Bourse at year low. PwC spin-off hit by slump in new work. Billionaire miner Rinehart likely buying up Azure after SQM’s $1.6bn bid. First strikes at Woolworths, Whitehaven and APA. Luci Ellis tips Nov rate rise.
RBA Nov hike likely on inflation uptick. No interim Takeovers Panel orders as Whitehaven complains about Bell Rock’s ‘failure’. Protest vote against Tabcorp pay policy. Magellan falls on CEO’s sudden exit.
Despite a surprise 1.2 per cent reacceleration of inflation in the September quarter, the Aussie share market closed flat.
Ansell job cuts, automation to deliver savings amid inventory reduction. ‘Commodity headwinds’ weigh on Bega Cheese. Investor nod for Yellow Brick Road delisting. US boost for shares in Zip, Bubs.
The S&P/ASX 200 closed down 0.3% at 7161.6 amid regional falls after rising 0.3% to a record high of 7203.3. Link sank on PEXA worries, Nuix shares dived, REA in Asia shake-up, 29Metals to float.
Elon Musk has almost singlehandedly turned crytpocurrencies on their heads, irritating investors to no end. Now they’ve hatched a plan to stop him.
The price of bitcoin has dropped again amid its worst month in nearly a decade, so will spooked investors stay away for good?
Real estate experts have issued a warning after a 27-year-old Aussie Olympian’s idea that could turn the Aussie housing market on its head.
Homeowners in mice-ravaged areas of Australia will get no joy from their insurers if they try to claim for vermin damage.
The nation’s oldest wealth company has been hit by another court action for charging premium fees to dead people.
New innovations developed for the Commonwealth Bank app are designed to give customers more bang for their buck.
Just days after China made a move that devastated the crypto market, another major nation has stepped in with tough new measures.
Enigmatic Tesla CEO Elon Musk’s remarks have a big impact on crypto markets — and the market closely watches his statements.
China’s cracking down on cryptocurrency. But it’s not because it doesn’t like the idea of an all-digital economy.
Original URL: https://www.adelaidenow.com.au/business/markets/page/200