Finance News – Australia
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Trade wars and AI drive demand for critical mineral unearthed in WA
The growing need for advanced technology, coupled with global economic tensions, is anticipated to significantly increase the market value and extraction of gallium, a key componen...
Read Full Article →Hefty cost for business after Yorke Peninsula's 24-hour blackout
The recent 24-hour power outage affecting thousands of properties on Yorke Peninsula has led many local businesses to face significant unprotected financial losses, highlighting th...
Read Full Article →SES members hope controversial funding path will pass
The proposed legislation to generate revenue for Victoria's emergency services via a new levy is anticipated to be reconsidered in parliament following a recent postponement.
Read Full Article →Live: Tech stocks continue to gain but Wall St ends mixed
Major technology firms helped push overall market gains during US trading, although the broader Wall Street indices closed with varied results, while Australian futures suggest a p...
Read Full Article →Should government pay for business woes over Sydney's light rail?
The High Court case involving Sydney businesses and Transport for NSW may influence future policies on government compensation for economic losses linked to major infrastructure pr...
Read Full Article →Star greenlit to drill WA gold play ahead of toll treatment decision
Star Minerals plans to begin additional drilling at its Western Australia gold project to enhance resource reliability, aiming to generate revenue promptly through a toll treatment...
Read Full Article →Strickland beefs up management as Serbian gold mine looms
Strickland Metals is enhancing its leadership team and advancing preparations at its Serbian mineral site, positioning itself for potential production that could impact its future...
Read Full Article →A frustrated corporate watchdog is out for blood at Macquarie
ASIC's move to challenge Macquarie in the Supreme Court over disputed short sale reports highlights increased regulatory scrutiny that could impact the firm’s financial reputation...
Read Full Article →‘We’re changing travel again’: Airbnb unveils curated experiences and in-house services
By introducing tailored activities and verified expert services, the company aims to increase its revenue streams beyond traditional lodging, enhancing overall profitability in the...
Read Full Article →Aguia set for second cashflow stream by mid-year
Aguia Resources is expected to generate additional revenue by mid-year through initial phosphate sales in Brazil, while simultaneously increasing output from its gold operations in...
Read Full Article →US inflation is the calm before Trump’s tariff storm
The recent stabilization of price increases indicated economic balance, but the introduction of tariffs by the administration created uncertainty that could impact trade costs and...
Read Full Article →Trump put you off the US? United Airlines wants to woo you back with luxury
United Airlines is increasing its premium seating options to attract travelers reconsidering US visits, aiming to compete more effectively with international carriers and capture a...
Read Full Article →Aureka jags gold from first drilling at Stawell western flank
The initial drilling results at the western edge of the Irvine project suggest the presence of gold, potentially enhancing Aureka Limited’s resource base and future economic prospe...
Read Full Article →Judge fines gold mining company for 'mercenary' drilling at sacred site
The company faced a $160,000 penalty due to unauthorized mineral exploration activities at a culturally important location, highlighting financial risks associated with regulatory...
Read Full Article →CBA profits rise, chief says Australia can navigate ‘heightened’ global risks
The bank reported a significant increase in earnings during the March quarter, while its leader expressed confidence in the country's ability to manage ongoing international econom...
Read Full Article →Tesla’s Australian chair made $306 million as profits fell
Despite a notable decrease in company earnings and stock value, Tesla’s Australian board leader earned a substantial amount from her holdings during this period.
Read Full Article →ASX set to rise, Wall Street climbs on inflation surprise; AI stocks jump on Saudi deal; Microsoft c...
Global markets experienced gains as easing inflation boosted investor confidence, while technology shares surged due to new partnerships, despite some major companies announcing wo...
Read Full Article →Breaking: Macquarie sued for allegedly misreporting millions of short sales
The legal action against Macquarie could potentially impact its financial standing and investor confidence due to allegations of incorrect reporting related to extensive short sell...
Read Full Article →Live: ASX to rise, US-China trade relief sparks Nasdaq tech surge
Investor confidence strengthened due to easing trade tensions between the US and China, encouraging gains in Australian stocks and technology companies, despite ongoing concerns ov...
Read Full Article →Woodside's new Browse Basin gas plan explained
Woodside’s updated Browse Basin project, currently under public review, aims to balance development with environmental concerns, potentially influencing future regional energy inve...
Read Full Article →High grade gold hits continue for Aurum in West Africa
Aurum Resources’ recent discoveries of exceptionally rich gold deposits at the Boundiali Project in Côte d’Ivoire could substantially enhance the company's market value and future...
Read Full Article →Why the trade truce just failed to rock our world
The recent trade agreement had limited impact on Australia's stock market, resulting in minimal changes to investor sentiment and financial performance despite initial expectations...
Read Full Article →Dateline cashes in Fiji copper to fast-track US gold-REE project
Dateline Resources has raised $4.35 million by divesting its copper asset in Fiji, enabling accelerated exploration and development of its gold and rare earth elements projects in...
Read Full Article →Auric fires up mining fleet at newest WA gold mine
Auric Mining has commenced operations at its new gold site in Western Australia, aiming to produce approximately 6,100 ounces of gold within the first five months, potentially boos...
Read Full Article →Don’t break out the champagne: The trade war truce is just a reprieve
The recent agreement between the US and China temporarily eases tensions, providing short-term market relief while leaving fundamental trade issues unresolved, which could affect f...
Read Full Article →ASX set to jump, Wall Street soars after US-China trade war truce
Global stock markets experienced notable gains as investors reacted positively to the temporary easing of trade tensions between the United States and China, signaling potential ec...
Read Full Article →Whyalla steelworks port ownership dispute triggers law change
The government’s clarification of ownership aims to resolve conflicts impacting operations and investments at the Whyalla port, which is critical for the region’s economic and indu...
Read Full Article →Live: US-China tariffs 'deal' spurs stock surge, Australian futures tip lift
The agreement between the United States and China involving reduced tariffs has positively influenced stock prices in the US, while market indicators point to potential gains in Au...
Read Full Article →Natural disasters leave NSW councils facing $3.4b road repair bill
Severe weather events have caused extensive damage to road infrastructure in NSW, resulting in substantial repair costs that are challenging for financially constrained local counc...
Read Full Article →Marmota pumps the pedal on SA gold play
Marmota Ltd aims to accelerate development of its South African gold project following promising metallurgical findings, potentially enhancing the company’s value amid rising gold...
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