Finance News – Australia
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'Horrendously expensive' interstate shipping denies farmers lifeline
High costs associated with domestic sea freight create significant barriers for farmers in drought-affected regions, making it more economical to export grain internationally than...
Read Full Article →Live: First Trump tariff deal boosts US shares but ASX set for flat start
The recent trade agreement between the US and the UK has contributed to a rise in American stock markets, while Australian shares are expected to open with little change.
Read Full Article →US and UK strike deal as Trump slashes tariffs on British steel, cars
The agreement between the US and UK marks a key shift in trade policy, potentially lowering costs for manufacturers and consumers by easing previously imposed duties on steel and a...
Read Full Article →Australia’s biggest gas company roasted for going soft on emissions
Several major investors expressed concern at Woodside’s annual meeting over the company’s approach to emissions, highlighting potential risks that could impact its financial perfor...
Read Full Article →‘Better to be boring’: The secret to this long-serving bank boss’ success
Shayne Elliott emphasizes that maintaining steady performance and preparing for increased market fluctuations are crucial factors contributing to the sustained financial stability...
Read Full Article →Strickland eyes Serbian gold-base metal resource lift after big hits
Strickland’s discovery of a substantial mineralized zone at the Shanac site indicates promising growth prospects that could enhance the overall value of its extensive Serbian gold...
Read Full Article →Tennant uncovers look-alike Top End copper-gold target
The discovery at Bluebird East could potentially enhance Tennant Minerals’ resource base, attracting investment and increasing the company’s valuation due to similarities with an e...
Read Full Article →The Trump iceberg has struck China. America is bracing for it
The ongoing trade tensions initiated by former President Trump have begun impacting China's economy, prompting responsive measures, while the United States is preparing for potenti...
Read Full Article →ASX set to edge up, Fed keeps rates on hold; ANZ posts $3.6b profit, Transurban to cut 300 jobs
Following the Federal Reserve’s decision to maintain interest rates, major Australian companies reported strong earnings and announced workforce reductions, reflecting cautious opt...
Read Full Article →Swiss tariff crisis meeting between China and US may come to naught
The potential meeting between China and the US in Switzerland holds considerable financial importance, as it could influence global markets by addressing ongoing trade tensions and...
Read Full Article →Macquarie Bank's dodgy trading may be 'tip of the iceberg' for industry
Multiple insiders have indicated to the ABC that unethical trading practices are commonly used across the sector to enhance profits, suggesting deeper systemic issues within financ...
Read Full Article →ANZ profit rises as NAB boss tips rate cuts and housing boom
Major financial institutions reported varied earnings this quarter, with one key executive anticipating that lower borrowing costs will support ongoing growth in the property marke...
Read Full Article →Nepotism, financial misconduct claims rock Aboriginal land council
Allegations of improper conduct and financial irregularities within a New South Wales land council have raised concerns about the management of funds and prompted calls for closer...
Read Full Article →Live: ASX set to rise after gains on Wall Street; US Federal Reserve holds rates
Following positive momentum from US markets and the Federal Reserve's decision to maintain current interest rates, the Australian stock exchange is expected to experience an upward...
Read Full Article →Australia's best sports rights in the hands of a Soviet-born, former oil tycoon
Len Blavatnik’s acquisition of major Australian sports broadcasting rights marks a significant investment influenced by international financial backing and political complexities,...
Read Full Article →Buying a house is hard now but it could get much worse
Rising interest rates may significantly increase housing costs, potentially causing property prices to climb sharply before the end of the year, impacting affordability for many bu...
Read Full Article →Marmota inks $1M deal to divest South Australian copper project
Marmota secured a $1 million agreement to transfer ownership of its copper assets in South Australia, allowing the company to reallocate capital toward advancing its gold and titan...
Read Full Article →Macarthur exits Canadian junior bourse to go all-in on ASX listing
Macarthur Minerals’ decision to leave the Canadian market aims to reduce expenses, access a larger local investor pool, and improve trading activity to support its Western Australi...
Read Full Article →Aguia fires up gold processing at high-grade Colombian mine
Aguia is gradually increasing ore extraction at its Colombian Santa Barbara site and initiating drilling activities aimed at enhancing gold output, which could positively impact th...
Read Full Article →Rates tipped to tumble, Trump-triggered uncertainty to hang around ‘for a while yet’
The lender indicated that upcoming financial fluctuations are likely, reflecting ongoing economic uncertainty linked to recent political developments, which may impact market condi...
Read Full Article →Piastri factor puts heat on Formula 1 TV rights race
Nine's potential acquisition of Formula 1 broadcast rights for Stan Sport could significantly influence bidding dynamics and reshape revenue opportunities within the competitive sp...
Read Full Article →ASX set to fall, Trump tariff uncertainty hurts Wall Street giants; Aussie dollar rises; NAB results...
The decline in US markets, influenced by tariff-related uncertainties and reduced enthusiasm for AI stocks, contrasts with the Australian dollar's increase and upcoming financial r...
Read Full Article →Shattered workers fear for town's future amid cheese factory closure
The impending shutdown of a major local cheese production facility is expected to result in significant employment reductions, potentially impacting the economic stability of the s...
Read Full Article →Relief felt by Australians as cost of crude oil drops to four year low
The recent decline in crude oil prices is expected to reduce expenses for Australian consumers by lowering fuel costs and potentially decreasing the prices of various goods and ser...
Read Full Article →Breaking: ASIC takes action against Macquarie for 'significant' failures
The regulatory authority imposed new license restrictions on Macquarie due to numerous breaches, potentially impacting the firm’s financial operations and investor confidence in th...
Read Full Article →Live: NAB profit falls 2.5pc, ASX to slip on lack of progress with Trump trade deals
National Australia Bank reported a slight decline in its half-year earnings, while the Australian stock market is expected to weaken amid concerns over stalled trade discussions in...
Read Full Article →It's housing vs the environment in this long-running battle south of Perth
The ongoing conflict south of Perth highlights the challenge of balancing economic development through increased housing availability with the preservation of vital ecosystems supp...
Read Full Article →Larvotto study signals huge $694M earn for NSW gold-antimony mine
The detailed feasibility study of Larvotto Resources’ Hillgrove project in New South Wales estimates a substantial net present value of $694 million, with expected annual earnings...
Read Full Article →Now it’s Hollywood’s turn for a Trump scorching
If the newly proposed tariffs negatively impact the entertainment sector as anticipated, any recent efforts to revive Hollywood’s economic performance may only provide limited or t...
Read Full Article →Flagship drill data review highlights Chilean gold scale potential
The recent analysis of drilling results suggests that the Pantanillo project in northern Chile may substantially increase gold resources, potentially enhancing the company's valuat...
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