ASX soars on shock jobs figures
Bullish traders pushed the ASX higher as traders banked on a rate cut in August following disappointing employment figures.
Markets
Rate cuts locked in after June data surprise
June jobless rate spikes to 4.3 per cent, with some saying RBA’s recent hold call is ‘policy error’. AUD down. BUMA slaps statutory demand on Bowen.
Big childcare provider quiet on Brown shock
A $150m childcare company has kept quiet on its response to the Joshua Brown allegations, even as other centres flag major changes.
Miners drag ASX to worst day since May
Australia’s sharemarket had its sharpest one-day sell-off since May, with the major miners slumping during Wednesday’s trading.
More Stories
Helia, Domino’s top losers; ASX 200 at record high
Lenders insurer Helia may lose ING contract months after CBA hit. RBA easing next week fully priced in despite weak retail sales. Domino’s CEO exit leaves plans in disarray. Cyber attack weighs on Qantas.
Aussie sharemarket closes at record levels
A jump in Chinese manufacturing and anticipation of a rate cut led to the Australian sharemarket closed at an all-time record.
340 jobs at risk as Aussie paper mill teeters
The owner of Australia’s last remaining paper mill has warned that 340 jobs could disappear due to shock power shortages.
ASX’s flat start to new financial year
The Aussie sharemarket has traded flat to start the new financial year, despite a strong lead-in from Wall Street.
Medibank tracks new record; HMC down as energy changes weigh
CC Capital still keen on $3.4bn Insignia bid amid delays. ASX 200 may climb to 8700 points by December. Broker upgrade lifts Medibank to all-time high. HMC energy head out in rejigged strategy.
ASX closes out financial year 10pc higher
Domestic bourse finishes strong year despite tariff turmoil. Queen’s Wharf deal dead as Star, partners can’t resolve ‘outstanding commercial issues’. Health stocks fare best.
Gas shortfall risk sparks urgent review
Australia’s energy minister has flagged major potential changes to the country’s domestic gas market, as the ACCC warns of looming shortfalls.
Fresh chaos hits Star as talks collapse
Fresh drama has engulfed the embattled Star casino group as talks over a $1.6bn Brisbane sale collapse.
Psychedelic drugs trial gets green light
A major Aussie university and ASX-listed company will deploy psychedelic drugs to treat binge-eating in a world-first clinical trial.
Aussie Supers dodge US ‘revenge’ tax
Australia’s Super sector has avoided a US-proposed “revenge” tax targeting foreign investors, after the Trump administration walked back the tough talk on the policy.
Original URL: https://www.ntnews.com.au/business/markets/page/5