ASX lifts on tech gains; Ramsay tumbles
NAB CEO Ross McEwan warns of ongoing inflation ‘hurt’. Woodside eyes $1bn windfall. Telix, Qantas gain. Ramsay dividend cut sparks sell-off.
NAB CEO Ross McEwan warns of ongoing inflation ‘hurt’. Woodside eyes $1bn windfall. Telix, Qantas gain. Ramsay dividend cut sparks sell-off.
Bourse hits four-day high. APA targets $675m raise. Domino’s rebounds to be top gainer. Woolworths dividend up. WiseTech drops on earnings miss. Iron ore boost for miners.
Altium, Megaport led tech sector gains. Worst day since 2020 for Coles. Redbubble wins support on cost-cutting focus. HUB24 lifts on profit jump. Telstra’s best day in 16 months.
The outsourcing of technology jobs overseas is accelerating as companies respond to the ‘triple whammy’ of a skills shortage, high salaries and remote working.
Adairs, A2M dive on weak outlook. China rate cut less than expected. Premier lifts on CEO Richard Murray’s shock exit, review. Qantas, Star slapped with court actions.
Bourse has worst week in 12 months. Magellan gets special dividend boost. China’s Evergrande files for US bankruptcy cover. BHP, Rio and Fortescue up on iron ore price jump.
People should not expect a repeat of the last decade’s ‘phenomenal’ superannuation returns over the next 10 years, the nation’s second-largest super fund says.
Magellan appoints new chair. AUD below US64c. Jobs data weaker than expected. Inghams and Super Retail soar on dividend windfalls. No more staff cuts: Telstra boss.
Tech sector leads declines. NBN Co submits revised pricing proposal after ACCC rejection. RBNZ holds rates. KPMG cuts pay as revenue lifts. Fletcher, Transurban, Computershare among losers.
Shares tumble after the investment and retirement income group cuts its dividend payout ratio, which will ‘depend on growth and investment opportunities’.
Original URL: https://www.theaustralian.com.au/author/megan-neil/page/21