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NAB said business conditions were ‘stabilising, if not starting to turn around after a disappointing start to the year.’

EconomyCommentsBusinesses showing signs of a revival as conditions lift

Australian businesses are showing signs of a revival after a rocky start to 2025, with new bank data suggesting conditions are ‘stabilising, if not starting to turn around.’

Cheyanne Enciso

Plan view of TMK Energy’s Lucky Fox pilot production well field showing well LF-07, which will be drilled in late July.

TMK contracts rig for final Mongolian pilot production well

TMK Energy has signed a contract with Canada-based Major Drilling Group to drill its latest and likely final pilot production well at its Lucky Fox complex in its Mongolian Gurvantes XXXV coal seam gas project.

Doug Bright

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Outgoing Crown Perth Board Chair John Van Der Wielen told media the decision marked a good day for Perth.

BusinessPremiumCrown found suitable to hold Perth casino license

Crown Perth will be allowed to hold its casino license and has avoided a State Government imposed penalty, three years after a damning royal commission found the organisation was unfit to hold one.

Sean Smith and Oliver Lane

Kaiser Reef’s acquisition of the Henty gold mine in Tasmania has transformed Kaiser into a multi-asset gold producer.

Tassie mine acquisition turns Kaiser into multi-asset gold producer

Since completing its Tasmanian Henty gold mine acquisition in mid-May, Kaiser Reef has processed 35,853 dry tonnes of ore gold for 4069 ounces, transforming it into a multi-asset gold producer.

Doug Bright

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The Reserve Bank has kept the official interest rate on hold.

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updated
EconomyComments
updated
Rates shock: RBA defies markets to hold interest rates

Michele Bullock says the Reserve Bank wants to make sure inflation has been “nailed” after defying markets to hold interest rates steady today.

Matt Mckenzie

Musk said Saturday that the party would be called the “America Party” and could focus “on just 2 or 3 Senate seats and 8 to 10 House districts.” 

CNBC newsCommentsTesla loses $US68b after Musk launches political party

Tesla stock fell nearly 7 per cent on Monday after CEO Elon Musk announced plans to form a new political party.

Arjun Kharpal

Beetaloo Energy Australia has completed a historic hydraulic stimulation campaign at its Carpentaria-5H well in the Northern Territory’s Beetaloo sub-basin.

Beetaloo hits major milestone with NT well gas stimulation

Beetaloo Energy Australia has completed the nation’s largest shale gas frack at its Carpentaria-5H well, paving the way for critical pilot gas sales from its Velkerri B shale wells in the NT’s Beetaloo Basin.

Bill McConnell

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Rio Tinto mine site.

Iron orePremiumIron ore seesaws as traders assess Trump’s tariffs

Iron ore fluctuated as US President Donald Trump signalled he was open to more negotiations after he unveiled his first wave of letters threatening to impose higher tariffs.

Katharine Gemmell

Market reaction has been muted to US President Donald Trump's latest tariff announcement. (AP PHOTO)

MarketsPremiumWorld shares steady, dollar firms on US tariff letters

Asian shares have risen in early trade despite Wall Street falling after US President Donald Trump rolled out tariffs while postponing their implementation.

Rocky Swift

The benchmark S&P/ASX200 index has closed up 1.4 points, or 0.02 per cent, to 8,590.7. (Bianca De Marchi/AAP PHOTOS)

MarketsPremiumAussie shares finish flat after RBA's shock rates call

The Australian market initially dropped after the Reserve Bank's surprise move to stand pat on interest rates, but shares later made up the losses.

Derek Rose

Premier Roger Cook had high-level meetings in Japan.

State PoliticsCommentsPremium‘WA gas a constant in uncertain times’: Cook pledge to Japan

Premier Roger Cook has sought to reassure Japan that WA gas remains reliable, despite growing pressure from environmental activists and global uncertainty as a result of US President Donald Trump.

Jessica Page

Reserve Bank Governor Michele Bullock explains the decision to keep rates on hold.

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live
RBAComments
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RBA Governor explains why interest rates were kept on hold

Michele Bullock is speaking out after the Reserve Bank shocked economists and homeowners by keeping interest rates on hold. Follow it live here.

David Johns

Mineral Resources managing director Chris Ellison.

CEOsCommentsPremiumMinRes cast doubts over Chris Ellison departure

Presentation notes to be used by new chair Malcolm Bundey in meetings with investors and proxy advisers this week say Mr Ellison’s planned exit timeline is being ‘reviewed’.

Sean Smith

RBA Governor Michele Bullock, US President Donald Trump

BusinessCommentsRBA faces tough decision amid global uncertainty

JACKSON HEWETT: As global tensions rise, the Reserve Bank weighs its options amid fresh challenges. Today’s decision could signal a new direction for Australia’s economy in uncertain times.

Jackson Hewett

Anthony Albanese has confirmed he is travelling to China where he is expected to meet President Xi Jinping.

Federal PoliticsCommentsAlbanese set to travel to Beijing, Shanghai and Chengdu

Prime Minister Anthony Albanese has confirmed his visit to China from Saturday, when he is heading to Beijing, Shanghai and Chengdu.

Katina Curtis

AustralianSuper, the nation’s largest pension fund, has ended its overweight position in global equities, of which US shares make up the largest proportion, citing the geopolitical uncertainties caused by Trump’s changes. 

MarketsPremiumWhere the $4.1tr super industry is sending your money

The top funds in the $4.1 trillion super industry are eyeing opportunities beyond the US, saying stock valuations there look stretched and President Donald Trump’s policies are increasing volatility.

Amy Bainbridge and Richard Henderson

RBA rate cutting cycle unlikely to see house prices boom. NewsWire / Andrew Henshaw

EconomicsHouse price warning as RBA call all but sealed

Australia’s house prices are rising thanks to interest rate cuts, but experts warn the market won’t repeat the 25 per cent boom seen in 2021 as worsening affordability limits growth.

Cameron Micallef

President Donald Trump has whacked South Korea and Japan with 25 per cent tariffs. (AP PHOTO)

BusinessCommentsDonald Trump serves up new tariffs

US President Donald Trump has placed a 25 per cent tax on goods imported from Japan and South Korea and tariffs on a handful of other countries.

L to R: Rupert Friend as Martin Krebs, Mahershala Ali as Duncan Kincaid, and Bechir Sylvain as Leclerc in JURASSIC WORLD REBIRTH, directed by Gareth Edwards.

RetailPremiumA monster run for latest dinosaur movie

The latest Jurassic World movie has earned more than $100 million over a huge few days in North America.

Mundella is a well-known brand selling yogurts.

Administration and liquidationPremiumDebts pass $16m in sticky situation for dairy business

The future of dairy empire Mundella hangs in the balance amid revelations the yoghurt-maker’s debts have surged beyond a whopping $16 million.

Matt Mckenzie

Bellevue Gold managing director and chief executive Darren Stralow in front of the processing plant last July.

Better returnsPremiumBellevue improves cash returns, output still lags

Bellevue Gold shares rose in early trade on Monday after the company released improved financial results for the June quarter, even though production still failed to meet expectation.

Neil Watkinson

The Reserve Bank board has signalled it's seeking more information on the state of economy. (Aap Images/AAP PHOTOS)

Business'Beats to its own drum': rates on hold in surprise call

The central bank has defied expectations of an interest rate cut, citing a strong jobs market and global uncertainty for its decision.

Poppy Johnston

The US taste for Australian beef will remain strong as local supply declines due to higher costs. (James Ross/AAP PHOTOS)

AgricultureBright spots in agriculture amid market volatility

Demand for Aussie beef looks set to remain strong, with reason for "cautious optimism" across agriculture after months of extreme weather and trade uncertainty.

Stephanie Gardiner

Tariff letters sent to countries mark a new phase of US President Donald Trump's trade war. (AP PHOTO)

BusinessTrump ramps up trade war in tariff letters to leaders

US tariff letters sent to more than a dozen nations hint at the possibility of further negotiation but warn reprisals will be met with a like-for-like response.

Jeff Mason, Bart H. Meijer and David Brunnstrom