ASX 200 rises; RBNZ surprise rate cut; CBA cash profit slips; ASIC sues ASX; APRA orders review into CFMEU-linked super funds
RBNZ begins easing with first rate cut since 2020. ASIC sues ASX over CHESS statements. APRA orders review into CFMEU-linked super funds. CBA profits slip. Seven Group underlying profit jumps, Seven West Media earnings sink.
Welcome to the Trading Day blog for Wednesday, August 14. The ASX 200 index trimmed early gains, closing 0.3 per cent higher to 7859.70 points.
The Aussie dollar is trading around US66.41c at 5.30pm AEST.
More Coverage
Originally published as ASX 200 rises; RBNZ surprise rate cut; CBA cash profit slips; ASIC sues ASX; APRA orders review into CFMEU-linked super funds
Updates
$200m upgrade plan for busy airport
Australia’s busiest domestic terminal is set to be upgraded for the first time in more than 30 years, in a multimillion-dollar project.
Security overhaul on the cards at Sydney Airport
‘No pain, no gain’. Sydney Airport is about to embark on a major overhaul of its T2 terminal — for the greater good of passengers.