‘Soul destroying’: Jobs lost in firm collapse
The livelihoods of 55 people have evaporated after a 50-year-old construction company went bust with $20m in debt.
Australian Markets
ASX up as miners surge higher
Australia’s surging mining giants pushed the ASX higher on the day the Reserve Bank left the cash rate unchanged.
Big miner’s call on issue dividing investors
Australia’s biggest company has just made a big call on its ambitions and it could influence corporates everywhere.
Why rate cuts could face delay
With household borrowers desperately holding out for an easing in interest rates, traders on Monday trimmed their rate cut bets.
ASX edges higher ahead of RBA rates call
Ahead of the Reserve Bank’s second meeting for the year, the share market edged higher on Monday even as property stocks lost ground.
ASX dips on Wall St fall, iron ore slump
Aussie equities fell on Friday, as iron ore dragged and investors grappled with hotter-than-expected US inflation data.
ASX slips on banking sell-off
Snapping a two-day winning streak, Australian shares sank on Thursday.
Ex-Qantas exec new CEO of retail giant
A leading Australian retailer has announced its newest chief executive on the same day it revealed half-year profits of more than $50m.
ASX rallies despite firmer US inflation
Local shares rose on Wednesday, led by retail and bank stocks, after a positive lead from Wall Street.
ASX treads water ahead of US rate cut clues
The Australian market was quiet as investors waited for key US inflation data, which will provide fresh insight on where the Fed Reserve moves on rates.
ASX plunges in record one-day dip
The Australian sharemarket has seen the biggest one-day fall in a year, one day after setting a new 52-week high.
Bombshell as Optus network boss quits
One of Optus’ senior figures has dropped a bombshell four months after a widespread outage at the telco giant disrupted the lives of millions and shattered the company’s reputation.
ASX surges to reset record as banks rally
Buoyed by the financials sectors, the Australian sharemarket raced ahead to close out the week at an all-time high.
ASX resets record close thanks to banks
Buoyed by a bumper session for Australia’s largest retail bank, the benchmark set a record close on Thursday.
ASX rebounds as financials rally
The benchmark eked out a 0.1 per cent gain on Wednesday after the financials sector rallied late in trading.
ASX edges lower as consumer stocks slip
Shares slipped for a second straight session on Tuesday as consumer stocks weighed on the benchmark index.
ASX retreats from record high
Shares slipped on Monday as iron ore miners sank and fears intensified of a weaker-than-expected GDP reading in the final three months of 2024.
ASX resets record high
The local share market was off to a record breaking start in March, as fresh highs on Wall Street and positive manufacturing data from China bolstered the benchmark.
ASX nears record high on RBA rate cut hopes
The ASX surged to a near record high on Thursday after soft inflation and retail data suggested an end to the RBA’s rate hiking cycle.
‘Forget loyalty’: Big bank’s new job cuts
One of Australia’s biggest banks has just announced a new round of job cuts, with some of the positions set to move offshore.
Stocks slip following inflation data
Despite fresh inflation data showing consumer prices held steady in January, the share market edged lower on Wednesday.
One thing that helped reduce inflation
A new report has revealed the factor helping Australia’s inflation crisis and the staggering amount households are saving as a result.
ASX edges higher as Coles, Woodside rally
With profit season nearing its end, the share market advanced for a fourth straight session on Tuesday.
ASX’s winning streak continues
The Australian stock market continues to see positive results despite a drop in oil prices causing headaches for the energy sector.
US tech boom pushes ASX higher
A dramatic boom in US tech stocks overnight pushed the local share market higher on Friday.
ASX flat despite expected Wall St rise
An expected boom in US tech stocks was not enough to lift the ASX on Thursday.
ASX’s mixed bag as big bank wins appeal
The Australian sharemarket didn’t change too much on Tuesday despite major upsets to several sectors, including mining and banking.
ASX heads higher as markets open for week
The Australian share market edged up slightly on Monday’s trading despite a dramatic fall in real estate stocks.
ASX finishes week on a positive note
ASX has experienced its second day of gains, as the energy sector sees a boost following the changes in the core lithium and nickel industries.
ASX rebounds after weak start
The Australian sharemarket has lifted for the first time this week, as the tech sector benefits from a major takeover bid.
Original URL: https://www.news.com.au/finance/markets/australian-markets/page/8