There was little change on Wall Street after positive producer price data kept the possibility of a smaller 25 basis point interest rate cut by the US Federal Reserve on the table, while shares in vaccine maker Moderna slumped following a pessimistic sales forecast. The producer price index (PPI) for final demand rose 0.2 percent … Read more
This week's Bulls N' Bears Runner of the Week is… Golden Deeps. The exploration operation focused on its NSW precinct hit high-grade copper-zinc, while Osmond Resources, Energy Metals and Killi Resources were also busy.
Drivers looking to save money at the pump should pay close attention to gasoline price cycles to maximize their savings, a new study finds. The Australian Competition and Consumer Commission has calculated that a driver who fills up with 50 litres of regular unleaded petrol each week could save up to $740 in 2023, depending … Read more
Investors have sharply rejected the fast-growing Mader Group and see another strong jump in profits as a rejection of forecasts for slower growth. Shares in the mining vehicle maintenance company fell as much as 17 percent on Tuesday, even though Mader again met his forecast with an increase in annual profit by almost a third … Read more
The opposition minister for indigenous peoples has sharply criticised the Office of Environmental Protection and raised concerns about people posing as Aboriginal people in the wake of the rejection of a planning application for a billion-dollar gold mine.
The median sales price of a residential unit in Perth has reached its previous high of 2014, rising 2.2 percent to $450,000 in July, up 12.5 percent from a year earlier. It's been a long wait for homeowners, especially those who bought ten years ago and saw prices drop during the recession.
China's falling demand for iron ore will cost Australia more than $3 billion, the Treasury warned. A 38 percent drop in prices since the beginning of 2024 has raised alarm bells, as the economic success of both WA and the country depends on iron ore exports.
Andrew Forrest ignores the fluctuating iron ore prices and instead boasts about the “wall of buyers” waiting in 12 months for tonnes of green iron metal from a yet-to-be-built plant in the Pilbara.
Skoda Australia has revised its local Karoq range, introducing new nameplates and equipment while increasing the price of the mid-size SUV. The Skoda Karoq series most recently consisted of an entry-level variant of the same name, the mid-range variant Style and the flagship Sportline, with the trio now renamed Select, Sportline 4×2 and Sportline 4×4 … Read more
There was a time when you could spend a million dollars to buy a house in Perth and secure a water view and a pool. For buyers today, this is just a fairy tale.