Finance News – Australia
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UK unveils radical defence overhaul as Starmer eyes Russian threat
The proposed defence changes signal a potential increase in military expenditure that could impact the UK’s budget priorities and economic planning, although specific funding timel...
Read Full Article →House price rises were meant to ease. So what’s happened?
Despite expectations of slowing growth, property values in Australia have continued to increase, challenging previous forecasts and impacting affordability for many potential homeb...
Read Full Article →Why did Trump double his steel tariffs? Because he could
By increasing steel tariffs, the president aimed to demonstrate continued authority over trade policies while providing rationale for reversing a previously agreed $15 billion stee...
Read Full Article →Trump hates it, but ‘TACO’ is the secret to his resilience
The investment strategy associated with avoiding certain risks has played a crucial role in maintaining Donald Trump’s financial stability despite his public opposition to it.
Read Full Article →ASX set to edge up, Wall Street treads water
Australian shares are expected to experience slight gains as US markets remain steady after mixed earnings results from major retailers impacted by fluctuating trade policies and t...
Read Full Article →Live: Wall St ends flat after volatile session, ASX set for slight gain
Despite fluctuating trade tensions causing market instability, major U.S. stock indices finished unchanged while the Australian Securities Exchange is anticipated to open with a mo...
Read Full Article →Tasmanian abalone industry reeling as demand and export prices plunge
The Tasmanian abalone sector faces financial challenges due to increased competition from Chinese farmed abalone, leading to reduced export earnings and a decline in market share f...
Read Full Article →‘Dairy shortages, no ifs or buts’: Milk and butter prices to rise as farmers tread water
The increased expenses farmers face due to ongoing climate challenges are likely to result in higher costs for dairy products, impacting overall grocery prices for consumers.
Read Full Article →How to make the most of the interest rate cut? Get a room
Following the recent reduction in the Reserve Bank’s interest rate, leisure travel bookings at a major Australian hotel chain increased significantly, indicating a positive impact...
Read Full Article →The range of EVs is surging, but certain fears are holding back sales
The limited availability of pre-owned electric vehicles is causing uncertainty among buyers, which may impact overall market growth and consumer willingness to invest in new electr...
Read Full Article →More headaches ahead for WA government after North West Shelf call
The decision regarding the North West Shelf presents ongoing financial challenges for Western Australia's government as they navigate economic responsibilities alongside increasing...
Read Full Article →Trump says he plans to double steel tariffs to 50pc
The proposed increase in import duties on steel to half the value of shipments aims to enhance domestic industry protection and could impact trade relations and market prices.
Read Full Article →Is Victoria's largest gold mine a good corporate citizen or bad neighbour?
The state government’s approval of the expansion highlights the gold mine’s role in generating economic benefits, though it raises concerns about balancing financial gain with comm...
Read Full Article →Global brands plan to spread tariff price hikes beyond the US
International companies impacted by recent trade measures are considering raising costs in multiple regions, potentially leading to increased expenses for consumers outside the Uni...
Read Full Article →ASX Runners of the Week: Eden, Focus Minerals, InFocus & Dateline
Eden Innovations’ entry into the clean high-rise building market and its announcement of record sales highlight its growing financial impact within the ASX this week.
Read Full Article →Trump says China 'totally violated' tariff pact with US
The recent statement regarding disagreements over trade commitments highlights ongoing challenges that could impact the economic relationship and financial exchanges between the tw...
Read Full Article →Marles open to defence spending hike after meeting Pentagon chief Hegseth
Following discussions with key U.S. officials, Australia is considering increasing its military budget beyond current projections to further align with international expectations a...
Read Full Article →Rail unions strike pay rise in deal to bring an end to industrial action
The agreement between NSW rail unions and the state government includes a 12 percent salary increase over three years and retroactive payments, impacting workforce compensation and...
Read Full Article →Bitcoin Beach: How a small seaside town became cryptocurrency ground zero
The introduction of cryptocurrency initiatives in the small coastal community has attracted investment and economic activity, significantly altering the financial landscape and opp...
Read Full Article →White House 'full of lunatics', says economist ahead of tariff showdown
The upcoming decisions on tariffs by the U.S. administration have significant implications for global financial markets, potentially affecting trade dynamics and economic stability...
Read Full Article →ASX set to slide, Wall Street’s rally loses steam as tariff uncertainty swirls; Nvidia jumps
The recent boost in global equity markets weakened as concerns over upcoming trade policies affected investor confidence, leading to mixed movements across major indices while cert...
Read Full Article →Victorian government backs down on emergency services levy for farmers
The Victorian government will limit the amount farmers pay for the Emergency Services and Volunteers Fund by maintaining the levy at last year’s rate for all primary production pro...
Read Full Article →Governments doubling down on gas as 2029 shortfall warning looms
The potential reintroduction of a gas reservation policy indicates governmental efforts to secure supply, which could impact investment strategies and market dynamics within Austra...
Read Full Article →Trump's lost control of his tariff see-saw, making his aims even harder
The ongoing legal disputes over the continuously shifting import taxes pose challenges for the administration’s economic strategy, potentially affecting trade policy while navigati...
Read Full Article →Tennant Creek hopes mine marks return to 'gold capital of Australia'
The reopening of the Nobles Nob gold mine in the Northern Territory is expected to contribute to the local economy by generating jobs and increasing investment in the mining sector...
Read Full Article →Live: Tariff appeal ruling fails to dent US share gains
Despite the recent court decision reinstating tariffs, investors responded positively, leading to continued growth in U.S. equities and reflecting market resilience amid ongoing tr...
Read Full Article →Traditional owners eye next battle in fight against North West Shelf
The ongoing opposition by traditional owners and environmentalists to key gas projects could impact future investments and operations in Western Australia’s energy sector, influenc...
Read Full Article →Hot Chili finds potential Chilean monster copper-gold porphyry cluster
The discovery at La Verde in Chile could represent a large-scale copper and gold mineralization zone, potentially impacting future exploration investments and regional resource dev...
Read Full Article →Gas is no longer a dirty word for Labor. Should it be?
The recent endorsement of the North West Shelf project indicates a shift in policy, potentially impacting investments and revenues within the energy sector by promoting continued d...
Read Full Article →As Musk exited the White House with a grenade, a ‘nasty’ surprise awaited Trump
Investors are closely monitoring recent developments in trade policies, as shifts in approach may impact global markets and economic stability despite public assertions of progress...
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