Albo’s stern message to Coles, Woolies
The big supermarket chains have been put on notice as the government sharpens its focus on the cost-of-living crisis.
Markets
ASX ends flat as Red Sea conflict escalates
The local sharemarket has finished Friday and the week flat, as global investors turned cautious as tensions in the Middle East heightened.
ASX edges lower despite oil surge
An acceleration of inflation in the United States and an escalation of tensions in the Red Sea pushed the benchmark lower on Friday.
ASX rises as banks, tech rally
Interest rate sensitive stocks buoyed the benchmark on Thursday as softer-than-expected inflation data helped offset losses in the mining sector.
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Gun stocks soar after Texas massacre
Shares in American guns and ammo manufacturers have skyrocketed in the wake of the Texas massacre for one reason.
ASX drops; Telus walks from Appen buyout
ASX lower as staples and miners struggle. Telus rescinds $1.2bn Appen bid, Qantas cuts flights over fuel prices, Yancoal takeover, Virtus talks with BGH and Endeavour falls on inflation woes.
ASX retreats as supermarkets wobble
The Australian sharemarket more than surrendered its gains from the previous session as a host of blue-chip firms slipped into the red.
Big changes to buy now, pay later
The hyper-competitive buy now, pay later sector has a brand new player – a name that many will be familiar with.
What your power bill will look like now
Households across the nation can expect power prices to surge from July, although the residents of one state will receive a welcome discount.
Major bank backs bitcoin over real estate
In a major move, a US investment bank has told clients cryptocurrency has taken over real estate as its preferred alternative asset.
ASX gains 0.4pc; banks, miners, telcos rally
ASX ends higher despite a late selloff. Costa Group jumps on update, Chalice drops on $100m raise, Hesta to oppose AGL demerger, Flight Centre names new MD and Worley secures US job.
ASX shakes tech blues to move higher
The local sharemarket moved higher on Wednesday, even after technology stocks had another shocker.
Original URL: https://www.couriermail.com.au/business/markets/page/197