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 ASX Set to Rise as Oil Slumps, Betr Derails Rival’s $402m PointsBet Bid

ASX Set to Rise as Oil Slumps, Betr Derails Rival’s $402m PointsBet Bid

June 25, 2025 08:40 AM AEST| By Team Kalkine Media

The Australian sharemarket is poised for a modest gain, with ASX 200 futures up 0.1% after Wall Street’s rally lifted the Nasdaq 100 to a record high....

 Woodside Gets $US1.9b as Louisiana LNG Deal Finalised

Woodside Gets $US1.9b as Louisiana LNG Deal Finalised

June 25, 2025 08:30 AM AEST| By Team Kalkine Media

Woodside has secured a $US1.9 billion payment from Stonepeak after completing the sale of a 40% stake in the infrastructure for its Louisiana LNG project....

 Family Trust Tax Reform: Big Opportunity, Bigger Risk

Family Trust Tax Reform: Big Opportunity, Bigger Risk

June 24, 2025 09:10 AM AEST| By Team Kalkine Media

Proposed changes to family trust taxes could simplify Australia’s complex system but risk driving investment and wealth offshore if mishandled...

 ANZ Downgraded to ‘Sell’ as UBS Warns of Dividend Cut

ANZ Downgraded to ‘Sell’ as UBS Warns of Dividend Cut

June 24, 2025 09:00 AM AEST| By Team Kalkine Media

UBS has downgraded ANZ to a ‘sell’ rating, warning that new CEO Nuno Matos may slash dividends by 25% to bolster the bank’s capital position....

 Gen Z Spending Boosts KFC Sales, Lifts Collins Foods Outlook

Gen Z Spending Boosts KFC Sales, Lifts Collins Foods Outlook

June 24, 2025 08:45 AM AEST| By Team Kalkine Media

Collins Foods reported stronger spending by Gen Z customers at its Australian KFC outlets, offering a glimmer of hope amid broader challenges....

 Oil Shock Could Force RBA to Cut Rates Despite Inflation Risks

Oil Shock Could Force RBA to Cut Rates Despite Inflation Risks

June 24, 2025 08:30 AM AEST| By Team Kalkine Media

Surging oil prices driven by US-Iran tensions could put the Reserve Bank of Australia in a difficult position, potentially forcing further rate cuts even as inflation pressures build...

 Virgin Set for ASX Return in Bain’s High-Stakes IPO Test

Virgin Set for ASX Return in Bain’s High-Stakes IPO Test

June 24, 2025 08:30 AM AEST| By Team Kalkine Media

Five years after its collapse, Virgin Australia is set to return to the ASX on Tuesday with a $2.3 billion valuation, marking a crucial test for owner Bain Capital and Australia’s subdued IPO market....

 ASX Set to Rally as Trump Declares Ceasefire; Oil Tumbles

ASX Set to Rally as Trump Declares Ceasefire; Oil Tumbles

June 24, 2025 08:08 AM AEST| By Team Kalkine Media

The ASX is poised to rise, following Wall Street’s lead, after President Donald Trump announced a ceasefire between Israel and Iran, easing fears of broader conflict....

 Musk’s Robotaxis Hit Austin Streets in High-Stakes Tesla Test

Musk’s Robotaxis Hit Austin Streets in High-Stakes Tesla Test

June 23, 2025 09:22 AM AEST| By Team Kalkine Media

Tesla has launched its first robotaxis in Austin, marking a critical test for Elon Musk’s bet on autonomous driving....

 Metcash Up on Food Sales as Tobacco Hit by Illicit Trade

Metcash Up on Food Sales as Tobacco Hit by Illicit Trade

June 23, 2025 09:00 AM AEST| By Team Kalkine Media

Metcash grew annual revenue and earnings, driven by an 11% rise in food sales, as illegal trade slashed tobacco sales by 20%....

 Bitcoin Falls Below $100,000 as US Strikes on Iran Trigger Risk Aversion

Bitcoin Falls Below $100,000 as US Strikes on Iran Trigger Risk Aversion

June 23, 2025 08:45 AM AEST| By Team Kalkine Media

Bitcoin dropped under $US100,000 for the first time since May after US bombers attacked Iran’s main nuclear sites, sparking risk-off sentiment in crypto markets....

 The Good Guys Hit With $13.7m Penalty for Misleading Promotions

The Good Guys Hit With $13.7m Penalty for Misleading Promotions

June 23, 2025 08:30 AM AEST| By Team Kalkine Media

The Good Guys, owned by JB Hi-Fi, faces a $13.7 million penalty after admitting to misleading customers through promotional schemes over four years....

 ASX Set to Slide as US-Iran Conflict Shakes Oil and Market Calm

ASX Set to Slide as US-Iran Conflict Shakes Oil and Market Calm

June 23, 2025 08:15 AM AEST| By Team Kalkine Media

The ASX is expected to open lower as markets react to US President Donald Trump’s weekend authorisation of strikes on Iranian nuclear sites, raising fears of a wider Middle East conflict....

 Diabetes Pill Edges Closer After Promising Trials

Diabetes Pill Edges Closer After Promising Trials

June 23, 2025 12:00 AM AEST| By Team Kalkine Media

A once-daily diabetes pill, Orforglipron, is a step closer to hitting Australian shelves after phase three trials showed it effectively lowers blood sugar and weight, rivalling injectable treatments like Ozempic...

 Gold Slips From Record Highs as War Fears Ease

Gold Slips From Record Highs as War Fears Ease

June 20, 2025 09:28 AM AEST| By Team Kalkine Media

Gold is heading for its first weekly decline in three weeks as reduced geopolitical fears and a cautious US rate outlook weigh on prices....

 ASX Set for Lower Open as Geopolitical Risks Rise; TWE Plans Investor Update

ASX Set for Lower Open as Geopolitical Risks Rise; TWE Plans Investor Update

June 20, 2025 08:30 AM AEST| By Team Kalkine Media

Australian shares are expected to open lower amid heightened geopolitical tensions as Donald Trump signaled that the US could decide within two weeks on potential military action against Iran....

 Oaktree in Talks to Finance Sanjeev Gupta’s Tahmoor Coal Mine

Oaktree in Talks to Finance Sanjeev Gupta’s Tahmoor Coal Mine

June 20, 2025 08:00 AM AEST| By Team Kalkine Media

Oaktree Capital Management is in advanced talks to finance Sanjeev Gupta’s Tahmoor coal mine in NSW after its operations stalled due to funding troubles....

 Oil Falls as Trump Signals Decision on Iran Strike Within Two Weeks

Oil Falls as Trump Signals Decision on Iran Strike Within Two Weeks

June 20, 2025 07:30 AM AEST| By Team Kalkine Media

Oil prices declined after Donald Trump indicated that any decision on striking Iran would take up to two weeks, calming immediate fears of a US military action....

 Cancer Therapy Startup Celleo Targets $5m in Private Funding Round

Cancer Therapy Startup Celleo Targets $5m in Private Funding Round

June 20, 2025 07:00 AM AEST| By Team Kalkine Media

Melbourne-based biotech Celleo, which automates cell therapy production for cancer treatments like CAR-T, is seeking $5 million in a private funding round....

 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....

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