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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 →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 →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 →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 →Record 25 per cent rate increase to hit households in Queensland region
A significant increase in local government charges in Queensland is expected to impact household budgets, potentially causing financial strain for many residents as they adjust to...
Read Full Article →We're expecting another rate cut this week. Will more cuts follow?
Changes in interest rates set by the Reserve Bank influence borrowing costs, savings returns, and overall economic conditions, affecting financial planning and spending decisions f...
Read Full Article →160 pokies, 50m from houses, open until 3am: New club’s plan rejected
The proposal for a $33 million entertainment venue faced opposition due to concerns about increasing gambling accessibility in an area already experiencing substantial per capita l...
Read Full Article →Air India budget carrier reprimanded over delayed repairs and falsified records
The budget airline faces potential financial consequences due to regulatory actions stemming from maintenance delays and inaccurate documentation following a tragic accident involv...
Read Full Article →Here are options if you think you can't keep working until pension age
Many Australians facing physical challenges from years of manual work are exploring alternative financial strategies to support early retirement before reaching the traditional pen...
Read Full Article →Live: Qantas CEO breaks silence on cyber attack, ASX set to rise after Wall St rally
The recent cyber incident involving Qantas has raised concerns about operational costs, while optimism from record gains on Wall Street is likely contributing to a positive start f...
Read Full Article →Minister argues backing out of $34b project would fail a growing city
The $34 billion suburban rail project is financially important because it supports urban growth and requires secured funding commitments from both the Commonwealth and private deve...
Read Full Article →How Indonesia is trying to get a better tariff deal with the US than Vietnam
Indonesia aims to secure a favorable trade agreement with the United States valued at $52.3 billion to minimize upcoming tariff increases and enhance economic cooperation compared...
Read Full Article →'Awful': Amelia's in an ANU redundancy pool with two close colleagues
The Australian National University plans to reduce its workforce, including several academic and professional employees, as a cost-saving measure aimed at achieving $250 million in...
Read Full Article →Live: Microsoft axing jobs in Australia, while Wall Street rises on Trump-Vietnam trade deal
Microsoft’s decision to reduce its global staff by four percent, including roles in Australia, highlights ongoing corporate cost adjustments amid evolving international trade devel...
Read Full Article →Scam victim loses home deposit to a security flaw that banks are now targeting
A security vulnerability led to a significant financial loss for an individual, prompting banks to implement measures that alert customers about discrepancies between payment recip...
Read Full Article →'Catastrophic failure' led to fire that shut Heathrow Airport, report finds
The unexpected shutdown of Heathrow Airport on March 21 disrupted global travel schedules and resulted in significant financial losses for airlines due to widespread cancellations...
Read Full Article →'Forthright defiance of the law': Woodside stench gas activists sentenced
The sentencing of three environmental activists for releasing a foul gas at Woodside Energy’s headquarters highlights the financial risks companies face from protests that disrupt...
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