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 • May 19, 2025

Only two ship anchors prevented 'catastrophic' oil spill, report finds

The presence of just two anchors on the bulk carrier likely averted extensive environmental damage, potentially saving millions in cleanup costs and legal liabilities associated wi...

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ABC News Business • May 19, 2025

Trump tariffs, ore price cited as Tasmanian smelter announces 'limited operations'

The decision to reduce smelter activity in northern Tasmania reflects economic challenges stemming from restricted raw material availability and increased costs linked to internati...

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ABC News Business • May 18, 2025

Closed recruitment of ex-gas boss to 'extraordinary' public job criticised

The appointment of a former gas industry leader to a well-compensated public role with significant authority has raised concerns about transparency and potential financial implicat...

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ABC News Business • May 18, 2025

Cost blowout for AFL high-performance centre with Tasmania to pay $45m more

The Tasmanian government faces a significant budget increase as expenses for constructing the new AFL training facility for the Tasmania Devils have risen by $45 million beyond ini...

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ABC News Business • May 18, 2025

Live: ASX set to slip after US credit downgrade

The downgrade of the US credit rating by Moody's may prompt cautious investor behavior, potentially leading to a decline in the ASX as market participants reassess economic risks.

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ABC News Business • May 18, 2025

Telstra claimed to cover 99.7pc of the population. Now, its website's changed

Vodafone alleges that Telstra’s previously reported population coverage figures may have been inaccurate, potentially affecting consumer decisions and impacting fair competition wi...

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ABC News Business • May 18, 2025

Steph separated from her ex years ago. Then she got a $35,000 bill

Recent notices demanding tens of thousands of dollars from residents have raised concerns about the current stamp duty concession framework, prompting calls for legislative review...

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ABC News Business • May 16, 2025

Victorian councils 'deeply reluctant' to enforce controversial levy

Several local governments in Victoria are concerned that widespread non-payment of the emergency services charge could lead to decreased funding for essential public services and b...

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ABC News Business • May 16, 2025

'We're talking millions of dollars': Roberts-Smith facing huge costs bill

The legal team representing Roberts-Smith is expected to incur substantial expenses as they thoroughly review the detailed grounds outlined in the recent appeal dismissal over the...

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ABC News Business • May 16, 2025

Historic saleyard operating at a loss faces closure

The potential shutdown of the long-standing livestock market highlights concerns over its substantial operational expenses, which may result in significant financial burdens for lo...

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ABC News Business • May 16, 2025

Ozempic-maker Novo Nordisk ousts CEO after shares plummet

Novo Nordisk's decision to replace its CEO follows a significant decline in the company’s stock value, underscoring the financial impact of recent market challenges on the pharmace...

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ABC News Business • May 16, 2025

Desperate farmers scramble for hay as drought bites

Rising demand for hay amid dry conditions has led to notable price increases in Australia, reflecting significant financial strain on farmers who are purchasing more supplies than...

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ABC News Business • May 15, 2025

Live: Rate cuts forecast for both Australia and US

The potential reduction in interest rates by central banks in Australia and the US could influence borrowing costs and economic activity, affecting financial markets and investment...

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ABC News Business • May 15, 2025

Why $1 million is far from an all-access pass to the housing market

The increase in properties priced over $1 million from under 10 percent to more than 34 percent in ten years highlights growing affordability challenges within the housing market.

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ABC News Business • May 15, 2025

Trump says India has offered 'no tariffs' on US goods in trade negotiations

The announcement highlights potential changes in trade dynamics between the two countries, which could impact export revenues and influence investment decisions within the technolo...

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ABC News Business • May 15, 2025

The bond market is flashing red and market turbulence is far from over

Rising US Treasury yields indicate increased investor confidence, as funds shift from fixed-income securities to equities, potentially affecting borrowing costs and signaling evolv...

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ABC News Business • May 15, 2025

Employment surges in April and unemployment rate holds steady

The unexpected increase in job creation during April contributed to a stable unemployment rate, indicating positive momentum in the labor market that may influence future economic...

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ABC News Business • May 14, 2025

Trade wars and AI drive demand for critical mineral unearthed in WA

The growing need for advanced technology, coupled with global economic tensions, is anticipated to significantly increase the market value and extraction of gallium, a key componen...

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ABC News Business • May 14, 2025

Hefty cost for business after Yorke Peninsula's 24-hour blackout

The recent 24-hour power outage affecting thousands of properties on Yorke Peninsula has led many local businesses to face significant unprotected financial losses, highlighting th...

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ABC News Business • May 14, 2025

SES members hope controversial funding path will pass

The proposed legislation to generate revenue for Victoria's emergency services via a new levy is anticipated to be reconsidered in parliament following a recent postponement.

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ABC News Business • May 14, 2025

Live: Tech stocks continue to gain but Wall St ends mixed

Major technology firms helped push overall market gains during US trading, although the broader Wall Street indices closed with varied results, while Australian futures suggest a p...

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ABC News Business • May 14, 2025

Should government pay for business woes over Sydney's light rail?

The High Court case involving Sydney businesses and Transport for NSW may influence future policies on government compensation for economic losses linked to major infrastructure pr...

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ABC News Business • May 14, 2025

Judge fines gold mining company for 'mercenary' drilling at sacred site

The company faced a $160,000 penalty due to unauthorized mineral exploration activities at a culturally important location, highlighting financial risks associated with regulatory...

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ABC News Business • May 13, 2025

Breaking: Macquarie sued for allegedly misreporting millions of short sales

The legal action against Macquarie could potentially impact its financial standing and investor confidence due to allegations of incorrect reporting related to extensive short sell...

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ABC News Business • May 13, 2025

Live: ASX to rise, US-China trade relief sparks Nasdaq tech surge

Investor confidence strengthened due to easing trade tensions between the US and China, encouraging gains in Australian stocks and technology companies, despite ongoing concerns ov...

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ABC News Business • May 13, 2025

Woodside's new Browse Basin gas plan explained

Woodside’s updated Browse Basin project, currently under public review, aims to balance development with environmental concerns, potentially influencing future regional energy inve...

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ABC News Business • May 13, 2025

Whyalla steelworks port ownership dispute triggers law change

The government’s clarification of ownership aims to resolve conflicts impacting operations and investments at the Whyalla port, which is critical for the region’s economic and indu...

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ABC News Business • May 12, 2025

Live: US-China tariffs 'deal' spurs stock surge, Australian futures tip lift

The agreement between the United States and China involving reduced tariffs has positively influenced stock prices in the US, while market indicators point to potential gains in Au...

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ABC News Business • May 12, 2025

Natural disasters leave NSW councils facing $3.4b road repair bill

Severe weather events have caused extensive damage to road infrastructure in NSW, resulting in substantial repair costs that are challenging for financially constrained local counc...

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ABC News Business • May 12, 2025

US and China agree to slash tariffs during 90-day pause

The recent agreement between the US and China to temporarily reduce trade barriers is expected to impact economic activities by potentially lowering costs for businesses and consum...

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