Finance News – Australia
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ASX set for gains as Wall Street rises on jobs surprise
The positive employment data indicating a robust US labor market contributed to increased investor confidence, leading to higher stock prices in both American and Australian equity...
Read Full Article →Chemist Warehouse billionaires buy up big in Mosman
Following their recent substantial earnings from the stock market debut, Jack Gance and Mario Verrocchi are expanding their considerable real estate investments in the Mosman area.
Read Full Article →Live: Qantas CEO breaks silence on cyber attack, ASX set to rise after Wall St rally
The recent cyber incident involving Qantas has raised concerns about operational costs, while optimism from record gains on Wall Street is likely contributing to a positive start f...
Read Full Article →Minister argues backing out of $34b project would fail a growing city
The $34 billion suburban rail project is financially important because it supports urban growth and requires secured funding commitments from both the Commonwealth and private deve...
Read Full Article →How Indonesia is trying to get a better tariff deal with the US than Vietnam
Indonesia aims to secure a favorable trade agreement with the United States valued at $52.3 billion to minimize upcoming tariff increases and enhance economic cooperation compared...
Read Full Article →I was all for smart trolleys at the supermarket - until they made me feel dumb
The integration of digital features in shopping carts could influence consumer spending habits, potentially increasing overall expenses despite the promise of enhanced savings thro...
Read Full Article →Board should consider clawing back childcare CEO bonus, shareholders say
Shareholders are urging the board to reevaluate executive compensation due to growing concerns about governance and ethical issues, highlighting potential financial risks affecting...
Read Full Article →Relentless push for profit is failing our kids
The increasing focus on maximizing earnings in childcare raises concerns about maintaining quality standards essential for the healthy development and well-being of children nation...
Read Full Article →Calls for rethink on childcare CEO bonuses after abuse allegations
The recent allegations have prompted investors to challenge executive compensation and governance practices within the for-profit childcare company, reflecting increased concerns a...
Read Full Article →Advance hits more visible gold at high-grade Victorian project
The discovery of additional gold in several areas at the high-grade Victorian site could potentially enhance the project's value and attract increased investment interest.
Read Full Article →Trump’s $942 million windfall reshapes his fortune
Donald Trump's recent substantial gain marks a notable transformation in his family's wealth management, highlighting an accelerated potential for financial growth leveraging their...
Read Full Article →ASX set to fall, Wall Street sets record as Tesla, Nike rally; Microsoft cuts 9000 jobs
Global markets show mixed signals as major US companies experience gains and layoffs, while investors await key employment data that could influence trade policy and economic outlo...
Read Full Article →'Awful': Amelia's in an ANU redundancy pool with two close colleagues
The Australian National University plans to reduce its workforce, including several academic and professional employees, as a cost-saving measure aimed at achieving $250 million in...
Read Full Article →Chinese electric car giant races ahead of Tesla in Australia
The increasing sales of Shenzhen-based BYD’s electric vehicles in Australia indicate a notable shift in market dynamics, potentially impacting Tesla’s revenue and competitive posit...
Read Full Article →Live: Microsoft axing jobs in Australia, while Wall Street rises on Trump-Vietnam trade deal
Microsoft’s decision to reduce its global staff by four percent, including roles in Australia, highlights ongoing corporate cost adjustments amid evolving international trade devel...
Read Full Article →Scam victim loses home deposit to a security flaw that banks are now targeting
A security vulnerability led to a significant financial loss for an individual, prompting banks to implement measures that alert customers about discrepancies between payment recip...
Read Full Article →Latitude 66 offloads Qld copper for $2M upfront and future upside
Latitude 66 received an initial payment of $2 million for its minority interest in the Queensland copper-gold joint venture, with potential additional earnings of up to $4 million...
Read Full Article →Domino’s is hunting for a new global CEO – again
The continued changes in Domino’s top leadership have raised concerns among stakeholders about the company’s future direction and potential impacts on its financial performance and...
Read Full Article →Marmota to kick off its first drilling program at new SA gold target
Marmota’s upcoming drilling initiative in South Australia’s Gawler Craton marks a significant investment aimed at exploring and potentially enhancing the value of its newly acquire...
Read Full Article →'Catastrophic failure' led to fire that shut Heathrow Airport, report finds
The unexpected shutdown of Heathrow Airport on March 21 disrupted global travel schedules and resulted in significant financial losses for airlines due to widespread cancellations...
Read Full Article →ASX set to rise as Wall Street’s winning streak ends; Tesla tumbles as Musk reignites Trump feud
The slowing momentum in US markets following recent record highs has led to a mixed trading session, potentially influencing investor confidence and impacting international financi...
Read Full Article →'Forthright defiance of the law': Woodside stench gas activists sentenced
The sentencing of three environmental activists for releasing a foul gas at Woodside Energy’s headquarters highlights the financial risks companies face from protests that disrupt...
Read Full Article →Remote retailers facing 'collapse' amid Centrepay crackdown
Several remote merchants anticipate financial difficulties and potential shutdowns due to increased regulations on a government payment program linked to concerns about the exploit...
Read Full Article →Live: Qantas warns of 'significant' data breach from cyber incident
The recent cyber attack on Qantas, which compromised sensitive information of millions, could potentially result in substantial financial losses due to legal consequences, reputati...
Read Full Article →Rental investor numbers fall for third time since records began, ATO data shows
The decrease in individuals reporting rental earnings for 2022-23 marks a rare decline in investment activity, potentially affecting housing market dynamics and tax revenue generat...
Read Full Article →Liberal leaders distance themselves from Hemmes as Merivale faces investigation
The ongoing investigation into Merivale may impact investor confidence and market stability due to potential reputational risks associated with key figures linked to the company’s...
Read Full Article →Dateline survey mirrors nearby giant US Mountain Pass rare earths mine
The recent survey at Dateline Resources’ Colosseum project indicates potential valuable mineral deposits similar to those found at the neighboring large-scale Mountain Pass mine, s...
Read Full Article →Critica taps rare earths expert Jacob Deysel as new CEO
The appointment of experienced mining executive Jacob Deysel as CEO is expected to accelerate the advancement of Critica Limited’s substantial rare earths deposit, potentially enha...
Read Full Article →Auric snaps up key WA Munda assets in $1.4M WIN Metals deal
Auric Mining's acquisition of nickel rights, water access, and camp facilities from WIN Metals for $1.4 million enhances its operational capabilities and supports future developmen...
Read Full Article →Man on trial for allegedly stealing from quadriplegic friend
The case highlights the serious financial impact on a vulnerable individual who experienced significant emotional distress after discovering his funds were reportedly taken by some...
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