15 leafy suburbs young Aussies can afford
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Markets
Banks, miners drag ASX lower
Australia’s shares slid for the fourth straight day with a fall in banks and miners dragging the index lower on Friday.
ASX 200 hits two week low as banks retreat; Betr unrelenting in PointsBet pursuit
Rejected suitor Betr details new intended all-scrip bid with buyback carrot for PointsBet. Investors jittery amid Middle East turmoil. Voting on Bally’s ‘unattractive’ Star rescue deal next week.
CBA soars, BHP falls in mixed day on ASX
It was a mixed day on the markets on Thursday with CBA hitting a record high and BHP slumping with investors factoring in weak jobs data and the latest news out of Iran.
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RBA may opt for patience on July cut; CBA hits record close
Banks offset falls in miners with CBA up to a record high close of $182.85. Surprise 2500 dip in May jobs data. WiseTech’s long-serving directors to exit. KMD hits record low on earnings warning.
Major miners drag the ASX200 down
A slump in the price of iron ore and gold sent the ASX200 down on Wednesday, despite eight of the 11 sectors trading higher.
Santos’ Abu Dhabi bidder spruiks Aus energy focus
First comments by Santos’ $30bn bidder come as target’s shareholder backs takeover. Oil lifts as Trump weighs Middle East action. MinRes leads iron ore falls.
‘Unconscionable’: Optus cops $100m fine
Telco giant Optus has agreed to pay a whopping $100m fine for exploiting hundreds of vulnerable and disadvantaged Australians.
‘Unconscionable’: Optus cops $100m fine
Telco giant Optus has agreed to pay a whopping $100m fine for exploiting hundreds of vulnerable and disadvantaged Australians.
Middle East tensions fuel oil price volatility; ASX flat
Chalmers won’t preempt FIRB advice on Abu Dhabi’s near-$30bn takeover play for Santos. US forces deployed to region amid Israel, Iran attacks. Blow for Albanese as Trump plans hasty G7 exit.
‘Perilous’: Chalmers’ inflation warning
Motorists are being warned it is “inevitable” they will be paying more for fuel in the coming days, while Treasurer Jim Chalmers says there could be issues for the economy.
Market flat; takeover offers boost THL, Santos
Bourse operator faces ASIC inquiry over ‘repeated, serious failures’. Israeli strike success boosts Wall Street futures: IG. National interest of Santos deal up to Chalmers: Coalition.
ASX slips on geopolitical tensions
A spike in oil and gold producing shares was not enough to lift the ASX200 on Friday as investors fear the fallout from the Iran-Israel crisis.
Oil prices jump, stocks jittery on Israel’s Iran strikes
Crude prices lift as strikes on Iran send commodities higher. Rio’s jointly-owned Tomago smelter in rescue talks. Accent smashed on profit warning. Woodside, Labor extend NW Shelf consultation.
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