Fresh hope for Aussies smashed by rates
Australia’s all-important trimmed mean inflation rate continues to fall, renewing hope for an early rate cut, the national figures show.
Companies
Reason behind Etihad plane’s rejected takeoff revealed
Air safety investigators have announced why an Etihad flight was brought to a screeching halt on a Melbourne Airport runway.
Behind Nvidia’s plan to control the new industrial revolution
Jensen Huang is betting Nvidia’s future is far bigger than the chips powering today’s AI boom.
ASX 200 ends up 0.3pc up as most sectors rise
Australia’s stock market rises for a fourth day running, setting three week intraday and daily closing highs as gains in most sectors outweigh falls in iron ore miners. Morgan Stanley says Aussie bank share prices ‘not justified’. IDP Education up on Macquarie upgrade. WiseTech’s new buy. Nvidia hits record.
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Woolworths makes changes to rewards program
Woolworths announced the changes last week, with customers asked to provide their mobile numbers before the update is rolled out.
Sports streamer DAZN buys Foxtel in blockbuster $3.4bn deal
New ownership for subscription giant Foxtel and its hit brands Kayo and BINGE is set to shake up Australia’s media and sport landscape.
ASX finishes strongly, led by banks
The sharemarket closed 1.7 per cent higher, with gains across the board, led by the heavyweight financial sector. News Corp found strong support after its mega $3.4bn Foxtel deal.
ASX snaps grim days-long losing streak
The ASX has surged back and broken a days-long losing streak – after better than expected inflationary data out of the US sent markets higher around the world.
Howzat! Behind DAZN’s quest to become Netflix of sport
The UK sports streaming operator has big plans for the way the world watches sport – and Foxtel is set to become a key part of this.
Major bank’s cost-of-living warning
A leading bank is expecting a spike in electricity prices until July 2025 putting further pressures on Australians.
Dramatic chicken shop feud aired in court
A dramatic two-year legal battle between friends over the ownership of a Sydney chicken shop resulted in a broken lock and police being called.
Major bank’s huge $6.35m error
A major bank has apologised to thousands of its customers who were impacted by an error that led to them being massively overcharged.
Christmas candle recalled over safety fears
A popular range of Christmas-themed candles has been recalled over safety concerns for children.
The Aussie media personalities who won and lost in 2024
As 2024 comes to a close, some Aussie high flyers in the business and entertainment industries will have more to celebrate than others. See who made the list and why.
Original URL: https://www.dailytelegraph.com.au/business/companies/page/8