News

New home supply to hit decade low

Toro Energy has flagged its intent to begin a significant sonic core drilling program at its Wiluna uranium-vanadium project, located in Western Australia's mid-west region.

The local share market has finished 0.1 per cent higher ahead of meetings this week by the RBA, the Bank of Japan, the Fed and the Bank of England.

Shares in uranium exploration company Bannerman Energy rose on Monday, following an expansion scoping study at its flagship Etango project in Namibia.

Gold exploration company Regis Resources has announced its overall March quarterly production has been impacted by heavy rain.

Uber has agreed to settle a long-running court battle for $271.8 million, finally giving taxi and hire car drivers the compensation they deserve, lawyers say.

PwC global’s secret path to control                     

Local businesses are grappling with surging costs of doing business with one in five saying they’re at risk of closing or scaling back, according to a new survey.

The ASX200 dropped 2.3 per cent for the week, but recovered from most of its heavy Friday morning losses in the afternoon.

Tens of thousands of aged-care workers will receive a major pay rise after the Fair Work Commission recommended a landmark increase.

US retail sales rebound in February weekly jobless claims fall; petrol, food boost US producer prices in February.

NSW push to ditch GST formula

A panel of experienced professionals within the energy industry have had their say on the importance of cultural collaboration and understanding.

The ASX200 finished 0.2 per cent lower in its third straight day of quiet trading, with heavy losses for the Big Four retail banks.

Iron ore hit, jobs to weigh on budget

Shares in manganese developer Firebird Metals rose by 9 per cent on Wednesday to 12 cents per share, following news that the company had signed a strategic cooperation agreement with China National Chemistry Southern Construction, a large-scale chemical engineering company.

The ASX has closed 0.2 per cent higher, climbing for a second day despite a consumer price index report showing inflation creeping up in the US.

Experienced mining executive Greg Lilleyman has been appointed Caravel Minerals' strategic board adviser.

Bellevue Gold's positive start to the week has continued, after it posted a $2.18 million net profit after tax for the first six months of the 2024 financial year.

Increased risk of elder abuse, robbery and lower home-buying capacity are among the effects of remote town bank closures revealed at a Senate inquiry.

Commonwealth Bank has apologised after an outage overnight locked customers out from their accounts.

Bankers Dimon and Lowe see upside risks on interest rates

The ASX200 finished up 0.1 per cent ahead of another inflation readout from the US that could influence the pace of interest rate cuts this year.

Bellevue Gold has announced its monthly production increased by 28 per cent in February - from 10,475 ounces to 13,364oz - on the back of higher grades, coupled with underground stoping ore.

Pilbara-focused Red Hawk Mining will raise $12.5 million in order to advance operations at its flagship Blacksmith iron ore project, 70 kilometres north-west of Tom Price.

Mineral sands producer Sierra Rutile remains hopeful of reaching an agreement with the government of Sierra Leone regarding amendments to the fiscal regime agreement between the parties.

Uranium explorer Deep Yellow, led by John Borshoff, is seeking to raise $250 million via a two-tranche placement and additional share purchase plan, the company told the market yesterday.

Chalmers: Growth ambitions too low for defining decade

Every sector has lost ground in broad-based selling ahead of another important US inflation readout seen as key in determining the speed of rate cuts.

March 2024 quarterly production at Capricorn Metals' Karlawinda gold project has been affected by heavy rain.

The federal treasurer has outlined a number of priority policy areas for reforming regulation and turbocharging productivity at a business conference.

Chalmers to abolish 500 tariffs