Aussie shares flat before pivotal Fed moment
The local sharemarket traded flat on Wednesday as investors moved cautiously before Thursday morning’s pivotal Fed rate cut decision and the release of key jobs data.
Manufacturing
$290m shake-up to ease cost of power bills
One state has committed another $290m to get more solar panels onto homes and businesses, with the ultimate aim of bringing energy bills down.
‘Dividend deluge’ amid cost-of-living crisis
As Australia’s biggest companies do all they can to cut costs, the corporate juggernauts are pulling back profits to pay shareholders.
Insane scenes rock massive CBD protest
Insane scenes have dominated the final day of anti-war protests in the heart of Melbourne, including one alleged act where a woman cemented herself in a car.
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‘Soul destroying’: Jobs lost in firm collapse
The livelihoods of 55 people have evaporated after a 50-year-old construction company went bust with $20m in debt.
Reason for urgent recall of 2k luxury cars
Transportation safety officers have issued an urgent warning for this legendary luxury brand, warning of a manufacturing defect.
Sinkholes above M6 project ‘not connected’
There is no connection between two sinkholes which opened up above the embattled M6 Tunnel project, a contractor says.
ASX resets record close thanks to banks
Buoyed by a bumper session for Australia’s largest retail bank, the benchmark set a record close on Thursday.
Aussies nervous as economy slows
Under pressure from soaring interest rates, elevated inflation and mortgage costs, households have cut back on spending for non-essential items like cars and coffees.
ASX edges lower as consumer stocks slip
Shares slipped for a second straight session on Tuesday as consumer stocks weighed on the benchmark index.
ASX retreats from record high
Shares slipped on Monday as iron ore miners sank and fears intensified of a weaker-than-expected GDP reading in the final three months of 2024.
ASX resets record high
The local share market was off to a record breaking start in March, as fresh highs on Wall Street and positive manufacturing data from China bolstered the benchmark.
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