
Hancock Prospecting Adds Gold to US Portfolio in $133 Million Shift
Gold exposure increased alongside defence holdings in Hancock Prospecting's US portfolio, part of a $133 million reallocation disclosed in May.
Latest finance stories from Melbourne, updated daily.

Gold exposure increased alongside defence holdings in Hancock Prospecting's US portfolio, part of a $133 million reallocation disclosed in May.

Australia's richest person has made one of the most striking moves of her career, taking a stake reported to be worth more than A$1 billion in Elon Musk's SpaceX, the largest single investment Hancock Prospecting has made outside its iron ore heartland.
With unemployment holding steady at 4.4% and thousands of new workers expected in health, education and professional services, here is a practical guide to what is happening in Melbourne's labour market.

An international buyer has acquired Lansell Square, a major retail precinct anchored by three supermarket giants, marking a significant foreign investment in regional Victoria.
With 74% of city businesses classified as small, the Lord Mayor’s Small Business Awards highlight the resilience, diversity and opportunity among Melbourne’s independent owners.
Young investor couples are adapting purchase strategies to new tax rules, with evidence emerging of changed investment behaviour in the first months after reform.

Where the major indices, gold and currencies landed, and what the moves mean for Melbourne investors and super balances.
With investors fleeing the property market and household budgets under sustained pressure, ordinary Melburnians face a financial landscape that rewards the informed and punishes the passive.
Lower entry costs on emerging online platforms are letting established shops and startups alike test fresh marketing routes without heavy outlays.

A proposed retail development in Epsom would demolish two homes on the Midland Highway, reflecting growing commercial demand in the suburb.
A plain-language guide to how Melbourne's residential property and rental market works, what shapes prices and rents, and the affordability pressures facing buyers and tenants.
Delacombe shed startup scales into global hobby industry player. How regional Victoria entrepreneurs are building export-ready businesses from home.
The North Melbourne studio's Small Business of the Year win highlights how established local operators continue to serve the community amid broader pressures on Melbourne firms.
A major planning overhaul will allow six-storey buildings around Toorak Village and train corridors, signalling a shift toward walkable, transit-connected suburbs.
A plain-English guide to how Melbourne housing works, what moves it, and where to find the official numbers.

A broad global sell-off dragged the ASX lower on Thursday, piling fresh pressure on Melbourne's rate-sensitive property and construction sectors just as they were beginning to find their footing.
The Daily Network — local news across Australia