The Gap in Coal Supply After the Baltimore Bridge Collapse
The Baltimore bridge disaster has opened a brief opportunity for Australian coal exporters to fill a big gap in Indian coal imports -- especially coal needed by brick makers in the world's most populous nation.
Electrification Needs Gas to Bridge Shortfall: Operator
Australia is being urged to keep more of its gas for local use after official forecasts warned of shortages for homes and businesses.
Australia's Trade Surplus Expands to A$11 Billion in January
The surplus on trade goods in Australia increased in January due to a boost in exports of farm products and gold
Australia's Q4 Inflation Rate Eases to 0.6%, Falling Below Expectations
The CPI slowed to 0.6% in the December quarter, down from 1.2% in the previous quarter. Market consensus was 0.8%.
Australian Pacific Coal Suspends Securities From Quotation Pending Funding Announcement
The securities of Australian Pacific Coal (ASX:AQC) were suspended from quotation pending the release of an announcement regarding funding for the Dartbrook project in New South Wales, effective immed
Australian Inflation Slows in November to 4.3%, Below Forecast
The headline consumer price index increased by 4.3% over the 12 months to November, down from 4.9% in October. This figure came in just below the market forecast of 4.4%.
When Can ASX 200 Investors Expect RBA Interest Rate Cuts?
Will interest rates go higher yet from here? Or can ASX 200 investors look forward to some rate-cutting relief from the RBA in 2024?
Australian Pacific Coal to Raise AU$3.6 Million in Placement
Australian Pacific Coal (ASX:AQC) is set to raise AU$3.6 million via the placing of about 40.3 million shares priced at AU$0.09 apiece, according to a Wednesday filing. The mining firm further convert
Australian Flash PMI Data Shows Economy on Track For a Soft Landing
Australian private sector business activity continued to contract in December as demand conditions remained soft, but the data still points to a soft landing for the commodity-
Australia's GDP Expands 0.2% in Q3, Below Forecasts
Australia’s gross domestic product grew 0.2% in the third quarter, from 0.4% in Q2, undershooting the market consensus of 0.4%.
Reserve Bank of Australia Cash Rate Unchanged at 4.35%
The Reserve Bank has delivered a pre-Christmas reprieve for Australia’s borrowers, leaving its cash rate unchanged at 4.35%.
Stocks of the Hour: Australian Pacific Coal, Augustus Minerals, Battery Age Minerals
To register for Friday's webinar click here.Australian Pacific Coal (ASX:AQC) secured a 3-year USD60 million (~AUD90 million) debt facility from Vitol Asia, a global energy and commodities company, fo
Australian Pacific Coal Announces Funding Package
Australian Pacific Coal (ASX:AQC) and its joint venture partner Tetra Resources have successfully secured a significant funding package to revive the Dartbrook Mine. The joint venture has received an
Australian October CPI Growth Cools to 4.9%
Australia’s Consumer Price Index grew 4.9% in annual terms in October, undershooting analysts consensus of 5.2%.
Reserve Bank of Australia's Minutes Show Case for Further Rate Rises Is Data Dependent
The head of Australia's central bank on Tuesday said that inflation is the crucial challenge over the next one or two years after policymakers raised interest rates to a 12-year high earlier this month to tame high prices.
Weekly Australia Market Wrap for the Week-Ended 17 November 2023
The S&P/ASX 200 rose 1.04% while the All Ordinaries Index climbed 1.18% last week.
Australia's Unemployment Rate Back Up to 3.7% in October
The unemployment rate increased by 0.2 percentage points to 3.7 per cent in October (seasonally adjusted), according to data released today by the Australian Bureau of Statistics (ABS).
Is Another RBA Rate Hike on the Horizon After Lifting Rates to a 12-year High?
All of the Big Four banks' economic teams expect the cash rate will peak at 4.35%. That means today's hike will be the last in this tightening cycle.
Reserve Bank of Australia Lifts Cash Rate 0.25% to 4.35%
This is the first interest rate rise since July.
Melbourne Cup Interest Rate Blow for Millions as RBA 'Delivers Another Hike'
Economists are betting on the Reserve Bank (RBA) delivering a Melbourne Cup rate hike today, following higher-than-expected inflation figures, and the financial impacts could be long lasting.
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