RBA’s major clue on next rates decision
Struggling Aussie homeowners could get a rate cut sooner rather than later as the Reserve Bank says it is “increasingly confident” about a reduction.
Companies
ASX 200 little changed after RBA minutes; St Barbara tanks
The sharemarket is continuing to trade flat after the release of minutes from the last meeting of the RBA, which received some support from the IMF overnight. SBM hit with PNG tax bill.
Woolworths makes changes to rewards program
Woolworths announced the changes last week, with customers asked to provide their mobile numbers before the update is rolled out.
What’s open on Christmas and Boxing Day
With the festive season fast approaching, it’s good to know exactly when you can pop to the shops at the last minute and when you can’t.
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Sports streamer DAZN buys Foxtel in blockbuster $3.4bn deal
New ownership for subscription giant Foxtel and its hit brands Kayo and BINGE is set to shake up Australia’s media and sport landscape.
ASX finishes strongly, led by banks
The sharemarket closed 1.7 per cent higher, with gains across the board, led by the heavyweight financial sector. News Corp found strong support after its mega $3.4bn Foxtel deal.
ASX snaps grim days-long losing streak
The ASX has surged back and broken a days-long losing streak – after better than expected inflationary data out of the US sent markets higher around the world.
Howzat! Behind DAZN’s quest to become Netflix of sport
The UK sports streaming operator has big plans for the way the world watches sport – and Foxtel is set to become a key part of this.
Major bank’s cost-of-living warning
A leading bank is expecting a spike in electricity prices until July 2025 putting further pressures on Australians.
Dramatic chicken shop feud aired in court
A dramatic two-year legal battle between friends over the ownership of a Sydney chicken shop resulted in a broken lock and police being called.
Major bank’s huge $6.35m error
A major bank has apologised to thousands of its customers who were impacted by an error that led to them being massively overcharged.
Christmas candle recalled over safety fears
A popular range of Christmas-themed candles has been recalled over safety concerns for children.
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