News

The government claims it's anti-scam efforts are working after Australians' losses to scams declined for the first time in seven years.

Watchdog drops cases over CFMEU

The ASX200 has fallen 1.4 per cent as investors fear persistent inflation could convince the Reserve Bank to raise interest rates once more.

BHP lobs $60b copper play for Anglo American

The ASX200 gave up its gains to finish unchanged after a hotter-than-expected domestic CPI report made interest rate cuts less likely this year.

Australia's inflation rate has moderated further, despite coming in slightly above expectations at 3.6 per cent in the 12 months to March.

ASIO warns big tech on encryption

Exploration company Chalice Mining has announced an updated mineral resource estimate for its Gonneville nickel-copper-platinum project, located 70km north-east of Perth.

The ASX200 finished up 0.45 per cent, although goldminers, coalminers and uranium developers all ended well into the red.

Local stockbroker and investment banker Tony Cunningham has died aged 55.

Lithium Australia chief executive officer and managing director Simon Linge is pleased with the company's progression heading into the final quarter of the 2024 financial year.

Shares in Super Pit owner Northern Star Resources dipped early on Tuesday, following the release of its March 2024 quarterly update.

Chalmers' tune disputed

The ASX200 climbed 1.1 per cent, with every sector in the green except for energy after the threat of war between Israel and Iran appeared to fade.

Shares in ASX-listed WIA Gold rose by 18 per cent on Monday, following news that the company would raise $16.9 million in order to enhance project growth and exploration activities.

Mark Zeptner-led Ramelius Resources is eying an annual company production record for the 2024 financial year, following a bumper March 2024 quarter.

ASX-listed International Graphite has received an additional $6.5 million grant from the state government, in order to accelerate progression of its downstram processing operations in Collie.

Outlook is ‘fraught and fragile'

The ASX200 fell one per cent on Friday to end a horror week for equity traders as rising tensions between Israel and Iran sent bonds and oil prices soaring.

Businesses raise alarm on lawsuits

The ASX200 finished up 0.5 per cent as rising commodity prices helped the minerals-heavy index bounce back from a five-day losing streak.

First productivity chief calls for Labor U-turn

The ASX200 finished down 0.1 per cent, giving up its modest morning gains, as Fed chairman Jay Powell spoke of keeping rates high for longer.

Anthony Albanese says a $400 million loan to the critical minerals sector will help expand exports into nearby southeast Asia.

The first national defence strategy will see a $50 billion boost to the sector over the next 10 years.

Woolies, Greens in fiery clash over profit metrics

The ASX200 index has suffered its second-worst loss in 13 months, dropping to an eight-week low as prospects dimmed further for quick US rate cuts.

Woolworths chief executive Brad Banducci has defended the supermarket's practices at a fiery parliamentary inquiry hearing.

Lehrmann raped Higgins, judge finds, but no Morrison cover-up

The ASX200 closed down 0.5 per cent to hit a nearly four-week low after Iran fired hundreds of missiles and drones at Israel.

Andrew and Nicola Forrest's Minderoo Foundation is understood to be cutting up to 100 roles from the philanthropic entity following an “organisational redesign”.

A budget surplus is "still our goal" but the degree of difficulty has risen with global economic uncertainty hitting tax revenue, Treasurer Jim Chalmers says.