This Month
ASX extends rebound ahead of Christmas
The sharemarket added 19.3 points in a shortened trading session, buoyed by a rally on Wall Street and hopes of a rate cut in early 2025.
- Updated
- Alex Gluyas
IMF warns Australia; Rich Lister charged; Families sell $180m hotel
Read everything that’s happened in the news so far today.
ASX to edge higher as US big tech rallies
Wall Street slid briefly before recovering after data showed US consumer confidence unexpectedly sank for the first time in three months.
- Updated
- Rita Nazareth
ASX records best session in six months, as bank, property stocks rally
Bargain hunters piled into the Australian sharemarket after two days of heavy selling, pushing the ASX 200 up 1.7 per cent and sending the banking and property sectors higher.
- Updated
- Sarah Jones
Settlement outage puts ASX in the crosshairs – again
Regulators will review a high-profile failure in the exchange’s settlement systems that hindered millions of trades last week.
- Lucas Baird
Lithium piles up at IGO’s WA refinery as demand slows
The miner is struggling to find customers for its battery material, as dismal prices cause a logjam of the product at its Kwinana plant.
- Mark Wembridge
ASX rebounds; News Corp sells Foxtel; Packer’s $400m Toorak project
Read everything that’s happened in the news so far today.
ASX says it will trade as normal on Monday, narrowly avoiding disaster
The market operator had been hit by technical issues on Friday which meant that trades could not be settled. Staff worked through the weekend to fix the issue.
- James Eyers
The stocks that did the most damage in 2024 – and the ones that ruled
One fintech darling has more than tripled in the past 12 months, but the same can’t be said for lithium stocks on the front line of the EV slowdown.
- Joshua Peach and Joanne Tran
ASX scrambles to fix CHESS settlements outage as traders fume
At lunchtime on Friday as many stockbrokers went to end-of-year lunches, the market operator said its batch payments had failed, threatening a cash flow crunch.
- James Eyers
ASX falls 1pc; More Liberal chaos; Good, bad, ugly of corporate Oz
Read everything that’s happened in the news so far today.
ASX tumbles to three-month low; ASX CHESS outage
Australian shares close at a three-month low. ASX outage hits trading. CBA down 3pc. Profit-taking knocks Mesoblast. Wesfarmers sells Coregas. Follow updates here.
- Nicola Blackburn
ASX to drop as Wall Street’s Santa rally falters
Australian shares are poised to fall as markets parse the Federal Reserve’s projections of fewer-than-expected interest rate cuts and higher inflation next year.
- Natasha Rudra
Fundie says this ASX non-bank lender is ripe for a rally
K2 Asset Management’s chief investment officer, David Poppenbeek, says small caps are in a “generational sweet spot”.
- Updated
- Joanne Tran
- Opinion
- Chanticleer
How CEOs are using AI, from driverless forklifts to bird counts
Everyone’s doing it, but are they doing it properly? Here is a fascinating snapshot of what Australian companies are doing with artificial intelligence.
- Anthony Macdonald and James Thomson
PE-backed Australian tech firm swallows ASX minnow
The chief executive of Humanforce says its $17.2 million acquisition will complete its suite of human resources software.
- Tess Bennett
ASX dives 2pc; Shayne Elliott’s $3m bonus hit; JobKeeper ‘saved jobs’
Read everything that’s happened in the news so far today.
ASX to drop, $A plunges as Fed signals rate pause near
US stocks tumbled, extending losses to more than 1 per cent, after policymakers significantly pared their rate cut projections.
- Timothy Moore
The 10 biggest surprises to wrong-foot investors this year
No rate cuts, surging bank valuations and resilient iron ore prices are some of the calls that the market and experts were incorrect on over the last 12 months.
- Updated
- Alex Gluyas
- Opinion
- Chanticleer
Xero CEO’s pay rise shows how to earn corporate Australia’s big bucks
There is one way to earn the big money, and it isn’t linked to market cap, importance to Australia’s economy or even shareholder returns.
- Anthony Macdonald