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Live: ASX set to slip after US credit downgrade
The downgrade of the US credit rating by Moody's may prompt cautious investor behavior, potentially leading to a decline in the ASX as market participants reassess economic risks.
Read Full Article →Telstra claimed to cover 99.7pc of the population. Now, its website's changed
Vodafone alleges that Telstra’s previously reported population coverage figures may have been inaccurate, potentially affecting consumer decisions and impacting fair competition wi...
Read Full Article →Steph separated from her ex years ago. Then she got a $35,000 bill
Recent notices demanding tens of thousands of dollars from residents have raised concerns about the current stamp duty concession framework, prompting calls for legislative review...
Read Full Article →Victorian councils 'deeply reluctant' to enforce controversial levy
Several local governments in Victoria are concerned that widespread non-payment of the emergency services charge could lead to decreased funding for essential public services and b...
Read Full Article →'We're talking millions of dollars': Roberts-Smith facing huge costs bill
The legal team representing Roberts-Smith is expected to incur substantial expenses as they thoroughly review the detailed grounds outlined in the recent appeal dismissal over the...
Read Full Article →Historic saleyard operating at a loss faces closure
The potential shutdown of the long-standing livestock market highlights concerns over its substantial operational expenses, which may result in significant financial burdens for lo...
Read Full Article →Ozempic-maker Novo Nordisk ousts CEO after shares plummet
Novo Nordisk's decision to replace its CEO follows a significant decline in the company’s stock value, underscoring the financial impact of recent market challenges on the pharmace...
Read Full Article →Desperate farmers scramble for hay as drought bites
Rising demand for hay amid dry conditions has led to notable price increases in Australia, reflecting significant financial strain on farmers who are purchasing more supplies than...
Read Full Article →Live: Rate cuts forecast for both Australia and US
The potential reduction in interest rates by central banks in Australia and the US could influence borrowing costs and economic activity, affecting financial markets and investment...
Read Full Article →Why $1 million is far from an all-access pass to the housing market
The increase in properties priced over $1 million from under 10 percent to more than 34 percent in ten years highlights growing affordability challenges within the housing market.
Read Full Article →Trump says India has offered 'no tariffs' on US goods in trade negotiations
The announcement highlights potential changes in trade dynamics between the two countries, which could impact export revenues and influence investment decisions within the technolo...
Read Full Article →The bond market is flashing red and market turbulence is far from over
Rising US Treasury yields indicate increased investor confidence, as funds shift from fixed-income securities to equities, potentially affecting borrowing costs and signaling evolv...
Read Full Article →Employment surges in April and unemployment rate holds steady
The unexpected increase in job creation during April contributed to a stable unemployment rate, indicating positive momentum in the labor market that may influence future economic...
Read Full Article →Trade wars and AI drive demand for critical mineral unearthed in WA
The growing need for advanced technology, coupled with global economic tensions, is anticipated to significantly increase the market value and extraction of gallium, a key componen...
Read Full Article →Hefty cost for business after Yorke Peninsula's 24-hour blackout
The recent 24-hour power outage affecting thousands of properties on Yorke Peninsula has led many local businesses to face significant unprotected financial losses, highlighting th...
Read Full Article →SES members hope controversial funding path will pass
The proposed legislation to generate revenue for Victoria's emergency services via a new levy is anticipated to be reconsidered in parliament following a recent postponement.
Read Full Article →Live: Tech stocks continue to gain but Wall St ends mixed
Major technology firms helped push overall market gains during US trading, although the broader Wall Street indices closed with varied results, while Australian futures suggest a p...
Read Full Article →Should government pay for business woes over Sydney's light rail?
The High Court case involving Sydney businesses and Transport for NSW may influence future policies on government compensation for economic losses linked to major infrastructure pr...
Read Full Article →Judge fines gold mining company for 'mercenary' drilling at sacred site
The company faced a $160,000 penalty due to unauthorized mineral exploration activities at a culturally important location, highlighting financial risks associated with regulatory...
Read Full Article →Breaking: Macquarie sued for allegedly misreporting millions of short sales
The legal action against Macquarie could potentially impact its financial standing and investor confidence due to allegations of incorrect reporting related to extensive short sell...
Read Full Article →Live: ASX to rise, US-China trade relief sparks Nasdaq tech surge
Investor confidence strengthened due to easing trade tensions between the US and China, encouraging gains in Australian stocks and technology companies, despite ongoing concerns ov...
Read Full Article →Woodside's new Browse Basin gas plan explained
Woodside’s updated Browse Basin project, currently under public review, aims to balance development with environmental concerns, potentially influencing future regional energy inve...
Read Full Article →Whyalla steelworks port ownership dispute triggers law change
The government’s clarification of ownership aims to resolve conflicts impacting operations and investments at the Whyalla port, which is critical for the region’s economic and indu...
Read Full Article →Live: US-China tariffs 'deal' spurs stock surge, Australian futures tip lift
The agreement between the United States and China involving reduced tariffs has positively influenced stock prices in the US, while market indicators point to potential gains in Au...
Read Full Article →Natural disasters leave NSW councils facing $3.4b road repair bill
Severe weather events have caused extensive damage to road infrastructure in NSW, resulting in substantial repair costs that are challenging for financially constrained local counc...
Read Full Article →US and China agree to slash tariffs during 90-day pause
The recent agreement between the US and China to temporarily reduce trade barriers is expected to impact economic activities by potentially lowering costs for businesses and consum...
Read Full Article →Elizabeth Holmes partner is raising money for a new blood-testing start-up
An associate of Elizabeth Holmes has secured substantial funding to launch a new company focused on blood diagnostic technology, highlighting continued investor interest in innovat...
Read Full Article →Ukrainian ambassador visits regional cafe that put tariffs on US goods
The local cafe's decision to apply additional charges on products from the United States generated revenue aimed at supporting relief efforts in Ukraine, attracting attention from...
Read Full Article →Operator says he's lost $45K in one month due to Canberra light rail construction
The business owner reported significant monthly revenue declines linked to local infrastructure work, prompting government measures aimed at supporting affected enterprises within...
Read Full Article →How much money does Bunnings make?
Bunnings generates substantial income through its expanding range of home products, reflecting strong revenue growth that highlights its important role within the retail market.
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