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Sale of small-town IGA sparks fears of duopoly and grocery price hikes
The recent transaction involving a local grocery store has created links among the three small supermarkets in Esperance, raising concerns among residents about potential increases...
Read Full Article →Australia could bargain over partial US beef ban in Trump tariff talks
Australia plans to use restricted access to its beef exports as leverage in discussions aimed at easing American tariffs and improving overall trade relations between the two count...
Read Full Article →Live: Albanese says he won't loosen biosecurity rules to secure US tariff exemption
Prime Minister Anthony Albanese emphasized that maintaining strict biosecurity measures remains a priority, despite potential economic impacts related to the ongoing negotiations o...
Read Full Article →Live: ASX set to slip after Trump-Musk feud triggers sell-off on Wall Street
The Australian stock market is expected to open lower as recent tensions between prominent figures contribute to investor uncertainty and prompt declines in major US indices overni...
Read Full Article →Concern housing proposal could see 'hodgepodge of unsatisfactory development'
The proposed planning rule changes in Canberra are expected to impact both individual homeowners and large developers financially by enabling increased housing density in suburban...
Read Full Article →Trump and Xi hold phone call 'focused almost entirely on trade'
The extended discussion between the two leaders highlighted key economic issues, potentially influencing global markets and bilateral trade policies between the United States and C...
Read Full Article →NSW workers' comp reforms delayed after Liberals side with unions
The postponement of the proposed changes to workers’ compensation in New South Wales may impact financial liabilities and claims processing, affecting both employer costs and compe...
Read Full Article →'Tip of the iceberg': First round of job cuts announced by ANU
The Australian National University has initiated initial staff reductions as part of a broader effort to address its substantial budget shortfall and achieve $250 million in saving...
Read Full Article →Why is Gen Z obsessed with blind boxes?
The blind-box industry generates billions annually by leveraging dedicated consumer bases, strategic promotional efforts, and social media engagement to maintain strong sales and m...
Read Full Article →Trump spruiks his 'success' since inauguration as steel tariffs take effect
The implementation of heightened duties on imported steel and aluminium is expected to impact trade balances and manufacturing expenses across various industries in the United Stat...
Read Full Article →Finance broker to make NRL debut after almost 70 reserve grade matches
The finance broker’s upcoming NRL debut highlights a transition from managing financial matters to contributing athletically, underscoring the broader impact sports professionals c...
Read Full Article →Live: Aussie dollar rises above 65 US cents, RBA rate cut predicted for July
The Australian currency's recent strength against the US dollar coincides with forecasts of a possible interest rate reduction, while declining mining exploration investment may im...
Read Full Article →Australia and EU revive trade talks but agriculture still a sticking point
Renewed negotiations between Australia and the European Union aim to enhance economic stability amid global shifts, though disagreements over agricultural policies continue to infl...
Read Full Article →South Korea's new president has 'a hard line to walk' between US, China
Lee Jae-myung’s administration must navigate complex international relationships that could impact trade flows, investment decisions, and economic stability amid shifting alliances...
Read Full Article →Job losses flow down the line from troubled SA steelworks
The administration of Whyalla's steelworks has led to widespread economic challenges, causing several related companies to reduce their workforce due to decreased demand and financ...
Read Full Article →Weak GDP gives RBA green light for another interest rate cut in July
The recent slowdown in economic growth increases the likelihood of a reduction in borrowing costs, potentially easing financial pressure for consumers and businesses in the upcomin...
Read Full Article →Farmers urge gardeners to check tomato plants as virus plans scrapped
Farmers warn that if the tomato virus spreads unchecked, the agricultural sector could face substantial economic damage, potentially impacting both commercial growers and home gard...
Read Full Article →Indian legend in tears as Bengaluru finally break IPL hoodoo
Bengaluru's victory in the IPL final not only ends their long streak of near misses but also boosts the franchise's market value and opens new revenue opportunities through sponsor...
Read Full Article →Live: ASX to rise ahead of first-quarter GDP data release
Investors are anticipating a boost in Australian share prices influenced by gains in US markets, as upcoming economic data on quarterly growth is scheduled to be announced later th...
Read Full Article →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...
Read Full Article →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...
Read Full Article →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...
Read Full Article →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...
Read Full Article →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.
Read Full Article →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...
Read Full Article →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...
Read Full Article →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...
Read Full Article →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...
Read Full Article →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.
Read Full Article →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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