ASX 200 trims gains; CBA's new record; jobless rate steady at 4.1pc; Xero profit jumps. Nufarm swings to loss; GrainCorp profit drops; Orica lifts div
'Incredible value' in CFMEU relationship: Cbus CEO. Major Pacific Smiles offloads stake, aiding Genesis in takeover battle. Tech giants 'free riders': CBA boss. IPH, Goodman get first strikes against executive pay.
Welcome to the Trading Day blog for Thursday, November 14. The ASX 200 index closed 0.4 per cent higher to 8224 points. US markets closed mixed overnight on a positive inflation print.
The Aussie dollar is trading around US64.70c at 5.10pm AEDT.
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Originally published as ASX 200 trims gains; CBA's new record; jobless rate steady at 4.1pc; Xero profit jumps. Nufarm swings to loss; GrainCorp profit drops; Orica lifts div
Chalmers the stock picker makes a bad call
The Future Fund has thrived by having the independence to make its own financial calls. The Treasurer wants to trash this with his own risky bets.
‘Howzat for a holiday’ asks Cummins in new tourism ad
Forget Lara Bingle and her bikini. Pat Cummins and a cricket ball are front and centre of a new Australian tourism ad campaign.