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Report uncovers alleged misuse of public money allotted to vulnerable kids
An investigation has raised concerns about potential mismanagement of government resources intended to support disadvantaged children, highlighting the impact on funding distributi...
Read Full Article →As ASX and property prices boom, investors bet on central bank backup
Rising stock and real estate values, supported by central bank assurances, influence investor behavior by potentially altering traditional risk assessments and encouraging increase...
Read Full Article →Auditors question future of prominent mental health charity
The recent report revealing a nearly $2 million equity shortfall has prompted auditors to express concerns about the financial stability and ongoing operations of a major mental he...
Read Full Article →New laws won't ease house prices in south-east Queensland, experts say
Despite recent interest rate reductions and legislative changes, specialists anticipate that property values in south-east Queensland will remain largely unaffected in the near fut...
Read Full Article →SA's pokie losses surpass $1bn for first time
Annual expenditures on slot machines in South Australia have exceeded $1 billion, highlighting growing financial concerns related to gambling habits within the community.
Read Full Article →LA Olympics organisers reveal they will break long-standing sponsor rule
The decision to permit sponsor branding on Olympic venues for the 2028 Los Angeles Games is expected to generate increased revenue streams and enhance overall financial support for...
Read Full Article →Live: US Fed rate-cut expectations trimmed, ASX to open flat
Anticipation of further interest rate increases by the Reserve Bank may influence market sentiment, potentially limiting gains on the Australian stock exchange amid cautious invest...
Read Full Article →Home turned into 'place of torture' by gold mine, court hears
The ongoing disturbances caused by the large-scale gold mining operations near the couple's Axedale residence have raised concerns about potential impacts on property values and lo...
Read Full Article →'No definitive evidence of health impacts' in report on mine emissions
An 18-month investigation by NSW Health concluded that exposure to emissions from a major gold mine does not show clear financial implications for the surrounding community’s well-...
Read Full Article →Perth council rejects Alcoa bauxite drilling over water, forest concerns
The proposed expansion of mining operations near Perth by a major aluminium company could significantly increase greenhouse gas emissions, raising concerns about environmental impa...
Read Full Article →Third NSW government agency this past week flags job cuts
Despite the recent addition of 500 roles, approximately 100 non-teaching positions at TAFE NSW are set to be eliminated, reflecting ongoing budget adjustments within state agencies...
Read Full Article →Owners of most profitable pokie machine club in NSW taken to court
The company operating the top-earning pokie machine venue in New South Wales faces legal action from the federal financial crime authority due to concerns surrounding its financial...
Read Full Article →Cricket Australia considering private ownership and expansion in BBL
Cricket Australia is evaluating potential changes to the Big Bash leagues, including new ownership models and growth opportunities, aiming to enhance revenue streams and strengthen...
Read Full Article →ATO reviewing how it decided to waive $950k owed by former PM's company
The tax authority is reassessing its prior choice to cancel significant financial obligations for a former prime minister's business, aiming to ensure fairness and maintain public...
Read Full Article →Annual inflation hits 2.1pc in June quarter, down from 2.4pc in March
The decrease in the underlying inflation rate suggests a potential easing of price pressures, which may influence monetary policy decisions and affect borrowing costs for consumers...
Read Full Article →Live: ASX to slip and RBA awaiting inflation data to determine whether to cut rates
The Australian stock market may experience a modest decline as investors await the upcoming inflation report, which will influence the Reserve Bank's decision on potential interest...
Read Full Article →Family-run engineering firm in tiny town celebrates $32m contract win
The local engineering company secured a substantial agreement contributing millions of dollars, expected to support economic growth and infrastructure development within the surrou...
Read Full Article →Potential arrival of Russian-tainted fuel raises 'tricky' questions over sanctions
The docking of a tanker carrying fuel linked to Russian oil in Western Australia highlights vulnerabilities in current sanctions, potentially affecting trade regulations and financ...
Read Full Article →Classes combined, teachers cancelled amid public schools' budget woes
Due to ongoing budget shortfalls, many public schools in the ACT are consolidating classes and reducing teaching staff as part of efforts to manage limited financial resources.
Read Full Article →Texan heavy hitter to bring 'American lens' to major NT gas supplier
The appointment of Scott Sheffield as a non-executive director introduces experienced leadership to the natural gas company, potentially enhancing investor confidence and influenci...
Read Full Article →CBA replaces dozens of call centre jobs with AI chatbot
The implementation of an AI chatbot by a major Australian company has led to the reduction of 45 positions in its customer support centres, reflecting cost-saving measures through...
Read Full Article →Accused fraudster raised $250m from investors, 'promised pot of gold'
Chris Marco is currently facing trial in Perth after allegedly securing $250 million from over 100 investors, with authorities claiming the funds were obtained through deceptive in...
Read Full Article →Taiwan to push back US stopover amid US–China trade talks, sources say
Taiwan’s decision to postpone the US visit may influence regional economic dynamics by affecting trade negotiations and investment flows amid heightened diplomatic interactions bet...
Read Full Article →Australia may no longer be Trump's least badly treated friend
Changes in the tariff policy could lead to increased financial burdens for Australia, potentially altering its previous status and impacting trade costs and economic relations with...
Read Full Article →Jewellery tycoon Michael Hill dies after taking leave for cancer treatment
The passing of the founder of a prominent jewellery brand may impact the company’s leadership and investor confidence, potentially influencing its financial performance and market...
Read Full Article →Live: Australia responds to Trump's latest tariff threat
Australia’s response to the potential increase in US tariffs highlights ongoing trade tensions that could impact bilateral economic relations and influence market stability between...
Read Full Article →Live: European markets fall on EU-US trade deal, ASX set to slide
Investors responded cautiously to the new trade agreement between the US and EU, leading to declines in European equities and anticipated downward pressure on the Australian stock...
Read Full Article →Trump suggests 10pc tariff imposed on Australia could double
An increase in the existing 10 percent tariff on Australian goods could lead to higher costs for exporters, potentially affecting trade volumes and economic relations between the t...
Read Full Article →Analysts say 'greed is good' is back as market euphoria surges
Experts indicate that rising enthusiasm for highly volatile internet-driven stocks is fueling a speculative environment in global markets, which could have important implications f...
Read Full Article →Pro-Ukraine hackers launch massive attack on Russia's Aeroflot airline
The cyberattack on Aeroflot significantly disrupted its operations, potentially leading to substantial financial losses due to damaged infrastructure, compromised data, and impacts...
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