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The Australian sharemarket has dipped on Thursday, breaking a five day streak, despite favourable retail sales data.
Fresh inflation data has given the Australian share market a boost, with trading up on Wednesday.
Investors buoyed by cooling underlying price pressures. Forrest named in bombshell ExxonMobil lawsuit. Avita’s downgraded earnings guidance weighs. Computershare falls on UBS ratings cut.
From ramen noodles to online gambling, Australia’s $225bn Future Fund has some pretty wild investments on its books. Here are our top 10 wildest bets.
The local bourse closed the week on an upbeat note, boosted by uranium and oil stocks as the major miners declined.
The ASX 200 had a strong opening trading day for 2025, led by growth in the energy, materials and property sectors.
The local sharemarket has turned up in thin holiday trade, with gains broadbased, despite a fresh post-pandemic low for the Aussie dollar.
Supermarket giant Woolworths is refunding customers who were overcharged as a result of a third-party error.
Another major Australian property developer has entered administration, citing difficult conditions in the country’s ailing construction sector.
Domestic shares closed higher after the release of minutes from the RBA’s last meeting for 2024, which received some support from the IMF overnight. SBM hit with PNG tax bill.
Struggling Aussie homeowners could get a rate cut sooner rather than later as the Reserve Bank says it is “increasingly confident” about a reduction.
Original URL: https://www.couriermail.com.au/business/markets/page/2