ASX

ASX Today, Nov 14: Market Sheds $37 Billion Amid US Rate-Cut Shock

The S&P/ASX 200, Australia’s benchmark equity index, slid sharply on 14 November as global investor sentiment turned cautious. A surprise shift in expectations around U.S. interest-rate cuts triggered a wave of selling. With key sectors like tech and banking pulling the market down, the drop reflects broader worries in the global stock market and may…

Australian Shares

Australian Shares Retreat Amid Investor Sell-off; Rio Tinto Expands Renewable Portfolio

The market climate for Australian shares has turned cautious this week as investors exit key positions and await clearer signals. At the same time, major miner Rio Tinto is moving hard into renewable energy and critical minerals investment. We examine the twin themes of an investor “sell-off” in Aussie stocks and Rio Tinto’s green pivot,…

ATO Warning

ATO Warning: Last 24 Hours to Lodge Your Tax Return and Avoid Heavy Fines

With just hours remaining for many Australians to file their tax returns, the Australian Taxation Office (ATO) has issued an urgent “ATO Warning” to taxpayers who have yet to lodge. Missing the deadline could mean significant penalties, delayed refunds, and added stress. Deadline Approaching – What You Need to Know The ATO’s key message is…

Westpac Faces Backlash After Cutting 134 Jobs Ahead of Christmas in Digital Push

Westpac Faces Backlash After Cutting 134 Jobs Ahead of Christmas in Digital Push

The recent job-cut announcement by Westpac Banking Corporation (WBC) has stirred investor and public scrutiny as the bank pivots more aggressively toward digital-first banking. On 29 October 2025, Westpac announced it would slash 134 teller and personal banker roles across 99 branches as part of its broader “digital-retail” transformation.  This move comes less than two…

US stock

Mazda EV Confirmed for Australia With Starting Price Under $55K

Mazda is set to introduce its first mainstream electric vehicle (EV) to the Australian market with the 2026 Mazda 6e. Expected to arrive in showrooms by mid-2026, this all-electric sedan aims to offer a compelling alternative to traditional internal combustion vehicles. With a starting price under $55,000, the Mazda 6e positions itself as an affordable…

Latrobe Magnesium Stock

Latrobe Magnesium stock jumps on major $122M financing deal from U.S. EXIM Bank

Shares of Latrobe Magnesium surged after news that the U.S. Export-Import Bank, commonly called EXIM, has signaled interest in financing the miner’s commercial plant expansion, a move that lifted confidence in the company’s growth plan.  Investors piled in as hopes rose that the loan support will fast track Latrobe’s switch from pilot to commercial scale….

ATO Warning

ATO Warning Issued as Tax Office Targets Business Reporting Errors

The Australian Taxation Office (ATO) is sending a clear message: they are watching business reporting more closely than ever. We see reports that the ATO is using more data systems, cross checking bank records, payroll, and invoices. This new warning matters because even small mistakes can now be caught fast. We examine why the ATO…

Cboe

Cboe Gains Approval to List Companies in Australia, Challenging ASX

In a landmark move that could reshape the Australian capital markets, the Australian Securities and Investments Commission (ASIC) has granted Cboe Global Markets the authority to function as a listing venue in Australia. This development allows Cboe to host initial public offerings (IPOs) and bring new companies, both local and international, onto its platform.  Historically,…

EV Values

Aussies Warned of Plunging EV Values, Some Cars Lose $26,500

Electric vehicles (EVs) are no longer just a futuristic concept; they’re here, and Australians are buying them in record numbers. In 2024, EVs made up 9.5% of all new car sales in Australia, a 150% increase from 2022. With government incentives and a growing network of charging stations, the shift towards EV values seems like…