ASX’s flat start to new financial year
The Aussie sharemarket has traded flat to start the new financial year, despite a strong lead-in from Wall Street.
Markets
Medibank tracks new record; HMC down as energy changes weigh
CC Capital still keen on $3.4bn Insignia bid amid delays. ASX 200 may climb to 8700 points by December. Broker upgrade lifts Medibank to all-time high. HMC energy head out in rejigged strategy.
ASX closes out financial year 10pc higher
Domestic bourse finishes strong year despite tariff turmoil. Queen’s Wharf deal dead as Star, partners can’t resolve ‘outstanding commercial issues’. Health stocks fare best.
Gas shortfall risk sparks urgent review
Australia’s energy minister has flagged major potential changes to the country’s domestic gas market, as the ACCC warns of looming shortfalls.
More Stories
Big paydays for new fashion giant bosses
A big Aussie fashion retailer has just appointed its new chief executive, with promises of multimillion-dollar pay cheques if he meets targets.
ASX shrugs off trade tensions
Australia’s sharemarket continued its gains during Tuesday’s trading as the Commonwealth Bank soared to a new record high.
CBA hits record; wage rise ‘modest drag’ on inflation
RBA well placed to ‘respond decisively’ to international developments. Fair Work Commission grants above-inflation 3.5pc wage rise. NAB cuts economic forecasts. IDP Education dives 46 per cent.
RBA’s worst case scenario revealed
The fallout from US President Donald Trump’s tariffs could have a severe impact on the Australian economy, worst-case modelling from the RBA reveals.
‘Sombre picture’: Bleak forecast for economy
Australia’s economy is showing more signs of weakening ahead of GDP figures being released on Wednesday.
ASX slips after last tariff update
Cautious investors dragged the ASX 200 lower during Monday’s trading on the back of the latest developments from the White House as well as growing geopolitical tensions.
Housing market picks up; Brickworks, Soul Patts soar
House prices and auction clearances rose in May. 25 years late, but corporate raider happy with Washington H Soul Pattinson move on Brickworks. Billionaire’s $1bn-plus gaming bid.
Older daters warned of financial pitfalls
Older Australians entering the dating scene are being urged to be “pragmatic” and make sure they have proper plans in place before combining finances.
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