Australia Urged to Follow France and Introduce Fast-Fashion Tax for Temu and Shein

Australian retail advocates are urging the federal government to consider a French-style environmental levy on ultra-fast-fashion platforms, amid concerns over textile waste and retail competition.

Australia's High Court Begins Two-Day Hearing on Under-16 Social Media Ban Challenge

The High Court of Australia has begun a two-day challenge to the federal under-16 social media ban, with opponents citing constitutional and privacy concerns and the government defending child-safety ...

Business Council Warns Labor's Budget Savings Package Will Stifle Australian Investment

The Business Council of Australia says proposed budget savings measures could increase corporate tax and compliance costs, discouraging private investment while complicating efforts to lift ...

Bally's Australian Subsidiary Fined $183 Million Over Anti-Money Laundering Violations

Australia's Federal Court has ordered Star Entertainment to pay A$260 million after finding systemic anti-money laundering and counter-terrorism financing compliance failures between 2016 and 2022.

3 Unstoppable ASX Blue-Chip Stocks to Buy and Hold Until 2036

Motley Fool Australia analysts have identified BHP, Commonwealth Bank and Macquarie Group as potential core ASX holdings through 2036, while outlining risks and portfolio management strategies.
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Netwealth Shares Jump Nearly 7% as Beaten-Down Wealth Platform Extends Its Sharp Rebound From Yearly Lows

MELBOURNE, Australia — Shares of Netwealth Group rose nearly 7% on Tuesday, extending a rebound for the investment platform company after a steep decline over the past year. Netwealth stock rose ...
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Virgin Australia Shares Soar Nearly 9% as Oil Plunge Promises Relief From Fuel Costs That Doubled During War

SYDNEY — Shares of Virgin Australia jumped nearly 9% on Tuesday, leading Australian airline stocks higher after a sharp overnight drop in oil prices raised hopes of relief from soaring fuel costs.
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ASX 200 Rises 0.3% as RBA Hikes Rates to 18-Year High in Split Vote, With Dovish Signals Lifting Shares Late

SYDNEY — Australian shares closed higher on Tuesday after the Reserve Bank of Australia raised interest rates to their highest level in 18 years, as investors focused on signs the central bank may be ...

GameStop Stock Edges Higher as StoneX Starts Coverage With Buy Rating and $33 Target on Cohen's Turnaround

GameStop shares edged higher after StoneX initiated coverage with a buy rating and US$33 price target, while investors continued to assess the company's eBay bid and turnaround strategy.

Intel Stock Plunges Nearly 30% After Weak Forecast, Analysts Weigh Whether Dip Offers Buying Opportunity

Intel shares fell 28.6% after its fourth-quarter forecast missed expectations, despite strong data-centre growth, as PC weakness, supply constraints and heavy investment cloud its recovery prospects.

Heat Director Michael Mann Accidentally Shoots Himself in the Leg While Holstering Gun at Los Angeles Range

Michael Mann was treated and released after accidentally shooting himself in the thigh while holstering a handgun at a Los Angeles shooting range, police said.

Tesla Stock Jumps 2% Back Above $400 as Tech Rebounds, With Cybercab Rollout and Election Day in Focus

Tesla shares rose above $400 in early trading as technology stocks rebounded, while investors weighed the company's robotaxi plans, political risks, regulatory changes and upcoming annual meeting.