ASX 200 enters ‘correction’
ASX 200 now down 10.4 per cent from February peak. Retail sales beat estimates. Qantas to fight ACCC ‘ghost flight’ case. Bell Rock sells 35 million Whitehaven shares. Tietto jumps. Star Entertainment, IGO drop.
ASX 200 now down 10.4 per cent from February peak. Retail sales beat estimates. Qantas to fight ACCC ‘ghost flight’ case. Bell Rock sells 35 million Whitehaven shares. Tietto jumps. Star Entertainment, IGO drop.
Rinehart play buoys SQM target Azure. Roy Hill mine’s $2.7bn annual profit. Future Fund’s quarterly return dips. Harvey Norman gains on $442m share buyback. Coles leads consumer staples higher.
Bourse at year low. PwC spin-off hit by slump in new work. Billionaire miner Rinehart likely buying up Azure after SQM’s $1.6bn bid. First strikes at Woolworths, Whitehaven and APA. Luci Ellis tips Nov rate rise.
RBA Nov hike likely on inflation uptick. No interim Takeovers Panel orders as Whitehaven complains about Bell Rock’s ‘failure’. Protest vote against Tabcorp pay policy. Magellan falls on CEO’s sudden exit.
Ansell job cuts, automation to deliver savings amid inventory reduction. ‘Commodity headwinds’ weigh on Bega Cheese. Investor nod for Yellow Brick Road delisting. US boost for shares in Zip, Bubs.
Qantas’ frequent flyer overhaul after complaints. Treasury Wine lifts on potential China rebuild plans. South32 down on weak quarter. Propel Funerals gains on bid dismissals.
Former PwC international tax head Peter Collins cops eight year ASIC ban. Liontown tanks. Qantas airfares rise. BlueScope lifts despite weaker outlook. Insignia dives.
Liontown in $365m equity raising, $760m debt funding. Consortium works on higher Origin offer. Qantas, Telix, Netwealth drop. 1200 jobs at risk at Alcoa Kwinana. AUD drops on jobs data.
Whitehaven buys BHP Qld coal mines in $6.4bn deal. BHP says IR hit to exceed $1.3bn. AUD jumps on better than expected China GDP. Credit Corp tanks on profit warning. RBA warns on inflation shocks.
RBA November meeting ‘live’ as hints at hike. Santos lifts on LNG split calls. Bapcor dives as revenue growth slows. ACCC nod to NBN Co pricing. Fiery last AGM for Telstra chair John Mullen.
Original URL: https://www.theaustralian.com.au/author/megan-neil/page/16