Aussie shares slump on trade war fears
The Australian sharemarket booked a second consecutive day in the red on Wednesday as escalating global trade tensions continued to rattle investors.
Banking
Wilson builds his own ‘hybrid-like’ fund with $510m IPO
The veteran stockbroker has an income solution for the looming end of Australia’s multi-billion hybrid securities market.
Sanjeev Gupta’s deal-making days are over
The sorry state of the Whyalla steelworks represents beginning of the end for the British magnate. The bigger InfraBuild is next n line to fall.
Rushed steel rescue will end up costing Albanese much more
Billions of dollars in taxpayer cash have been promised for Whyalla but it’s all on unproven ‘green’ steel bets. The real cost will be keeping the lights on through a drawn-out administration.
More Stories
ASIC prepares to bet it all on casino legal fight
The regulator’s blockbuster action against the casino’s former directors is about to start. And the stakes couldn’t be higher.
Bankers’ warning to scam victims
The Australian banking lobby chief has revealed some customers are ignoring warnings about scammers, at an inquiry into new laws to help victims.
‘Sickening’: Family lost $1.1m in huge scam
Cyndy’s family lost $1.1 million to scammers. But she was shocked to uncover how Australia’s big four banks had facilitated the crime.
NAB has rails run in HSBC’s great Aussie bank sale
With everyone else too big or distracted, HSBC is NAB’s for the taking if the global giant decides to walk away from the local retail banking market.
Woodside at front line of Trump’s energy emergency
After a billion dollar bet, the Australian producer will deliver the first financial test of the new president’s pledge to ‘drill baby, drill’.
Trump offers the best chance for business to reset
There’s plenty of volatility to come, but by playing under Donald Trump’s new world order, business is poised to thrive.
ASX jumps after volatile day of trading
The Aussie sharemarket closed up on a strong day of trading, as investors factor in the new US President and how his proposed tariffs will impact the market.
Major bank’s surprise move on rates
A major bank has reduced its fixed-rate mortgages just weeks out from the Reserve Bank’s official rate-cut decision.
‘Despicable’: Major Aus bank to close branches
Bank of Queensland confirms several branches will close its doors for the last time in a number of weeks.
Big bank’s call on rate cut
One of Australia’s big four banks has renewed its prediction for when the Reserve Bank will cut the cash rate, as spending dropped after the Black Friday sales.
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