Stocks in red for the week
The local market has tumbled close to 1pc today, as BHP slumped and banks weighed heavily.
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Orica scraps GreenEDGE tie-up
Orica has stopped sponsoring Australia’s top cycling teams because of resources sector troubles.
Dollar shoots to 5-week high
The local unit pulled back from US75c in late trade, but remained sharply higher.
Better to storm cafe: Advisor
It would have been preferable for officers to storm the Lindt cafe on their own terms, the inquest has heard.
Dollar still close to US74.5c
The local unit has remained strongly supported by the weaker greenback, as Chinese iron ore imports edged up.
Stocks flat amid energy softness
The local market recouped early losses in afternoon trade as buying interest returned.
Basics come first: Woolworths
The group will take a range of steps to revamp its offering, along with the previously announced knifing of ‘Select’.
ATO slashes Oswal claim
The ATO has dramatically cut its claim, as the Oswals argue ANZ conducted a ‘Claytons sale’ of Burrup.
Stocks surge on gold miners
Heavy resources buying has pushed the bourse higher, as Newcrest surged 11pc and major miners also spiked.
Dollar treads water, RBA eyed
The local unit is awaiting direction from US payrolls and the RBA, despite the market pricing just a 6pc chance of a rate cut.
Original URL: https://www.theaustralian.com.au/author/amber-plum/page/71