Major bank reveals $7bn profit
Banking giant ANZ has revealed a whopping $7bn profit despite a “challenging” environment.
Banking giant ANZ has revealed a whopping $7bn profit despite a “challenging” environment.
The operator behind four of Australia’s major ports has been breached by a serious cyber hack, delivering the threat of inflated prices and Christmas delays.
There are now several suburbs across major cities without any spare rooms for desperate renters.
Delivery platform executives have been interrogated over the number of driver deaths as a major overhaul of laws affecting the industry is considered.
Australia’s S&P/ASX 200 share index closed down 0.4% to 7392.6 as Amazon weighed on US futures and Asian equities, plunging iron ore prices hit miners and Origin dived on hefty writedowns.
Stocks finish up 0.5 per cent, led by mining heavyweights BHP, Rio Tinto and Fortescue Metals. China’s market rallied as government sought to calm investor jitters.
Stocks have closed 0.7 per cent lower after NSW extends Covid lockdown until late August. Nickel Mines was the biggest loser on the ASX200, down 11 per cent. Inflation up 0.8 per cent in the June quarter.
There’s one thing we have that China needs – but the Asian superpower is now putting a plan in place which could devastate the Australian economy.
Stocks are set for a positive start after Wall Street hit record highs on Friday.
Stocks finish up 0.5 per cent after hitting record high during the trading session for a second day running. BlueScope rallied 6.7 per cent after forecasting annual underlying earnings of $1.72bn. OZ Minerals also rose sharply.
Comments by high-profile billionaires have helped cryptocurrency values surge just a week after a sell-off sparked by fears of the Delta covid variant.
Not every stock has joined the sharemarket party this year, and investing in the stragglers may be profitable. But be careful.
ASX 200 was restrained, but hit another record close. Star withdraws Crown offer. Iron ore tumbles 6pc. IAG in profit ‘miss’.
Australia’s sharemarket rose 1.1% to a record high close, with BHP leading the way, finishing up 3.1%.
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