ASX ends down forming bearish chart pattern. Super Retail defends whistleblower’s claim. Northern Minerals ‘not party’ to Treasurer’s China investor lawsuit. Bonds scandal-hit ANZ taps McKinsey for risk review. Reece dives on earnings hit.
The supermarket giant has followed rival Wesfarmers in shutting down an online marketplace amid mounting losses.
Victorian government official John Bradley quits amid policy pressures. Westpac economist Luci Ellis tips terminal cash rate of 2.85pc. Xero down after institutional capital raising to fund $4bn US buy.
RBA will need to cut ‘at least another couple of times’. PointsBet shareholders approve Mixi offer. CBA hits $192. Star investors back $300m rescue deal. Xero taps institutions for $4bn-plus US buy.
Aussies love it, as made apparent on Saturday, but economists say it will ruin Australia’s housing market – either way, it now has to happen, or Albo be damned.
They haven’t been implemented yet, but just the threat of Donald Trump’s US tariffs is damaging some of Australia’s biggest businesses.
Stocks rise as China’s official statement after US outreach on trade talks signals thawing in relations. Block, Corporate Travel shares dive on tariff uncertainty. CBA hits new intraday, closing records.
Could CBA’s surge be linked to another short trade? Shares in Platinum and L1 Capital rise on talks for an $18bn merger. Mining and energy declines weigh.
Local stocks rise for a fifth day in a row amid expectations the Reserve Bank will deliver another 25 basis points rate cut in May, as inflation hit its target range for the first time since 2021. Technology and property stocks lead gains.
Billionaire Chris Ellison-led mining giant a top gainer. ASX 200 rebound ‘looks vulnerable’: UBS. Endeavour taps former Virgin fix-it CEO. Tripp’s Betr lobs ‘funded’ bid for PointsBet.
Gen Z and Millennial voters are now the largest voting block in Australia and a new poll has delivered a clear warning to the major parties about what they want.
Lynas talks up opportunity in China-US fight. Bega preps for Fonterra deal. James Hardie allays governance concerns. Tariff impacts weigh on Flight Centre, Brambles. Telix down on FDA blow.
Households will get a rate cut in May regardless of April’s inflation reading, one major bank’s chief economist has boldly declared.
The ASX 200 closed a shortened trading week in the green, following talk the US is considering stepping back on its tariff policies.
Original URL: https://www.dailytelegraph.com.au/business/markets/page/15