Market updates

Will Australia's New Income Supports Ease Rising Living Costs?
February 20, 2025 05:22 PM AEDT| By Team Kalkine MediaHighlights,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
February 20, 2025 05:21 PM AEDT| By Team Kalkine MediaHighlights:,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
February 20, 2025 05:21 PM AEDT| By Team Kalkine MediaHighlights,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
February 20, 2025 05:21 PM AEDT| By Team Kalkine MediaHighlights:,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
February 20, 2025 05:21 PM AEDT| By Team Kalkine MediaHighlights:,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
February 20, 2025 05:20 PM AEDT| By Team Kalkine MediaHighlights:,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
February 20, 2025 05:20 PM AEDT| By Team Kalkine MediaHighlights:,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
February 20, 2025 05:19 PM AEDT| By Team Kalkine MediaHighlights:,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...
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Mastercard Introduces One Credential for Enhanced Digital Payments
February 20, 2025 05:19 PM AEDT| By Team Kalkine MediaHighlights:,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
February 20, 2025 05:19 PM AEDT| By Team Kalkine MediaHighlights:,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
February 20, 2025 05:19 PM AEDT| By Team Kalkine MediaHighlights:,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
February 20, 2025 05:18 PM AEDT| By Team Kalkine MediaHighlights:,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...
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Card Surcharge Compliance in Australia: Key Regulations for Businesses
February 20, 2025 05:18 PM AEDT| By Team Kalkine MediaHighlights:,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...
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Interview with BHP: Discussions on Dividends, Copper, and Mergers & Acquisitions
February 20, 2025 05:14 PM AEDT| By Team Kalkine MediaHighlights:,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
February 20, 2025 05:14 PM AEDT| By Team Kalkine MediaHighlights:,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
February 20, 2025 05:13 PM AEDT| By Team Kalkine MediaHighlights:,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
February 20, 2025 05:13 PM AEDT| By Team Kalkine MediaHighlights:,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
February 20, 2025 04:30 PM AEDT| By Team Kalkine MediaHighlights:,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
February 20, 2025 02:34 PM AEDT| By Team Kalkine MediaHighlights,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
February 20, 2025 02:30 PM AEDT| By Team Kalkine MediaHighlights:,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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