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Inflation eases, paving the way for interest rate stability

In a positive turn of events, Australia has witnessed the smallest increase in inflation in over a year. This development could potentially influence the Reserve Bank’s decision to maintain interest rates when it convenes on Tuesday. According to the Australian Bureau of Statistics, the monthly Consumer Price Index (CPI) indicator rose by 5.6 per cent […]

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Andover all your spare change: Azure’s WA lithium find could break the records

For ASX-listed Azure Minerals (ASX:AZS), identifying one of Western Australia’s most exciting lithium finds involved deep trawling through long-forgotten archives in the bowels of the state’s museum. Paradoxically, Azure initially was focused on another commodity – nickel – at its flagship Andover project, covering 70 square kilometres in the rugged Pilbara region. Azure chief Tony

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PointsBet board backs FBG’s enhanced US$225m proposal

Fanatics Betting and Gaming has made an improved proposal to acquire PointsBet’s (ASX:PBH) US business for a headline cash consideration of US$225 million (~A$333 million), representing a 50% increase compared to the previous bid. The PointsBet Board unanimously recommends accepting FBG’s offer, citing the higher price and the certainty of timely completion. The transaction will

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Stocks of the Hour: Raiden Resources, Encounter Resources, Stellar Resources

Raiden Resources (ASX:RDN) has entered into a transaction to acquire an 80 per cent interest in the Welcome Exploration tenements. These are located in the Pilbara region of WA. Dusko Ljubojevic, MD of Raiden, commented: “With credit to Raiden’s management team, the company has managed to secure prospective ground immediately adjacent to one of the

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Gina Rinehart makes inroads into British beef market with Australia-UK free trade deal

Australian billionaire businesswoman Gina Rinehart, through Hancock Agriculture (ASX:HAN), has seized the opportunity presented by the recently signed Australia-UK free trade deal to enter the British beef market. Rinehart introduced her premium beef products, including the renowned wagyu product called 2GR, from Hancock Agriculture and three new high-quality meats from S. Kidman farms (ASX:KID). Emphasising

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