May 16, 2024

The number of new jobs and the number of unemployed workers rose in April, as the labour market seemingly moved to the cusp of a major change. The April jobs report suggests the labour market is still tight. There were more workers looking for jobs last month, so the number of jobless rose, which suggests […]

Fonterra (ASX:FSF), the large Kiwi dairy group, wants to exit Australia. The company owns household brands such as Western Star butter, Perfect Italiano, and Mainland cheese, and has eight Australian manufacturing sites in Victoria and Tasmania. It also has the rights to Bega Cheese and butter, and analysts wonder if the acquisitive Bega company will

Paul Sanger: I’m Paul Sanger for the Finance News Network, and today I’m talking to Hazer Group, trading under the ASX code HZR with a market capitalization of around 108 million. Hazer Group is a pioneering technology development company, undertaking the commercialization of the Hazer process, a low emission hydrogen and graphite production process. The

To register for Friday’s webinar click here. Sunstone Metals (ASX:STM) announced that their assays reveal significant gold-copper mineralisation at surface, highlighting scope for substantial maiden resource. Where the porphyry is exposed as fresh rock in the trench, the copper values are elevated up to 0.22% copper and 0.16% copper, suggesting overall copper has been leached

Australian employment rose by 38,500 in April, with the unemployment rate climbing to 4.1%, up from the previous month’s 3.9%. Despite the increase, the labor market remains robust, posing challenges for inflation targets, as indicated by the Reserve Bank’s downward revision of jobless rate projections. The Australian Bureau of Statistics attributes the rise in unemployment to

Shareholders in gaming machine group Aristocrat Leisure (ASX:ALL) will receive a higher interim dividend of 36 cents per share after the company reported a 9% rise in after-tax earnings to $711 million for the six months ending on March 31. The company informed the ASX on Thursday that the 20% increase in the interim dividend