ASX has best week since May
A surge in the major miners and healthcare stocks drove the ASX to its best week since May, with the All Ordinaries passing the historic 9000 point mark.
Breaking News
Blue chip earnings ‘recession’ continues
Australia’s biggest companies are tipped for a third consecutive year of falling profits, with an expert warning the market is overvalued and ‘something has to give’.
Bank launches ‘no catch’ savings account
An Australian bank is going “old school” and looking to offer customers a banking product that it said had disappeared.
ASX soars on shock jobs figures
Bullish traders pushed the ASX higher as traders banked on a rate cut in August following disappointing employment figures.
More Stories
Miners soar, ASX falls on Trump move
A surge in mining stocks was not enough to drag the ASX 200 higher as every other sector slumped on the latest move by US President Donald Trump.
Telstra to slash 550 jobs, ‘reset’ business
Australia’s largest telco is planning to shed hundreds of more jobs, although it denies these roles are being replaced by AI.
Hidden victims of $3m super tax
Dubbed a tax for the uber-wealthy, the proposed $3m superannuation tax will hit one group of tireless Australian workers hard.
‘Sad day’: Bega peanut plant to close
As the Bega Group confirms plans to shut down its century-old peanut factory, the local mayor is clinging to hope that a last-minute offer could save the historic site.
RBA announces huge crypto move
Australia’s dollar is one step closer to going digital as the Reserve Bank announces the second phase in its anticipated trial.
‘Negligent’: Labor slammed on Trump threat
The Albanese government has been slammed for its “negligent” approach to the US relationship after Donald Trump’s latest tariff threat.
Insane post tax splurge revealed
Australians have already spent this year’s tax return despite the Australian Taxation Office unlikely to issue refunds until late July.
‘Backwards’: ‘Harsh reality’ after RBA hold
Australian savers are barely breaking even after inflation despite the Reserve Bank shocking markets and holding the cash rate.
Original URL: https://www.couriermail.com.au/business/breaking-news/page/6