A significant interest rate reduction by the Reserve Bank of Australia (RBA) is on the horizon, with market expectations suggesting a potential cut of up to 50 basis points. Diana …
money
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- National
Billionaire Adrian Portelli Sparks Massive Queues with Supermarket Gift Card Giveaway
by adminAustralian billionaire Adrian Portelli has made headlines by distributing substantial amounts of supermarket gift cards at shopping centres across Queensland. Today, he began his charitable initiative at Coles Nerang on …
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During a press conference in Sydney, Opposition Leader Peter Dutton warned that Australia is on the brink of a recession. He attributed the looming economic downturn to the policies of …
- National
Monarchist Group Proposes New Design for $5 Note Ahead of Significant Change to Banknotes
by adminThe Australian Monarchist League is advocating for a redesign of the $5 note to feature a portrait of King Charles III, replacing the current design which has depicted the late …
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Wealthy business leaders are voicing strong opposition to US President Donald Trump’s proposed tariffs on international trade, amidst growing concerns for the global stock market. Notably, billionaire investor Bill Ackman …
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A man from Berridale in the Snowy Mountains is celebrating a life-changing win after claiming a $1.2 million jackpot in the Lotto, marking his first significant win in over a …
- National
Expert Warns: Bloodbath in Stock Market Could Already Affect Australian Superannuation Balances
by adminThe recent turmoil in the Australian stock market has significantly impacted retirement funds, with the average superannuation balance feeling the strain of one of the most severe declines since the …
- Politics
Tariffs Expected to Have a ‘Mild’ Effect on the Australian Economy, According to Treasury Modelling
by adminAccording to new data from the Australian Treasury, the nation is expected to experience minimal adverse effects from the recent tariffs imposed by Donald Trump. The Treasury’s modelling indicates that …
- National
Australian Dollar Drops Below US60 Cents for the First Time Since the COVID-19 Pandemic
by adminThe Australian dollar has fallen below US60 cents for the first time since the COVID-19 pandemic, affected by global economic uncertainties. Early on the morning of the announcement, the dollar …
- Politics
Tariffs Set to Drive Up Prices on Sneakers, Jeans and Nearly All American Apparel, Warns Industry Associations
by adminAs students head back to school, US families are likely facing higher costs for new shoes and clothing due to tariffs imposed by President Donald Trump on top exporting countries. …