Strong jobs data reduces prospect of early rate cut. Chemist Warehouse profit doubles as Sigma earnings pick up. Brickworks falls on loss. Gold hits record high, miners rally. Small-caps ASM, Namoi Cotton jump.
Bullock says ‘the war isn’t yet won’ on inflation, RBA ‘not ruling anything in or out’. Dollar falls. Telstra hit with two-hour outage. Bank of Japan’s first hike in 17 years. Takeover targets Pacific Smiles, Boral gain.
Vitamins group Nature’s Care in receivership. ANZ boss says rate cuts may not come this year. Iron ore futures back above $US100. China economic data slightly better than expected. Superloop drops.
ASX down 2.3 per cent this week. AGL slams nuclear debate as muddying landscape. ASIC concerned by Westpac process. Tabcorp CEO’s comment was about female regulator. ARN Media lifts Southern Cross bid.
The sharemarket has closed slightly lower, as Macquarie downgrade hits banks. Appen dives as takeover bid dropped. Superloop soars as wins contract, Aussie Broadband tanks.
BHP hits nine-month low as iron ore futures fall. Liontown jumps on $550m debt deal. Treasury Wine up as China flags tariffs removal. Appen falls on merger approach. PwC cuts 366 jobs. Core Lithium drops.
Alumina accepts Alcoa takeover. Business conditions rebound: NAB. Lowe new Future Generation chair. Iron ore majors down after price tumble. Gold, lithium stocks gain. Bitcoin’s record. QV up on merger.
CBA boss sees ‘enormous’ demand for bank shares. Home loan hardship rises: CFR. Chalmers to reform merger laws. TASK shares almost double after bid.
Record close and intraday high for ASX 200. CBA hits fresh high. Virgin Money UK rockets. Court blocks Scyne move on ex-partner. Magmatic soars on Fortescue buy-in. Pacific Current offloads GQG stake.
Both the number and value of home loans for owner occupiers have fallen, and investors have also pulled back.
Original URL: https://www.theaustralian.com.au/author/megan-neil/page/6