Finance News – Australia
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Live: ASX set for strong gains as Wall St ekes out fresh record
The Australian stock exchange is expected to open higher, reflecting positive momentum from the U.S. markets where key indices recently reached new peak levels.
Read Full Article →Miners drive modest gain for ASX, banks slump; Insignia agrees to $3.3b takeover
The stock market experienced a slight increase as mining companies benefited from higher iron ore prices, while banking stocks declined and Insignia announced a $3.3 billion acquis...
Read Full Article →Drawn-out battle ends with $3.3 billion takeover deal
The acquisition of MLC by foreign private equity firms highlights a major investment move aimed at gaining access to the expansive $4.2 trillion retirement savings market.
Read Full Article →Strickland nails 14g/t gold at Serbian Gradina deposit
The discovery of substantial gold concentrations at the Rogozna site in Serbia positions Strickland Metals to potentially enhance the project's valuation prior to releasing an init...
Read Full Article →Advance pushes 100-million-ounce silver mark with new Mexican project
Securing full ownership of a promising high-grade gold-silver project in Chihuahua could enhance Advance Metals' asset portfolio and potentially increase its market valuation throu...
Read Full Article →Report finds 2032 Games could generate $70 billion in economic opportunities
The upcoming sports event in 2032 is projected to create substantial financial benefits, potentially boosting economic activity by tens of billions across both urban and regional a...
Read Full Article →Larvotto plumps finances with US$105M for NSW gold/antimony mine
Larvotto Resources secured US$105 million through a fully subscribed senior secured bond to fund the recommencement of its Hillgrove antimony and gold operations in New South Wales...
Read Full Article →Great Southern sells mining licence in $9 million WA gold belt deal
The transaction provides Great Southern Mining with significant funds, enabling the company to invest in further exploration activities at its remaining gold assets within the West...
Read Full Article →The home-grown threat to China that has rattled Xi Jinping
Domestic challenges within China pose significant economic risks that could impact financial stability and growth prospects, adding complexity to the government’s efforts to mainta...
Read Full Article →Land court hears challenge against proposed $1 billion coal mine
The court is reviewing a dispute over the development of a large-scale coal project anticipated to significantly impact both the economy and environmental emissions over its operat...
Read Full Article →ASX set to fall, Wall Street takes a breather; $A steady
The Australian market is expected to decline slightly as US indexes held steady following reports that proposed higher tariffs on European goods could impact trade relations.
Read Full Article →Temu's big Aussie ad spend since US tariffs prompts new safety fears
Temu’s significant increase in advertising expenditure in Australia reflects efforts to offset US tariffs, raising concerns about a potential rise in unsafe goods following a previ...
Read Full Article →Live: Australian stocks poised to pull back from record highs
Australian equities, having reached unprecedented levels amid global economic uncertainties, are expected to experience a modest decline today according to market futures, indicati...
Read Full Article →Kerry Stokes-backed firm sending gas reserved for West Australians offshore
The export of gas initially intended for local consumption by a project supported by Kerry Stokes has financial implications, potentially affecting domestic supply and market price...
Read Full Article →Interstate investors swarm NT homes, shutting out locals and raising rents
The influx of buyers from outside the region has increased demand for Northern Territory properties, contributing to reduced housing availability for residents and driving rental p...
Read Full Article →Astronomer CEO resigns after being caught on Coldplay kiss cam
The departure of the CEO may impact investor confidence and potentially influence the company’s stock performance, as leadership changes often affect market perceptions and future...
Read Full Article →Star rookie lashes 'disrespectful' WNBA proposal amid bitter pay dispute
The ongoing disagreement over compensation between the league and its athletes highlights critical financial challenges affecting player earnings and the overall economic structure...
Read Full Article →What life is like in one of WA's few remaining company towns
The closure of a major mining operation significantly reduced Leinster's population, impacting the local economy, yet many longtime inhabitants continue to anticipate potential opp...
Read Full Article →ASX Runners: Lumos, Tali Resources, Osteopore, ClearVue & Evion
Lumos Diagnostics secured a substantial supply contract in the US market, potentially boosting its revenue by nearly half a billion dollars and impacting its financial outlook sign...
Read Full Article →Stunning 24 hours after CEO of $1.5b tech firm appears to be caught out on Coldplay ‘kiss cam’
The unexpected incident involving a leading technology company's CEO sparked widespread attention, prompting investors and analysts to reconsider potential impacts on the firm's ma...
Read Full Article →Under-fire NAB boss set to return to public eye amid turmoil
Andrew Irvine’s upcoming appearance at the banking conference highlights his continued influence within NAB, which remains significant to investors and stakeholders despite recent...
Read Full Article →Director of PNG's NRL franchise stood down amid corruption allegations
The director’s suspension may impact the franchise’s financial stability and investor confidence due to alleged corrupt activities connected to transactions involving a government-...
Read Full Article →ASX set to rise as Wall Street sets record; $A lower
The Australian stock market is expected to increase in response to strong economic data and varied earnings results in the US, while the Australian dollar experiences a decline.
Read Full Article →Catholic Church selling prime East Melbourne terraces. One was purchased for £6000, 76 years ago
The sale of valuable East Melbourne terraces owned by the Catholic Church, originally bought decades ago for a modest sum, could generate millions of dollars in current market valu...
Read Full Article →Live: Uptick in unemployment is 'unwelcome but unsurprising': Chalmers
The recent rise in joblessness may indicate ongoing economic challenges, potentially affecting consumer confidence and government policy decisions regarding fiscal management and s...
Read Full Article →Live: Traders shrug off Fed worries to send US shares to fresh records
Despite earlier concerns about the Federal Reserve's autonomy, strong economic indicators encouraged investors, leading to new peaks in the US stock market and reflecting positive...
Read Full Article →‘You live your life on these things’: The King assembling the ‘Rolls-Royce’ of furniture
David King is focused on creating a durable, high-quality furniture brand with long-term value that can withstand economic challenges, including tariffs, to establish a lasting leg...
Read Full Article →Oops. Did the Reserve Bank get that last rate decision wrong?
The release of June’s employment statistics has prompted renewed debate over the central bank’s recent interest rate adjustment and its potential impact on the broader economy.
Read Full Article →Aureka caps off Vic exploration quarter cashed up and still drilling
Aureka Limited strengthened its financial position by continuing extensive drilling activities across multiple Victorian gold projects, demonstrating ongoing investment in resource...
Read Full Article →Out for blood: Trump’s reckless witch-hunt could trigger financial chaos
If the president succeeds in removing the Federal Reserve chair, it may lead to significant instability in financial markets and impact economic confidence nationwide.
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