Finance News – Australia
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Court downplays scale of cattle industry losses after live export ban
The court’s decision suggests that the economic impact of the 2011 export restrictions on the cattle sector may be limited, potentially influencing the outcomes of numerous compens...
Read Full Article →Four charged with money laundering as $21m in assets seized
Authorities have confiscated assets worth $21 million and charged four individuals suspected of participating in a complex financial crime involving the illegal movement of funds a...
Read Full Article →Coffee prices up to $12 needed to make industry viable, supplier says
Experts indicate that due to ongoing tariffs and supply challenges, coffee costs must rise significantly to maintain production, potentially leading to higher prices for consumers...
Read Full Article →Xi plots next move in trade war with chips, tariffs at stake
Xi’s strategy in the ongoing trade dispute aims to secure economic benefits such as lower tariffs and relaxed export restrictions, which could positively influence market stability...
Read Full Article →Pubs and clubs sweat over TAB upgrade with big bucks at stake
Australia's major betting company is implementing a significant system update that will disrupt revenue streams for numerous pubs and clubs, potentially eliminating their earnings...
Read Full Article →GFG puts Whyalla port company into administration after 'severe impact' on revenue
The decision to enter administration reflects the financial strain on the company resulting from disrupted operations and unresolved ownership conflicts involving government action...
Read Full Article →The premier says WA is helping to reduce global emissions. Is there truth to this?
The extension of the North West Shelf Karratha project is expected to generate long-term revenue for WA while supporting international efforts to transition from coal to cleaner en...
Read Full Article →‘Betrayal’: She built a cult baby business, then RFK Jr came calling
Laura Modi’s rapid success with Bobbie, a brand known for its scientific approach to baby formula, faced financial challenges after her public support for the Trump administration...
Read Full Article →Demand for Aussie beef outweighs Trump tariffs
Despite imposed tariffs, Australian beef continues to generate strong export revenues by maintaining substantial sales in the U.S. market, indicating resilient economic value in th...
Read Full Article →ASX Runners of the Week: Eclipse, Bryah, Bastion & Codeifai
Eclipse Metals experienced a notable increase in its stock value following the announcement of an expanded rare earths deposit at its Greenland site, highlighting its potential imp...
Read Full Article →Dateline debuts on OTCQB market in US push for rare earth spotlight
Dateline Resources' recent listing on the OTCQB market highlights growing investor attention and potential capital opportunities linked to its rare earths and gold exploration near...
Read Full Article →The staggering amount of money Elon Musk lost in one day as Trump feud boils over
Elon Musk experienced a substantial decrease in his net worth during a highly visible dispute with President Donald Trump, highlighting the considerable financial impact of their o...
Read Full Article →Climate activists fined $10k each after Woodside stench gas media stunt
Three protesters were each required to pay a $10,000 penalty following their attempt to disrupt a corporate event by releasing a foul-smelling gas in central Perth.
Read Full Article →Retirement village residents facing 800pc rate hike accuse mayor of spying
Residents in the retirement community are concerned about the substantial increase in local government charges, which could significantly impact their financial stability and affor...
Read Full Article →ASX set to slip as Wall Street slides; Tesla takes $230 billion hit as Musk-Trump feud escalates
Investors grew cautious amid declining US markets ahead of the jobs report, with Tesla experiencing a substantial market value decrease linked to escalating tensions between its CE...
Read Full Article →Someone’s doing the heavy lifting – and it’s not the government (any more)
Private individuals and organizations are increasingly taking on financial responsibilities previously managed by the government, indicating a shift toward more diverse funding sou...
Read Full Article →Golden endorsement for Perth Mint two years after 'doping' scandal
Despite previous concerns about gold quality, Perth Mint continues to maintain a strong reputation globally, which supports ongoing investor confidence and potentially stabilizes i...
Read Full Article →Gold Coast residents slugged one-off $10 payment for cyclone clean-up
Residents of the Gold Coast faced an additional charge in their local rates to help fund the $50 million expenses associated with recovery efforts after the recent natural disaster...
Read Full Article →Scratchie scam offering $US240,000 prize 'too good to be true'
Consumer Protection WA highlights a rise in scratchie scams, resulting in significant losses totaling over $30,000 for several victims, emphasizing the importance of caution with o...
Read Full Article →Sale of small-town IGA sparks fears of duopoly and grocery price hikes
The recent transaction involving a local grocery store has created links among the three small supermarkets in Esperance, raising concerns among residents about potential increases...
Read Full Article →Australia could bargain over partial US beef ban in Trump tariff talks
Australia plans to use restricted access to its beef exports as leverage in discussions aimed at easing American tariffs and improving overall trade relations between the two count...
Read Full Article →Live: Albanese says he won't loosen biosecurity rules to secure US tariff exemption
Prime Minister Anthony Albanese emphasized that maintaining strict biosecurity measures remains a priority, despite potential economic impacts related to the ongoing negotiations o...
Read Full Article →Live: ASX set to slip after Trump-Musk feud triggers sell-off on Wall Street
The Australian stock market is expected to open lower as recent tensions between prominent figures contribute to investor uncertainty and prompt declines in major US indices overni...
Read Full Article →Concern housing proposal could see 'hodgepodge of unsatisfactory development'
The proposed planning rule changes in Canberra are expected to impact both individual homeowners and large developers financially by enabling increased housing density in suburban...
Read Full Article →CBA is now worth over $300 billion, but the experts are cautious
The recent increase in CBA’s market value to more than $300 billion highlights its strong financial position, although several analysts remain wary about the future performance of...
Read Full Article →Trump and Xi hold phone call 'focused almost entirely on trade'
The extended discussion between the two leaders highlighted key economic issues, potentially influencing global markets and bilateral trade policies between the United States and C...
Read Full Article →The $400 million sting that could snuff out Star for good
A potential $400 million penalty poses a serious financial challenge for the casino operator, jeopardizing the continued operation of its establishments in Queensland and New South...
Read Full Article →EU anoints Sarytogan graphite venture a strategic project
The EU’s designation of the Sarytogan graphite initiative as a strategic project highlights its potential economic importance and supports investment opportunities within Kazakhsta...
Read Full Article →Aguia phosphate outshines imports in Brazilian crop trials
Aguia Resources’ locally sourced phosphate demonstrated comparable crop yields to high-cost imported alternatives, potentially reducing fertilizer expenses and enhancing the econom...
Read Full Article →Advance Metals to chase further visible gold at Victorian play
Advance Metals' approval for an expanded drilling program at its Myrtleford project in Victoria could potentially enhance the company’s resource estimation and increase its overall...
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