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 Australian Employment Falls by 2,500 in May

Australian Employment Falls by 2,500 in May

June 19, 2025 09:33 AM AEST| By Team Kalkine Media

Australian employment unexpectedly declined by 2,500 jobs in May, falling short of the forecasted 22,500 gain....

 NAB Fined $751,200 Over Consumer Data Right Breaches

NAB Fined $751,200 Over Consumer Data Right Breaches

June 19, 2025 09:00 AM AEST| By Team Kalkine Media

National Australia Bank (NAB) has paid $751,200 in penalties after the ACCC issued four infringement notices for alleged breaches of Consumer Data Right (CDR) rules....

 France EDF Acquires 75% Stake in EnergyAustralia’s Lake Lyell Pumped Hydro Project

France EDF Acquires 75% Stake in EnergyAustralia’s Lake Lyell Pumped Hydro Project

June 19, 2025 08:45 AM AEST| By Team Kalkine Media

France’s Electricité de France (EDF) has acquired a 75% stake in EnergyAustralia’s planned Lake Lyell pumped hydro project in NSW...

 Doors Plus Sold to Colinton Capital in $60m Private Equity Deal

Doors Plus Sold to Colinton Capital in $60m Private Equity Deal

June 19, 2025 08:30 AM AEST| By Team Kalkine Media

Private equity firm Colinton Capital Partners will acquire an 80% stake in Australian door retailer Doors Plus in a $60 million deal, marking the first change of ownership in 35 years....

 ASX Set to Open Lower as Iron Ore Falls, US Fed Holds Rates

ASX Set to Open Lower as Iron Ore Falls, US Fed Holds Rates

June 19, 2025 08:15 AM AEST| By Team Kalkine Media

The Australian sharemarket is poised to open lower, with ASX 200 futures down 0.2%, tracking weakness in iron ore and a cautious Wall Street....

 Meta’s Smart Glasses Raise Privacy Concerns Over Facial Recognition

Meta’s Smart Glasses Raise Privacy Concerns Over Facial Recognition

June 19, 2025 08:15 AM AEST| By Team Kalkine Media

Meta’s AI-powered Ray-Ban smart glasses have gained popularity for their sleek design and voice-activated features, avoiding the backlash that plagued Google Glass....

 Rex Airline Sale Delayed Again as EY Seeks Extension

Rex Airline Sale Delayed Again as EY Seeks Extension

June 18, 2025 09:09 AM AEST| By Team Kalkine Media

Regional Express (Rex) remains in limbo as EY struggles to secure a buyer, prompting the Albanese government to extend the airline’s administration and provide an additional $30 million in funding....

 Amazon CEO Warns White-Collar Staff: Adapt to AI or Risk Jobs

Amazon CEO Warns White-Collar Staff: Adapt to AI or Risk Jobs

June 18, 2025 09:00 AM AEST| By Team Kalkine Media

Amazon CEO Andy Jassy has warned white-collar employees that their jobs are at risk if they fail to adapt to artificial intelligence, as the company rapidly integrates AI across its operations....

 Optus Faces $100m Penalty for Unfair Sales Practices

Optus Faces $100m Penalty for Unfair Sales Practices

June 18, 2025 08:45 AM AEST| By Team Kalkine Media

Optus has agreed to pay a $100 million penalty after admitting to unconscionable conduct by selling phones and contracts to customers who didn’t want or need them....

 Iron Ore Falls Below $US93 on China Demand Worries

Iron Ore Falls Below $US93 on China Demand Worries

June 18, 2025 08:30 AM AEST| By Team Kalkine Media

Iron ore prices slid for a fourth straight session, falling to $US92.65 a tonne—the lowest since September—amid weak Chinese steel demand and seasonal construction slowdowns....

 Why Is XAI Asking For $6.6 Billion Now?

Why Is XAI Asking For $6.6 Billion Now?

June 18, 2025 08:15 AM AEST| By Team Kalkine Media

Elon Musk’s AI startup xAI is seeking to raise $6.6 billion (US$4.3b) in equity funding, adding to a concurrent US$5 billion debt offering...

 ASX Set to Fall as Iron Ore Slumps, Trump Demands Iran’s Surrender

ASX Set to Fall as Iron Ore Slumps, Trump Demands Iran’s Surrender

June 18, 2025 08:00 AM AEST| By Team Kalkine Media

The ASX is expected to open lower, with futures down 32 points or 0.4%, amid escalating Middle East tensions and weak US economic data....

 Meta to Show Ads on WhatsApp for First Time

Meta to Show Ads on WhatsApp for First Time

June 17, 2025 09:40 AM AEST| By Team Kalkine Media

Meta will begin showing ads on WhatsApp for the first time, marking a major shift from the app’s long-held ad-free philosophy...

 Booktopia Owner digiDirect Acquires Gaming Hardware Retailer Mwave

Booktopia Owner digiDirect Acquires Gaming Hardware Retailer Mwave

June 17, 2025 09:00 AM AEST| By Team Kalkine Media

digiDirect, the private electronics retailer that acquired Booktopia last year, has bought gaming hardware business Mwave, marking its third acquisition in 12 months....

 Meeka Metals Launches $40m Raise to Fast-Track WA Gold Project

Meeka Metals Launches $40m Raise to Fast-Track WA Gold Project

June 17, 2025 08:45 AM AEST| By Team Kalkine Media

Western Australian gold explorer Meeka Metals is seeking to raise $40 million via a placement priced at 15¢ a share—a 14.3% discount to its last close....

 Gold Rises as Trump Warns Tehran to Evacuate, Boosting Haven Demand

Gold Rises as Trump Warns Tehran to Evacuate, Boosting Haven Demand

June 17, 2025 08:30 AM AEST| By Team Kalkine Media

Gold prices climbed in early Asian trade, gaining up to 0.4% to surpass $3,400 an ounce, as investors sought safe-haven assets following US President Donald Trump's call for the immediate evacuation of Tehran....

 Aussie Dollar Rises on Iran Ceasefire Hopes; Eyes on Jobs Data

Aussie Dollar Rises on Iran Ceasefire Hopes; Eyes on Jobs Data

June 17, 2025 08:15 AM AEST| By Team Kalkine Media

The Australian dollar rebounded to US65.20¢ in early Tuesday trade, lifted by reports of Iran seeking a ceasefire with Israel, which boosted global risk sentiment....

 ASX Set to Rise as Wall Street Rallies on Easing Middle East Tensions

ASX Set to Rise as Wall Street Rallies on Easing Middle East Tensions

June 17, 2025 08:00 AM AEST| By Team Kalkine Media

The Australian sharemarket is expected to open slightly higher, following gains on Wall Street as fears of a broader conflict between Israel and Iran eased....

 Amart Furniture Acquires Freedom Ahead of $1b IPO Push

Amart Furniture Acquires Freedom Ahead of $1b IPO Push

June 16, 2025 09:00 AM AEST| By Team Kalkine Media

Amart Furniture, backed by Quadrant Private Equity, has acquired rival Freedom Furniture, creating a $1 billion retail giant with 126 stores and 2200 staff across Australia and New Zealand....

 Turaco Gold Launches $60m Raise to Fund West African Expansion

Turaco Gold Launches $60m Raise to Fund West African Expansion

June 16, 2025 08:45 AM AEST| By Team Kalkine Media

Turaco Gold has kicked off a $60 million institutional placement to advance its gold exploration project in Côte d’Ivoire, West Africa....

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