Finance News – Australia
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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 →ASX Runners of the Week: Amplia, archTIS and Vanadium Resources
Amplia Therapeutics’ recent announcement of promising pancreatic cancer treatment results has attracted investor interest, potentially influencing its stock performance alongside o...
Read Full Article →Advance drilling program aims to extend high-grade Victorian gold
Advance Metals' renewed drilling efforts at the Myrtleford site are intended to explore deeper mineralization, potentially increasing the project's overall gold resource and impact...
Read Full Article →Nine unveils management shake-up in TV, Stan
The restructuring aims to streamline operations across Nine’s television and streaming divisions, potentially improving efficiency and enhancing revenue generation in a competitive...
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 →ASX set to slide, global markets fall on Middle East tensions; Oil rises
Rising geopolitical conflicts in the Middle East have unsettled investors worldwide, causing declines in major stock indexes while energy prices increased due to concerns about sup...
Read Full Article →Oil prices have jumped. Do you need to run to the petrol station?
Rising crude costs could lead to higher fuel expenses for consumers, potentially increasing the amount paid at gas stations despite the current stability in global oil supply.
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 →Auric lights fuse on first blast at WA Munda gold mine
The initial explosion at the WA Munda gold project marks the beginning of operations, potentially enhancing Auric's revenue streams by capitalizing on favorable market conditions f...
Read Full Article →Javelin soars toward production at Kalgoorlie gold play
Javelin Minerals aims to accelerate mining operations at its Eureka gold site near Kalgoorlie, potentially increasing output and boosting the company’s revenue generation in the ne...
Read Full Article →The Fed continues to watch and wait for Trump’s tariffs to bite
The Federal Reserve’s decision to maintain current interest rates reflects uncertainty about the economic impact of recently imposed tariffs and their possible consequences on mark...
Read Full Article →ASX set to fall as Wall Street dips; Fed keeps rates on hold, says future is ‘foggy’
The potential for future interest rate reductions by the Federal Reserve contributed to uncertainty in global markets, leading to a cautious outlook for Australian shares following...
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 →CEO wages are falling and golden parachutes have collapsed
Executive compensation in Australia is experiencing significant declines, reflecting broader economic challenges and potentially influencing corporate governance and financial stra...
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 →Strickland cores 244m to extend high-grade Serbian gold-silver zones
Strickland Metals' recent drilling at the Serbian Shanac deposit revealed extensive mineralization over significant lengths, potentially enhancing the property's overall value and...
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 →Fight to the death: The world has to prepare for a Middle East energy storm
The ongoing Middle Eastern tensions could disrupt global energy supplies, potentially causing significant fluctuations in markets and impacting international economic stability mor...
Read Full Article →Trump’s trade war is starting to bite China’s economy
The ongoing trade conflict with the United States is beginning to affect China’s economic growth, revealing initial signs of strain despite stronger-than-anticipated resilience in...
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 →ASX set to slide as Wall Street slumps; Oil prices rise; $A falls
The decline in US stock markets, influenced by escalating oil prices, is expected to negatively impact the Australian share market and contribute to a weakening of the national cur...
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...
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