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Live: Stocks to rise despite Australia being 'no closer' to a RBA rate cut, as Star Casino announces bailout
via abc.net.au
Australian stocks are poised to rise the day after monthly inflation data showed the country "is no closer" to a rate cut than it was after the RBA's meeting on Tuesday. Follow the day's events and insights as they happen with our business reporters on the ABC News live markets blog.
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Live: Australian stocks poised to rise despite economy being 'no closer' to a RBA rate cut
via abc.net.au
Australian stocks are poised to rise the day after monthly inflation data showed the country "is no closer" to a rate cut than it was after the RBA's meeting on Tuesday. Follow the day's events and insights as they happen with our business reporters on the ABC News live markets blog.
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ASX closes higher, Star Casino announces bailout, Qantas engineers pursue industrial action — as it happened
via abc.net.au
The ASX snapped a three-day losing streak on Thursday, Star Casino announced a bailout, and Qantas management said they were prepared for this weekend's industrial action. Look back on our business blog to see how the day's events unfolded.
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Tips and tricks for shrinking your supermarket spending
via abc.net.au
Many of us are looking to save money at the grocery shop, but it's not always that simple. Here are a few pointers that could make a difference.
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Dutton's plan for nuclear power will open up a $70 billion gas gap, Labor says
via abc.net.au
Closing the nuclear-energy electricity gap with gas power will cost $70 billion, boost emissions by 325 million tonnes, and increase gas usage through to 2035 by five times annual production, according to new Labor analysis.
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Major supermarkets are only split by $1.20 at the check-out, according to new survey
via abc.net.au
Basic grocery items are still cheaper at Aldi when compared with Coles and Woolworths, according to consumer group Choice, which has again found little price difference between the two major grocers.
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Choice report finds cost of basket of goods at Coles and Woolworths is 'almost identical'
via abc.net.au
Basic grocery items are still cheaper at Aldi when compared with Coles and Woolworths, according to consumer group Choice, which has again found little price difference between the two major grocers.
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'Too little, too late': New China stimulus blitz faces scepticism from economists
via abc.net.au
China has announced a broad suite of stimulus measures, but analysts are sceptical about whether they are enough to kickstart a sluggish economy.
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China unveils 'most aggressive stimulus' package since pandemic, but is it enough?
via abc.net.au
China has announced a broad suite of stimulus measures, but analysts are sceptical about whether they are enough to kickstart a sluggish economy.
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ABC chair Kim Williams calls for return of China correspondent to mark 'profound' importance of Beijing on world stage
via abc.net.au
Kim Williams says the ABC is "eager to restore" a bureau in Beijing after the last correspondent was forced to leave in 2020.
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ABC chair calls for return of China correspondent to mark 'profound' importance of Beijing on world stage
via abc.net.au
Kim Williams says the ABC is "eager to restore" a bureau in Beijing after the last correspondent was forced to leave in 2020.
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ABC chair calls for return of China correspondent
via abc.net.au
Kim Williams says the ABC is "eager to restore" a bureau in Beijing after the last correspondent was forced to leave in 2020.
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Qantas engineers to strike
Qantas Engineers’ Alliance has announced a series of rolling strikes that will start on Thursday, to support the union’s call for increased wages.
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Aerison accuses ex-employees of corporate espionage
Perth engineering firm Aerison is suing its competitor Innovent Engineering Group and seven of its former employees who have been linked to divulging trade secrets.
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Rabbitohs return to Perth in 2025
The South Sydney Rabbitohs’ longstanding commitment to rugby league in Western Australia has continued, with the foundation club heading west again next season.
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Hanwha walks from Austal pursuit
South Korean company Hanwha Ocean has walked away from its $1 billion pursuit of shipbuilder Austal, accusing the target of not engaging constructively in a due diligence process.
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Dollar hits 19-month high, miners gain as banks fall
The ASX200 dropped 0.2 per cent, while miners gained and the local currency hit its highest level in 19 months on China's aggressive stimulus measures.
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Nine’s Parker promoted to national role
Nine Entertainment’s Perth director of news Gareth Parker will become the latest senior WA media figure to leave the state, taking up a Sydney-based role with the organisation.
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Michelle Brasier went into debt to keep up with rich kids. Here's why she doesn't regret it
via abc.net.au
For Pay Day, actor and writer Michelle Brasier talks about getting out of debt through making art, the bread that will be her "financial ruin" and learning not to regret past financial decisions.
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Is the kangaroo label confusing? Locally-owned businesses call for clearer Australian Made labelling
via abc.net.au
It is an iconic Australian logo, but a coalition of businesses want Aussie-made logos to be made clearer after a survey finds more than half of consumers are being misled into buying foreign-owned products.
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At Close of Business podcast September 25 2024
Liv Declerck and Claire Tyrrell discuss the not-for-profit sector and the way charities are adapting to challenges.
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Two depart from Agrimin board
Potash aspirant Agrimin has announced a series of board changes, a day after positive conversion and flotation results from its flagship Mackay potash project were released to the market.
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$20bn rush into iron ore miners
A Chinese stimulus package announced yesterday afternoon designed to spark property investment has resulted in a $20.4-billion boost to WA’s iron ore players on the stock exchange.
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Take a broad view of tertiary time
OPINION: A university degree is about much more than possible employment outcomes.
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FlyOnE partners with Swiss manufacturer
Perth-based electric aviation company FlyOnE has announced a major partnership with Switzerland-based electric aircraft manufacturer Smartflyer for the purchase of 30 aircraft.
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FlyOnE inks partnership with Swiss manufacturer
Perth-based electric aviation company FlyOnE has announced a major partnership with Switzerland-based electric aircraft manufacturer Smartflyer for the purchase of 30 aircraft.
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A class above leagues below
A recent visit aboard a nuclear-powered US submarine at Garden Island revealed some of the defence sector’s Aukus urgency.
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Bannerman extends FID window
Mid-cap uranium developer Bannerman Energy has delayed a potential final investment decision at its Etango project in Namibia until next year.
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Packer's bid to thwart ERA offer unsuccessful
The Takeovers Panel has opted to steer clear of intervening in Energy Resources of Australia's $880 million offer which could give Rio Tinto full control of the uranium miner.
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Packer unsuccessful in bid to thwart ERA offer
The Takeovers Panel has opted to steer clear of intervening in Energy Resources of Australia's $880 million offer, which could give Rio Tinto full control of the uranium miner.
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Packer bid to thwart ERA offer unsuccessful
The Takeovers Panel has opted to steer clear of intervening in Energy Resources of Australia's $880 million offer, which could give Rio Tinto full control of the uranium miner.
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Hartman exits Tattarang board
The man who runs Andrew and Nicola Forrest’s private business empire has exited the board of their peak company but the group insists it is business as usual.
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Food farmers' commissioner to take on 'mafia tactics' of Coles and Woolies
via abc.net.au
In his first day on the job Charles Burke has laid down the gauntlet to major supermarkets with his newly-installed power to report behaviours and business practices that hurt farmers and consumers.
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Getting creative to close funding gap
Mergers, partnerships and innovation are among the solutions to challenges facing the not-for-profit sector.
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Esperance to ease trading restrictions
The south coast town is the third regional local government in recent months to vote on an extension of its trading hours
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Embattled steelworks behind in payments, with SA government acknowledging possibility of administration
via abc.net.au
The SA government says it has sought advice from insolvency experts about the situation at the Whyalla steelworks, with the premier acknowledging contingency plans are being made for every possible "eventuality", including "something going wrong".
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Mining giant offers small WA town a multi-million-dollar deal in return for airport control
via abc.net.au
Mineral Resources is looking to take a 21-year lease at WA's Kambalda Airport, in a deal set to inject millions of dollars into the local council's coffers.
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Billionaire miner seeks control of country town's airport as shuttle point for FIFO fleet
via abc.net.au
Mineral Resources is looking to take a 21-year lease at WA's Kambalda Airport, in a deal set to inject millions of dollars into the local council's coffers.
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Inflation down to 2.7pc for August
The nation’s inflation rate has eased to 2.7 per cent in August, its lowest reading in two and a half years, according to fresh figures form the Australian Bureau of Statistics.
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'Flowers for men': Shop clears $10k a week in jerky sales amid keto-driven dried meat boom
via abc.net.au
With a growing emphasis on healthy, protein-rich diets among families and households, consumers are turning to alternative approaches to snacking on the go.
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Country shop clearing $10,000 worth of beef jerky a week as diet and consumer demands shift
via abc.net.au
With a growing emphasis on healthy, protein-rich diets among families and households, consumers are turning to alternative approaches to snacking on the go.
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Macquarie handed record ASIC fine
Macquarie Bank has received a record fine from ASIC after an investigation found the institution failed to prevent suspicious orders on the electricity futures market.
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Macquarie Bank handed record ASIC fine
Macquarie Bank has received a record fine from ASIC after an investigation found the institution failed to prevent suspicious orders on the electricity futures market.
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Opportunity to think like an Olympian
Brendyn Appleby knows what is required to succeed across all levels of the Australian sporting pyramid.
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Western Power fined $40k
The building and energy department is fining the government-owned utility, following an electric shock in Manning.
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Birds a focus in Frontier’s growth plan
Mark McGowan-chaired renewables aspirant Frontier Energy says rare cockatoos will be front of mind, as it starts environmental work on a 565-hectare expansion area at its Waroona project.
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Coal train stopped by activists protesting federal approval of NSW mine extensions
via abc.net.au
Rising Tide protesters have climbed onto a coal train near Newcastle, calling for the federal government to reverse its approval for three coal mines to extend their operations for another three to four decades.
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Headline inflation drops to 2.7pc, down from 3.5pc, as energy rebates kick in
via abc.net.au
That huge slowdown in the pace of headline inflation was expected, but economists say it needs to be interpreted cautiously.
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What’s happening with Diddy? The past, present and future of Sean Combs
via abc.net.au
Sean “Diddy” Combs has been a revered artist and entrepreneur in the world of hip hop since the early '90s. Now, he’s awaiting trial on charges of sex trafficking and racketeering. How did we get here?
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Astral taps investors for $25m
South Perth-based junior Astral Resources plans to raise $25 million in order to further accelerate exploration at its Mandilla and Feysville gold projects in the Goldfields.
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