Finance News – Australia
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ASX set for flat start, Wall Street rally stalls; $A jumps
Asian markets are expected to open largely unchanged while gains in US equities slow down, and the Australian dollar strengthens amid mixed economic signals from the United States.
Read Full Article →NSW workers' comp reforms delayed after Liberals side with unions
The postponement of the proposed changes to workers’ compensation in New South Wales may impact financial liabilities and claims processing, affecting both employer costs and compe...
Read Full Article →'Tip of the iceberg': First round of job cuts announced by ANU
The Australian National University has initiated initial staff reductions as part of a broader effort to address its substantial budget shortfall and achieve $250 million in saving...
Read Full Article →Why is Gen Z obsessed with blind boxes?
The blind-box industry generates billions annually by leveraging dedicated consumer bases, strategic promotional efforts, and social media engagement to maintain strong sales and m...
Read Full Article →The family feud over a $2.6 billion New York property empire
The prolonged dispute among relatives regarding the extensive real estate holdings in Manhattan highlights the considerable economic impact and value associated with the multi-bill...
Read Full Article →Trump spruiks his 'success' since inauguration as steel tariffs take effect
The implementation of heightened duties on imported steel and aluminium is expected to impact trade balances and manufacturing expenses across various industries in the United Stat...
Read Full Article →Finance broker to make NRL debut after almost 70 reserve grade matches
The finance broker’s upcoming NRL debut highlights a transition from managing financial matters to contributing athletically, underscoring the broader impact sports professionals c...
Read Full Article →Live: Aussie dollar rises above 65 US cents, RBA rate cut predicted for July
The Australian currency's recent strength against the US dollar coincides with forecasts of a possible interest rate reduction, while declining mining exploration investment may im...
Read Full Article →Australia and EU revive trade talks but agriculture still a sticking point
Renewed negotiations between Australia and the European Union aim to enhance economic stability amid global shifts, though disagreements over agricultural policies continue to infl...
Read Full Article →Qld government grants to help Red Metal drill big copper-gold targets
The Queensland Government's $400,000 funding aims to support Red Metal in advancing exploration activities for substantial copper and gold deposits within its Queensland projects.
Read Full Article →Trump’s stupid obsession will unleash pain on America
The recent OECD projection indicates that America is likely to experience more severe economic challenges compared to other countries due to ongoing trade conflicts initiated under...
Read Full Article →Virgin Australia gets $685 million IPO ready for lift-off
Virgin Australia is preparing to raise $685 million through an initial public offering, marking its return to the Australian stock market after a hiatus of over four years and inte...
Read Full Article →South Korea's new president has 'a hard line to walk' between US, China
Lee Jae-myung’s administration must navigate complex international relationships that could impact trade flows, investment decisions, and economic stability amid shifting alliances...
Read Full Article →ASX set to rise as Wall Street moves higher; Meta signs nuclear deal
Global markets showed positive momentum influenced by gains in US equities, while Meta's new agreement in the energy sector highlights ongoing corporate investments amid economic u...
Read Full Article →Job losses flow down the line from troubled SA steelworks
The administration of Whyalla's steelworks has led to widespread economic challenges, causing several related companies to reduce their workforce due to decreased demand and financ...
Read Full Article →Weak GDP gives RBA green light for another interest rate cut in July
The recent slowdown in economic growth increases the likelihood of a reduction in borrowing costs, potentially easing financial pressure for consumers and businesses in the upcomin...
Read Full Article →Farmers urge gardeners to check tomato plants as virus plans scrapped
Farmers warn that if the tomato virus spreads unchecked, the agricultural sector could face substantial economic damage, potentially impacting both commercial growers and home gard...
Read Full Article →Indian legend in tears as Bengaluru finally break IPL hoodoo
Bengaluru's victory in the IPL final not only ends their long streak of near misses but also boosts the franchise's market value and opens new revenue opportunities through sponsor...
Read Full Article →Live: ASX to rise ahead of first-quarter GDP data release
Investors are anticipating a boost in Australian share prices influenced by gains in US markets, as upcoming economic data on quarterly growth is scheduled to be announced later th...
Read Full Article →‘Highly inefficient’: How super fund’s death claims backlog ballooned from 700 to 4800
The accumulation of unresolved death benefit claims at the super fund has created significant delays, potentially affecting beneficiaries' timely access to their entitled financial...
Read Full Article →Depositors beware: Crypto ATMs are the newest way to scam you
The rapid increase in cryptocurrency ATM installations has attracted criminal groups, raising concerns about potential financial risks for users who may unknowingly become victims...
Read Full Article →Strickland boosts Serbian prospect with further thick gold hit
Strickland Metals has enhanced the value of its Gradina site within the Rogozna project due to a substantial gold intersection measuring 62.7 meters with an average grade of 3.5 gr...
Read Full Article →ASX set to rise, Wall Street advances; $A jumps; oil surges
Global markets showed positive momentum with rising shares in the United States, a strengthening Australian dollar, and increased oil prices, reflecting investor confidence and pot...
Read Full Article →Trump tariff uncertainty brings weaker outlook for Australia, RBA official says
An official from the Reserve Bank of Australia indicated that although direct effects of recent U.S. trade policies may be limited, broader international economic uncertainty could...
Read Full Article →Farmers battling drought call for low-interest loans 'not a handout'
South Australian farmers affected by drought seek reduced loan interest rates to manage operational costs and sustain their businesses, emphasizing financial support rather than ou...
Read Full Article →Vanuatu to look at stripping Andrew Tate's 'golden passport'
Vanuatu's citizenship-by-investment program generates substantial revenue but faces criticism for potentially enabling wealthy and high-risk individuals to obtain legal residency t...
Read Full Article →Paid CFA firefighters start work bans after failed pay negotiations
The ongoing work restrictions by CFA firefighters in regional Victoria, resulting from unsuccessful salary discussions, are expected to have financial implications for local govern...
Read Full Article →Live: Millions await minimum wage decision, with impact on consumer spending and interest rates
The upcoming determination regarding wage levels is expected to influence household expenditures and may also affect borrowing costs within the broader economy.
Read Full Article →Higher recovery rates boost Sarytogan Kazakh graphite marketability
Achieving concentrate grades above 90% in initial testing enhances the economic potential of the Sarytogan graphite deposit by improving product quality and attracting more competi...
Read Full Article →US share price rockets as Dateline stacks up rare earths-gold system
The dramatic increase in Dateline Resources’ stock value reflects investor optimism about the potential economic impact of its large-scale mineral discovery in California.
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