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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...
Read Full Article →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...
Read Full Article →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...
Read Full Article →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...
Read Full Article →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.
Read Full Article →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...
Read Full Article →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...
Read Full Article →'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...
Read Full Article →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...
Read Full Article →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...
Read Full Article →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...
Read Full Article →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...
Read Full Article →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...
Read Full Article →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...
Read Full Article →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...
Read Full Article →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...
Read Full Article →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...
Read Full Article →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...
Read Full Article →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...
Read Full Article →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...
Read Full Article →'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...
Read Full Article →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...
Read Full Article →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...
Read Full Article →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...
Read Full Article →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...
Read Full Article →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...
Read Full Article →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...
Read Full Article →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...
Read Full Article →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...
Read Full Article →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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