G'Morning

Wall St drops, Treasury yields rise as US downgraded

US stocks have opened lower as investors dropped shares in major technology companies.

Mon, 19 May 2025 14:51:04 GMT

Tasmanian smelter Liberty Bell Bay pauses operations, leaving 250 workers in limbo as governments call for support

Hundreds of workers have been left in limbo after a major industrial plant announced an indefinite suspension of operations – raising concerns about jobs and energy prices.

Mon, 19 May 2025 11:02:21 GMT

Major industrial employer scales back amid tariffs

A major Australian manganese alloy smelter has scaled back production, citing global supply chain issues and US tariffs, and is encouraging staff to take leave.

Mon, 19 May 2025 08:29:38 GMT

PERTH FIRST: a surreal month at Claremont Quarter

Airship Orchestra is a surreal, larger-than-life art installation lighting up the precinct and turning an ordinary shopping trip into a whimsical experience.

Mon, 19 May 2025 03:30:15 GMT

US debt gloom looms as Aussie shares break winning run

The Australian share market is down as concerns about spiralling US debt weighed on investor sentiment as eyes turn to the RBA's call on interest rates.

Mon, 19 May 2025 02:32:39 GMT

World stocks and dollar fall after US credit downgrade

US stock futures and the dollar have slipped while Treasury yields rose after a credit rating downgrade, while European and Asian shares also dipped.

Mon, 19 May 2025 01:35:25 GMT

Domino’s Australia New Zealand boss announces shock resignation

Embattled pizza giant Domino’s has announced it is looking for a new top boss in Australia after its chief executive resigned less than a year into the job.

Mon, 19 May 2025 01:02:32 GMT

‘Alarming’: Vodafone accuses Telstra of misleading millions of Australians

Vodafone is calling for the ACCC to investigate its rival Telstra after claiming the telco giant has been misleading its customers for more than a decade.

Mon, 19 May 2025 00:57:00 GMT

$1-million-plus homes in surprising locations around Perth, as one in four properties breaks $1m threshold amid Perth’s astonishing property boom.

Dramatic new figures show the proportion of homes now selling for a seven-figure price tag has more than doubled in three years amid the surging price of Perth real estate.

Mon, 19 May 2025 00:52:27 GMT

Wall St advances on trade hopes amid investor pessimism

Indexes up: Dow 0.78 per cent, S&P 500 0.70 per cent, Nasdaq 0.52 per cent; Applied Materials falls after Q2 revenue miss.

Sun, 18 May 2025 21:01:56 GMT

Erotic trend sweeping posh suburbs as spicy fantasy books take over TikTok

The younger generation has revived the once low-brow book genre.

Sun, 18 May 2025 08:30:00 GMT

‘Worth it’: Savers urged to do one thing ahead of RBA meeting

A flurry of banks are slashing interest rates outside of the RBA cycle, but there are things savers can do to ensure they are getting a competitive rate.

Sun, 18 May 2025 03:05:00 GMT

Interest rate cut tipped despite Trump tariff backdown

The Reserve Bank is widely expected to deliver a second interest rate cut as global trade uncertainty threatens to rain on Australia's economy.

Sun, 18 May 2025 02:01:39 GMT

House That! World champ Danny Green weighs in with Scarborough property listing

Danny Green has listed his long-held investment property in the beachside suburb he loved long before the rest of Perth.

Sat, 17 May 2025 18:00:00 GMT

US to send letters within weeks on trade: Trump

US letters on trade will be sent to other countries over the next two to three weeks, US President Donald Trump says.

Fri, 16 May 2025 19:56:06 GMT

Wanneroo to host hundreds of racers for 2025 WA Pedal Prix this Sunday, May 18

The event will showcase a record number of teams from across the State, coming together for an exciting display of endurance, teamwork, and engineering.

Fri, 16 May 2025 18:00:00 GMT

Wall St advances on trade hopes amid investor pessimism

Indexes up: Dow 0.78 per cent, S&P 500 0.70 per cent, Nasdaq 0.52 per cent; Applied Materials falls after Q2 revenue miss.

Fri, 16 May 2025 15:53:03 GMT

ASX extends winning streak to eighth straight session

ASX investors have kept the ASX winning streak alive during Friday’s trading thanks to a surge in property and healthcare stocks.

Fri, 16 May 2025 08:18:00 GMT

‘F***ing orange man’s Tarrifs’: US woman takes to Tiktok after order from Australia slapped with huge fee

A US woman has taken to TikTok to vent her frustration over being hit with a $300 fee after ordering from a store in Australia, only to be met with little sympathy.

Fri, 16 May 2025 05:12:20 GMT

'Eye-watering': CBA shares break all-time highs

Commonwealth Bank shares have surged to record levels yet again, but experts say its earnings don't justify the price tag.

Fri, 16 May 2025 04:24:32 GMT

European shares to cap strong week on upbeat earnings

Asian markets have risen and European stocks are heading for a fifth week of gains as a US-China trade truce and positive earnings news buoy investors.

Fri, 16 May 2025 02:58:01 GMT

Ratepayers have been whacked with costly bill jumps in Sydney’s Northern Beaches

Ratepayers in one Sydney council have been slugged with a major hike in rates, while another council has failed in its application to hike rates by almost 90 per cent.

Fri, 16 May 2025 02:35:24 GMT

‘Slayed the dragon’: CBA says Australia has beaten inflation, tips more rate cuts

A major Aussie bank has signalled Australia has finally “beaten” inflation – but there’s a catch before struggling mortgage holders could see back-to-back rate cuts.

Fri, 16 May 2025 01:35:47 GMT

NSW government accused of defends controversial workers compensation reform

Unions representing tens of thousands of workers across one state are fighting reform to workers compensation one likened to a “dark-alley backstabbing”.

Thu, 15 May 2025 23:38:56 GMT

No penalty for bookmaker that targeted problem gamblers

People on the gambling self-exclusion register were sent marketing messages by an online bookmaker, but it will not be penalised, the industry regulator says.

Thu, 15 May 2025 17:31:56 GMT

Cyber attack, data breach hits fashion giant Dior

Fashion brand Dior says its customer data has been accessed in a cyber attack.

Thu, 15 May 2025 14:48:41 GMT

NAB Bank: Thousands of customers unable to access accounts as app goes down

Thousands of customers are unable to access their accounts.

Thu, 15 May 2025 08:07:15 GMT

British economy grows more quickly than forecast

The UK economy expanded faster than predicted in the first quarter of 2025, in a boost to the government as it tries to kickstart the country's sluggish growth.

Thu, 15 May 2025 06:34:02 GMT

Iconic sweet treat in jeopardy over worker pay disputes

Those looking to treat themselves to celebrate the end of the week may struggle to find an iconic sweet treat on the supermarket shelves.

Thu, 15 May 2025 04:47:34 GMT

Oil dives on US-Iran hopes as stocks surge stalls

A potential US-Iran nuclear deal has caused oil prices to tumble, while global share markets caught their breath as trade optimism died down.

Thu, 15 May 2025 02:32:39 GMT

Australian shares edge higher after shaky start

The Australian share market continues to trade at 11-week highs after a shaky start to the day ahead of a likely interest rate cut.

Thu, 15 May 2025 02:23:32 GMT

‘Overall level of caution’: Household spending subdued despite super holiday

Economic activity jumped in the month of April on the back of a “super holiday”, but Aussies need one thing before they feel confident to spend.

Thu, 15 May 2025 01:56:31 GMT

Telco complaints a symptom of cost-of-living crisis

Telcos are failing to offer sufficient help to customers struggling to pay their bills, as the telecommunications watchdog receives a spike in complaints.

Wed, 14 May 2025 17:35:49 GMT

ASX lifts for sixth straight session on latest trade news

Australia’s share market closed higher for the sixth consecutive trading session, after seesawing throughout the day, on the back of a strong bump in energy and technology stocks.

Wed, 14 May 2025 16:08:00 GMT

Wall St flat as investors focus on trade, await data

US stocks were flat, but closed slightly higher as investors await upcoming economic data.

Wed, 14 May 2025 14:54:22 GMT

Aussie woman Hana Andersonn shocked over Coles’ Promise on Price Scanning policy after receiving item for free

‘Has anyone else had this happen to them because I was actually stunned.’

Wed, 14 May 2025 13:31:38 GMT

European shares steady after surge on tariff truce

Asian shares have risen, European stocks are stable and US futures are flat as markets step back from their relief rally over easing trade tensions.

Wed, 14 May 2025 02:41:31 GMT

Bindaring Clothes sale: Boutique, designer, second-hand and vintage clothing on sale at Claremont Showground

It’s Perth’s largest pre-loved fashion event and it’s happening this month.

Wed, 14 May 2025 02:40:37 GMT

Flip the switch: Design Week starts with lights on show

Part of Melbourne Design Week, 100 LIGHTS shows off the sheer inventiveness of Australian lighting design.

Wed, 14 May 2025 02:38:29 GMT

Australian wages rise ahead of RBA rate announcement next Tuesday

Aussie workers’ wages are on the rise, but it could have a negative impact on the future rate cuts, with the RBA board due to meet next week.

Wed, 14 May 2025 02:18:15 GMT

Money still on rate cut despite surprise spike in wages

Workers have enjoyed their sixth consecutive quarter of pay packet growth as all eyes turn to the Reserve Bank's upcoming decision on interest rates.

Wed, 14 May 2025 01:45:05 GMT

‘Heightened risk’: CBA announces bumper profits but warns of Trump chaos

Australia’s biggest bank has posted a whopping three-month profit, but it comes with a warning as the threat of global tariff chaos looms large.

Wed, 14 May 2025 01:12:39 GMT

Donald Trump news: US President announces $927 billion investment deal with Saudi Arabia in Riyadh

US President Donald Trump has announced a near trillion-dollar deal with Saudi Arabia that will see investments in energy security, defence, technology and critical minerals.

Tue, 13 May 2025 21:05:37 GMT

More households want to go full electric but lack spark

Millions more Australian households plan to cut gas and go all-electric but many say they need more information and guidance to do so.

Tue, 13 May 2025 17:32:00 GMT

ASX rallies to 11-week high on a temporary tariff pause

A rally in energy stocks has helped drive the ASX 200 to an 11-week high as investors jumped back into shares following a US-China trade deal.

Tue, 13 May 2025 08:14:45 GMT

Mortgage holder pain set to remain until 2026

Households need more than a rate cut to feel like they are in control of their finances with the strain on some households tipped to last until early 2026.

Tue, 13 May 2025 06:47:55 GMT

Stocks edge up, dollar dips as trade-deal thrill fades

Euphoria over a trade truce between the US and China has faded on global share markets and left the greenback falling from its post-deal surge.

Tue, 13 May 2025 02:45:15 GMT

‘Fantastic opportunity’: Struggling homeowners urged to do one thing as rates fall

Australia’s lenders are slashing mortgage rates, citing increasing competition, but struggling homeowners still need to do this.

Tue, 13 May 2025 02:35:54 GMT

Aussie shares gain ground after US-China trade truce

A de-escalation in trade tensions between the world's two largest economies has sparked a stock market rally, pushing Australian shares higher.

Tue, 13 May 2025 02:34:06 GMT

Wall Street closes higher after US-China tariff truce

US stocks have closed higher as investors cheered indications of easing trade tensions between China and the United States.

Mon, 12 May 2025 15:56:30 GMT

Parents claim baby fell ill after using Coco2 infant formula

‘He just started to go downhill, just quite lethargic, lost all his colour, lost weight.’

Mon, 12 May 2025 10:01:42 GMT

Women revolt at NZ government's pay equity walk-back

An estimated 150,000 workers in female-dominated industries will miss out on increased pay after the New Zealand government axed their pay equity claims.

Mon, 12 May 2025 07:01:44 GMT

‘Record high’: Australian beef production jumps despite tariff threat

Australian beef exports hit an April volume record despite the looming tariff threat.

Mon, 12 May 2025 06:38:45 GMT

A $3.3m winning entry in Saturday’s Lotto Draw not yet claimed

Queensland residents have been urged to check their Lotto tickets, as a $3.3m winning entry remains unclaimed.

Mon, 12 May 2025 05:26:24 GMT

Stocks surge as US and China pledge to slash tariffs

US stock futures have jumped, German stocks have hit a record and the greenback has rallied as the US and China reach a trade deal that eased trade war fears.

Mon, 12 May 2025 03:03:33 GMT

Aussie shares pare gains ahead of US-China deal detail

Australian shares have edged slightly higher amid trade talks between the world's two largest economies, but a deal on tariffs is yet to come.

Mon, 12 May 2025 02:28:19 GMT

Wall St closes near flat with focus on US-China talks

Wall Street's main indexes finished slightly lower for the week, as investors gauge President Donald Trump's comments on Chinese tariffs ahead of trade talks.

Sun, 11 May 2025 21:01:06 GMT

The 'fact check' network waging a war on truth

A Russia-backed "fact-check network" has listed a controversial Australian academic among its contributors as the Kremlin shifts its information war efforts.

Sun, 11 May 2025 20:01:54 GMT

Monash University study researches how FIFO mining camp design impacts well-being for workers

A first-of-its-kind Australian study is researching how even small design choices at mining camps can have an impact on fly-in, fly-out workers’ wellbeing.

Sun, 11 May 2025 18:00:00 GMT

Trump defends prospect of Qatar gifting him a plane

Donald Trump has defended plans for his administration to accept a luxury jet as a gift, though the Qatari government says the proposal is still up in the air.

Sun, 11 May 2025 16:06:47 GMT

Australian woman behind Curvature Clothing points out ‘f**ked up’ detail on children’s t-shirts

‘It’s so common place and easily dismissed like ‘oh, they’re just kids’ t-shirts’ but actually when you think about it, it’s a bit deeper than that.’

Sun, 11 May 2025 11:51:24 GMT

Perth rental market finally cooling off for first time since 2021 after staggering run of price increases

New Figures from the Real Estate Institute of WA shows a welcome change for Perth renters.

Sat, 10 May 2025 18:00:00 GMT

US and China begin talks on easing trade war

Top US and Chinese officials have opened trade negotiations in Geneva after weeks of growing tensions over President Donald Trump's sweeping tariffs regime.

Sat, 10 May 2025 10:12:08 GMT

House That! Mosman Park home with a $20 million river view goes up for sale

Once home to Laurie Connell and Dallas Dempster, one of Perth’s most treasured properties has hit the market.

Sat, 10 May 2025 09:00:00 GMT

Google agrees to pay state of Texas $US1.3b for privacy breaches and is sued by Mexico after Trump call

Tech giant Google has been forced to settle a monstrous data breach privacy lawsuit with the state of Texas, to the tune of nearly $US1.4 billion and has been sued by Mexico.

Sat, 10 May 2025 00:55:50 GMT

‘Just trigger house price movements’: RBA cautioned on aggressive rate cuts

The Reserve Bank of Australia is being urged to go easy on interest rate cuts to avoid exacerbating an issue that just won’t go away.

Fri, 09 May 2025 23:05:41 GMT

Mexico sues Google for adopting Trump's Gulf of America

Mexico has sued tech giant Google over its labelling of the Gulf of Mexico as the Gulf of America.

Fri, 09 May 2025 20:55:00 GMT

‘Substantial relief’: ASX closes higher ahead of trade talks

The local market continued its cautious rally, as trade talks between the two largest economies are set to begin over the weekend.

Fri, 09 May 2025 07:53:10 GMT

‘Psychological: Banks slash interest rates out of cycle with RBA cash rate calls

Another big four bank has slashed its mortgage rates ahead of the RBA as competition among the banks heats up.

Fri, 09 May 2025 05:29:11 GMT