Banks weigh after a bearish note from Citi. Miners supported after China’s GDP surprise. Rio Tinto, Glencore reportedly in merger talks. Insignia soars after CC Capital outbids Bain. Lovisa gains on broker upgrade.
Sugar prices are at historical highs but more than 1 million tonnes of cane was left unharvested this season, leaving farmers fuming.
Economists divided over Feb rate cut forecast after 56,000 jobs boost. Rio rises after ‘good finish’ to 2024. Zip jumps after Sezzle earnings upgrade. Star edges up. Softer US core inflation boosts equity sentiment.
WiseTech shares dive on heavy volume amid suspected institutional selling.Independent expert backs Premier, Myer deal after recalculations. Billionaire Rinehart-backed Arafura gets fresh Labor buy-in. Macquarie to invest in US data centres. Cash-strapped Star ticks up amid Macau intrigue. Billionaire’s takeover interest fires up AVJennings.
ASX 200 ends 4 day losing streak on US tariff hopes. Ingenia Communities leaps 15 per cent after boosting its earnings guidance. Cash-strapped Star rises as mystery investor buys more stock. Telix beats revenue guidance. Car Group lifts after Tyres exit. Mesoblast raises $260m. Blundy-backed City Chic rises.
Insignia rises on improved Bain bid. Weak sales updates from Myer, Premier weigh. Energy players gain as Brent hits $US81 per barrel. Low AUD threatens rate cuts. Star rising amid cash crisis talks.
Slow spending lifts chances the RBA will move earlier than expected to deliver interest rate relief.
New boss Steve McCann has his work cut out to come up with a deal to save the casino. But he is fast running out of options.
November retail sales undershoot expectations despite Black Friday boost. Casino group Star’s investors react to latest cash crisis. Rex board aware of ‘bewilderingly bad’ sales: ASIC. Arcadium lifts on US nod to Rio buyout.
Investors buoyed by cooling underlying price pressures. Forrest named in bombshell ExxonMobil lawsuit. Avita’s downgraded earnings guidance weighs. Computershare falls on UBS ratings cut.
Australia’s stock market rises for a fourth day running, setting three week intraday and daily closing highs as gains in most sectors outweigh falls in iron ore miners. Morgan Stanley says Aussie bank share prices ‘not justified’. IDP Education up on Macquarie upgrade. WiseTech’s new buy. Nvidia hits record.
CC Capital trumps Bain takeover bid for Insignia. Infratil flags more CDC support as debt costs weigh on valuation. Shares in Goodman, Nine up after notable investor moves. Whyalla Steelworks restarts with unresolved issues.
The Magic Millions polo day is bringing in new audiences, going ahead without a hitch after the event’s inaugural twilight race had to be shifted when a large section of the track appeared to be poisoned.
There’s more to this romantic travel tale than meets the eye.
Former foreign minister Alexander Downer has decried the ‘tragedy of modern Australia’, which has ‘lost its passion’, as it abandoned policy leadership and followed the pack.
Think of the wines you pack for your summer holiday the same way you do the books you take to read on the beach.
The Grampians National Park fire threatened to flare again on Sunday, while in Western Australia, an out-of-control blaze has cut off the main freight route north of Perth.
The 15-year-old’s body is being recovered by emergency responders after he was swept off a rock shelf at North Avoca Beach on the NSW Central Coast.
Moira Deeming says she is ‘delighted’ to be back in the Victorian Liberal parliamentary partyroom, revealing John Pesutto apologised and shook her hand when she entered.
Police say the search for a 15-year-old Scots College student hit by a wave and swept off the rocks at North Avoca Beach on the NSW Central Coast has been scaled back as it enters a recovery phase.
Original URL: https://www.theaustralian.com.au/news/page/4