PolyNovo director pockets near-$2m in selloff. ‘Misalignment’ between Labor and business risky: KPMG. Harvey Norman sued over alleged worthless warranties. Woodside sets up decade of LNG supply to Japan.
New Hope’s underlying earnings still solid on ‘robust’ coal price. Platinum urges no action amid Regal bid assessment. Casino operator Star agrees lender terms. Genesis back to claim control of Pacific Smiles. Shareholders approve Webjet demerger.
Alcoa rises on $US1.1bn cash-scrip Saudi stake sale. Austal soars on $670m US shipyard expansion contract. Fair Work Commission lands Virgin pilots deal. Police & Nurses Limited calls off merger with Beyond Bank.
Star contemplates response to NSW regulator alongside financial debt talks. Regis soars on potential aged care reform benefits. Namoi Cotton bidding war intensifies with Olam’s higher offer. Atlas Arteria gears for French tax fight.
Nine’s change of guard as Mike Sneesby leaves at the end of September. Brickworks flags $123.5m impairment on weak markets. Qantas ex-boss Joyce paid millions more. ACCC gives banks, AusPost, supermarkets nod for cash-in-transit contingency planning.
MinRes jumps on Onslow nod, flags $300m in cost savings. RBA official warns on ‘hot’ jobs market. ASX chair exits amid investor pressure. REA’s £5.6bn Rightmove bid. Newmont’s $US475m sale to Forrest-backed group. Oil price dive weighs on Woodside.
Plibersek approval for Stokes-backed BCI’s Mardie project. Steadfast slumps on response to allegations. Tassie salmon may raise a stink at Coles AGM. Jim Chalmers considers ‘next steps’ on RBA reforms.
Premier Investments flags lower earnings, sacked Smiggle boss Cheston denies ‘serious misconduct’. Hotel Property Investments rejects $718m bid by Charter Hall Retail, Hostplus. Westpac CEO successor named. Steadfast in a trading halt. Star results awaited.
CBA hits all-time intraday high. Macquarie up 2.3pc on the day. First Super’s CFMEU-linked co-chair steps down after APRA action. Pacific Smiles CEO Andrew Vidler resigns.
RBA governor says higher rates not off the table. Data centre operator NextDC’s top gainer after AirTrunk sale. Coronado dives on guidance. Downgrades add to oil price woes for ex-div Woodside and Santos. Apollo selldown hit for Challenger.
Australia stuck in ‘weak productivity, high cost malaise’. Sale of Orora Packaging Solutions to US group resets core focus. Cettire cops beating after founder’s $15.8m buy-in. Oil price plunge weighs on Woodside, Santos.
Consumer stocks down as big names Coles, Woolworths and Wesfarmers trade ex-dividend. More pain for iron ore prices weighs on mining heavyweights. Public demand tipped to drive second quarter GDP growth.
Bank and energy gains offset declines by iron ore and gold miners. REA falls on news it is considering a bid for Rightmove. The Star suspended from trading.
ANZ CEO Shayne Elliott tells parliament a ban on staff drinking alcohol during work hours is ‘entirely reasonable’, after its conduct scandal. Star halts as NSW casino regulator looks at licence. Ramsay and Harvey Norman fall.
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.
Original URL: https://www.theaustralian.com.au/business/trading-day/page/5