ANZ’s economics team has reaffirmed its prediction that the Reserve Bank of Australia (RBA) will refrain from further interest rate cuts at its upcoming meeting next week. This forecast follows the release of the latest quarterly inflation data. ANZ is one of Australia’s largest banks, providing a range of financial services to retail, commercial, and […]
ANZ Expects RBA to Hold Rates Steady Read More »
Australian shares dropped following the release of higher-than-expected CPI figures. Core inflation edged up to 1 per cent in the third quarter, surpassing forecasts. Meanwhile, several of the nation’s largest construction firms, including Hutchies, Richard Crookes, BuildCorp, and Kane, have reported improved full-year earnings, signalling a return to pre-downturn profit levels. In retail news, Woolworths
Inflation Ticks Up, Retail Sales Lag Read More »
Tribune Resources Ltd (ASX: TBR), a company engaged in gold exploration, development and production, today announced its quarterly report for the period ending September 2025. A key highlight was the processing of 78,296 tonnes of ore at 2.89 g/t from the East Kundana Joint Venture (EKJV) operations, in partnership with Evolution Mining Limited at the
Tribune Resources (ASX: TBR) Reports Strong Gold Production in September Quarter Read More »
Scorpion Minerals Limited (ASX:SCN), an Australian mineral exploration and resource development company focused on discovering world-class deposits, has announced encouraging results from its Reverse Circulation (RC) drilling program at the Pharos Gold Project in Western Australia. Assay results from July drilling confirmed significant gold mineralisation near the surface at the Cap Lamp prospect, including intercepts
Scorpion Minerals Identifies High-Grade Gold, Forges Strategic Partnership Read More »
Elixir Energy Limited (ASX: EXR) has provided an update on its operations in the Taroom Trough and greater Surat-Bowen Basin in Queensland. Elixir Energy is an Australian oil and gas exploration and development company, focused on unlocking the potential of unconventional gas resources. The company holds a significant acreage position in Queensland’s Taroom Trough. The
Elixir Energy Gears Up for Queensland Operations Read More »
Atlas Iron, a subsidiary of Gina Rinehart’s Hancock Prospecting, reported a 41 per cent decrease in full-year profit, attributing the downturn to cyclonic weather and lower iron ore prices. The West Australian company posted a net profit of $260 million for the 2024-25 financial year, a significant drop from the $440 million recorded in the
Atlas Iron Profit Plunges Amid Cyclones, Price Drop Read More »
Arika Resources Limited (ASX: ARI), focused on delivering value to shareholders through the development and discovery of high-quality gold assets, has announced promising assay results from its ongoing drilling program at the Yundamindra Gold JV Project in Western Australia. The Yundamindra Gold JV Project is located 65km south-west of Laverton, 250km north of Kalgoorlie, Western
Arika Resources Hits High-Grade Gold in Yundamindra Drilling Read More »
Boss Energy has announced a strong September quarter, marked by record drummed production of 385,910 pounds of U3O8. The company achieved this at a C1 cash cost of $US34 per pound, positioning it favourably against its FY26 guidance. This performance has led to robust free cashflow generation during the quarter. Boss Energy is focused on
Boss Energy Reports Record Uranium Production Read More »
Woolworths Group, a major Australian supermarket chain, reported that its first-quarter sales performance was below company targets and market expectations. Despite a 2.7 per cent increase from the prior year, reaching $18.5 billion, chief executive Amanda Bardwell acknowledged the results did not meet internal aspirations. Woolworths operates a network of supermarkets and retail stores across
Woolworths’ Sales Growth Trails Market Expectations Read More »
CVC Limited is considering a new offer of CVC Capital Notes, potentially including a reinvestment option for certain holders of CVC Notes 2. The offer’s launch is contingent upon prevailing market conditions and receipt of necessary regulatory approvals. CVC Limited is an investment firm focused on generating absolute returns from investment grade assets and undervalued
CVC Limited Considers New Capital Notes Offer Read More »
