ASX hits 3-day high led by miners, resurgent banks
Glencore preps for Queensland smelter closure. Ampol flags lower earnings. Woodside’s US hydrogen hit. Quarterly updates weigh on Telix, Paladin.
Glencore preps for Queensland smelter closure. Ampol flags lower earnings. Woodside’s US hydrogen hit. Quarterly updates weigh on Telix, Paladin.
In a major surprise, the Reserve Bank has kept rates on hold amid global uncertainty and lower inflation. PM flags taxpayers will ‘very soon’ underwrite a major bailout of two failing metal smelters in two states.
Star, HK partners vary divestment deal. Northern Star dives on weak guidance, high capex. Origin’s spike may be linked to Octopus UK updates. RBA’s 25 basis points easing on Tuesday locked in. Crucial week for Trump tariffs.
Victorian government official John Bradley quits amid policy pressures. Westpac economist Luci Ellis tips terminal cash rate of 2.85pc. Xero down after institutional capital raising to fund $4bn US buy.
RBA will need to cut ‘at least another couple of times’. PointsBet shareholders approve Mixi offer. CBA hits $192. Star investors back $300m rescue deal. Xero taps institutions for $4bn-plus US buy.
Strong IPO debuts build on ASX optimism over possible de-escalation of Middle East tensions. Whyalla Steelworks’ sale process begins. CBA hits record. Rio Tinto and Gina Rinehart plan a new iron ore mine.
Broad based losses amid concerns about the fallout over the bombing of Iran’s nuclear facilities by the US. But investors snap up financial and energy stocks. All eyes on key oil corridor Strait of Hormuz amid fears oil may hit $US100 a barrel.
Michael Knaap has quit as Monash IVF boss, two days after the embattled fertility services company revealed a second embryo mix-up in less than three months.
Cettire hit by US tariffs, lux market woes. Energy producers lift on oil price jump. Westpac tips two RBA rate cuts in 2026. Cochlear downgrade weighs. ASX warns on rising costs, tweaks guidance.
Investors push ASX to record amid US and China trade talk hopes. CBA continues to find strong support. ASIC secures four guilty pleas in Telegram ‘pump and dump’ action. Monash IVF shares tank after second embryo mix up.
Original URL: https://www.theaustralian.com.au/author/lilly-vitorovich