Finance News – Australia
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The collateral damage from Monash IVF’s colossal embryo bungles
Monash IVF’s significant mistakes involving embryos could lead to financial losses for the company and potentially decrease trust and investment across the fertility services secto...
Read Full Article →WA political veteran Vince Catania takes the reins at Hastings
Vince Catania’s appointment as CEO is expected to enhance Hastings Technology Metals’ efforts to secure funding and successfully complete the development of its Yangibana rare eart...
Read Full Article →We are about to find out the cost of the Trump chaos
The recent inflation report has important implications for the economy, potentially influencing Federal Reserve decisions and affecting borrowing costs, consumer spending, and over...
Read Full Article →'Pretty nervous': Adelaide shipyard traders react to AUKUS review
The AUKUS review has prompted cautious responses from local traders who anticipate potential impacts on economic activity related to the submarine construction at the Adelaide ship...
Read Full Article →ASX set to rise, Wall Street rally stalls; Oil jumps
Despite gains nearing previous peaks in US equity markets, Australian shares are expected to increase while oil prices experience a notable surge, reflecting shifting dynamics in g...
Read Full Article →Fishers say high seafood prices the trade-off for more protected ocean
The federal government’s plan to restrict commercial fishing in vast ocean areas is expected to increase seafood costs for consumers, reflecting a balance between economic impact a...
Read Full Article →Rare earth magnet crisis creates an Australian opportunity
The ongoing trade tensions have highlighted Australia's potential role in supplying critical materials, offering financial benefits to local companies involved in rare earth magnet...
Read Full Article →Live: Oil prices leap on Middle East tensions, ASX set to rise
Rising crude values have notably impacted global markets, influencing stock exchanges differently as investors respond to geopolitical concerns and ongoing international trade disc...
Read Full Article →Class action alleges noise and odour pollution by small town's main employer
The lawsuit filed by Numurkah residents against GrainCorp Oilseeds could result in substantial compensation claims and potential financial liabilities for the company due to allege...
Read Full Article →Advance nails big gold-silver runs in Mexican drilling program
The recent drilling results at the Yoquivo project demonstrate promising high-grade mineralization, which could enhance the company's valuation and attract further investment inter...
Read Full Article →ASX Big Hits: Sunshine Metals, Variscan Mines & PVW Resources
Sunshine Metals’ gold discovery at 41 meters, along with significant drilling results from Variscan Mines and PVW Resources, has attracted investor attention due to their potential...
Read Full Article →Qantas to shut down Jetstar Asia, redeploy planes to Australia; 500 jobs to go
The decision to cease Jetstar Asia’s operations and reassign aircraft domestically is a strategic response to substantial anticipated losses and aims to optimize the airline’s over...
Read Full Article →Has Trump created an opportunity for the euro to displace the US dollar?
Ongoing trade tensions initiated by the United States have potentially increased the euro’s appeal in global markets, encouraging efforts to elevate its status as an alternative re...
Read Full Article →Families, businesses deal with burst sewerage pipe as market relocates
The recent sewer pipe failure in southern Perth has led to increased expenses for local residents and companies while prompting shifts in commercial activity within the affected ma...
Read Full Article →Historic Goldfields water pipeline set for $543 million upgrade
The $543 million enhancement of the Goldfields Water Supply Scheme will improve water delivery efficiency across 566 kilometers, potentially supporting regional growth and long-ter...
Read Full Article →Trump’s Treasury Secretary emerges as contender to run the Fed
Scott Bessent’s potential appointment as Federal Reserve chair could influence U.S. monetary policy decisions and impact financial markets, reflecting shifting preferences within e...
Read Full Article →ASX set to open above 8600 points amid bets on easing trade tensions
The Australian stock market is expected to rise as investors respond to positive developments in US-China negotiations, potentially influencing broader economic conditions and inve...
Read Full Article →US and China agree on a framework to resolve their trade disputes
The establishment of a mutual framework between the US and China aims to ease trade tensions, potentially impacting global markets and influencing tariffs and investment flows betw...
Read Full Article →Queensland government dumps zero-emissions vehicle goal set by Labor
The decision to eliminate the previous administration’s requirement for public service vehicles to be zero-emissions may impact future budget allocations related to vehicle purchas...
Read Full Article →Live: US shares gain on trade talk progress, ASX set to follow
Positive developments in trade discussions between the United States and China have contributed to a rise in US stock markets, with Australian shares expected to experience similar...
Read Full Article →Peter thought he owned his driveway until it was listed for auction
The unexpected presence of multiple bidders unexpectedly increased the driveway’s market value, highlighting how competitive bidding can significantly impact property prices even i...
Read Full Article →Copper smelter closure prompts fears industry will move offshore
The shutdown of a major copper processing facility in Queensland may lead to reduced domestic output and increased reliance on international sources, potentially impacting Australi...
Read Full Article →Global economy at weakest moment since 2008 Great Recession, World Bank says
Commodity-exporting countries are expected to experience reduced demand, while developing nations may endure prolonged recovery periods due to slower economic expansion influenced...
Read Full Article →It’s clear who has greater leverage in the trade talks. It’s not Trump
The shift from tariffs to export restrictions highlights the critical importance of a specific Chinese product to the US economy, underscoring China's stronger position in the ongo...
Read Full Article →'Rapacious profiteering' from health insurance industry blamed for closure of leading hospital
The shutdown of Toowong Private Hospital highlights concerns over soaring costs within the health insurance sector, which have strained financial resources and impacted the accessi...
Read Full Article →This man made $10.5 billion last year from keeping a close eye on Americans
Last year, the individual overseeing a company involved in gathering extensive data on U.S. citizens earned a substantial income exceeding ten billion dollars, highlighting the luc...
Read Full Article →ASX set to dip, Wall Street flat as US-China talks begin; $A stronger
Global markets showed limited movement as negotiations between the United States and China commenced, with potential implications for economic stability and currency fluctuations i...
Read Full Article →Billionaire's business woes sees hundreds of Australian workers sent home
Ongoing challenges in a major industrial group have led to temporary closures and operational pauses at several facilities, resulting in significant disruptions and financial uncer...
Read Full Article →Live: Markets await news on US-China trade talks
Investors remain cautious as they monitor ongoing negotiations between the US and China, anticipating potential impacts on global markets and financial conditions pending the outco...
Read Full Article →This airline is facing the ultimate makeover test
The airline's ongoing restructuring carries substantial financial implications as it seeks to improve profitability and market position amid evolving industry challenges and compet...
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