GBP/USD 1.357 EUR/GBP 0.861 GBP/JPY 198.736 EUR/USD 1.169 GBP/AUD 2.064 USD/JPY 146.434 USD/CAD 1.368 AUD/USD 0.657 CAD/JPY 107.075 EUR/CAD 1.598 GBP/CAD 1.856 AUD/CAD 0.899 AUD/JPY 96.274 AUD/NZD 1.092 EUR/AUD 1.778 GBP/USD 1.357 EUR/GBP 0.861 GBP/JPY 198.736 EUR/USD 1.169 GBP/AUD 2.064 USD/JPY 146.434 USD/CAD 1.368 AUD/USD 0.657 CAD/JPY 107.075 EUR/CAD 1.598 GBP/CAD 1.856 AUD/CAD 0.899 AUD/JPY 96.274 AUD/NZD 1.092 EUR/AUD 1.778
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ABC News Business • Jun 15, 2025

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...

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ABC News Business • Jun 13, 2025

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...

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ABC News Business • Jun 13, 2025

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...

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ABC News Business • Jun 13, 2025

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...

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ABC News Business • Jun 12, 2025

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.

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ABC News Business • Jun 12, 2025

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...

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ABC News Business • Jun 12, 2025

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...

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ABC News Business • Jun 12, 2025

'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...

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ABC News Business • Jun 12, 2025

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...

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ABC News Business • Jun 12, 2025

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...

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ABC News Business • Jun 11, 2025

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...

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ABC News Business • Jun 11, 2025

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...

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ABC News Business • Jun 11, 2025

Families, businesses deal with burst sewerage pipe as market relocates

The recent sewer pipe failure in southern Perth has led to increased expenses for local residents and companies while prompting shifts in commercial activity within the affected ma...

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ABC News Business • Jun 11, 2025

Historic Goldfields water pipeline set for $543 million upgrade

The $543 million enhancement of the Goldfields Water Supply Scheme will improve water delivery efficiency across 566 kilometers, potentially supporting regional growth and long-ter...

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ABC News Business • Jun 11, 2025

US and China agree on a framework to resolve their trade disputes

The establishment of a mutual framework between the US and China aims to ease trade tensions, potentially impacting global markets and influencing tariffs and investment flows betw...

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ABC News Business • Jun 10, 2025

Queensland government dumps zero-emissions vehicle goal set by Labor

The decision to eliminate the previous administration’s requirement for public service vehicles to be zero-emissions may impact future budget allocations related to vehicle purchas...

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ABC News Business • Jun 10, 2025

Live: US shares gain on trade talk progress, ASX set to follow

Positive developments in trade discussions between the United States and China have contributed to a rise in US stock markets, with Australian shares expected to experience similar...

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ABC News Business • Jun 10, 2025

Peter thought he owned his driveway until it was listed for auction

The unexpected presence of multiple bidders unexpectedly increased the driveway’s market value, highlighting how competitive bidding can significantly impact property prices even i...

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ABC News Business • Jun 10, 2025

Copper smelter closure prompts fears industry will move offshore

The shutdown of a major copper processing facility in Queensland may lead to reduced domestic output and increased reliance on international sources, potentially impacting Australi...

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ABC News Business • Jun 10, 2025

Global economy at weakest moment since 2008 Great Recession, World Bank says

Commodity-exporting countries are expected to experience reduced demand, while developing nations may endure prolonged recovery periods due to slower economic expansion influenced...

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ABC News Business • Jun 10, 2025

'Rapacious profiteering' from health insurance industry blamed for closure of leading hospital

The shutdown of Toowong Private Hospital highlights concerns over soaring costs within the health insurance sector, which have strained financial resources and impacted the accessi...

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ABC News Business • Jun 10, 2025

Billionaire's business woes sees hundreds of Australian workers sent home

Ongoing challenges in a major industrial group have led to temporary closures and operational pauses at several facilities, resulting in significant disruptions and financial uncer...

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ABC News Business • Jun 09, 2025

Live: Markets await news on US-China trade talks

Investors remain cautious as they monitor ongoing negotiations between the US and China, anticipating potential impacts on global markets and financial conditions pending the outco...

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ABC News Business • Jun 09, 2025

Court downplays scale of cattle industry losses after live export ban

The court’s decision suggests that the economic impact of the 2011 export restrictions on the cattle sector may be limited, potentially influencing the outcomes of numerous compens...

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ABC News Business • Jun 09, 2025

Four charged with money laundering as $21m in assets seized

Authorities have confiscated assets worth $21 million and charged four individuals suspected of participating in a complex financial crime involving the illegal movement of funds a...

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ABC News Business • Jun 08, 2025

Coffee prices up to $12 needed to make industry viable, supplier says

Experts indicate that due to ongoing tariffs and supply challenges, coffee costs must rise significantly to maintain production, potentially leading to higher prices for consumers...

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ABC News Business • Jun 08, 2025

GFG puts Whyalla port company into administration after 'severe impact' on revenue

The decision to enter administration reflects the financial strain on the company resulting from disrupted operations and unresolved ownership conflicts involving government action...

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ABC News Business • Jun 08, 2025

The premier says WA is helping to reduce global emissions. Is there truth to this?

The extension of the North West Shelf Karratha project is expected to generate long-term revenue for WA while supporting international efforts to transition from coal to cleaner en...

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ABC News Business • Jun 06, 2025

Demand for Aussie beef outweighs Trump tariffs

Despite imposed tariffs, Australian beef continues to generate strong export revenues by maintaining substantial sales in the U.S. market, indicating resilient economic value in th...

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ABC News Business • Jun 06, 2025

Climate activists fined $10k each after Woodside stench gas media stunt

Three protesters were each required to pay a $10,000 penalty following their attempt to disrupt a corporate event by releasing a foul-smelling gas in central Perth.

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