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The Star Entertainment’sFaces Fresh Crisis as Partners Threaten to Exit Queen’s Wharf Deal
June 30, 2025 09:10 AM AEST| By Team Kalkine MediaStar Entertainment’s $1.6 billion debt woes have deepened after Hong Kong partners Chow Tai Fook Enterprises and Far East Consortium threatened to exit their deal to acquire Star’s 50% stake in Brisbane’s Queen’s Wharf project....
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Alinta to Build Major Battery in South Australia
June 30, 2025 09:00 AM AEST| By Team Kalkine MediaAlinta Energy will build a 500-megawatt battery at Reeves Plains, north of Adelaide, to store excess renewable energy and release it during peak demand....
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Nine Acquires Optus Sport Rights, Bringing Premier League to Stan
June 30, 2025 08:30 AM AEST| By Team Kalkine MediaNine Entertainment will acquire Optus Sport’s key assets, including rights to the English Premier League and FA Cup, in a deal that will see matches stream on Stan Sport from August 1...
ASX Set to Edge Higher as Trump Maintains Tariff Deadline
June 30, 2025 08:15 AM AEST| By Team Kalkine MediaAustralian shares are expected to open slightly higher, with ASX 200 futures up 5 points to 8521, after US President Donald Trump indicated he is unlikely to extend the July 9 deadline for countries to reach new trade agreements with the US and avoid...
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Woolworths Shuts MyDeal, Pays Up to $100m to Founders
June 27, 2025 11:36 AM AEST| By Team Kalkine MediaWoolworths will close its loss-making online marketplace MyDeal by September 30, just three years after acquiring an 80% stake for $243 million....
Oil Prices Stabilise After Ceasefire, Eyes Turn to US-China Trade Deal
June 27, 2025 11:35 AM AEST| By Team Kalkine MediaOil prices steadied on Friday after a volatile week, with Brent near US$68 and WTI above US$65, capping the largest weekly drop in two years—nearly 12%....
Reece Forecasts Profit Drop Amid Housing Slump
June 27, 2025 09:00 AM AEST| By Team Kalkine MediaReece expects its FY25 earnings before interest and taxes to fall to $548–$558 million, down from $681 million in FY24, as housing market challenges persist....
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China’s Coal Prices Tick Up Amid Heatwave
June 27, 2025 08:45 AM AEST| By Team Kalkine MediaChina’s coal market is showing early signs of a seasonal recovery, with thermal coal prices rising slightly from a four-year low of 610 yuan to 619 yuan per tonne amid a nationwide heatwave....
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Wesfarmers Sells BWP Manager in $142.6m Deal, Extends Bunnings Leases
June 27, 2025 08:30 AM AEST| By Team Kalkine MediaWesfarmers will sell its 100% stake in BWP Management Limited (BML) to BWP Trust for $142.6 million, enabling BWP to internalise its management....
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ASX Set to Rise as Wall Street Nears Record; Suncorp Chair Retires, MyDeal to Close
June 27, 2025 08:15 AM AEST| By Team Kalkine MediaThe ASX is expected to open higher after the S&P 500 closed just shy of a record high, driven by gains in energy and communication stocks....
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Microsoft’s AI Leader Predicts Future of Work in Age of AI Agents
June 26, 2025 09:33 AM AEST| By Team Kalkine MediaGitHub CEO Thomas Dohmke, key to Microsoft’s AI push, says the future lies in managing AI agents rather than writing code. Dohmke sees developers as conductors of AI “orchestras,” delegating tasks to multiple AI agents and reviewing their output....
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BP Shares Jump on Report of Takeover Talks with Shell
June 26, 2025 09:15 AM AEST| By Team Kalkine MediaQueensland’s QPM Energy has launched a $10 million equity raising to accelerate its $200 million gas-fired peaking power station....
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QPM Energy Seeks $10m to Fast-Track Gas Power Project
June 26, 2025 09:00 AM AEST| By Team Kalkine MediaQueensland’s QPM Energy has launched a $10 million equity raising to accelerate its $200 million gas-fired peaking power station....
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Iron Ore Giants Champion Pilbara, Reject Forrest’s ‘Wasteland’ Claim
June 26, 2025 08:45 AM AEST| By Team Kalkine MediaBHP, Rio Tinto and Hancock Prospecting have rejected Andrew Forrest’s warning that WA’s Pilbara region could become a “wasteland” without green technology adoption....
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Sun Metals Posts $57m Loss Amid Zinc Slump, Rising Costs
June 26, 2025 08:38 AM AEST| By Team Kalkine MediaKorea Zinc’s Sun Metals refinery in Queensland has reported a $US37.1 million ($56.8 million) loss, adding to the challenges facing Australia’s mineral processing sector....
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ASX to Dip as Nvidia Tops $3.77 Trillion; Oil Holds Steady
June 26, 2025 08:15 AM AEST| By Team Kalkine MediaAustralian shares are set to open lower, tracking Wall Street where gains stalled near record levels....
Gold Holds Near $3330 as Ceasefire Tempers Safe-Haven Demand
June 25, 2025 09:31 AM AEST| By Team Kalkine MediaGold remained near $US3330 an ounce after easing 1.3% on Tuesday, as a fragile ceasefire between Iran and Israel reduced appetite for haven assets...
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Xero Buys Melio for $4b in Major US Expansion Move
June 25, 2025 09:15 AM AEST| By Team Kalkine MediaXero has announced a $US2.5 billion ($3.9 billion) acquisition of New York-based Melio Payments, marking its largest effort yet to crack the lucrative US market....
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May Inflation Eases to 2.1% — Below Market Expectations
June 25, 2025 09:00 AM AEST| By Team Kalkine MediaAustralia’s consumer price index rose 2.1% in May from a year earlier, down from 2.4% in April and below the 2.3% increase forecast by economists....
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DroneShield Secures Record $61.6m European Military Contract
June 25, 2025 08:50 AM AEST| By Team Kalkine MediaASX-listed defence tech firm DroneShield has announced its largest-ever contract — a $61.6 million deal to supply handheld detection and counter-drone systems to a European military customer...
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