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Live: Local share market in for modest start after 'underwhelming' session on Wall Street
via abc.net.au
The ASX 200 is in for a modest start to trade on Wednesday after the RBA's latest interest rate decision, while Wall Street's recent rally lost steam as investors wait for the latest inflation data out of the US next week. Follow live.
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Live: ASX rises as post-RBA momentum continues despite 'underwhelming' session on Wall Street
via abc.net.au
The ASX 200 is trading slightly higher on Wednesday after the RBA's latest interest rate decision, while Wall Street's recent rally loses steam as investors wait for the latest inflation data out of the US next week. Follow live.
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ASX rises slightly as post-RBA meeting momentum continues despite 'underwhelming' session on Wall Street
via abc.net.au
The ASX 200 finishes 0.1 per cent higher after the RBA's latest interest rate decision, while Wall Street's recent rally loses steam as investors wait for the latest inflation data out of the US next week.
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Where is Darwin's half-a-billion-dollar ship lift up to, and what's behind the costly delays?
via abc.net.au
NT Chief Minister Eva Lawler says her government's embattled ship lift project is back on track, after almost a decade of cost blowouts and delays.
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Footy fan Hayley Mabbett was sexually harassed on her way home from a game. She caught it on camera
via abc.net.au
The head of the National Women's Safety Alliance is outraged by harassment and victim blaming after a footy fan captures threats of sexual violence against her on camera.
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Prawn fishermen focusing on quality over quantity in Gulf as suspension of support services hits bottom line
via abc.net.au
Prawns off Queensland's northern coast will be tasty and fresh in supermarkets this season, but fishermen are still reeling from Sea Swift's mothership suspension, forcing fuel and supply costs to rise.
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One state dominates the top 10 places to live in Australia, new data shows
via abc.net.au
The index looks at seven wellbeing indicators including wealth, employment, and work-life balance. Find out where your region ranks.
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How liveable is your city? Here's our interactive map revealing Australia's best regions
via abc.net.au
From wealth to housing, health and environment — see how hundreds of regions across the country compare when it comes to wellbeing.
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What's more important koalas or nearly 2,000 new homes?
via abc.net.au
In March, Ipswich City Council quietly approved a housing plan, which will see almost 2,000 homes built on native bushland. A resident has now penned a letter to nature broadcaster Sir David Attenborough, inviting him to visit the forest on his next Australian tour.
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This resident is so worried about bushland being felled for housing he's asked David Attenborough to help
via abc.net.au
In March, Ipswich City Council quietly approved a housing plan, which will see almost 2,000 homes built on native bushland. A resident has now penned a letter to nature broadcaster Sir David Attenborough, inviting him to visit the forest on his next Australian tour.
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New development described as 'total vandalism', destroying koala habitat
via abc.net.au
In March, Ipswich City Council quietly approved a housing plan, which will see almost 2,000 homes built on native bushland. A resident has now penned a letter to nature broadcaster Sir David Attenborough, inviting him to visit the forest on his next Australian tour.
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'Recycling tax' to be scrapped in federal budget after warnings it would send more waste to landfill
via abc.net.au
A levy due to be imposed on rubbish being sent offshore for recycling will be formally scrapped in next week's federal budget as the federal government responds to warnings it would have sent more waste to landfill.
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Suzie was 'floored' when her mobile provider kept trying to increase the price of her fixed-term phone contract
via abc.net.au
Consumers are being further squeezed by expensive phone bills as Australia's biggest telcos hike prices in response to inflation and rising operational costs.
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Millions of Australians brace for higher phone bills as telcos hike prices with inflation
via abc.net.au
Consumers are being further squeezed by expensive phone bills as Australia's biggest telcos hike prices in response to inflation and rising operational costs.
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One of WA's most isolated airstrips to be allocated multi-million-dollar upgrade in state budget
via abc.net.au
Long-awaited funding to seal a flood-prone runway on the Nullarbor is part of $29.3 million plan — announced ahead of Thursday's state budget — to upgrade regional and remote airstrips.
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Firebird upbeat following feasibility study
Subiaco-based Firebird Metals closed trade 11 per cent higher on Tuesday, following positive findings from its battery grade manganese sulphate feasibility study, in relation to stage one production in China.
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Supermarkets inquiry calls for hefty fines for grocers who mistreat suppliers
via abc.net.au
A Greens-led Senate inquiry on supermarket pricing calls for hefty fines for grocers who mistreat suppliers, but recommendations to forcibly break-up retailers and make price gouging illegal fail to attract broad support.
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At Close of Business podcast May 7 2024
Nadia Budihardjo and Mark Pownall discuss a new player in the Dunsborough wine market.
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White Gum Valley apartment block sells
The $4 million property was purchased by a group of owners.
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This type of abuse affects one in six women, yet it's still under-recognised
via abc.net.au
In 2017, Shenane Hogg woke from a nine-month induced coma following an attack from her then-partner. The incident had been the last in a series of physical assaults, but she says the first red flag in the relationship was much more subtle.
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Shenane woke from a coma to find she was $56,000 in debt. This is how she fought her way back
via abc.net.au
In 2017, Shenane Hogg woke from a nine-month induced coma following an attack from her then-partner. The incident had been the last in a series of physical assaults, but she says the first red flag in the relationship was much more subtle.
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Iluka boss condemns China’s rare earths monopoly
Iluka Resources boss Tom O’Leary has taken a shot at China’s “monopolistic production” of rare earths and warned of the country's preparedness to “weaponise” its control.
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RBA interest rate hold prompts stock upswing
The ASX200 finished up across the board after the Reserve Bank elected to hold fire on raising interest rates despite fears of lingering inflation.
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Premier1 appoints new MD
Aspiring exploration company Premier1 Lithium has appointed Jason Froud as its managing director.
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Farmers to get $519m boost
The federal government will invest $519.1 million to help farmers prepare for drought, particularly in regional Western Australia and Tasmania.
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Horizon to front $166m Woodside grid connection cost
A plan to deliver transmission infrastructure connecting Woodside’s Pluto LNG plant and Maitland solar farm to the state’s North West Interconnected System will cost $166.3 million.
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Good Drinks remains on track
Good Drinks Australia says it remains focused on increasing volume, revenue and market share growth for the remainder of the 2024 financial year, following a productive March quarter.
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Court orders billionaire developer can be stripped of Double Island resort lease but leaves final decision to minister
via abc.net.au
The Queensland Land Court rules in favour of stripping Hong Kong based billionaire, Benny Wu, of the Double Island resort lease but leaves the final decision in the hands of Resources Minister Scott Stewart.
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Barrister criticises developer's 'derelict resort'
via abc.net.au
The Queensland Land Court rules in favour of stripping Hong Kong based billionaire, Benny Wu, of the Double Island resort lease but leaves the final decision in the hands of Resources Minister Scott Stewart.
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Stirling boost amid fresh leadership
A cohort of highly experienced and qualified personnel will step up to Defence leadership roles.
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'Too soon to declare victory' as RBA governor Bullock says she can't rule out another rate rise
via abc.net.au
Reserve Bank keeps interest rates on hold at 4.35 per cent, but vows to remain vigilant and warns it "is not ruling anything in or out".
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Reserve Bank keeps interest rates on hold at 4.35 per cent
via abc.net.au
Reserve Bank keeps interest rates on hold at 4.35 per cent, but vows to remain vigilant and warns it "is not ruling anything in or out".
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RBA holds cash rate steady
The Reserve Bank of Australia continues to hold the cash rate steady at 4.35 per cent at its third board meeting of the year.
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Federal government throws support behind Canberra's light rail Stage 2B with $50 million committed to planning
via abc.net.au
The federal government is showing its support for Stage 2B of Canberra's light rail by committing $50 million to planning the 10-kilometre extension from Commonwealth Park to Woden.
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Missing man Paddy Moriarty's Larrimah home sells at auction for $32k
via abc.net.au
A South Australian buyer who phoned in to the auction was the winning bidder, and is understood to want to use Paddy Moriarty's former home as an NT base for winter escapes.
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AVL updates mineral resource estimate
Mineral exploration company Australian Vanadium has announced an updated mineral resource estimate for its namesake project in Meekatharra.
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Who are the winners and losers in Victoria's 2024 state budget?
via abc.net.au
Families with school-aged children are among the biggest winners in this year's budget. But as the government grapples with rising debt, there are some cuts and delays to major projects.
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Affected Bonza customers hit 57,000 mark
Administrators found Australia's low-cost airline Bonza owes money to tens of thousands of creditors, a lawyer claims in the Federal Court of Australia.
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Victorian ratepayers asked to help with budget repair as debt soars to record highs
via abc.net.au
Popular major projects – including the Airport Rail Link — have been put on the backburner as part of the Victorian government's pitch to be more fiscally responsible, in Treasurer's Tim Pallas's 10th budget.
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Victoria confirms four-year delay for Airport Rail Link in state budget
via abc.net.au
Popular major projects – including the Airport Rail Link — have been put on the backburner as part of the Victorian government's pitch to be more fiscally responsible, in Treasurer's Tim Pallas's 10th budget.
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Remote residents resorting to network of extension cords to keep the lights on, but help is on the way
via abc.net.au
Residents in Embalgan, north of Broome, are using long power cords from a costly diesel generator to supply their electricity, as the state government rolls out upgrades in remote communities.
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Upcoming 'poverty placement' payment is a 'slap in the face', students groups say
via abc.net.au
Student groups have described a Commonwealth payment aimed at combating "placement poverty" as "a slap in the face" that's too little, too late, and voiced concerns a means test will restrict access.
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Upcoming 'placement poverty' payment is a 'slap in the face', students groups say
via abc.net.au
Student groups have described a Commonwealth payment aimed at combating "placement poverty" as "a slap in the face" that's too little, too late, and voiced concerns a means test will restrict access.
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'Slap in the face': Students say 'poverty placement' payment doesn't go far enough
via abc.net.au
Student groups have described a Commonwealth payment aimed at combating "placement poverty" as "a slap in the face" that's too little, too late, and voiced concerns a means test will restrict access.
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Centuria buys Halls Head Central
The $70 million purchase marks the second largest retail transaction this year in WA and was sold at 40 per cent below its replacement value.
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State govt to incentivise vacant property owners onto rental market
The state government will offer owners of vacant properties a $5,000 incentive to put their houses on the rental market, in a bid to unlock housing stock.
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Federal court hears Bonza creditors' meeting "would need a stadium" with 60,000 affected customers
via abc.net.au
More details emerge over the full extent of the budget airline's collapse with nearly 60,000 customers and 120 suppliers owed money.
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Treasurer flags welfare measures in next week's budget
via abc.net.au
Next week's budget will see an increase in welfare payments, Treasurer Jim Chalmers reveals, while warning the government needs to be careful about what it can afford.
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Aussie nest eggs being drained by dodgy cold-callers
Workers are being warned to be wary of cold callers using dodgy tactics to bait them into switching super products at the detriment of their retirement savings.
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Wayfinder cellar door to Dunsborough
After six years of development in WA and Tasmania, a new player has launched a retail presence in the busy tourist town.
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