Finance News – Australia
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Why didn't the RBA cut rates yesterday?
The Reserve Bank's decision to maintain interest rates can impact borrowing costs for homeowners, influencing mortgage repayments and broader economic conditions until the next pol...
Read Full Article →ASX to slide on opening; Wall Street mixed
The Australian stock market is expected to decline at the start of trading as investors react to the central bank’s unexpected choice to maintain current interest rates.
Read Full Article →RBA expects Trump's tariffs to have 'profound' effect, but markets 'shrug and move on'
The introduction of tariffs by the U.S. is projected to strongly influence the economy, prompting calls for innovative economic strategies to address the significant challenges cur...
Read Full Article →Trump's plan 'backfired' on tariffs, experts say. He's only got two deals to show for it
The implementation of tariffs has caused widespread market volatility and business interruptions, resulting in limited successful agreements and ongoing challenges for global trade...
Read Full Article →'Exorbitant' $800 rate rise prompts MP's call for legislative change
The recent 25 percent increase in local government rates has raised concerns about affordability, leading a federal MP to advocate for reforms in Queensland’s municipal financial r...
Read Full Article →PBS 'not on the table' to escape concerning pharmaceuticals tariff
The government remains committed to maintaining the current drug subsidy program despite potential economic challenges posed by a significant tariff increase on pharmaceutical expo...
Read Full Article →Live: ASX to slip after RBA's surprise interest rate decision, Trump announces further tariffs
The unexpected pause in interest rate changes by the Reserve Bank and uncertainty over upcoming tariff extensions are expected to modestly affect Australian share prices in early t...
Read Full Article →Live: Australia 'urgently' seeking further detail on Trump's pharmaceutical tariffs
Australia is actively requesting more information from the United States regarding the potential imposition of high tariffs on pharmaceutical imports, which could substantially imp...
Read Full Article →Trump flags tariffs of 200pc on pharmaceuticals, 50pc on copper
A proposed increase in tariffs on pharmaceuticals and copper could substantially impact Australia's export revenues by significantly raising costs for these key commodities in the...
Read Full Article →Qantas hack victims could get compensation, say experts
Following the recent breach affecting millions of Qantas customers, legal specialists indicate the airline might incur financial consequences related to consumer protection violati...
Read Full Article →Embattled childcare company to install CCTV at all centres
Following recent investor concerns and a decline in market value, the for-profit childcare provider plans to implement enhanced monitoring measures across its locations to address...
Read Full Article →ASX flat after rates hold surprise, mining giants slump
The Australian stock index experienced a modest decline as major mining companies fell amid unexpected interest rate decisions and renewed trade tensions stemming from recent tarif...
Read Full Article →TMK contracts rig for final Mongolian pilot production well
TMK Energy’s agreement with a Canadian drilling company marks a key step in advancing the pilot phase of its coal seam gas project, potentially impacting future revenue streams.
Read Full Article →We didn’t get that rate relief, but Australia remains the lucky country
Despite missing out on interest rate reductions, Australia continues to benefit from strong economic conditions and stability compared to numerous other nations facing greater fina...
Read Full Article →Tassie mine acquisition turns Kaiser into multi-asset gold producer
The recent purchase of the Tasmanian Henty gold mine has enabled Kaiser Reef to diversify its operations and generate notable revenue through the extraction of over 4,000 ounces of...
Read Full Article →Beetaloo hits major milestone with NT well gas stimulation
Beetaloo Energy Australia’s recent hydraulic stimulation of the Carpentaria-5H well in the Northern Territory signifies a key development that could enhance the company’s resource...
Read Full Article →Workers rally outside NSW coal mine as lockout enters third week
The ongoing lockout at the NSW coal mine has led to unpaid workers, potentially impacting both employee incomes and the company’s financial stability amid continued industrial disp...
Read Full Article →ASX to dip on open as Wall Street falls on Trump tariff pressure
The Australian stock exchange is expected to open lower today, reflecting international market declines influenced by recent geopolitical developments affecting trade policies.
Read Full Article →WA government rules Crown fit to operate Perth casino without penalties
The decision allows Crown Perth to continue its operations uninterrupted, preserving its revenue stream and market position while avoiding financial losses associated with penaltie...
Read Full Article →Breaking: RBA defies expectations of interest rate cut in split decision
The Reserve Bank's choice to maintain the current cash rate rather than reduce it could influence borrowing costs and investor confidence amid ongoing economic uncertainties.
Read Full Article →Trump's tariffs 'actually good' for Australia, Productivity Commission finds
According to the federal economic agency, Australia could financially benefit from U.S. tariffs by avoiding retaliatory measures and potentially enhancing its economic position thr...
Read Full Article →Landmark ruling orders BHP to pay labour hire workers an average $30,000 more
The recent court decision requires BHP to increase compensation for over 2,000 labour hire employees in Central Queensland, reflecting compliance with legislation aimed at equalizi...
Read Full Article →Live: Government says 'nothing has changed' as Trump unveils tariff letters
The government maintains that Australia’s economic position remains stable despite the announcement of new tariffs by Donald Trump, emphasizing no immediate alterations to trade po...
Read Full Article →Live: RBA expected to deliver third interest rate cut of 2025
The anticipated reduction in the official borrowing cost by the Reserve Bank is likely to influence borrowing expenses and investment decisions across the economy.
Read Full Article →Falling feed-ins and new export tariff frustrate solar customers
The introduction of a new export tariff alongside decreasing payments for excess solar energy may impact overall savings for solar users, although the extent of cost transfer to co...
Read Full Article →What does the new deadline for an embattled Brisbane casino mean?
The revised timeline for the Brisbane casino project could impact investor confidence and market dynamics, as the company’s stock previously surged with construction progress but n...
Read Full Article →ASX closes lower as investors weigh potential rate cuts and fresh tariff uncertainty
Australia’s stock market declined on Monday as investors assessed the possible impact of upcoming interest rate adjustments alongside renewed concerns over changes in international...
Read Full Article →Broad drill hits expand Advance Metals Mexican silver-gold footprint
Advance Metals’ recent drilling program at the Yoquivo project in Mexico has uncovered significant silver and gold mineralization, potentially enhancing the company’s asset value a...
Read Full Article →Breaking: Trump announces 25 per cent tariff on goods from Japan and South Korea
The newly imposed 25 percent duties on imports from Japan and South Korea are expected to affect trade balances and potentially alter cost structures for businesses involved in bil...
Read Full Article →Strickland adds eighth rig to high-grade gold blitz in Serbia
Strickland Metals' deployment of an additional rig at its Rogozna project in Serbia reflects increased investment aimed at enhancing resource development within its significant gol...
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