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Third NSW government agency this past week flags job cuts
Despite the recent addition of 500 roles, approximately 100 non-teaching positions at TAFE NSW are set to be eliminated, reflecting ongoing budget adjustments within state agencies...
Read Full Article →Owners of most profitable pokie machine club in NSW taken to court
The company operating the top-earning pokie machine venue in New South Wales faces legal action from the federal financial crime authority due to concerns surrounding its financial...
Read Full Article →Cricket Australia considering private ownership and expansion in BBL
Cricket Australia is evaluating potential changes to the Big Bash leagues, including new ownership models and growth opportunities, aiming to enhance revenue streams and strengthen...
Read Full Article →ATO reviewing how it decided to waive $950k owed by former PM's company
The tax authority is reassessing its prior choice to cancel significant financial obligations for a former prime minister's business, aiming to ensure fairness and maintain public...
Read Full Article →Annual inflation hits 2.1pc in June quarter, down from 2.4pc in March
The decrease in the underlying inflation rate suggests a potential easing of price pressures, which may influence monetary policy decisions and affect borrowing costs for consumers...
Read Full Article →Live: ASX to slip and RBA awaiting inflation data to determine whether to cut rates
The Australian stock market may experience a modest decline as investors await the upcoming inflation report, which will influence the Reserve Bank's decision on potential interest...
Read Full Article →Family-run engineering firm in tiny town celebrates $32m contract win
The local engineering company secured a substantial agreement contributing millions of dollars, expected to support economic growth and infrastructure development within the surrou...
Read Full Article →Potential arrival of Russian-tainted fuel raises 'tricky' questions over sanctions
The docking of a tanker carrying fuel linked to Russian oil in Western Australia highlights vulnerabilities in current sanctions, potentially affecting trade regulations and financ...
Read Full Article →Classes combined, teachers cancelled amid public schools' budget woes
Due to ongoing budget shortfalls, many public schools in the ACT are consolidating classes and reducing teaching staff as part of efforts to manage limited financial resources.
Read Full Article →Texan heavy hitter to bring 'American lens' to major NT gas supplier
The appointment of Scott Sheffield as a non-executive director introduces experienced leadership to the natural gas company, potentially enhancing investor confidence and influenci...
Read Full Article →CBA replaces dozens of call centre jobs with AI chatbot
The implementation of an AI chatbot by a major Australian company has led to the reduction of 45 positions in its customer support centres, reflecting cost-saving measures through...
Read Full Article →Accused fraudster raised $250m from investors, 'promised pot of gold'
Chris Marco is currently facing trial in Perth after allegedly securing $250 million from over 100 investors, with authorities claiming the funds were obtained through deceptive in...
Read Full Article →Taiwan to push back US stopover amid US–China trade talks, sources say
Taiwan’s decision to postpone the US visit may influence regional economic dynamics by affecting trade negotiations and investment flows amid heightened diplomatic interactions bet...
Read Full Article →Australia may no longer be Trump's least badly treated friend
Changes in the tariff policy could lead to increased financial burdens for Australia, potentially altering its previous status and impacting trade costs and economic relations with...
Read Full Article →Jewellery tycoon Michael Hill dies after taking leave for cancer treatment
The passing of the founder of a prominent jewellery brand may impact the company’s leadership and investor confidence, potentially influencing its financial performance and market...
Read Full Article →Live: Australia responds to Trump's latest tariff threat
Australia’s response to the potential increase in US tariffs highlights ongoing trade tensions that could impact bilateral economic relations and influence market stability between...
Read Full Article →Live: European markets fall on EU-US trade deal, ASX set to slide
Investors responded cautiously to the new trade agreement between the US and EU, leading to declines in European equities and anticipated downward pressure on the Australian stock...
Read Full Article →Trump suggests 10pc tariff imposed on Australia could double
An increase in the existing 10 percent tariff on Australian goods could lead to higher costs for exporters, potentially affecting trade volumes and economic relations between the t...
Read Full Article →Analysts say 'greed is good' is back as market euphoria surges
Experts indicate that rising enthusiasm for highly volatile internet-driven stocks is fueling a speculative environment in global markets, which could have important implications f...
Read Full Article →Pro-Ukraine hackers launch massive attack on Russia's Aeroflot airline
The cyberattack on Aeroflot significantly disrupted its operations, potentially leading to substantial financial losses due to damaged infrastructure, compromised data, and impacts...
Read Full Article →Protesters block gates of armoured steel plant over Israeli exports
The temporary obstruction at the Bisalloy Steel facility in NSW could potentially disrupt production schedules and impact the company’s revenue streams tied to international shipme...
Read Full Article →What Queenie claims on tax as a content creator
The Australian Taxation Office increasingly monitors earnings from online activities, requiring platforms to disclose user revenues to ensure proper taxation of income derived from...
Read Full Article →Live: US and EU seal trade deal, Wall St has fifth record close, ASX response looks muted
The agreement between the US and EU introducing a 15 percent tariff on European goods coincides with the S&P 500 achieving multiple consecutive record closes, while the Australian...
Read Full Article →Scottish protesters take to streets to decry Donald Trump's visit
The presence of the US president in Scotland highlights potential economic implications tied to discussions on trade policies and the impact of his family-owned golf resorts on loc...
Read Full Article →Trump says Thailand and Cambodia agree to ceasefire talks after border clashes
The announcement of potential negotiations between Thailand and Cambodia may impact regional economic relations, as trade agreements could be influenced by the resolution of ongoin...
Read Full Article →What benefits will Tasmanians see from a controversial hike in water bills?
The proposed increase in water charges aims to generate $1.7 billion in revenue for TasWater, which plans to invest the funds in improving infrastructure and addressing long-term m...
Read Full Article →Bunnings makes a play in 'hyper-competitive' solar, battery market
Bunnings is entering the increasingly competitive energy storage industry as Australians purchase more batteries than solar panels, signaling a shift in consumer demand and potenti...
Read Full Article →Cost of Eyre Peninsula desalination plant blows out by $140m
The budget for the Eyre Peninsula desalination facility near Port Lincoln has risen significantly, reflecting added expenses related to worldwide inflation and modifications in the...
Read Full Article →CIT officials' actions amounted to 'serious corrupt conduct': watchdog
The investigation revealed misconduct by two former CIT officers in managing a $5 million agreement, highlighting potential financial mismanagement within the institution.
Read Full Article →Trump fact-checked by Federal Reserve boss in exchange over renovations
The Federal Reserve chair clarified details regarding renovation expenses in response to President Trump's remarks, highlighting concerns about financial management during a period...
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