Finance News – Australia
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Do I need to contact my bank after the rate cut? Here's what you need to know
The recent reduction in interest rates by major banks affects mortgage repayments and savings returns, prompting individuals to evaluate whether contacting their financial institut...
Read Full Article →Live: ASX set to rise as markets price in further rate cuts
The Australian stock index is anticipated to open with gains as investors respond to the central bank’s reduction in borrowing costs, while international markets experience mixed r...
Read Full Article →Aguia drill rigs roll in Colombia to chase gold bonanza
Aguia Resources has commenced drilling at its Colombian site aiming to identify significant gold deposits that could enhance the company’s asset value and support future resource e...
Read Full Article →Advance to follow up high-grade Vic gold hits with 10 drill holes
Advance Metals plans to continue exploring promising areas by adding ten new drill holes following positive results from their recent eight-hole gold drilling program.
Read Full Article →There is something strange afoot at Australia’s biggest bank, and experts are stumped
Despite expert warnings that Commonwealth Bank may be overvalued, investor interest remains subdued, raising questions about the potential risks and future impact on the bank’s fin...
Read Full Article →Investors are chilled now, but Trump’s tariffs and debt will test them
The recent Moody’s downgrade and ongoing concerns about tariffs and national debt may pose challenges for financial markets, signaling potential risks that investors should careful...
Read Full Article →CBS News chief forced out amid tensions with Trump
The departure of Wendy McMahon from CBS News occurs as Paramount faces ongoing negotiations to resolve a $20 billion lawsuit filed by former President Trump, potentially impacting...
Read Full Article →Ombudsman scathing of how ACT Revenue Office chases land tax debts
The investigation highlights that the ACT Revenue Office’s methods for collecting outstanding land tax debts may impose substantial financial strain on taxpayers, potentially overl...
Read Full Article →Big Four banks pass on interest rate cut in full following RBA decision
Australia’s largest banks have adjusted their lending rates downward by 0.25 percentage points after the central bank reduced the official cash rate to 3.85%, affecting borrowing c...
Read Full Article →Our super funds are good at making money but face a rising challenge
Superannuation funds generate strong returns for members but must address increasing legal scrutiny and cyber threats to maintain financial stability and protect investor interests...
Read Full Article →ASX set to rise on RBA day, Wall Street erases losses; $A stronger
Markets in Australia are expected to gain as investors react to Federal Reserve developments, while global financial assets show mixed movements amid ongoing concerns about US debt...
Read Full Article →Further rate cuts likely as RBA confident it's won the inflation fight
The central bank’s decision to lower interest rates reflects increased assurance in controlling inflation, suggesting that additional reductions could support economic growth witho...
Read Full Article →Use our rate cut calculator to see how falling interest rates might impact you
By entering your loan amount, duration, and current interest rate, you can estimate potential savings that may result from a decrease in mortgage interest rates using our calculati...
Read Full Article →RBA cuts rates below 4pc for first time in two years
The central bank’s decision to lower the interest rate to 3.85 percent marks a continued effort to stimulate economic growth and ease borrowing costs for consumers and businesses a...
Read Full Article →Breaking: Charges laid against AGL over 'unsafe' lead exposure
The legal action taken against AGL could result in substantial financial penalties and increased regulatory scrutiny, potentially affecting the company’s operational costs and inve...
Read Full Article →Live: RBA interest rate cut considered a near certainty
A potential reduction in the central bank’s borrowing costs is expected to lower mortgage expenses, providing financial relief to homeowners and influencing broader economic and ma...
Read Full Article →Live: Nationals consider split as Coalition negotiations continue
The ongoing discussions between the Liberals and Nationals hold considerable economic implications due to disagreements over nuclear power development, allocation of funds to regio...
Read Full Article →'George Town struggles as it is': Smelter work pause worries locals
The reduction in smelter operations at Liberty Bell Bay, a major local employer with over 250 staff, raises concerns about potential economic challenges and job losses in the Georg...
Read Full Article →Why are Argonaut, RCF and Acorn small-cap funds all punting Pacgold?
Several small-cap fund managers, including Argonaut, RCF, and Acorn, have invested in Pacgold Resources due to its extensive gold system in Queensland, which offers promising poten...
Read Full Article →Qantas judge’s corporate tip: ‘Don’t play us for fools’
The judge overseeing Qantas’s case is expected to impose a substantial penalty for the unlawful dismissal of over 1800 employees, reflecting the serious financial consequences for...
Read Full Article →EV Resources jags profit from US antimony project sale
EV Resources generated a financial gain by transferring ownership of its US antimony asset to Trigg Minerals, receiving a combination of cash and equity valued at $450,000.
Read Full Article →TMK gets set for coal seam gas as ex-Sino exec joins board
TMK Energy’s strategic shift toward coal seam gas in Mongolia is supported by the addition of an experienced industry leader, potentially enhancing its market position and future r...
Read Full Article →Huge drill hits double La Verde copper-gold footprint for Hot Chili
Recent drilling results at Hot Chili’s La Verde site in Chile have significantly expanded the area of near-surface copper-gold mineralization, potentially enhancing the project's o...
Read Full Article →Asset sale and options cash fund Dateline US gold project study
Dateline Resources secured financing for a feasibility study at its US gold project through recent asset disposals and option conversions, while also planning rare earths explorati...
Read Full Article →Domino’s Australia boss abruptly resigns after nine months
The unexpected departure of the Domino’s Australia leader after less than a year may impact the company’s strategic direction and financial performance in the region moving forward...
Read Full Article →Kaiser builds gold armoury with producing Tassie mine
Kaiser Reef’s acquisition of the Henty gold mine in Tasmania, secured through a $31.6 million upfront payment, is expected to enhance its resource portfolio and potentially increas...
Read Full Article →Six new AusPost distribution sites announced for regional NSW
The addition of multiple distribution centers in regional NSW aims to enhance logistics efficiency and accommodate increasing e-commerce activity, potentially boosting local econom...
Read Full Article →Only two ship anchors prevented 'catastrophic' oil spill, report finds
The presence of just two anchors on the bulk carrier likely averted extensive environmental damage, potentially saving millions in cleanup costs and legal liabilities associated wi...
Read Full Article →ASX to dip as markets react to surprise US credit downgrade
The anticipated decline in the Australian stock market reflects global investor concerns following the unexpected reduction of the United States' sovereign credit rating by a major...
Read Full Article →Trump tariffs, ore price cited as Tasmanian smelter announces 'limited operations'
The decision to reduce smelter activity in northern Tasmania reflects economic challenges stemming from restricted raw material availability and increased costs linked to internati...
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