article →Tesla posts biggest revenue drop in decade as 'rough few quarters' loom
Tesla is experiencing a significant decline in income, reflecting near-term difficulties in its electric vehicle segment, while leadership emphasizes the potential benefits expecte...
Read Full Article →Cattle industry says shoppers unlikely to see US beef imports on shelves
Although Australia has removed biosecurity barriers to US beef, the cattle sector anticipates minimal impact on retail availability, suggesting limited immediate effects on market...
Read Full Article →More cattle heading to feedlots as prices continue to pinch at supermarket
Rising expenses have led consumers to choose more affordable meat, resulting in an increased number of cattle entering feedlots instead of premium markets.
Read Full Article →Australia ends key Trump administration grievance over beef imports
The removal of biosecurity limitations on American beef imports by Australia could potentially improve trade relations and reduce financial barriers, benefiting exporters and impor...
Read Full Article →Live: Tesla revenue slumps in sharpest fall in a decade
Tesla’s recent quarterly earnings fell short of projections, marking a notable decline in sales that has implications for investor confidence and market performance.
Read Full Article →Live: Coalition questions if US beef decision designed to appease Trump
Australia’s removal of biosecurity limits on American beef may serve as a strategic effort to facilitate negotiations aimed at eliminating existing trade tariffs between the two co...
Read Full Article →Security breach for super fund after Australia Post mail theft
The theft of mail from Australia Post has created uncertainty regarding the number of superannuation fund members affected, potentially impacting the management and security of the...
Read Full Article →Nowhere to hide for NAB boss after drinking accusations
The allegations against Andrew Irvine have prompted increased scrutiny from investors and market experts, potentially impacting the bank’s reputation and influencing its financial...
Read Full Article →Marmota expands drilling program at high-grade SA gold target
Marmota Limited has increased its initial exploration efforts at the Greenewood gold site in South Australia, potentially enhancing its resource base and future economic prospects...
Read Full Article →Pilot initiates courtship process for massive Perth Basin gas play
Pilot Energy has begun seeking investment partners to develop a substantial offshore gas resource in Western Australia, aiming to enhance project funding and share financial risks...
Read Full Article →Top UK court quashes ex-bankers' rate rigging convictions
The court's decision overturning former bankers' convictions may impact ongoing financial regulatory approaches and market confidence related to past interest rate benchmark manipu...
Read Full Article →Trump sparks a $6.4 billion wipeout for a US icon
The imposition of new tariffs linked to recent policy changes has led to substantial financial losses for a major American automotive company, raising concerns about the industry's...
Read Full Article →NAB boss hasn’t engaged with board after ‘difficult’ week
The recent investor apprehensions regarding Andrew Irvine's leadership and behavior at events could impact the bank’s market confidence and potentially influence its financial perf...
Read Full Article →The ATO insisted Paul Keating's company pay $950k. Then it reversed its decision
The reversal of the $950,000 payment demand by the tax authority highlights the complexities and financial implications involved in resolving long-standing disputes over tax liabil...
Read Full Article →'Nothing to hide': Builder denies defects after homeowners win in court
The tribunal's decision requires the builder to compensate the homeowners nearly $25,000, reflecting the legal and financial repercussions associated with addressing property defec...
Read Full Article →ASX set to rise, Wall Street mixed; Trump labels Fed chief a ‘numbskull’; Coca-Cola to make new prod...
Global markets showed varied reactions as major U.S. corporations reported earnings impacted by trade policies, while political statements continued to influence investor sentiment...
Read Full Article →Cutting HECS debt is the least Albanese could do for young Australians. He should do more
Reducing higher education debt offers some financial relief to younger Australians, yet broader economic policies and housing challenges continue to limit their overall financial s...
Read Full Article →'Wasn't an easy day': Transport for NSW set to slash 950 jobs
Transport for NSW plans to reduce its workforce by a total of 1,250 positions, including 950 job cuts announced recently, which is expected to significantly impact the organization...
Read Full Article →Russian couple found with $1.9m cash to stand trial for alleged money laundering
The couple’s possession of nearly two million dollars in cash is significant as it raises questions about the source and intent of the funds amid serious legal allegations.
Read Full Article →Trump says 'massive' trade deal with Japan has been struck
The agreement reportedly involves substantial Japanese investments in the United States and the implementation of a reciprocal tariff, potentially influencing bilateral trade dynam...
Read Full Article →