Finance News – Australia
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Australia and EU revive trade talks but agriculture still a sticking point
Renewed negotiations between Australia and the European Union aim to enhance economic stability amid global shifts, though disagreements over agricultural policies continue to infl...
Read Full Article →Qld government grants to help Red Metal drill big copper-gold targets
The Queensland Government's $400,000 funding aims to support Red Metal in advancing exploration activities for substantial copper and gold deposits within its Queensland projects.
Read Full Article →Trump’s stupid obsession will unleash pain on America
The recent OECD projection indicates that America is likely to experience more severe economic challenges compared to other countries due to ongoing trade conflicts initiated under...
Read Full Article →Virgin Australia gets $685 million IPO ready for lift-off
Virgin Australia is preparing to raise $685 million through an initial public offering, marking its return to the Australian stock market after a hiatus of over four years and inte...
Read Full Article →South Korea's new president has 'a hard line to walk' between US, China
Lee Jae-myung’s administration must navigate complex international relationships that could impact trade flows, investment decisions, and economic stability amid shifting alliances...
Read Full Article →ASX set to rise as Wall Street moves higher; Meta signs nuclear deal
Global markets showed positive momentum influenced by gains in US equities, while Meta's new agreement in the energy sector highlights ongoing corporate investments amid economic u...
Read Full Article →Job losses flow down the line from troubled SA steelworks
The administration of Whyalla's steelworks has led to widespread economic challenges, causing several related companies to reduce their workforce due to decreased demand and financ...
Read Full Article →Weak GDP gives RBA green light for another interest rate cut in July
The recent slowdown in economic growth increases the likelihood of a reduction in borrowing costs, potentially easing financial pressure for consumers and businesses in the upcomin...
Read Full Article →Farmers urge gardeners to check tomato plants as virus plans scrapped
Farmers warn that if the tomato virus spreads unchecked, the agricultural sector could face substantial economic damage, potentially impacting both commercial growers and home gard...
Read Full Article →Indian legend in tears as Bengaluru finally break IPL hoodoo
Bengaluru's victory in the IPL final not only ends their long streak of near misses but also boosts the franchise's market value and opens new revenue opportunities through sponsor...
Read Full Article →Live: ASX to rise ahead of first-quarter GDP data release
Investors are anticipating a boost in Australian share prices influenced by gains in US markets, as upcoming economic data on quarterly growth is scheduled to be announced later th...
Read Full Article →‘Highly inefficient’: How super fund’s death claims backlog ballooned from 700 to 4800
The accumulation of unresolved death benefit claims at the super fund has created significant delays, potentially affecting beneficiaries' timely access to their entitled financial...
Read Full Article →Depositors beware: Crypto ATMs are the newest way to scam you
The rapid increase in cryptocurrency ATM installations has attracted criminal groups, raising concerns about potential financial risks for users who may unknowingly become victims...
Read Full Article →Strickland boosts Serbian prospect with further thick gold hit
Strickland Metals has enhanced the value of its Gradina site within the Rogozna project due to a substantial gold intersection measuring 62.7 meters with an average grade of 3.5 gr...
Read Full Article →ASX set to rise, Wall Street advances; $A jumps; oil surges
Global markets showed positive momentum with rising shares in the United States, a strengthening Australian dollar, and increased oil prices, reflecting investor confidence and pot...
Read Full Article →Trump tariff uncertainty brings weaker outlook for Australia, RBA official says
An official from the Reserve Bank of Australia indicated that although direct effects of recent U.S. trade policies may be limited, broader international economic uncertainty could...
Read Full Article →Farmers battling drought call for low-interest loans 'not a handout'
South Australian farmers affected by drought seek reduced loan interest rates to manage operational costs and sustain their businesses, emphasizing financial support rather than ou...
Read Full Article →Vanuatu to look at stripping Andrew Tate's 'golden passport'
Vanuatu's citizenship-by-investment program generates substantial revenue but faces criticism for potentially enabling wealthy and high-risk individuals to obtain legal residency t...
Read Full Article →Paid CFA firefighters start work bans after failed pay negotiations
The ongoing work restrictions by CFA firefighters in regional Victoria, resulting from unsuccessful salary discussions, are expected to have financial implications for local govern...
Read Full Article →Live: Millions await minimum wage decision, with impact on consumer spending and interest rates
The upcoming determination regarding wage levels is expected to influence household expenditures and may also affect borrowing costs within the broader economy.
Read Full Article →Higher recovery rates boost Sarytogan Kazakh graphite marketability
Achieving concentrate grades above 90% in initial testing enhances the economic potential of the Sarytogan graphite deposit by improving product quality and attracting more competi...
Read Full Article →US share price rockets as Dateline stacks up rare earths-gold system
The dramatic increase in Dateline Resources’ stock value reflects investor optimism about the potential economic impact of its large-scale mineral discovery in California.
Read Full Article →UK unveils radical defence overhaul as Starmer eyes Russian threat
The proposed defence changes signal a potential increase in military expenditure that could impact the UK’s budget priorities and economic planning, although specific funding timel...
Read Full Article →House price rises were meant to ease. So what’s happened?
Despite expectations of slowing growth, property values in Australia have continued to increase, challenging previous forecasts and impacting affordability for many potential homeb...
Read Full Article →Why did Trump double his steel tariffs? Because he could
By increasing steel tariffs, the president aimed to demonstrate continued authority over trade policies while providing rationale for reversing a previously agreed $15 billion stee...
Read Full Article →Trump hates it, but ‘TACO’ is the secret to his resilience
The investment strategy associated with avoiding certain risks has played a crucial role in maintaining Donald Trump’s financial stability despite his public opposition to it.
Read Full Article →ASX set to edge up, Wall Street treads water
Australian shares are expected to experience slight gains as US markets remain steady after mixed earnings results from major retailers impacted by fluctuating trade policies and t...
Read Full Article →Live: Wall St ends flat after volatile session, ASX set for slight gain
Despite fluctuating trade tensions causing market instability, major U.S. stock indices finished unchanged while the Australian Securities Exchange is anticipated to open with a mo...
Read Full Article →Tasmanian abalone industry reeling as demand and export prices plunge
The Tasmanian abalone sector faces financial challenges due to increased competition from Chinese farmed abalone, leading to reduced export earnings and a decline in market share f...
Read Full Article →‘Dairy shortages, no ifs or buts’: Milk and butter prices to rise as farmers tread water
The increased expenses farmers face due to ongoing climate challenges are likely to result in higher costs for dairy products, impacting overall grocery prices for consumers.
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