Finance News – Australia
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How banks are muddying the waters for savers as interest rates fall
As interest rates decline, financial institutions are adjusting their strategies, potentially affecting returns for savers while seeking alternative ways to maintain profitability...
Read Full Article →Safe haven: ASX outperforms Wall Street amid Trump chaos
Amid political uncertainty in the United States, investors have shifted capital towards the ASX, leading to relatively stronger market performance compared to Wall Street during th...
Read Full Article →India ramps up checks on Boeing 787s after fatal crash
The increased inspections of Boeing 787 aircraft in India following a recent accident could impact airline operations and maintenance costs, affecting financial performance within...
Read Full Article →Israeli strikes on Iran’s oil stoke fears of higher petrol prices
Rising tensions in the Middle East are expected to increase oil costs, potentially leading to a noticeable rise in fuel expenses for consumers in the near future, according to expe...
Read Full Article →Despite what Donald Trump says, factory work is overrated. Here are the jobs of the future
Shifting away from traditional manufacturing could open opportunities for emerging industries that may drive economic growth and job creation in the evolving financial landscape.
Read Full Article →Popular bakeries close their doors with staff owed super, leave
The closure of several well-known bakeries in inner Melbourne has resulted in employees being collectively owed substantial amounts in unpaid superannuation and accrued leave benef...
Read Full Article →Surging $69b online shopping market puts small family business legacies at risk
The rapid growth of the online retail sector, now valued at $69 billion, is contributing to the closure of many small and medium-sized family businesses in Victoria, impacting thei...
Read Full Article →ASX Runners of the Week: Icetana, Resolution Minerals and Highfield
The collaboration between Icetana Limited and SoftBank highlights a strategic partnership that could positively influence Icetana’s market value and investor interest in the Austra...
Read Full Article →Is the Air India crash one tragedy too many for Boeing’s reputation?
The recent incident involving Air India raises concerns about potential impacts on Boeing’s financial stability and market confidence, especially if the Dreamliner faces heightened...
Read Full Article →Boeing’s safety record under scrutiny after Air India disaster
The recent crash involving a Boeing Dreamliner has raised concerns that may impact the company’s market performance and investor confidence amid ongoing scrutiny of its aircraft sa...
Read Full Article →Property veteran buys $66.5m freezer warehouse; Thredbo owner to sell $300m block; Pearl Bondi gets...
A seasoned real estate investor has acquired a large refrigerated storage facility in western Sydney for $66.5 million, highlighting continued activity and significant investment w...
Read Full Article →ASX set to rise as Wall Street advances; Boeing slumps after Air India tragedy
The increase in US stock markets, driven by positive inflation data, is likely to influence Australian shares, while Boeing’s stock faces pressure due to the recent Air India incid...
Read Full Article →Australian dollar dives as Israel's strike on Iran shakes markets
The decline in the Australian dollar reflects heightened investor concern over geopolitical tensions, leading to increased market volatility and cautious trading within global curr...
Read Full Article →Minister slams outback shire's bid for 97pc mining rates hike
The proposed near doubling of mining rates in the outback shire could substantially increase local government revenue, but has drawn criticism over its potential impact on ratepaye...
Read Full Article →Workers at 40yo power station excited for 'transition out of coal'
The planned closure of the aging energy facility is expected to impact local employment and regional economic stability as operations shift away from coal-based power generation.
Read Full Article →Live: Donald Trump urges 'numbskull' US Fed chief to cut interest rates
Investors are closely monitoring interest rate expectations and economic indicators amid ongoing trade discussions, as these factors could influence market movements and investment...
Read Full Article →US dollar hits multi-year low amid warnings of 'dangerous' Trump policies
The decline in the US dollar reflects growing investor caution and uncertainty about future economic strategies, potentially impacting global trade, investment flows, and overall m...
Read Full Article →Larvotto lights up NSW Hillgrove with new bonanza gold-antimony hits
Larvotto Resources’ high-grade mineral discovery at Eleanora-Garibaldi enhances Hillgrove’s overall reserves, potentially accelerating development timelines and increasing future r...
Read Full Article →The collateral damage from Monash IVF’s colossal embryo bungles
Monash IVF’s significant mistakes involving embryos could lead to financial losses for the company and potentially decrease trust and investment across the fertility services secto...
Read Full Article →WA political veteran Vince Catania takes the reins at Hastings
Vince Catania’s appointment as CEO is expected to enhance Hastings Technology Metals’ efforts to secure funding and successfully complete the development of its Yangibana rare eart...
Read Full Article →We are about to find out the cost of the Trump chaos
The recent inflation report has important implications for the economy, potentially influencing Federal Reserve decisions and affecting borrowing costs, consumer spending, and over...
Read Full Article →'Pretty nervous': Adelaide shipyard traders react to AUKUS review
The AUKUS review has prompted cautious responses from local traders who anticipate potential impacts on economic activity related to the submarine construction at the Adelaide ship...
Read Full Article →ASX set to rise, Wall Street rally stalls; Oil jumps
Despite gains nearing previous peaks in US equity markets, Australian shares are expected to increase while oil prices experience a notable surge, reflecting shifting dynamics in g...
Read Full Article →Fishers say high seafood prices the trade-off for more protected ocean
The federal government’s plan to restrict commercial fishing in vast ocean areas is expected to increase seafood costs for consumers, reflecting a balance between economic impact a...
Read Full Article →Rare earth magnet crisis creates an Australian opportunity
The ongoing trade tensions have highlighted Australia's potential role in supplying critical materials, offering financial benefits to local companies involved in rare earth magnet...
Read Full Article →Live: Oil prices leap on Middle East tensions, ASX set to rise
Rising crude values have notably impacted global markets, influencing stock exchanges differently as investors respond to geopolitical concerns and ongoing international trade disc...
Read Full Article →Class action alleges noise and odour pollution by small town's main employer
The lawsuit filed by Numurkah residents against GrainCorp Oilseeds could result in substantial compensation claims and potential financial liabilities for the company due to allege...
Read Full Article →Advance nails big gold-silver runs in Mexican drilling program
The recent drilling results at the Yoquivo project demonstrate promising high-grade mineralization, which could enhance the company's valuation and attract further investment inter...
Read Full Article →ASX Big Hits: Sunshine Metals, Variscan Mines & PVW Resources
Sunshine Metals’ gold discovery at 41 meters, along with significant drilling results from Variscan Mines and PVW Resources, has attracted investor attention due to their potential...
Read Full Article →Qantas to shut down Jetstar Asia, redeploy planes to Australia; 500 jobs to go
The decision to cease Jetstar Asia’s operations and reassign aircraft domestically is a strategic response to substantial anticipated losses and aims to optimize the airline’s over...
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