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.
Markets
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.
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ASX snaps four day winning streak
Australia’s sharemarket snapped a four day winning streak during Wednesday’s trading after monthly inflation data came in hotter than expected.
Fed approval for Woodside’s North West Shelf expansion
Environment Minister Watt approves Woodside’s four-decade extension of WA project. Economists tip two more RBA rate cuts after April inflation print. MinRes downgrade weighs.
Fresh blow for mortgage holders
Aussies hoping for back-to-back rate cuts have received unwelcome news after the inflation figures for April were released.
Fresh blow to mortgage holders as inflation spikes
Aussies hoping for back-to-back rate cuts have received unwelcome news after the inflation figures for April were released.
ASX surges to three month high
The ASX 200 is closing in on record high as bullish sentiment in the Australian market persists amid unstable global conditions.
AMP super class action begins; REA receives ACCC notice
Market closes at three-month high. Murray Watt makes ‘right sounds’ before decision on Woodside’s $30bn NW Shelf expansion. AMP sued for alleged excessive fees.
WiseTech lifts on US buy; Trump order fires up uranium stocks
Investors back WiseTech’s $3bn e2open deal. No taxpayer bailout for Healthscope: Butler. Deep Yellow, Paladin, Boss top gainers on US president’s nuclear focus. AUD at six-month high as US dollar falls. Miss on earnings weighs on Elders.
Aussie millionaire falls victim to Bali scam
An Aussie influencer has revealed how he lost $6.2 million in a Bali scam.
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