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-
Live: Survey reveals how much parents give their children for property
via abc.net.au
Meanwhile, the ASX is set to open a little higher after mixed trade on Wall Street overnight. Follow the day's events and insights as they happen with our business reporters on the ABC News live markets blog. -
Live: China's economy beats expectations, ASX turns negative
via abc.net.au
New data shows China's economy grew 5.4 per cent annually in the fourth quarter, beating market expectations. Meanwhile a survey by UBS reveals the reach of the "bank of mum and dad", with 40 per cent of respondents giving or receiving cash last year. Follow live. -
Live: China's economy beats expectations, ASX flat
via abc.net.au
New data shows China's economy grew 5.4 per cent annually in the fourth quarter, beating market expectations. Meanwhile a survey by UBS reveals the reach of the "bank of mum and dad", with 40 per cent of respondents giving or receiving cash last year. Follow live. -
China's economy beats expectations but ASX turns negative — as it happened
via abc.net.au
New data shows China's economy grew 5.4 per cent annually in the fourth quarter, beating market expectations. Meanwhile a survey by UBS reveals the reach of the "bank of mum and dad", with 40 per cent of respondents giving or receiving cash last year. This is how the day unfolded. -
Why parents shouldn't feel bad about asking teens to chip in more at home
via abc.net.au
Asking young people to contribute more to the home isn't just teaching them about financial literacy, it can also be necessary to run a house. -
Outback Queenslanders plea for post office solution ahead of 'D-day' closure
via abc.net.au
Residents in Queensland's remote Gulf of Carpentaria may have to make a six-hour round trip to collect their mail once Burketown's only post office closes in February. -
Fears remote town will become 'even more isolated' once post office closes
via abc.net.au
Residents in Queensland's remote Gulf of Carpentaria may have to make a six-hour round trip to collect their mail once Burketown's only post office closes in February. -
'It wouldn't pass the pub test': Behind the push to put mandatory lighting on trains
via abc.net.au
More than 18,000 level crossings in Australia have little more than a stop sign to warn drivers to look out for freight trains hurtling towards them in the dark. A family-driven campaign is calling for a mandatory lighting solution, but the rail industry is fiercely resisting. -
1 in 5 level crossings are 'passive', but there could be a simple safety fix
via abc.net.au
More than 18,000 level crossings in Australia have little more than a stop sign to warn drivers to look out for freight trains hurtling towards them in the dark. A family-driven campaign is calling for a mandatory lighting solution, but the rail industry is fiercely resisting. -
Pub owner's plans turn to misery as insurers deny bushfire coverage
via abc.net.au
Asip Memishi's family pleaded with him to leave as he prepared to defend his pub from bushfire in Victoria's Grampians. He knew if it burned, he wouldn't be able to rebuild. -
Halls Gap bliss turns business misery as insurers deny bushfire coverage
via abc.net.au
Asip Memishi's family pleaded with him to leave as he prepared to defend his pub from bushfire in Victoria's Grampians. He knew if it burned, he wouldn't be able to rebuild. -
What the Fair Work Commission's decision means for Sydney's train network
via abc.net.au
A ruling by the Fair Work Commission will see the industrial action delaying Sydney's train services temporarily paused. But is the end of the story? -
Synergy boss David Fyfe resigns
David Fyfe has resigned as chief executive of the state-owned energy retailer Synergy to pursue other opportunities after more than four years in the top role. -
WA eases manufacturing procurement rules
The WA government has quietly updated its procurement policy to allow projects up to $5 million to be fulfilled by local manufacturers without a tender – up from $50,000. -
Two out the door at Tattarang
Two senior figures have revealed departures from Andrew and Nicola Forrest’s Tattarang in recent weeks, but the organisation says both will remain part of its business interests. -
At Close of Business podcast January 16 2025
Senior figures exit Tattarang; Strike Energy boss resigns; WA's employment statistics; and rainfall, approvals impact Rio Tinto. -
Vale Bill Burrell
The Taylor Burrell Barnett founding partner has been remembered for his many achievements in the town planning field. -
Australian shares rally on renewed hopes for Fed cuts
The ASX200 index has risen 1.4 per cent, with every sector gaining ground after US inflation came in cooler than expected. -
Strike Energy boss steps down
Stuart Nicholls will resign as chief executive and managing director of John Poynton-chaired Strike Energy, with directors Jill Hoffmann and Nev Power stepping in. -
Catalyst outlines focus for CY25
Fresh from news earlier this week that it was moving closer towards mining approval at its Trident gold project, Catalyst Metals has outlined its focus for the calendar year. -
Mixing lithium-ion battery chargers can be 'volatile', firefighters warn
via abc.net.au
Firefighters are urging people not to mix and match their lithium-ion battery chargers due to the increasing risk of a fire or explosion. There are concerns the risk of battery fires will increase as devices using lithium-ion become more popular. -
SA Energy Minister slams GFG over 350 iron mining job losses
via abc.net.au
Energy and Mining Minister Tom Koutsantonis says iron mining job losses linked to GFG's Whyalla steelworks 'could have been avoided'. -
Jobs surge splits rate cut predictions
A surge in jobs in December has economists split over whether the Reserve Bank is likely to cut rates in February, with some predicting a cut may not come until the second quarter of the year. -
Genesis toasts golden quarter
Genesis Minerals capped off a stellar quarter with record gold production, a hefty financial boost, and the early restart of its Laverton mill. -
BHP completes $3.2bn copper buy
BHP has reiterated its appetite for copper after the completion of a US$4 billion deal for Toronto-listed Filo Corp, locking in a plan to pursue the metal in South America alongside Lundin Mining. -
Canyon appoints Mtsambiwa as CFO
Subiaco-based junior Canyon Resources has appointed Kudzai Mtsambiwa as its chief financial officer, effective immediately. -
Security boss 'knowingly' underpaid $1m
The former operator of a Perth security company will face court for allegedly intentionally underpaying employees almost $1 million. -
NSW premier backs train fare refund for Sydney's train disruptions
via abc.net.au
NSW Premier Chris Minns says the government is looking "very closely" at giving people their money back over disruptions to Sydney's train network. -
NSW premier backs train fare refund as Sydney disruptions drag on
via abc.net.au
NSW Premier Chris Minns says the government is looking "very closely" at giving people their money back but is focused on ending its industrial dispute with the rail union. -
Rain, approvals weigh on Rio
Rio Tinto expects inflation and lower production from its Pilbara iron ore mines to push costs to the upper end of 2024 guidance, as it navigates the impacts of rainfall and slow approvals in the region. -
Drake sues his label for defamation over Kendrick Lamar's 'Not Like Us'
via abc.net.au
Drake is suing his label, Universal Music Group, for defamation over Kendrick Lamar's track 'Not Like Us', a move the record company calls "illogical". -
Unemployment edges back to 4pc, despite 56,000 extra jobs
via abc.net.au
Australia's unemployment has risen to 4 per cent, but only because more people are looking for work. -
More Australians in work than ever before might be bad news for borrowers
via abc.net.au
Financial traders are still seeing about a 70 per cent chance that the Reserve Bank will cut interest rates in February, despite a 56,000-strong surge in jobs setting a number of employment records. -
Jobs boom won't derail February rate cut, traders bet
via abc.net.au
Financial traders are still seeing about a 70 per cent chance that the Reserve Bank will cut interest rates in February, despite a 56,000-strong surge in jobs setting a number of employment records. -
MLG Oz books contracts worth $45m
Kalgoorlie-based heavy haulage company MLG Oz has won a series of contracts with gold miner Northern Star, valued at $45 million. -
PM freshens up cabinet ahead of election
A retiring minister's portfolio has been divided between three colleagues as the prime minister freshens up his cabinet ahead of the federal election. -
Aly named junior NDIS minister in reshuffle
With political stalwart Bill Shorten set to step away from parliament in the coming days, WA MP Anne Aly has been named junior NDIS minister alongside Amanda Rishworth, who will take the portfolio.
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