Finance News – Australia
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ASX to gain after Wall Street hits record; Nutella buys Corn Flakes
The Australian stock market is likely to rise following Wall Street’s all-time high, as investors remain optimistic despite continued concerns over international trade policies and...
Read Full Article →Small town hails Supreme Court win in rates battle with miner
The recent court decision allowing local authorities to charge fees on mining sites may result in substantial additional annual expenses for mining companies, potentially impacting...
Read Full Article →Live: Aussie dollar hits highest price since November
The recent increase in the Australian currency’s value may positively influence stock market performance, reflecting growing investor confidence and potentially impacting trade and...
Read Full Article →The Australian pharma giant on Trump’s tariff hit list
The $117 billion Australian pharmaceutical company faces potential financial challenges as it awaits the US government's decision on tariffs that could impact its cost structure an...
Read Full Article →X marks the spot for Pacgold’s big bulls-eye gold target near Cairns
Pacgold Limited’s recent high-intensity geophysical surveys at the Alice River project in Far North Queensland have identified a substantial gold prospect that could significantly...
Read Full Article →Milestone deal plunges Chariot into West African lithium market
Chariot Corp’s planned majority acquisition of multiple Nigerian lithium sites represents a strategic investment with potential to enhance its resource portfolio and influence in t...
Read Full Article →Price low but hopes high as $1b Australian lithium mine opens
The commencement of the $951 million Kathleen Valley lithium mine in Western Australia marks a notable investment in the region, reflecting cautious optimism despite challenges in...
Read Full Article →ASX set to rise after tech giants lift Wall Street; Nvidia hits record
Following gains in major U.S. technology companies that boosted key indices, the Australian stock market is anticipated to open higher, reflecting increased investor confidence and...
Read Full Article →'Reliable partner': Penny Wong's message to Asian nations amid Trump tariff threats
Foreign Minister Penny Wong emphasized Australia's commitment to maintaining stable economic ties and accessible trade opportunities for South-East Asian countries facing uncertain...
Read Full Article →Jim Chalmers wanted to talk about the RBA. Donald Trump had other ideas
Jim Chalmers aimed to discuss central bank policies amid ongoing economic debates, while political figures focused on international relations and trade uncertainties influencing fi...
Read Full Article →Linda Yaccarino, CEO of Elon Musk’s X, resigns after two years at the helm
The departure of Linda Yaccarino may impact investor confidence and strategic partnerships as the company navigates financial adjustments following its recent integration with Musk...
Read Full Article →Live: Trump's pharmaceutical tariff threat causing uncertainty
The proposed 200 percent tariff on pharmaceutical exports by the US administration is creating financial uncertainty for Australian drug manufacturers and potentially impacting int...
Read Full Article →Live: Chipmaker Nvidia becomes first company to hit $US4 trillion
Nvidia’s unprecedented market valuation highlights its growing influence in the tech industry and contributes to positive investor sentiment, potentially encouraging gains in globa...
Read Full Article →Trump reveals 50 per cent tariff rate for Brazil
The announcement of increased tariff rates for Brazil and other nations highlights potential shifts in international trade, which could impact economic relations and market dynamic...
Read Full Article →'Unconfident': RBA risks falling into persistent policy error, warns former assistant governor
The former RBA assistant governor warns that delaying further interest rate cuts could lead to ongoing policy mistakes, potentially impacting economic stability and market confiden...
Read Full Article →SpaceX’s latest $600b value rockets Elon Musk’s wealth
SpaceX’s potential fundraising and insider share sales could substantially increase the company’s valuation, significantly impacting Elon Musk’s overall financial portfolio and mar...
Read Full Article →Consistent gold hits firm up Strickland Serbian prospect model
The steady mineralization encountered at the Gradina project reinforces the potential economic value of the deposit, suggesting promising opportunities for future development withi...
Read Full Article →Olympio drills deeper targeting more gold in Canada’s Cadillac Break
Olympio Metals has expanded exploration efforts at its Bousquet site in Quebec, aiming to better understand and potentially increase the gold resources within a significant mineral...
Read Full Article →Trade war 'not a passing storm', Malaysian PM warns South-East Asian nations
Several South-East Asian nations are preparing for increased tariffs starting next month, prompting efforts to negotiate agreements aimed at minimizing the potential economic impac...
Read Full Article →Auric eyes $4.5M windfall from final Jeffreys Find WA mining campaign
Auric Mining’s concluding toll milling at the Jeffreys Find site in Western Australia is expected to generate approximately $4.5 million in revenue from the recovery of 2,750 ounce...
Read Full Article →The unintended consequences of Trump’s copper tariff
The recent 50 percent tariff on copper is likely to increase costs for American manufacturers due to limited domestic processing capabilities despite abundant copper reserves.
Read Full Article →Why didn't the RBA cut rates yesterday?
The Reserve Bank's decision to maintain interest rates can impact borrowing costs for homeowners, influencing mortgage repayments and broader economic conditions until the next pol...
Read Full Article →ASX to slide on opening; Wall Street mixed
The Australian stock market is expected to decline at the start of trading as investors react to the central bank’s unexpected choice to maintain current interest rates.
Read Full Article →RBA expects Trump's tariffs to have 'profound' effect, but markets 'shrug and move on'
The introduction of tariffs by the U.S. is projected to strongly influence the economy, prompting calls for innovative economic strategies to address the significant challenges cur...
Read Full Article →Trump's plan 'backfired' on tariffs, experts say. He's only got two deals to show for it
The implementation of tariffs has caused widespread market volatility and business interruptions, resulting in limited successful agreements and ongoing challenges for global trade...
Read Full Article →'Exorbitant' $800 rate rise prompts MP's call for legislative change
The recent 25 percent increase in local government rates has raised concerns about affordability, leading a federal MP to advocate for reforms in Queensland’s municipal financial r...
Read Full Article →PBS 'not on the table' to escape concerning pharmaceuticals tariff
The government remains committed to maintaining the current drug subsidy program despite potential economic challenges posed by a significant tariff increase on pharmaceutical expo...
Read Full Article →Live: ASX to slip after RBA's surprise interest rate decision, Trump announces further tariffs
The unexpected pause in interest rate changes by the Reserve Bank and uncertainty over upcoming tariff extensions are expected to modestly affect Australian share prices in early t...
Read Full Article →Live: Australia 'urgently' seeking further detail on Trump's pharmaceutical tariffs
Australia is actively requesting more information from the United States regarding the potential imposition of high tariffs on pharmaceutical imports, which could substantially imp...
Read Full Article →Trump flags tariffs of 200pc on pharmaceuticals, 50pc on copper
A proposed increase in tariffs on pharmaceuticals and copper could substantially impact Australia's export revenues by significantly raising costs for these key commodities in the...
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