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DRO ASX shares have surged after DroneShield confirmed its largest-ever deal, a A$61.6 million ($41 million USD) contract to deliver counter-drone systems to a European military client. The rise reflects a turning point for the anti-drone technology firm, which blurred its 2024 full-year revenue in a single order. What’s Behind the Sudden Spike? You might ask: Why…
Virgin Australia Shares made an impressive comeback today, rising about 8 percent on their first day of trading. This strong performance signals renewed investor confidence and gives a much-needed boost to Australia’s thin IPO market. A Strong Debut on Wall Street Down Under After successfully raising A$685 million ($439 million) through its initial public offering, Virgin Australia relisted…
What’s the $130 Million ‘Critical Support’ Scheme? The “Critical Support” initiative refers to a hefty $130 million toll relief package recently announced by the New South Wales government. This cash boost specifically assists drivers facing high weekly tolls, offering a financial cap and rebates to ease daily commuting costs. Under this scheme, drivers paying more…
The ASX fell under pressure on June 12, 2025, as swings and iron prices and global volatility weighed on major stocks. Despite brief gains in energy, the S&P/ASX 200 closed down 27 points (0.31%) to finish at 8,565.1, marking a clear dip in market sentiment. Resource Decline Drags ASX The most significant drag on the…
Do you see the $1,519 tax refund claim going around? If yes, you’re not alone. Many Aussies have been sharing this number online. It sounds great, but it’s not what it seems. The Australian Taxation Office (ATO) just gave a strong warning. The $1,519 figure is misleading. It’s not a fixed refund for everyone. It’s…
Millions Affected as Common Bank App Faces Nationwide Transfer Glitch The Common Bank App (CBA App) experienced a major outage on May 30, leaving millions of customers across Australia, the United States, and the United Kingdom unable to transfer funds, check balances, or access key services. This widespread disruption sparked concern and frustration, especially during…
Cryptocurrency is changing fast. One of the latest big moves comes from ProShares. They just got approval from the SEC for three new XRP ETFs. This is a big moment for crypto fans and investors. We have seen Bitcoin and Ethereum get their ETFs. Now, it’s XRP’s turn to shine. XRP has been one of…
The Commonwealth Bank of Australia (CBA) is one of the biggest banks in Australia. Many investors watch its share price closely. If we want to invest in CBA, we need to know how to analyze its stock. This article will show us four simple ways to do that. We will look at fundamental analysis, technical…
“Interest rate cuts may be closer than we think“. Commonwealth Bank of Australia (CBAUF) says it’s already a “done deal.” That’s a bold claim. But it comes with reasons. Right now, Australia’s economy is slowing down. People are spending less. Inflation is cooling off. Job growth isn’t strong. These are the signs central banks usually…
The ASX 200 has taken a big hit. It’s one of the worst drops we’ve seen in years. In just a few days, billions were wiped off the market. Many big names crashed to their lowest levels in years. What caused it? A mix of global worries, rising interest rates, and falling demand. Investors got…