Finance News – Australia
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Community's poorest lose MyGov payments in 'ingenious' charity scam
The fraudulent scheme caused financial harm to vulnerable individuals by diverting government support funds intended for essential living expenses through deceptive social media ta...
Read Full Article →CEO wages are falling and golden parachutes have collapsed
Executive compensation in Australia is experiencing significant declines, reflecting broader economic challenges and potentially influencing corporate governance and financial stra...
Read Full Article →Live: US rates held steady as central bank cuts growth outlook
The Federal Reserve’s decision to maintain interest rates while lowering its growth forecast indicates a cautious approach to balancing economic stability with concerns about futur...
Read Full Article →Strickland cores 244m to extend high-grade Serbian gold-silver zones
Strickland Metals' recent drilling at the Serbian Shanac deposit revealed extensive mineralization over significant lengths, potentially enhancing the property's overall value and...
Read Full Article →Salaries of Australia's highest paid CEOs revealed
Top executives at Australia's biggest publicly traded firms earn salaries far exceeding typical worker pay, while compensation packages for those leaving their roles have decreased...
Read Full Article →Property tipped to peak in 2025-26, bring both pain and pleasure
Housing market forecasts suggest record valuations by 2025-26, potentially increasing challenges for new buyers while offering substantial financial gains for current property owne...
Read Full Article →Fight to the death: The world has to prepare for a Middle East energy storm
The ongoing Middle Eastern tensions could disrupt global energy supplies, potentially causing significant fluctuations in markets and impacting international economic stability mor...
Read Full Article →Trump’s trade war is starting to bite China’s economy
The ongoing trade conflict with the United States is beginning to affect China’s economic growth, revealing initial signs of strain despite stronger-than-anticipated resilience in...
Read Full Article →Historic wheat shipment ends CBH's 85-year export monopoly at WA port
The arrival of an independent grain shipment from Geraldton to Indonesia introduces new market dynamics, potentially lowering export expenses and increasing profit opportunities fo...
Read Full Article →ASX set to slide as Wall Street slumps; Oil prices rise; $A falls
The decline in US stock markets, influenced by escalating oil prices, is expected to negatively impact the Australian share market and contribute to a weakening of the national cur...
Read Full Article →Aussie golfers eye equal-biggest purse in LPGA history
The increase in prize money for this week’s Women’s PGA Championship highlights a significant boost in financial rewards, positioning the tournament among the highest-paying events...
Read Full Article →20 per cent rates rise to hit some North Queensland householders
Increasing land values in Townsville have led to significant council rate adjustments, resulting in notable financial impacts for both residential and commercial property owners ac...
Read Full Article →Australia's craft brewers hope to tap China's booming beer market
Australian craft breweries see potential for growth and increased revenue by expanding into China’s rapidly expanding beer industry amid shifting global trade dynamics caused by th...
Read Full Article →Live: Stocks fall as Trump's threats against Iran send oil prices surging
Rising oil prices driven by geopolitical tensions have prompted a decline in stock markets, reflected in Australia's exchange and a weakening Australian dollar against the US curre...
Read Full Article →Fears WA's main power grid 'slowly collapsing' as gas plant teeters on edge
The financial instability of a major gas-fired power facility in Western Australia raises concerns about potential disruptions that may impact the broader energy market and increas...
Read Full Article →Macquarie Group-backed private ATMs are helping fuel the illegal tobacco trade
Investments connected to Macquarie Group are generating substantial revenue by facilitating private ATM operations that indirectly support the nationwide market for illicit tobacco...
Read Full Article →The company with zero revenue that is worth $31 billion
A biotech firm focused on neurological therapies has seen its market value skyrocket to $31 billion despite having no sales, reflecting investor optimism about its future prospects...
Read Full Article →Empire/Beetaloo stimulates gas extraction at massive NT project
The initiation of hydraulic stimulation at the Carpentaria-5H well marks a critical operational milestone for Beetaloo Energy Australia, potentially enhancing its resource developm...
Read Full Article →FOMO has hit the housing market, and it’s just the beginning
Increased buyer urgency driven by market trends is influencing home prices to rise, potentially impacting affordability and prompting quicker purchasing decisions among prospective...
Read Full Article →Strickland ramps up Serbian gold assault with seventh drill rig
The addition of a seventh drill rig at the Rogozna project is expected to enhance Strickland Metals' exploration efficiency, potentially increasing resource estimates and long-term...
Read Full Article →Aurum fleshes out potential giant West African open-pit gold deposit
Aurum Resources' recent drilling results at the Boundiali project in Cote d’Ivoire indicate a promising gold concentration that could enhance the overall value and future revenue p...
Read Full Article →Javelin eyes hidden gold-copper trove in WA Eastern Goldfields
Javelin Minerals has identified multiple promising gold and copper targets in Western Australia’s Eastern Goldfields, potentially enhancing the company's asset value as exploration...
Read Full Article →Made in the US? Trump’s MAGA mobile is just another phoney deal
Despite claims of domestic production, the Trump family’s new phone is not manufactured in the United States, highlighting potential inconsistencies amid tariff threats against com...
Read Full Article →ASX set to edge up as Wall Street rebounds; $A jumps; Oil prices slide
Global equity markets showed modest gains amid easing geopolitical tensions, with the Australian dollar strengthening and energy commodities experiencing a decline after recent reg...
Read Full Article →Former premier to lead committee running troubled NSW Liberal Party
The extended federal oversight of the NSW Liberal Party aims to stabilize its operations and address financial challenges, potentially impacting fundraising and resource management...
Read Full Article →Trump family unveils gold ‘Made in America’ phone, mobile service
The launch of a new smartphone and service by the Trump family highlights their ongoing efforts to expand business ventures, potentially impacting their financial portfolio and mar...
Read Full Article →Victorian councils rip up roads they can't afford to fix
Several local governments in Victoria face budget constraints that limit their ability to maintain infrastructure, impacting service delivery despite efforts to manage costs over t...
Read Full Article →Trump family unveils gold Made in America phone, mobile service
The introduction of a new smartphone and mobile service by the Trump family represents a strategic move into the telecommunications sector, potentially impacting market competition...
Read Full Article →Union wants 'presumed' right to work from home, as Labor weighs new law
The ongoing debate over remote work rights could influence wage structures, potentially affecting overtime pay and penalty rates for employees who manage their own schedules outsid...
Read Full Article →Funding boost sees NSW biosecurity budget top $1b
The recent increase of $141.2 million in the allocated resources brings New South Wales' expenditure on biosecurity measures to over one billion dollars, reflecting a significant i...
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