Latest Economy News & Archive

Australia's Fuel Crisis in 2026: What's Happening Now, What the Government Is Doing and What Comes Next

Australia's fuel crisis, triggered by U.S.-Iran tensions, stabilises after government interventions. The crisis exposed vulnerabilities in Australia's fuel supply chain, prompting calls for increased domestic refining capacity.

Perpetual Shares Surge Nearly 17% After Rejecting EQT-Backed Takeover Bid It Called Undervalued Today

Perpetual Ltd rejected a takeover bid from EQT, causing its shares to surge 17%. The offer was deemed inadequate, sparking market speculation about potential future negotiations.

ASX 200 Closes Lower on Last Day of Financial Year as RBA Minutes Flag Inflation Risk and Gold Miners Sink

ASX 200 Top Gainers: Telix Pharma Jumps 3.23% on FDA

Australia's ASX 200 fell 0.51% as RBA's hawkish minutes and a gold selloff overshadowed a solid financial year end. The RBA hinted at potential rate hikes amid inflation concerns.

Cobram Estate Olives Shares Surge 8% Today as Australia's Top Olive Oil Maker Rides Global Supply Crunch

Cobram Estate Olives shares surged as investors bet on its growth amid global olive oil supply disruptions. The company's strategic U.S. expansion and market positioning drive optimism despite valuation concerns.

More news

Neuren Pharmaceuticals Shares Surge 36% on Positive European Opinion for Rett Syndrome Drug

Neuren Pharmaceuticals' shares rose 36% after its Rett syndrome drug received a positive EU recommendation, marking a significant milestone for the rare disease treatment.

Tony Jackson Jun 29, 2026

ASX 200 Rises 0.36% Monday as US-Iran Truce Eases Oil Fears and Global Markets Rebound From Tech Rout

The ASX 200 rose 0.36% as a U.S.-Iran truce eased oil concerns, boosting global markets. Investors remain cautious amid ongoing geopolitical and economic uncertainties.

Mike Clair Jun 29, 2026

Tesla Shares Advance More Than 3 Percent as EV Maker Maintains Leadership in Electric Vehicles

Tesla's shares rose over 3% as investors showed confidence in its electric vehicle leadership, energy solutions, and autonomous driving advancements, highlighting its strategic market position and growth potential.

Mike Clair Jun 27, 2026

Intel Shares Tumble More Than 3 Percent as Chipmaker Faces Competitive Pressures

Intel's shares fell as the company faces challenges in the competitive semiconductor market, with delayed product launches and increased competition impacting its market position and investor confidence.

Mike Clair Jun 27, 2026

Perseus Mining Shares Rise 3 Percent as Gold Producer Benefits from Strong Metal Prices

Perseus Mining Ltd. sees a share price increase due to high gold prices and strong operational performance in West Africa, focusing on efficient production, exploration growth, and responsible mining practices.

Mike Clair Jun 26, 2026

Resolute Mining Shares Rise 4 Percent as Gold Producer Benefits from Strong Metal Prices

Resolute Mining Ltd. shares rose over 4% due to high gold prices and strong operational performance, with strategic positioning and responsible mining practices enhancing investor appeal.

Tony Jackson Jun 26, 2026

ASX 200 Falls to 8,714.5 as Lithium Stocks Tumble and Dollar Strengthens on Hawkish Fed Bets

The ASX 200 dropped 0.39% due to lithium stock selloffs and a stronger US dollar, influenced by hawkish signals from new Federal Reserve Chair Kevin Warsh.

Tony Jackson Jun 26, 2026

Guzman Y Gomez Shares Surge 8 Percent as Australian Fast Food Chain Gains Momentum

Guzman Y Gomez shares rose over 8% due to strong performance and expansion plans, highlighting its growth in Australia's competitive quick-service restaurant sector with fresh, Mexican-inspired offerings.

Tony Jackson Jun 25, 2026

Reece Shares Jump 9.5% Near 52-Week High as U.S. Housing Recovery Bets Build

Reece Limited's shares surged 9.48%, nearing a 52-week high, as investors weigh its U.S. housing market exposure. Analysts remain divided on the company's growth prospects amid recent financial challenges.

Mike Clair Jun 25, 2026

S&P ASX 200 Slips 0.33 Percent as Australian Markets Navigate Global Economic Signals

The S&P/ASX 200 index fell slightly as investors considered global market cues and domestic economic factors, with mining and energy shares under pressure and financials showing mixed results.

Tony Jackson Jun 25, 2026

Elevra Lithium Shares Surge on Strong Quarterly Revenue and Expansion Momentum

Elevra Lithium Ltd. reports a 22% revenue increase for Q1 2026, driven by North American expansion and strong demand for battery materials, boosting investor confidence and stock performance.

Mike Clair Jun 24, 2026

Xero Shares Rebound 8.3% as Stock Bounces Off Recent Lows Amid Tech Sector Volatility

Xero Limited's shares rose 8.29% after a significant decline, amid broader ASX technology sector weakness. The company's recent earnings miss and market conditions have impacted investor sentiment.

Tony Jackson Jun 24, 2026

WiseTech Global Shares Crash 18% as Police Investigate Founder Over

WiseTech Global Jumps 13% Off Seven-Year Low as Company Denies Awareness of Investigation Into Chair

WiseTech Global shares surged 13% after denying awareness of an investigation into its chairman. Despite recent declines, analysts remain positive about the company's long-term prospects.

Tony Jackson Jun 24, 2026

ASX 200 Holds Near 8,785 as Commodity Slump and Wall Street Tech Rout Weigh on Sentiment

The ASX 200 index experienced volatility due to declining commodity prices and anticipation of key inflation data, with mixed sector performances and significant corporate developments impacting investor sentiment.

Tony Jackson Jun 24, 2026

Telix Pharmaceuticals Rises 2.5% as Stock Continues Rebound From Three-Year Low

Telix Pharmaceuticals' stock has rebounded from a three-year low, driven by its expanding pipeline of cancer treatments and ongoing regulatory approvals, despite mixed analyst opinions and short-seller interest.

Tony Jackson Jun 23, 2026

Microsoft plans to offer AI training to three million people in Japan

Japan Quintuples Visa Fees Starting July 1, but Most Tourists Won't Feel It

Japan will increase visa fees from July 1, affecting specific categories. Most Australian tourists remain unaffected, but working holiday-makers and long-term residents face higher costs.

Anthony Will Jun 23, 2026

Commonwealth Bank Shares Rise 0.64 Percent to 164.45 as Australian Lenders Show Stability

Commonwealth Bank of Australia shares rose by 0.64%, closing at 164.45, reflecting steady investor confidence amid stable economic conditions and positive sentiment in the banking sector.

Tony Jackson Jun 23, 2026

Iluka Resources Shares Sink 11% as Mineral Sands Miner's Volatile Year Continues

Iluka Resources experiences significant stock volatility in 2026, driven by weak commodity pricing and a strategic shift towards rare earths processing, impacting its financial performance and market position.

Mike Clair Jun 23, 2026

ASX 200 Slips Again as Trump's Iran Threats and WiseTech Scandal Weigh on Sentiment

The ASX 200 fell 0.19% amid U.S.-Iran tensions and WiseTech Global's scandal, with investors cautious ahead of key inflation data. Mixed sector performance and oil price volatility added to market uncertainty.

Tony Jackson Jun 23, 2026

ASX 200 Climbs as Industrials Lead Top Gainers Amid Mixed Market Sentiment on June 22

The Australian stock market saw gains with the ASX 200 index rising, driven by strong performances in industrials, healthcare, and mining sectors, despite broader economic uncertainties.

Mike Clair Jun 22, 2026

Minerals 260 Shares Rise 5.1% as ASX Explorer Extends Remarkable Year-Long Rally

Minerals 260 Ltd, a Perth-based mineral exploration company, has seen its shares rise over 400% in the past year, driven by strong investor interest and a diverse project portfolio.

Tony Jackson Jun 22, 2026

ASX 200 Edges Lower at Monday Open as Hormuz Tensions and Weak US Futures Weigh on Sentiment

The ASX 200 dipped slightly amid renewed Hormuz tensions and softer U.S. futures, affecting energy and resource stocks. Traders remain cautious as geopolitical uncertainties influence market sentiment.

Tony Jackson Jun 22, 2026

5 States Losing the Most Big Companies in 2026, and 5 States Cashing In on the Exodus

In 2026, high-tax states like California and New York saw major corporate headquarters relocate to Sun Belt states such as Texas and Florida, driven by lower taxes and business-friendly policies.

Tony Jackson Jun 21, 2026

Life360 Shares Jump 6.2% as Uber Ride Integration Launches for Family Safety App

Life360's stock rose 6.19% following a new Uber integration, enhancing its family safety platform. The company reported record financial results, with significant revenue and user base growth.

Tony Jackson Jun 19, 2026

Weebit Nano Shares Jump 6.6% as ASX Semiconductor Stock Extends Run on ReRAM Momentum

Weebit Nano's stock rose 6.61% due to strategic partnerships, including a deal with Texas Instruments, and accelerating revenue growth, highlighting its potential in the semiconductor memory technology market.

Mike Clair Jun 19, 2026

Australian Beef Hit With 55% China Tariff After Hitting Import Quota in Record Time

Australian beef exports to China will incur a 55% tariff after surpassing the annual import quota, prompting producers to explore alternative markets and potentially reshaping global trade dynamics.

Tony Jackson Jun 19, 2026

4DMedical Shares Jump 17.6% as ASX Respiratory Imaging Stock Extends Remarkable Yearlong Rally

4DMedical Ltd's stock surged 17.62% as the company expands its respiratory imaging technology across the U.S. and Europe, driven by regulatory clearances and commercial contracts.

Mike Clair Jun 19, 2026

Electro Optic Systems Shares Surge 12.6% as ASX 200 Inclusion and Defense Boom Fuel Rally

Electro Optic Systems' shares surged 12.63% as the company prepares for ASX 200 inclusion, driven by strong order intake and investor enthusiasm. Recent capital raises and strategic acquisitions bolster growth prospects.

Tony Jackson Jun 19, 2026

FTSE 100 Surges 0.8% Today as Oil Eases and Markets

Australia's ASX 200 Tumbles 91 Points as Trump's Iran Warning and Fed Rate Caution Rattle Markets

Australia's ASX 200 fell sharply due to global market anxiety, driven by U.S. Federal Reserve signals and Middle East tensions, ending a recent winning streak for Australian equities.

Tony Jackson Jun 19, 2026

ASX 200 Climbs as Biotech and Mining Stocks Lead Gainers on June 18, 2026

The S&P/ASX 200 index saw gains driven by biotechnology and resources sectors, with companies like Mesoblast and Deep Yellow leading due to interest in regenerative medicine and nuclear energy.

Mike Clair Jun 18, 2026

ECONOMY

Pages