WiseTech’s ex-CEO Richard White says stepping down after a personal scandal’s his decision. Shares in KFC operator Collins Foods down after profit fall. Woolworths counting cost of strike actions.
Flurry of new partners at Barrenjoey. Northern Star down on $5bn buyout bid. Singapore Post locks in $1bn sale to Pacific Equity Partners. Metcash climbs as investors look past underlying profit drop. Retail sales, building approvals rise.
Interim nod for the aviation partners to operate 28 weekly return flights between Doha and Aus cities. Meta warns on incoming social media ban. Cbus chair Wayne Swan says no ‘reserve’ being built for fine payments. ANZ forecasts May rate cut.
Star investors vote against CEO pay amid liquidity, viability concerns. ACCC sues Webjet. IAG snaps up most of RACQ underwriting for $855m. AVJennings shares rocket on takeover. Activist group ordered to pay Santos $9m.
RBA to stay on sidelines until May amid underlying CPI pressures. Gerry Harvey slams ‘big black hole’ of govt debt. Web Travel soars on buyback, outlook optimism. Novonix dives after discounted raise. AEMO taps emergency powers to keep NSW lights on.
Banks, resources drive ASX selloff. Trump threatens tariffs against China, Mexico and Canada. Israel-Hezbollah ceasefire seen as imminent. Sharemarket operator ASX down after CHESS guidance. Brickworks sees ‘subdued’ key markets over next 12 months.
APRA decision weighs on big four. SG Fleet soars on $1.2bn takeover talks with Pacific Equity Partners. Novonix signs new offtake deal. Cuscal debuts in line with IPO price. SCA boss fires broadside at regulators.
WiseTech profit warning, AGM updates weigh. GQG ‘happy’ to buyback CDIs after Adani fall. A2M flags first dividend. Kogan soars on massive earnings jump. Billionaire Brett Blundy-led Lovisa gets second strike against pay after weak trading update. CBA hits all-time high at $159.03.
MinRes to exit/unwind Chris Ellison-linked deals. Westpac pushes RBA rate cut forecast to May. Pinnacle hits record. Dec listing for HMC’s big data fund. Accent smashed after margin drop. Shares in GQG down as it ‘monitors’ Adani bribery charges. Bitcoin hits $US95k.
Australia’s stock market retreats from a record high, but CBA does it again with another record high close, Analysts unpack Amcor’s Berry buy. Freight issue risks Nick Scali profit. EV volatility hits PWR Holdings profit margins.
ASX 200 soars to record high on large scale buying before a late selloff. RBA ‘vigilant’ on inflation risks. Goyder to chair Perron Group. TechOne hits record after profit jump on a strong day for tech stocks. CBA, Xero, WiseTech also hit records. Elders dives after capital raise. Santos buoyant on higher returns promise
Sites ‘held for strategic reasons’ Woolworths tells ACCC. SafetyCulture CEO to step down. Queensland coal ‘sugar hit’ won’t last: BHP. Elders in $475m buy after missing profit expectations, CEO extends stay. ASIC sues NAB.
ASX recovers from fall this week. New MinRes, Chris Ellison revelations weigh. Brazil court clears BHP in dam collapse case. Sohn Hearts & Minds Conference attendees learn from global fund managers about future trends and their hottest stock picks. Follow here.
‘Incredible value’ in CFMEU relationship: Cbus CEO. Major Pacific Smiles offloads stake, aiding Genesis in takeover battle. Tech giants ‘free riders’: CBA boss. IPH, Goodman get first strikes against executive pay.
ASIC warns of broader Cbus-like issues as super gint agrees to Senate hearing. Johns Lyng gets second strike. MinRes to mothball WA mine, 300 jobs impacted. Nuix sinks 20pc-plus despite CEO assurance. WiseTech hit with class action.
Paladin sinks 20pc-plus on mine challenges. Platinum Asset investors vote against pay plan. New intraday records for Aristocrat, CBA. ACCC says airfares up since ‘Rexit’, but Qantas has a different view. Business, consumer confidence up.
Resolute Mining CEO arrested in Mali. Endeavour’s profit warning weighs. Incitec rises on improving earnings, sale update. HMC hits record. CBA sets new peak at $150.35. DP World takeover fires up Silk Logistics.
Super fund HESTA demands early exit for MinRes CEO Chris Ellison as partner Albemarle ramps up pressure. Scandal-hit ANZ’s cash profit drops. Cuscal kicks off $336.8m IPO roadshow. Block down on revenue miss.
ACCC gives nod for Sigma’s multibillion dollar union with Chemist Warehouse. Regis launches legal action against Plibersek mine decision. Kerry Stokes starts swinging at AGM. Business leaders warn of Trump trade implications.
Local bourse rises strongly on broad gains. Future Fund puts MinRes on notice over Ellison ‘mistakes’. Fortescue to lean on government to help with green energy costs. Domain’s disappointing update weighs.
Original URL: https://www.theaustralian.com.au/business/trading-day/page/3