GBP/USD 1.356 EUR/GBP 0.862 GBP/JPY 199.345 EUR/USD 1.170 GBP/AUD 2.073 USD/JPY 147.015 USD/CAD 1.382 AUD/USD 0.654 CAD/JPY 106.367 EUR/CAD 1.616 GBP/CAD 1.874 AUD/CAD 0.904 AUD/JPY 96.177 AUD/NZD 1.099 EUR/AUD 1.788 GBP/USD 1.356 EUR/GBP 0.862 GBP/JPY 199.345 EUR/USD 1.170 GBP/AUD 2.073 USD/JPY 147.015 USD/CAD 1.382 AUD/USD 0.654 CAD/JPY 106.367 EUR/CAD 1.616 GBP/CAD 1.874 AUD/CAD 0.904 AUD/JPY 96.177 AUD/NZD 1.099 EUR/AUD 1.788
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ABC News Business • Jun 03, 2025

Trump tariff uncertainty brings weaker outlook for Australia, RBA official says

An official from the Reserve Bank of Australia indicated that although direct effects of recent U.S. trade policies may be limited, broader international economic uncertainty could...

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ABC News Business • Jun 03, 2025

Farmers battling drought call for low-interest loans 'not a handout'

South Australian farmers affected by drought seek reduced loan interest rates to manage operational costs and sustain their businesses, emphasizing financial support rather than ou...

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ABC News Business • Jun 03, 2025

Vanuatu to look at stripping Andrew Tate's 'golden passport'

Vanuatu's citizenship-by-investment program generates substantial revenue but faces criticism for potentially enabling wealthy and high-risk individuals to obtain legal residency t...

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ABC News Business • Jun 03, 2025

Paid CFA firefighters start work bans after failed pay negotiations

The ongoing work restrictions by CFA firefighters in regional Victoria, resulting from unsuccessful salary discussions, are expected to have financial implications for local govern...

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ABC News Business • Jun 02, 2025

Live: Millions await minimum wage decision, with impact on consumer spending and interest rates

The upcoming determination regarding wage levels is expected to influence household expenditures and may also affect borrowing costs within the broader economy.

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ABC News Business • Jun 02, 2025

UK unveils radical defence overhaul as Starmer eyes Russian threat

The proposed defence changes signal a potential increase in military expenditure that could impact the UK’s budget priorities and economic planning, although specific funding timel...

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ABC News Business • Jun 01, 2025

Live: Wall St ends flat after volatile session, ASX set for slight gain

Despite fluctuating trade tensions causing market instability, major U.S. stock indices finished unchanged while the Australian Securities Exchange is anticipated to open with a mo...

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ABC News Business • Jun 01, 2025

Tasmanian abalone industry reeling as demand and export prices plunge

The Tasmanian abalone sector faces financial challenges due to increased competition from Chinese farmed abalone, leading to reduced export earnings and a decline in market share f...

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ABC News Business • May 31, 2025

More headaches ahead for WA government after North West Shelf call

The decision regarding the North West Shelf presents ongoing financial challenges for Western Australia's government as they navigate economic responsibilities alongside increasing...

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ABC News Business • May 30, 2025

Trump says he plans to double steel tariffs to 50pc

The proposed increase in import duties on steel to half the value of shipments aims to enhance domestic industry protection and could impact trade relations and market prices.

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ABC News Business • May 30, 2025

Is Victoria's largest gold mine a good corporate citizen or bad neighbour?

The state government’s approval of the expansion highlights the gold mine’s role in generating economic benefits, though it raises concerns about balancing financial gain with comm...

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ABC News Business • May 30, 2025

Global brands plan to spread tariff price hikes beyond the US

International companies impacted by recent trade measures are considering raising costs in multiple regions, potentially leading to increased expenses for consumers outside the Uni...

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ABC News Business • May 30, 2025

Trump says China 'totally violated' tariff pact with US

The recent statement regarding disagreements over trade commitments highlights ongoing challenges that could impact the economic relationship and financial exchanges between the tw...

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ABC News Business • May 30, 2025

Marles open to defence spending hike after meeting Pentagon chief Hegseth

Following discussions with key U.S. officials, Australia is considering increasing its military budget beyond current projections to further align with international expectations a...

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ABC News Business • May 30, 2025

Rail unions strike pay rise in deal to bring an end to industrial action

The agreement between NSW rail unions and the state government includes a 12 percent salary increase over three years and retroactive payments, impacting workforce compensation and...

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ABC News Business • May 30, 2025

White House 'full of lunatics', says economist ahead of tariff showdown

The upcoming decisions on tariffs by the U.S. administration have significant implications for global financial markets, potentially affecting trade dynamics and economic stability...

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ABC News Business • May 30, 2025

Victorian government backs down on emergency services levy for farmers

The Victorian government will limit the amount farmers pay for the Emergency Services and Volunteers Fund by maintaining the levy at last year’s rate for all primary production pro...

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ABC News Business • May 30, 2025

Governments doubling down on gas as 2029 shortfall warning looms

The potential reintroduction of a gas reservation policy indicates governmental efforts to secure supply, which could impact investment strategies and market dynamics within Austra...

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ABC News Business • May 30, 2025

Trump's lost control of his tariff see-saw, making his aims even harder

The ongoing legal disputes over the continuously shifting import taxes pose challenges for the administration’s economic strategy, potentially affecting trade policy while navigati...

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ABC News Business • May 29, 2025

Tennant Creek hopes mine marks return to 'gold capital of Australia'

The reopening of the Nobles Nob gold mine in the Northern Territory is expected to contribute to the local economy by generating jobs and increasing investment in the mining sector...

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ABC News Business • May 29, 2025

Live: Tariff appeal ruling fails to dent US share gains

Despite the recent court decision reinstating tariffs, investors responded positively, leading to continued growth in U.S. equities and reflecting market resilience amid ongoing tr...

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ABC News Business • May 29, 2025

Traditional owners eye next battle in fight against North West Shelf

The ongoing opposition by traditional owners and environmentalists to key gas projects could impact future investments and operations in Western Australia’s energy sector, influenc...

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ABC News Business • May 29, 2025

Flooded residents priced out of soaring insurance left with 'nothing'

Rising insurance premiums following recent floods have placed significant financial strain on residents, prompting calls for government investment in protective measures to help mi...

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ABC News Business • May 28, 2025

'See you in court': Climate advocates devastated by gas project approval

The approval of Woodside's North West Shelf expansion has raised concerns among environmental groups and Indigenous communities about potential economic impacts and costs associate...

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ABC News Business • May 28, 2025

Woodside's massive WA gas project is being expanded — here's what that means

The government approval for the expansion of Woodside’s Karratha Gas Plant is expected to boost regional investment, increase production capacity, and potentially enhance Australia...

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ABC News Business • May 28, 2025

Australia's largest gas project approved for operation to 2070

The extension of Woodside’s North West Shelf project until 2070 is expected to impact Australia's energy market and investment landscape by prolonging extraction activities and ass...

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ABC News Business • May 28, 2025

Odds remain on July rate cut as inflation stays on target

The stable increase in consumer prices over the past three months suggests that central bank policymakers may consider adjusting interest rates in July to support ongoing economic...

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ABC News Business • May 28, 2025

Near 100 per cent rates hike angers miners as council tackles debt

The sharp increase in local government charges has raised concerns among mining stakeholders who worry it may negatively impact the economic stability and future investments within...

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ABC News Business • May 27, 2025

Live: ASX to rise, Wall Street surges on Donald Trump's EU tariff delay

Global stock markets are expected to benefit from eased trade tensions and upcoming economic data, reflecting investor optimism ahead of inflation reports and central bank policy d...

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ABC News Business • May 27, 2025

After changing its website, Telstra’s now digging in on mobile coverage

Telstra’s CEO Vicki Brady highlighted the company’s extensive mobile network reach, emphasizing its potential impact on customer acquisition and revenue growth through improved cov...

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