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Five years ago it collapsed. Now Virgin Australia is back on the ASX
Virgin Australia’s recent stock market debut has generated significant capital, with its shares increasing approximately 8 percent and raising $439 million through the initial offe...
Read Full Article →NSW budget reveals $1b plan making it easier to build new homes
The NSW government’s commitment to secure pre-sales for thousands of apartments aims to improve developer financing, potentially resulting in the construction of a significant numb...
Read Full Article →Live: Oil price plunges after Iran does not target energy infrastructure
The recent de-escalation in the Middle East, marked by Iran avoiding energy targets, has eased market concerns, resulting in increased US futures and a notable decline in global cr...
Read Full Article →Iran is threatening an 'economic suicide bomb'. A desperate regime could set it off
Iran's potential aggressive economic measures in response to recent US actions may lead to severe market disruptions, significantly affecting global trade and financial stability.
Read Full Article →What's the Strait of Hormuz and how could a blockage impact fuel prices?
A potential obstruction in this key oil transit route may lead to increased fuel costs globally due to reduced supply and heightened market uncertainty by mid-August.
Read Full Article →Investors and government housing dominate Broome real estate
The presence of external investors and government-owned housing significantly influences Broome’s property market, affecting affordability and availability for local residents seek...
Read Full Article →'Investing for the lifestyle and beauty': Tasmanians lead rural investment
Tasmanians are currently driving significant growth in rural property investments, with purchasers like John Kelly recognizing diverse opportunities, while buyers from other region...
Read Full Article →Live: Global markets on edge after Iran attack as oil rises
Following heightened geopolitical tensions in the Middle East, global financial markets are expected to experience increased volatility, with energy prices climbing and regional ex...
Read Full Article →Queensland treasurer promises targeted cost-of-living relief in first budget
The upcoming budget will introduce specific measures aimed at easing expenses for residents, reflecting the government's approach to addressing economic challenges within Queenslan...
Read Full Article →Budget reveals WA oil and gas royalties in rapid decline
Revenue from Western Australia's major oil and gas projects has significantly decreased over the past three years, now accounting for a minimal portion of the state’s overall incom...
Read Full Article →The key roadblock to realising a locally made future for WA
Economic analysts recognize the government's forward-looking budget as important for regional development, yet emphasize that limited workforce availability may pose a significant...
Read Full Article →SA looks to regions for gas supply as market shortfall looms
The government's strategy to tap into regional gas sources aims to address supply deficits, potentially impacting investment opportunities while raising concerns among activists re...
Read Full Article →Parents celebrate $45m funding 'game changer' after birth trauma inquiry
The allocation of $45 million within an $83 million funding package is regarded by parents as a major advancement that could improve care and support for families affected by birth...
Read Full Article →Councils plead for relief as drought-fuelled rural debt mountain grows
Local governments are requesting state assistance to provide financial relief to rural communities in South Australia, where increasing drought conditions are causing significant e...
Read Full Article →Federal education minister refers concerns about ANU to regulator
The Australian National University aims to implement a restructuring plan intended to improve its financial stability by reducing expenses by $250 million within the next few years...
Read Full Article →Prospective buyers left 'angry' in efforts to enter Sydney housing market
As interest rates decline and housing demand increases, Sydney’s escalating property values pose greater financial challenges for potential buyers seeking affordable entry into the...
Read Full Article →The WA budget has a clear theme, and it's not cost-of-living relief
The recent budget prioritizes essential services and economic stability measures aimed at protecting Western Australia from international market fluctuations rather than focusing o...
Read Full Article →Live: ASX to drop at open, oil prices rise as Israel continues strikes on Iran
The Australian stock market is expected to decline at the start of trading amid a 3 percent increase in oil prices, influenced by escalating tensions between the US and Iran.
Read Full Article →Community's poorest lose MyGov payments in 'ingenious' charity scam
The fraudulent scheme caused financial harm to vulnerable individuals by diverting government support funds intended for essential living expenses through deceptive social media ta...
Read Full Article →Live: US rates held steady as central bank cuts growth outlook
The Federal Reserve’s decision to maintain interest rates while lowering its growth forecast indicates a cautious approach to balancing economic stability with concerns about futur...
Read Full Article →Salaries of Australia's highest paid CEOs revealed
Top executives at Australia's biggest publicly traded firms earn salaries far exceeding typical worker pay, while compensation packages for those leaving their roles have decreased...
Read Full Article →Property tipped to peak in 2025-26, bring both pain and pleasure
Housing market forecasts suggest record valuations by 2025-26, potentially increasing challenges for new buyers while offering substantial financial gains for current property owne...
Read Full Article →Historic wheat shipment ends CBH's 85-year export monopoly at WA port
The arrival of an independent grain shipment from Geraldton to Indonesia introduces new market dynamics, potentially lowering export expenses and increasing profit opportunities fo...
Read Full Article →Aussie golfers eye equal-biggest purse in LPGA history
The increase in prize money for this week’s Women’s PGA Championship highlights a significant boost in financial rewards, positioning the tournament among the highest-paying events...
Read Full Article →20 per cent rates rise to hit some North Queensland householders
Increasing land values in Townsville have led to significant council rate adjustments, resulting in notable financial impacts for both residential and commercial property owners ac...
Read Full Article →Australia's craft brewers hope to tap China's booming beer market
Australian craft breweries see potential for growth and increased revenue by expanding into China’s rapidly expanding beer industry amid shifting global trade dynamics caused by th...
Read Full Article →Live: Stocks fall as Trump's threats against Iran send oil prices surging
Rising oil prices driven by geopolitical tensions have prompted a decline in stock markets, reflected in Australia's exchange and a weakening Australian dollar against the US curre...
Read Full Article →Fears WA's main power grid 'slowly collapsing' as gas plant teeters on edge
The financial instability of a major gas-fired power facility in Western Australia raises concerns about potential disruptions that may impact the broader energy market and increas...
Read Full Article →Macquarie Group-backed private ATMs are helping fuel the illegal tobacco trade
Investments connected to Macquarie Group are generating substantial revenue by facilitating private ATM operations that indirectly support the nationwide market for illicit tobacco...
Read Full Article →Former premier to lead committee running troubled NSW Liberal Party
The extended federal oversight of the NSW Liberal Party aims to stabilize its operations and address financial challenges, potentially impacting fundraising and resource management...
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