WATCH LIVE: Westpac CEO Peter King speaking during parliamentary Q&A. CBA boss vows to continue lending to gas projects. Ellison’s fortunes hit in MinRes dive. Qantas, South32 flag buybacks as profits fall. Cettire down on profit slump.
RBA hike not ruled out as inflation remains sticky at 3.5 per cent. Controlling shareholder Rio to back ERA’s $880m discounted raise. Special dividend boosts Woolworths. Tabcorp’s worse than expected loss, CEO-elect Gill McLachlan’s ‘reality’ check weighs.
BHP cuts dividend after profit fall. Coles earnings beat estimates. Woodside to walk ‘growth funding tightrope’. Guzman Y Gomez gains after profit beat. Johns Lyng dives on revenue miss. Lovisa trading update disappoints. CBA chief economist steps down.
Ciarán Carruthers to leave Crown. Downgrades loom for Bendigo Bank, NIB. Perpetual’s impairment weighs. Kogan soars. Aussie Broadband jumps on first dividend. Kelsian tanks on capex guidance. Aviation reforms to improve competition.
APRA slaps ANZ with $250m penalty after trading scandal. Rex administrators given more time to find buyer. Elanor scraps dividend. ASIC’s win in crypto firm fight. Inghams’ profit miss, mixed guidance. Legal battles weigh on Fletcher.
Weak guidance weighs on Megaport. Collins Foods’ first-half earnings warning. Dividend surprise lifts Northern Star. Super Retail hits record high on special dividend amid scandal. Richard White adds $1bn more to his coffers.
Energy sector dips while tech stocks soar. Santos, Corporate Travel, IAG, Domino’s down earnings miss expectations. Brambles’ $500m buyback wins over investors. New CEOs at Perpetual, Atlas Arteria as PEXA search begins. WiseTech hits record.
Inflation will be ‘slow to decline’: RBA minutes. Dexus sinks on FY25 distribution warning. Ansell’s result better than expected. Judo tops expectations. Reliance results ‘operationally strong’. Yancoal slumps on weak first-half. Baby Bunting, Monadelphous gain.
Mixed reactions to Westpac update. BlueScope falls on FY24 profit drop. A2 Milk plummets on missed expectations. Lendlease losses grow. Australian Vintage, SkyCity flag impairments. Reece tanks on near-term challenges.
ASX 200 soars to two-week high after strong US gains. RBA boss says no rate cuts likely in the near term. ASX Ltd dips amid calls for chair exit. Banks rise on positive signs for net interest margins. Dispute settlement lifts Synlait, A2M. PWR Holdings dives.
AUD rises on ‘quite tight’ jobs market. Cochlear, Origin sink on profit miss . Telstra rises despite profit fall. Treasury Wine lifts on China boost. Goodman dips on mixed results. Nufarm tumbles on earnings downgrade.
RBNZ begins easing with first rate cut since 2020. ASIC sues ASX over CHESS statements. APRA orders review into CFMEU-linked super funds. CBA profits slip. Seven Group underlying profit jumps, Seven West Media earnings sink.
Wages growth at its slowest pace in two years, but no rate cut yet. CSL’s FY25 guidance disappoints. Orora rejects Lone Star’s ‘opportunistic’ $4.3bn offer. Seek dives after swing to loss. Temple & Webster soars on trading update.
RBA’s Hauser warns on ‘overconfidence’ on rate forecasts. JB Hi-Fi buying e&s, reports lower profit but beats forecasts. Aurizon flags $150m buyback, strong FY25 after missing consensus estimates. Beach Energy slumps to loss.
Stocks rise after strong US gains in response to lower-than-expected jobless claims data and commodities rise on China CPI beat. Super Retail boss ‘used company funds to further affair’: court docs. News Corp flags ‘external interest’ in Foxtel. Life360 shares jump as much as 20pc after revenue rise.
The local sharemarket ends slightly in the red, as investors ditch property, mining and energy stocks. RBA ‘won’t hesitate’ to life rates if necessary, Bullock says. ACCC can appeal CFMEU/Hutchinson court decision.
Local shares extend gains for a second day, with nearly all 11 sectors in the black. Property and energy stocks found strong support following a rebound in the US. Nikkei up 4.3 per cent on Bank of Japan news it won’t raise rates while markets unstable.
Local shares finish higher after major sell off. RBA governor Michele Bullock says there will be no interest rate cut in the next six months. Wall Street bled overnight amid a global sell-off.
Bloodbath across the board as the local sharemarket plunges with the ASX 200 down 3.7 per cent to a two-month low of 7649.6 in its worst day since May 2020. Global investors dump shares after US falls. Tokyo plunges 14 per cent in its worst day since the 1987 crash. Woodside buying OCI Clean Ammonia for $US2.35bn.
‘People were making good money for good effort. But it wasn’t egregious’: Luke Sayers. Mercer to cough up $11.3m for greenwashing. ASX has worst day in almost two years. JB Hi-Fi falls on downgrades. Afterpay owner among top gainers on strong guidance.
Original URL: https://www.theaustralian.com.au/business/trading-day/page/4