Emilia Terzon
Business Reporter at ABC News (Australia)
@abcnews national biz reporter. DMs open or send me story tips [email protected]
Articles
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2 weeks ago |
abc.net.au | Ian Verrender |Emilia Terzon
From his tiny outlet in Northcote, just outside Melbourne's CBD, Mike Newbon has unwittingly found himself at the centre of a stand-off between Donald Trump and Xi Jinping. Ever since April, when Chinese authorities quietly shut off access to rare earth supplies to the US, Newbon has been fielding emails and calls from suppliers and manufacturers desperately scouring the globe for a highly specialised bit of gear.
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3 weeks ago |
abc.net.au | Emilia Terzon
Good morning!If you were awake in the early hours of this morning, you might have seen the Australian dollar go above 65 US cents. That's up there with the highest level the currency has been for weeks, after months of our dollar being down to 60 US cents and even below. (It's currently at 64.93 US cents.)Here's a note from CBA:AUD/USD briefly rose above 0.6500 overnight courtesy of broad‑based USD weakness. Yesterday’s Australian GDP was weaker than expected, rising by a soft 0.2%/qtr in Q1 25.
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3 weeks ago |
abc.net.au | Emilia Terzon |Stephanie Chalmers
Millions of Australian workers will get a 3.5 per cent pay rise from July 1, following the Fair Work Commission's annual review of the minimum wage and award agreements. Inflation is currently at 2.4 per cent annually. While the national minimum wage covers a small proportion of the workforce, about a fifth of all employees in Australia are paid under awards. The FWC ruling was announced today after lobbying from various groups.
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4 weeks ago |
abc.net.au | Michael Janda |Samuel Yang |Emilia Terzon |Nadia Daly |Adelaide Miller
The Australian share market has finished the day up 0.3% at 8,435 points with an almost even split of winners and losers. Overall, the market had 92 stocks in the red, 11 unchanged and 97 stocks gaining. When looking at the sectors, Utilities finished at the top; up 1.2%, followed by Consumer Non-Cyclicals; up 1%. The Energy sector finished at the bottom; down -1.4%, followed by Industrials; -0.8% and Technology; -0.77%.
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1 month ago |
abc.net.au | Emilia Terzon |Adelaide Miller |Stephanie Chalmers
Is there any word on the street about Liontown Resources ? 6th straight day in a row with sizable jumps in share price and yet there is nothing from the company or in the media about it. - BrettThanks for the comment Brett. You're certainly right, Liontown has been making some significant moves recently.
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RT @JustinWolfers: No, I'm not going to help sanewash the Trump tariffs. https://t.co/UbvapwVJZb
RT @DivesTech: Great to be on @abcnews with @EmiliaTerzon in Australia🇦🇺 discussing Big Tech stocks into 2025 and the regulatory antitrust…
RT @DaveTaylorNews: Really nice piece from @EmiliaTerzon https://t.co/bchZh5R1oR