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Australian sharemarket treads water as gains in material sector counter falls in bank stock

Australian sharemarket treads water as gains in material sector counter falls in bank stock

Strong iron ore prices and a lead in from Wall Street was not enough to lift a lagging day of trading on the Australian sharemarket. The ASX 200 index finished down 1.9 points or 0.02 per cent to 8595.8 on a sea sawing day of trading which saw it...

Millions of Australians relying on an inheritance to achieve major financial goals

Millions of Australians relying on an inheritance to achieve major financial goals

Millions of Australians are relying on an inheritance to achieve major financial goals such as purchasing a home or retiring, but experts are warning the expectation of a windfall is creating a "false sense of security". A survey by comparison...

Employers disappointed with small business definition review

Employers disappointed with small business definition review

"While we appreciate the FWO's work in consulting stakeholders, it is inadequate that the review has not recommended any changes to the outdated 15-headcount definition of a small business employer," said COSBOA CEO Luke Achterstraat in a...

Australia's First Orbital Rocket Launch Delayed Again

Australia's First Orbital Rocket Launch Delayed Again

TEMPO.CO, Jakarta - The inaugural launch of Australia's Eris-1 orbital rocket, built by Gilmour Space, has been delayed once again. The rocket was previously scheduled to launch from Pad 1 at the Bowen Orbital Spaceport in Queensland on July 2,...

Australian man celebrating new home with backflip dies of head injury

Australian man celebrating new home with backflip dies of head injury

Your support helps us to tell the story From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our...

Australia’s AI advantage? Policy, land—and $115 billion in potential, says OpenAI

Published on July 3, 2025 Our land availability, policy stability and access to renewables are valuable building blocks for the AI future, OpenAI’s Australian Blueprint states. But is the report written for Australians, or for the bottom line of...

Australian teen dies after tragic backflip accident in new home

Australian teen dies after tragic backflip accident in new home

Daijiworld Media Network – Queensland Queensland, Jul 3: In a heartbreaking incident, an 18-year-old Australian youth, Sonny Blundell, lost his life after suffering a severe head injury while attempting a backflip in his new apartment in the Gold...

Australian Dollar Remains Under Pressure As Trade Surplus Narrowed In May

Wednesday, July 2, 2025 11:10 PM EDT Image Source: Unsplash The Australian Dollar remains subdued after the trade surplus narrowed to 2,238M MoM in May, against the expected 5,091M. China’s Caixin Services PMI fell to 50.6 in June from 51.1 in...

US stocks gained and the dollar strengthened after US jobs data topped forecasts ahead of Independence Day - Newsquawk Asia-Pac Market Open

US stocks gained and the dollar strengthened, while Treasuries and gold sold off in the wake of strong jobs data in which Non-Farm Payrolls topped forecast and the Unemployment Rate unexpectedly declined, while wages metrics cooled and Jobless...

Australian Man Dies Of Multiple Strokes, Brain Bleed After A Backflip To Celebrate New Apartment

Australian Man Dies Of Multiple Strokes, Brain Bleed After A Backflip To Celebrate New Apartment

Last Updated:July 03, 2025, 13:33 IST An Australian man died after suffering multiple strokes and a brain bleed caused by a head injury during a backflip while celebrating his new home. Sonny Blundell, who died of head injuries after a backflip...

Australian Embassy hosts exclusive Industry Breakfast Briefing

Australian Embassy hosts exclusive Industry Breakfast Briefing

Australian Ambassador to Qatar H E Shane Flanagan and Vice-Chairman of BUC Dr. Hassan Al-Derham with other officials during the event. Doha, Qatar: In a landmark initiative to foster future-ready talent and deepen bilateral ties, the Australian...

Ovotrack partners with LocalTeam Australia

Ovotrack, a global leader in traceability and process automation for the egg industry, has signed a Letter of Intent with LocalTeam Australia (LTA), a Queensland-based ICT service provider with expertise in the poultry sector. Effective July 2025,...

Two US aid workers hurt: Gaza Humanitarian Foundation

Two US aid workers hurt: Gaza Humanitarian Foundation

The Gaza Humanitarian Foundation says two US aid workers have suffered non-life-threatening injuries in a grenade attack at a food distribution site in the Gaza Strip. The United States and Israeli-backed GHF said in a statement that the injured...

Australia, NZ dollars wary as much rides on US jobs report

Australia, NZ dollars wary as much rides on US jobs report

SYDNEY: The Australian and New Zealand dollars drifted away from multi-month highs on Thursday as investors took cover ahead of a US jobs report that could decide the course of rate cuts there. Markets are on edge after a weak reading on US...

Dave Tuke sells his National Mini Storage chain to A$4 billion Australian giant Kennards

Dave Tuke sells his National Mini Storage chain to A$4 billion Australian giant Kennards

That statement did not name Tuke, who has a passion for classic cars. “Over the following three decades, it expanded to 13 well-located operating centres across Auckland,” the statement said. “In 1997, it delivered Australasia’s first...

This Sydney institution has ranked as Australia’s best university

This Sydney institution has ranked as Australia’s best university

Show me a Sydneysider and I’ll show you a person who isn’t shy about singing the praises of our stunning Harbour city. Top tier dining – we got it. Beautiful beaches – we got ‘em. World renowned universities – tick, tick, tick. According to a...

CBA sees Australia entering new era of instability

CBA sees Australia entering new era of instability

The message may not be ‘afraid, be very afraid’, but the latest economist's prognosis from Australia’s largest bank does not make easy reading. Commonwealth Bank of Australia (CBA) sees the outlook for the global environment as a departure from...

Australia reveal fielding plan for returning Smith

Australia reveal fielding plan for returning Smith

Australia are set to be reinforced by Steve Smith's return to their top order but may miss his reassuring presence in the slip cordon in the second test against West Indies in Grenada this week. Smith missed Australia's victory in the series...

Gates Honors Career Civilian Employees for Service, Dedication

Gates Honors Career Civilian Employees for Service, Dedication

WASHINGTON, UNITED STATES 10.20.2008 Courtesy Story Defense Secretary Robert M. Gates today honored career civilian employees from throughout the department, crediting them with providing extraordinary support to warfighters and their families...

Australia banned Kanye for antisemitism. His misogyny? No problem

Australia banned Kanye for antisemitism. His misogyny? No problem

Yesterday, Immigration Minister Tony Burke lay a firm stake in the ground: Kanye West (now Ye) isn’t welcome on Australian soil. The ban of Ye’s tourism visa stemmed from the release of his new single ‘Heil Hitler’ in May, with the music video...

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