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 ASX Set to Rise; Officeworks Names New CEO, Gold Surges

ASX Set to Rise; Officeworks Names New CEO, Gold Surges

June 03, 2025 08:00 AM AEST| By Team Kalkine Media

The Australian sharemarket is set to open higher, with ASX futures up 69 points (0.8%), tracking Wall Street’s late rebound on hopes of revived US-China trade talks....

 Bluescope Shares Surge 6.5% After US Steel Tariff Hike

Bluescope Shares Surge 6.5% After US Steel Tariff Hike

June 02, 2025 09:08 AM AEST| By Team Kalkine Media

Bluescope shares have jumped 6.5% in early trading despite a broader market decline, following former US President Donald Trump's announcement to double steel import tariffs from 25% to 50% starting June 4....

 Soul Patts and Brickworks Agree to $14 Billion Merger

Soul Patts and Brickworks Agree to $14 Billion Merger

June 02, 2025 08:45 AM AEST| By Team Kalkine Media

Washington H. Soul Pattinson and Brickworks have agreed to merge, forming a $14 billion diversified company....

 US to Meet China Over Critical Minerals Amid Supply Tensions

US to Meet China Over Critical Minerals Amid Supply Tensions

June 02, 2025 08:30 AM AEST| By Team Kalkine Media

US President Donald Trump will meet with Chinese President Xi Jinping to resolve rising tensions over critical mineral supply chains, according to Treasury Secretary Scott Bessent....

 Rio Tinto Signs Landmark Heritage Agreement with Juukan Traditional Owners

Rio Tinto Signs Landmark Heritage Agreement with Juukan Traditional Owners

June 02, 2025 08:15 AM AEST| By Team Kalkine Media

Five years after destroying the 46,000-year-old Juukan Gorge rock shelter, Rio Tinto has signed a landmark agreement with the Puutu Kunti Kurrama and Pinikura (PKKP) people to protect heritage sites on their Pilbara land....

 ASX Tipped for Modest Rise as Trump Signals China Trade Talks

ASX Tipped for Modest Rise as Trump Signals China Trade Talks

June 02, 2025 08:00 AM AEST| By Team Kalkine Media

The ASX is expected to open slightly higher, with futures up 0.1% or 8 points to 8465, as hopes of renewed US-China trade talks buoy investor sentiment....

 What is LTIFR?

What is LTIFR?

May 30, 2025 12:00 AM AEST| By Team Kalkine Media

Lost Time Injury (LTI) occurs when a workplace injury prevents an employee from working for at least one full shift. Companies track these incidents using the Lost Time Injury Frequency Rate (LTIFR), which measures the number of LTIs per million hour...

 What is Loss Reserve?

What is Loss Reserve?

May 30, 2025 12:00 AM AEST| By Team Kalkine Media

A loss reserve is the estimated amount insurance companies set aside to cover future claims on policies they’ve underwritten. This financial cushion helps insurers prepare for claims that have occurred but aren’t settled or even reported yet. Accurat...

 ACCC Probes REA Group Amid Real Estate Agent Backlash Over 78% Price Hike

ACCC Probes REA Group Amid Real Estate Agent Backlash Over 78% Price Hike

May 29, 2025 09:10 AM AEST| By Team Kalkine Media

REA Group, owner of realestate.com.au, faces an ACCC investigation after hiking agent subscription fees by up to 78% and raising listing prices across Australia....

 Oil Jumps as US Court Blocks Trump’s Tariffs

Oil Jumps as US Court Blocks Trump’s Tariffs

May 29, 2025 08:55 AM AEST| By Team Kalkine Media

Oil prices climbed after a US trade court ruled President Donald Trump’s global tariffs illegal, easing market fears of a broader economic slowdown...

 Gold Drops for Fourth Straight Day After US Tariff Ruling

Gold Drops for Fourth Straight Day After US Tariff Ruling

May 29, 2025 08:45 AM AEST| By Team Kalkine Media

Gold prices fell for a fourth consecutive day after a US trade court blocked President Donald Trump’s global tariffs, strengthening the US dollar and reducing demand for the safe-haven asset...

 Victorian Government Mining Fee to increase up to 234%,

Victorian Government Mining Fee to increase up to 234%,

May 29, 2025 08:30 AM AEST| By Team Kalkine Media

The Victorian government plans to increase mining fees by up to 234%, drawing strong opposition from the industry, which warns it will deter investment....

 ASX Set to Rise as Nvidia Soars on Strong AI Chip Sales

ASX Set to Rise as Nvidia Soars on Strong AI Chip Sales

May 29, 2025 08:00 AM AEST| By Team Kalkine Media

The ASX is expected to edge higher, with futures up 13 points, following Nvidia’s upbeat earnings that lifted global investor sentiment....

 ACCC Flags Competition Concerns Over Elders’ $475m Delta Agribusiness Takeover

ACCC Flags Competition Concerns Over Elders’ $475m Delta Agribusiness Takeover

May 29, 2025 07:00 AM AEST| By Team Kalkine Media

The ACCC has raised concerns that Elders’ proposed $475 million acquisition of Delta Agribusiness could reduce competition in rural supply markets....

 ASX Lithium Miners Face New Pressure Amid China Supply Cuts

ASX Lithium Miners Face New Pressure Amid China Supply Cuts

May 28, 2025 09:08 AM AEST| By Team Kalkine Media

ASustralian lithium miners may be forced into deeper supply cuts as Chinese producers slash output amid a sustained price collapse...

 US Supreme Court Clears Way for Rio Tinto’s Arizona Copper Mine

US Supreme Court Clears Way for Rio Tinto’s Arizona Copper Mine

May 28, 2025 09:06 AM AEST| By Team Kalkine Media

The US Supreme Court has rejected an appeal by Apache Stronghold, allowing Rio Tinto and BHP to proceed with the Resolution Copper project in Arizona....

 McKinsey Cuts Over 10% of Staff Amid Profitability Push

McKinsey Cuts Over 10% of Staff Amid Profitability Push

May 28, 2025 08:45 AM AEST| By Team Kalkine Media

McKinsey & Co. has reduced its workforce by more than 10% over the past 18 months, shedding over 5000 roles in a major shift from pandemic-era expansion....

 Inflation No Obstacle to July RBA Rate Cut

Inflation No Obstacle to July RBA Rate Cut

May 28, 2025 08:30 AM AEST| By Team Kalkine Media

Australia’s inflation rate held steady at 2.4% in April, remaining within the Reserve Bank’s 2–3% target band and reinforcing expectations of another interest rate cut in July....

 Tax-Loss Selling Hits ASX Laggards Ahead of EOFY

Tax-Loss Selling Hits ASX Laggards Ahead of EOFY

May 28, 2025 08:15 AM AEST| By Team Kalkine Media

As the financial year nears its end, investors are offloading underperforming ASX stocks to realise losses and offset gains elsewhere, a common tax strategy known as tax-loss selling....

 ASX to Rise as Wall Street Rallies on Trade Hopes, Confidence Boost

ASX to Rise as Wall Street Rallies on Trade Hopes, Confidence Boost

May 28, 2025 08:00 AM AEST| By Team Kalkine Media

The ASX is set to open higher, following Wall Street's sharp gains amid renewed US-EU trade optimism and a surprise jump in US consumer confidence....

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