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Trading DayTrading DayMortgage lending giants CBA and NAB are now predicting the Reserve Bank will lift the official cash rate in February with the economy ‘perhaps already breaching’ its speed limit.
Trading DayTrading DaySupermarket giants Coles and Woolworths are under pressure as the competition watchdog looks into price gouging. Sharemarket operator ASX dividends to be cut to pay for $150m ASIC hit.
Trading DayTrading DaySouth Korea’s Hanwha is set to become CEO Paddy Gregg-led Austal’s largest shareholder, setting the stage for a boardroom fight with current top stakeholder Tattarang, owned by Andrew and Nicola Forrest.
Trading DayBusiness Breaking NewsAn overwhelming majority of Westpac investors have voted down a climate resolution as protesters pushed for change. November jobs data muddies the waters for the RBA, but inflation concerns may take precedence.
Trading DayTrading DayInvestors pile into precious metals miners as silver hits new record highs after meteoric gains in gold and silver this year. Analysts say Angus McKay-led Bapcor’s profit downgrade has made its ‘gearing more of a concern’.
Trading DayTrading DayReserve Bank governor Michele Bullock has flagged the RBA would potentially look at hiking interest rates ‘at some point next year’.
Trading DayTrading DayRBA decision on Tuesday may signal rate hikes next year, while US Fed chair Jerome Powell delivers a rate cut on Thursday. Jamie Pherous-led Corporate Travel’s troubles have triggered investor enquiries at another ASX major.
Trading DayTrading DayRio investors are sifting through CEO Simon Trott’s reset plans. Retail king Solomon Lew’s guidance misses market expectations. NextDC jumps on OpenAI partnership.
Trading DayTrading DayCopper prices hit a fresh high in London trading after miner Glencore cut its near-term output target. Billionaire Gina Rinehart-backed lithium group Vulcan down after capital raise.
Trading DayTrading DayCorporate regulator ASIC taken to task over what the regulator has done to ensure ANZ, led by new chief Nuno Matos, does not repeat its past failures.
Trading DayTrading DayThe fast-food group’s underlying interim profit rose to $30.8m, but its bigger wage underpayments hit is concerning. ANZ queried about ‘egregious’ conduct that triggered $240m fine.
Trading DayTrading DayThe ASX has partially restored the publication of company announcements and struggling Star Entertainment’s board has a new chairman, as US giant Bally’s installs two new directors.
Trading DayTrading DayThe ASX 200 index closed flat, but billionaire Richard White’s software giant WiseTech had another solid rise, while retailer Woolworths had its best day in months.
Trading DayTrading DayRichard White-led WiseTech contributes strongly to the ASX 200 uptick as its board reset continues. National mortgage leader CBA gains despite APRA’s warning about riskier home loans.
Trading DayTrading DayInterest rate cuts are becoming more of a distant prospect after consumer prices hit a 16-month high driven by the surge in power bills. Optus’ latest Vic outage may disrupt triple-zero calls.
Trading DayTrading DayMoney laundering control crisis hits Richard Fennell-led Bendigo Bank. Star investors back CEO Steve McCann’s $7.5m pay deal.
Trading DayTrading DayQube leads mid-cap gains after $11.6bn bid by Macquarie; Iress jumps on takeover talk; ASX 200 up strongly; DroneShield boss breaks silence; Anglo American snubs BHP again.
Trading DayTrading DayPharma group Mayne’s stress bucket is overflowing with Treasurer Jim Chalmers handing reluctant US suitor Cosette a way out of its $670m takeover.
Trading DayTrading DayA CEO and founder transition ‘should never be treated as a single day in the calendar’, declares MinRes chair. Guzman y Gomez boss boosts stake with $1m in shares.
Trading DayTrading DayASX closes 0.3 per cent lower, hurt by banking and technology stocks. National Australia Bank boss Andrew Irvine says Australia should be an ‘energy superpower’, as he bemoans the ‘vilification’ of gas. DroneShield dives 20 per cent after US boss quits.
Trading DayTrading Day A ‘perfect storm’ has hit local stocks with the ASX 200 dropping 1.9 per cent. BlueScope’s Whyalla Steelworks talks at an early stage. Technology One dives 16pc as results disappoint. Gina Rinehart pivots from lithium to rare earths.
Trading DayTrading DayElders’ earnings miss analyst estimates, but Delta boost ahead. New gas discovery in the Otway Basin. BHP down on UK’s Brazil dam disaster decision. UN expert joins fight against Woodside WA LNG project. TPG to raise $688m.
Trading DayTrading DayASX dives on US tumble and not a single Aussie stock picked at Sohn Hearts & Minds investment conference; Former PM Julia Gillard admits DEI mistakes and White House insider Anthony Scaramucci says JD Vance will never get crown.
Trading DayTrading DayRBA under pressure to hold rates steady after October jobs increase. DroneShield CEO, insiders pocket millions in stock sale. NextDC gets first strike against pay plan despite chair’s strong defence.
Trading DayTrading DayCBA, Aristocrat, Life360 dive. Deals keep Macquarie, MinRes investors busy. Megaport down after discounted Latitude.sh raise. Optus profit, costs up. New home approvals in flood zones concerning: Suncorp. Last orders for Menulog.
Trading DayTrading DayRising expenses hit CBA, Bendigo Bank profits. AVZ boss, director allegedly failed to disclose critical market information on Congo lithium project. Megaport taps investors for phased Latitude.sh purchase. Life360 sinks on new buy.
Trading DayTrading DayANZ shares lift as investors digest FY25 profit drop, staff exits, bonus cuts and new CEO Nuno Matos’ fix-it plan. CVC-EQT line joint $5.2bn bid for AUB. DroneShield fades after ‘admin error’. Mayne’s reluctant US suitor to appeal forced union.
Trading DayTrading DayMacquarie’s green indigestion, data centre tailwinds. Qantas down as domestic revenue growth slows. Elon Musk’s $US1 trillion pay plan backed by Tesla investors. Alliance Aviation drops 40 per cent after baring financial woes.
Trading DayTrading DayNAB’s lower cash profit, debt concerns weigh. Building supplies giant James Hardie blames opening dive on its imminent removal from a global index. Seven West expands cost-cutting; first strike looms.
Trading DayTrading DayAustralian private credit sector is ‘untested’ for crises, Joe Longo warns. BlueScope’s change of guard amid Whyalla talks. Tyro incoming CEO’s advisory side gig to continue. Investment manager Perpetual locks in Bain Capital for wealth arm talks.
