Market updates


 Will Australia's New Income Supports Ease Rising Living Costs?

Will Australia's New Income Supports Ease Rising Living Costs?

February 20, 2025 05:22 PM AEDT| By Team Kalkine Media

Highlights,Income support payments adjusted for inflation enhance purchasing power.,Increases affect a wide range of supports including age pension, carer payments, and rent assistance.,Revisions reflect a strong commitment to counter rising living e...

 RBA Holds Interest Rate Policy Amid Inflation and Economic Considerations

RBA Holds Interest Rate Policy Amid Inflation and Economic Considerations

February 20, 2025 05:21 PM AEDT| By Team Kalkine Media

Highlights:,The Reserve Bank of Australia maintained its interest rate policy while monitoring core inflation and economic conditions.,A recent rate cut was implemented, but inflation remains above the central bank’s target range.,Employment growth r...

 Australia's Labour Market Strength Amid Economic Shifts

Australia's Labour Market Strength Amid Economic Shifts

February 20, 2025 05:21 PM AEDT| By Team Kalkine Media

Highlights,Employment Growth:,A strong increase in employment levels was recorded in January, with a higher workforce participation rate reflecting labour market resilience.,Economic Impacts:,Wage growth moderated while inflation remained a key conce...

 The Effects of Interest Rate Cuts on Australian Savers

The Effects of Interest Rate Cuts on Australian Savers

February 20, 2025 05:21 PM AEDT| By Team Kalkine Media

Highlights:,Declining Returns on Savings Accounts:,With savings rates falling below inflation, the value of cash deposits is diminishing.,Impact of the RBA’s Rate Cut:,The central bank’s decision to lower rates has reduced returns for savers while ea...

 Asian Stocks Decline, Pullback in Hong Kong Tech Rally: Market Update

Asian Stocks Decline, Pullback in Hong Kong Tech Rally: Market Update

February 20, 2025 05:21 PM AEDT| By Team Kalkine Media

Highlights:,Asian Markets Decline:,Key Asian equities recorded losses, with a 0.6% drop in a broad index and a sharp decline in Chinese technology stocks, influenced by concerns over evolving US geopolitical policies.,Macroeconomic Pressures:,Market...

 Rare and Collectible Australian Coins: Noteworthy Finds for Enthusiasts

Rare and Collectible Australian Coins: Noteworthy Finds for Enthusiasts

February 20, 2025 05:20 PM AEDT| By Team Kalkine Media

Highlights:,The Queen’s Coronation coin issued in tribute to a historic event carries significant collectible interest, with a special mintmark version recognized as particularly rare.,The Red Poppy coin, commemorating Remembrance Day, is a valued pi...

 Major Australian Steelworks Enters Administration - NewsWire, 10 hours ago

Major Australian Steelworks Enters Administration - NewsWire, 10 hours ago

February 20, 2025 05:20 PM AEDT| By Team Kalkine Media

Highlights:,The Whyalla steelworks has been placed into administration by the South Australian government to address financial instability and safeguard domestic steel production.,Efforts are underway to restructure operations, ensuring workforce sta...

 Navigating Side Hustles: Financial Benefits, Tax Structuring, and Time Management

Navigating Side Hustles: Financial Benefits, Tax Structuring, and Time Management

February 20, 2025 05:19 PM AEDT| By Team Kalkine Media

Highlights:,Side hustles generate additional income, allowing individuals to allocate funds toward various financial goals amid increasing expenses.,Different tax structures enable flexible financial management, optimizing obligations compared to tra...

 Mastercard Introduces One Credential for Enhanced Digital Payments

Mastercard Introduces One Credential for Enhanced Digital Payments

February 20, 2025 05:19 PM AEDT| By Team Kalkine Media

Highlights:,Simplified Payment Integration:,Mastercard's One Credential consolidates multiple payment cards into a single digital wallet solution, optimizing financial management.,Advanced Spending Controls:,Users can allocate specific spending limit...

 Victorian Government Conducts Extensive Public Sector Review

Victorian Government Conducts Extensive Public Sector Review

February 20, 2025 05:19 PM AEDT| By Team Kalkine Media

Highlights:,The Victorian government initiates a review to address inefficiencies and streamline public sector operations.,Helen Silver AO leads the assessment, focusing on eliminating program duplications and optimizing budget allocations.,Workforce...

 Government Transport Assistance for Australian Parents

Government Transport Assistance for Australian Parents

February 20, 2025 05:19 PM AEDT| By Team Kalkine Media

Highlights:,Support for School Transportation Costs:,Government programs across Australia provide financial assistance to parents for driving children to school, with reimbursements varying by distance and location.,Different Programs by State and Te...

 Westpac's Offshore Transition: Workforce Changes and Industry Response

Westpac's Offshore Transition: Workforce Changes and Industry Response

February 20, 2025 05:18 PM AEDT| By Team Kalkine Media

Highlights:,Westpac plans to offshore a portion of its workforce to the Philippines, impacting employees in South Australia and New South Wales.,The Finance Sector Union has raised concerns about ethical and data security challenges associated with t...

 Card Surcharge Compliance in Australia: Key Regulations for Businesses

Card Surcharge Compliance in Australia: Key Regulations for Businesses

February 20, 2025 05:18 PM AEDT| By Team Kalkine Media

Highlights:,Regulatory focus on transparency,: Businesses in Australia face strict penalties for exceeding allowable card surcharge limits.,ACCC enforcement measures,: Compliance efforts include educational initiatives and public disclosure of non-co...

 Interview with BHP: Discussions on Dividends, Copper, and Mergers & Acquisitions

Interview with BHP: Discussions on Dividends, Copper, and Mergers & Acquisitions

February 20, 2025 05:14 PM AEDT| By Team Kalkine Media

Highlights:,Dividend Realignment and Capital Strategy,: BHP Group has adjusted its interim dividend, adhering to its established payout framework while channeling resources toward future-focused commodities like copper.,Copper Sector Growth and Proje...

 FNArena Corporate Earnings Report – February 19, 2025

FNArena Corporate Earnings Report – February 19, 2025

February 20, 2025 05:14 PM AEDT| By Team Kalkine Media

Highlights:,Financial disclosures from companies across multiple industries provide insight into sector performance.,Notable earnings releases include reports from major firms in resources, recruitment, and infrastructure.,A structured subscription s...

 Temple & Webster Welcomes the Future

Temple & Webster Welcomes the Future

February 20, 2025 05:13 PM AEDT| By Team Kalkine Media

Highlights:,Side hustles generate additional income, allowing individuals to allocate funds toward various financial goals amid increasing expenses.,Different tax structures enable flexible financial management, optimizing obligations compared to tra...

 FNArena Corporate Results Overview – February 20, 2025

FNArena Corporate Results Overview – February 20, 2025

February 20, 2025 05:13 PM AEDT| By Team Kalkine Media

Highlights:,Reports cover multiple industries, including technology, resources, and infrastructure.,Key companies present operational updates and strategic developments.,Subscription-based access provides detailed corporate insights.,The latest corpo...

 ASX Market Update: Australian Stock Exchange declines amid ongoing banking selloff and robust jobs report

ASX Market Update: Australian Stock Exchange declines amid ongoing banking selloff and robust jobs report

February 20, 2025 04:30 PM AEDT| By Team Kalkine Media

Highlights:,The ASX 200 index records a decline, influenced by global economic signals.,Telecommunications and energy stocks gain, while real estate and financials face declines.,Employment data reveals shifts in labor market trends.,The Australian s...

 $2.4 Billion Boost: Government Steps in to Secure Future of Whyalla Steelworks

$2.4 Billion Boost: Government Steps in to Secure Future of Whyalla Steelworks

February 20, 2025 02:34 PM AEDT| By Team Kalkine Media

Highlights,Government commits $2.4 billion to sustain,Whyalla,Steelworks operations.,Financial support aims to stabilize,workforce,and secure long-term viability.,$500 million green iron fund introduced for the Australian steel industry’s future.,The...

 Chariot Expands into Gold and Lithium in Western Australia with Seven New Applications

Chariot Expands into Gold and Lithium in Western Australia with Seven New Applications

February 20, 2025 02:30 PM AEDT| By Team Kalkine Media

Highlights:,Chariot Corporation Ltd (CC9) is extending its focus beyond the United States by pursuing lithium and gold exploration in Australia.,The company has applied for multiple exploration licenses within the Southern Cross Greenstone Belt in We...

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