Woolworths, Coles drives ASX higher
A rally in Woolworths and Coles shares on Friday helped the ASX finish higher on Friday, helping to lift the ASX to its best weekly gain in 2025.
Markets
ASX 200 fades from two-week high; ACCC report boosts Coles, Woolies
TWE on watch as US winemakers now push for tariffs on Australia. Rio joins race for billionaire Mark Creasy’s WA project. Woolworths, Coles mark best day in years after ACCC’s damp squib supermarkets report.
Pledge as US tech giants target Aussies
US tech giants Meta, Google, Amazon and X are targeting Australia’s online laws, but Treasurer Jim Chalmers says he will stand up for Aussie parents.
ASX surges to best day in six weeks
‘Pretty positive’ reactions from news from the US Federal Reserve and local employment data led the Australian sharemarket to its best day in six weeks.
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US casino giant makes last-ditch Star bid
A major US company has made a shock offer for troubled gaming giant Star Entertainment and it could transform the futures of three Aussie cities.
ASX extends falls; Polynovo plummets on boardroom drama
Troubled Star finally strikes Queen’s Wharf deal, saves 2700 jobs. Insignia soars as Bain, CC Capital lift offers. PolyNovo’s internal turmoil trims under-scrutiny chair’s fortunes as shared sink 13pc.
Three key things to do for Alfred compo
Insurance companies say there are three key things Aussies in the firing line of Tropical Cyclone Alfred need to do.
Bloodbath, world economy totally smashed
Global stocks are being smashed as confusion over Donald Trump’s tariffs wreaks havoc.
ASX falls to 10 week low
A trio of stronger than expected economic data was not enough to stop Australia’s share market trading heavily in the red on Thursday.
ASX 200 slumps; Star close to Queen’s Wharf deal
Casino operator’s deal with Hong Kong partners to help avoid administration. Ex-dividend trading, oil price slide weigh on bourse. Insurers face $2bn-plus hit from Cyclone Alfred. APRA moves to tighten financial board rules.
Cult beauty store’s ‘next-level’ vow
Cult online retailer Adore Beauty is opening its second-ever brick and mortar shop tomorrow, promising customers a ‘next-level’ experience.
Aussie shares slump on trade war fears
The Australian sharemarket booked a second consecutive day in the red on Wednesday as escalating global trade tensions continued to rattle investors.
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