Financial markets typically react negatively to fear and uncertainty, creating a self-perpetuating cycle where declines fuel further fear. Recent downturns in global share markets are reminiscent of the turmoil experienced …
Shares
-
-
Australian stocks suffered substantial losses this morning, shedding $35 billion in value as international markets reacted to sweeping tariffs imposed by US President Donald Trump. The S&P/ASX 200 Index plummeted …
- Politics
Global Markets Plunge as Trump’s Latest Tariff Moves Intensify Risk of Widespread Trade War
by adminThe S&P 500 experienced a notable decline of 3.3 per cent in early trading on Thursday, with the Dow Jones Industrial Average plummeting by 1,150 points and the Nasdaq composite …
-
An Australian superannuation fund, Active Super—previously known as the Local Government Superannuation Scheme—has been fined $10.5 million due to greenwashing practices. The Federal Court determined that the fund misled both …
- Finance
Star Entertainment Fails to Secure Sale of Stake in $3.6 Billion Queen’s Wharf Project
by adminStar Entertainment has yet to secure an agreement to divest its stake in the Queen’s Wharf development in Brisbane, valued at $3.6 billion. Reports from the Australian Financial Review indicate …
- National
Star’s Shares Dive Following Trading Suspension as Casino Operator Faces Imminent Collapse Amid ‘Material Uncertainty’ Regarding Its Future
by adminStar Entertainment Faces Turbulent Times Amid Trading Halt Star Entertainment’s shares have seen a significant decline after the company entered a trading halt this morning, having failed to release its …
- National
Historical Perspective: Peter Dutton Upholds His Share and Property Investments Under Scrutiny
by adminPeter Dutton, the leader of the Coalition, has responded to allegations regarding a lack of transparency related to his substantial property and share investments. Over the past 35 years, Dutton …
-
Elon Musk is spearheading a dramatic proposal to purchase OpenAI, the organisation behind ChatGPT, for an impressive $US97.4 billion ($155 billion). His contentious history with OpenAI’s CEO, Sam Altman, includes …
- Cost of Living
Young Aussies Struggle as Baby Boomers Fall Behind in Housing Wealth Rankings
by adminA recent KPMG analysis reveals a significant shift in property ownership among Australian generations. Although Baby Boomers are still the wealthiest generation, they no longer hold the most valuable property, …
-
The Australian dollar has plummeted to a two-year low, buying approximately 62 cents against the US dollar, following the Federal Reserve’s latest interest rate cut of 0.25 per cent. This …