business

An oceanfront redevelopment at Perth’s iconic Cottesloe Beach will go ahead with $15 million in funding, but the mayor says more financial assistance is needed from the state government to complete the project.  Source link

Negative sentiment around the property sector has started to make its way into the marketplace since the federal budget, but real estate experts say it may prove to be good news for first-home buyers.  Source link

Negative sentiment around the property sector has started to make its way into the marketplace since the federal budget, but real estate experts say it may prove to be good news for first-home buyers.  Source link

Australia is the only country outside Italy that can use the name prosecco, but its export labels will need to change in the coming years. Source link

The Iran war has not only highlighted the vulnerability of global supply chains — it has also exposed the overlooked parts of Australia’s manufacturing sector needed in a crisis. Source link

Australian markets are set to rise this morning, as oil falls on hopes of a diplomatic way out of the war in Iran. Follow the day’s events and insights from our business reporters on the ABC News live markets blog.  Source link

Elon Musk’s sprawling space exploration company, which also owns Starlink and xAI, was valued at $US1.25 trillion ($1.75 trillion) earlier this year, meaning Musk could become the world’s first trillionaire if the offering goes ahead at that valuation. Source link

Coles is looking into a Melbourne mother’s complaint about faulty Apple gift cards worth $2,000. Source link

All four major banks now expect the RBA to keep the cash rate on hold at its next meeting on June 16, as the unemployment rate spikes to 4.5 per cent. Source link

The world’s most valuable company, tech giant Nvidia, has reported a record revenue but investors are not impressed with second-quarter sales forecasts. Source link