Finance News – Australia
What is your interest today?
ASX set to rise, Wall Street rattled as Trump says he has discussed firing Fed chief
Market uncertainty increased as President Trump mentioned considering the removal of the Federal Reserve chair, causing volatility in US equities while Australian shares are expect...
Read Full Article →Bank executive charged with procuring under-age girls for sex found dead
The unexpected death of a senior banking official facing serious legal allegations may have significant implications for the institution's public image and investor confidence.
Read Full Article →Push to make Gold Coast Australia's Silicon Valley for health tech
The expanding technology industry on the Gold Coast is approaching tourism in economic impact, highlighting its growing importance and potential to drive further financial developm...
Read Full Article →Live: Trump 'not planning' to fire Fed chair Jerome Powell
The announcement that the Federal Reserve chair will remain in position has positively influenced investor sentiment, contributing to a rebound in stock prices and an anticipated i...
Read Full Article →ASX Big Hits: Encounter, Nimy Resources and Hyterra
Recent mineral discoveries by Encounter, Nimy Resources, and Hyterra on the ASX could potentially influence investor interest and market dynamics within the mining sector.
Read Full Article →Corporate fairytale: How a boy from the bush rose to run world’s third-largest mining giant
Simon Trott’s leadership of Rio Tinto carries financial importance due to his untainted reputation following the Juukan Gorge incident, which could influence investor confidence an...
Read Full Article →Javelin upgrades gold resource at near-term Kalgoorlie gold pit
The recent increase in the indicated gold resource at the Kalgoorlie site enhances the project's economic potential by improving mine planning and potentially accelerating producti...
Read Full Article →Critica Mid West met-work yields high-grade rare earths boost
The exceptional concentration and efficient processing at Critica’s Jupiter project in Western Australia have the potential to enhance the project's economic value through improved...
Read Full Article →Burgertory CEO quits amid 'targeted attacks' and $1 million tax bill
The departure of Burgertory’s CEO follows a significant tax liability totaling $1 million linked to multiple associated businesses, potentially impacting the company’s financial st...
Read Full Article →ASX set to fall as inflation surprise sends Wall Street lower; Nvidia jumps
The unexpected rise in inflation data caused a decline in major US stock markets, influencing global investors and leading to a downward trend in the Australian Securities Exchange...
Read Full Article →Businesses fear losing millions as NSW mine on brink of collapse
Creditors anticipate substantial financial losses as administrators assume control of a Hunter Valley mine facing potential collapse, raising concerns about the impact on associate...
Read Full Article →Zuckerberg and former Meta execs sued for billions over user data
Meta faces legal action from its shareholders seeking over $12 billion in penalties and expenses due to alleged mishandling of user information linked to past data privacy violatio...
Read Full Article →Live: Wall Street stumbles as US inflation jumps, ASX set to fall
A sharp increase in US inflation caused declines in major American stock markets, leading analysts to anticipate a similar downward trend in the Australian Securities Exchange duri...
Read Full Article →A happy accident? Tax reform talk heats up after Treasury's FOI error
The unintended disclosure of internal recommendations has intensified discussions around altering tax policies, potentially influencing significant fiscal changes proposed by gover...
Read Full Article →NAB runs into a governance bin fire with a boozy accelerant
Shareholders expressing concerns about executive conduct, particularly regarding alcohol use, highlights unusual governance challenges that may impact investor confidence and the b...
Read Full Article →ASX higher, miners slide; Bitcoin breaks $US120,000
The Australian stock market experienced gains driven by optimism from U.S. markets amid changing tariff expectations, while mining stocks declined and cryptocurrency surged past a...
Read Full Article →Elon Musk wants to raid his empire as one of his babies burns through billions
Elon Musk aims to address the rapid cash outflow from one of his ventures by leveraging Tesla's resources to stabilize the financial situation and mitigate ongoing monetary losses.
Read Full Article →‘Mirage’: RBA claim that card surcharge ban would save Australians $1.2b provokes industry ire
The Reserve Bank’s proposed ban on card surcharges, set to begin next July, is expected to impact business revenue streams and prompt debate over its actual economic benefits for c...
Read Full Article →Scrutiny on energy industry after Chevron confirms gas leak
The discovery of gas contamination in surface and groundwater on Barrow Island has prompted increased attention to the energy sector’s environmental and regulatory risks, potential...
Read Full Article →What to know about the HECS discount when filing your tax return
Understanding how current policies affect your education loan balance during tax season is important, as recent changes may impact the amount you owe or the benefits you receive.
Read Full Article →Farmers and community rejoice as government rejects coal exploration
The government's decision to deny coal exploration permits may impact local economic opportunities, influencing future investments and potentially affecting revenue streams linked...
Read Full Article →Nvidia boss knows how to work Trump but what about the AI jobs carnage?
Nvidia's CEO navigates complex trade tensions while managing the economic impact of AI advancements, which are expected to significantly disrupt labor markets and reshape global te...
Read Full Article →Childcare provider says it didn’t think abuse scandal news would hurt share price
G8 Education experienced a substantial decline in its stock value following the revelation of serious allegations involving a former staff member, prompting the company to address...
Read Full Article →Strickland digs deep for gold-copper glory in Serbia
Strickland Metals has launched a major exploration initiative in Serbia aimed at uncovering substantial copper and gold resources, potentially enhancing the company's long-term fin...
Read Full Article →King River taps high-grade gold while eyeing NT copper-gold riches
King River Resources has achieved promising gold discoveries at its Kurundi site in the Northern Territory and is advancing plans to explore additional copper-gold deposits at the...
Read Full Article →Aussie rare earth juniors shine as US dollars flood Mountain Pass
The U.S. Department of Defense's substantial investment in a key domestic rare earths mine is expected to positively impact the value and growth potential of several Australian jun...
Read Full Article →Livestock agent jailed after admitting to $235k fraud
Nathan Gibbon’s conviction for deceiving multiple businesses resulted in a six-month prison sentence and community service, reflecting the serious financial impact of his actions o...
Read Full Article →Investor 'aghast' as council delivers 50 per cent commercial rate rise
The recent increase in commercial rates by half has raised concerns among business leaders about its potential impact on investment and economic stability in the region.
Read Full Article →ASX set to slide lower as tariffs weigh on Wall Street
The decline in US equities following a brief peak reflects growing concerns over trade restrictions, which could influence investor confidence and impact market performance globall...
Read Full Article →Court says community anxiety over gold mine expansion 'misconceived'
The Land Court's approval of the gold mine expansion in Whitsunday could lead to increased local investment and job opportunities, despite previously expressed worries about enviro...
Read Full Article →