‘Nowhere to hide’: ASX loses $59bn
There was ‘nowhere to hide’ for traders on Friday as the ASX saw $59bn evaporate by the closing bell.
Breaking News
ASX notches consecutive record closes
The ASX200 has notched a consecutive record closing high on Thursday.
‘Not a regional route’: Albo’s shot at Rex
The Prime Minister says there are a range of issues responsible for regional airline Rex’s collapse but blamed one factor in particular.
Inflation news none of us saw coming
Inflation has hit 3.8 per cent for the June quarter, but some economists say that figure has given the Reserve Bank room to keep rates on hold.
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The shopping habit that won’t die
Shopping trends are returning to normal after changing dramatically during COVID-19, with one old-fashioned behaviour proving surprisingly resilient.
Major bank’s bad news for home buyers
Ultra-low home loans could be on the way out, with the nation’s biggest lender hiking rates for the second time.
Qantas announces more job cuts
Australia’s premier airline has announced more job cuts for cabin crew after news it is expecting a $2bn loss this financial year.
ASX recovers from major fall
Australian stocks rebounded from its worst fall in three months, with new jobs data and a surge in tech and financials lifting Thursday’s performance.
‘Turned a corner’: Virgin to add 250 jobs
Virgin Australia will offer hundreds of new jobs and ‘put more aircraft in the skies’ following a spike in demand for domestic travel.
Virgin boss explains death comment
The Virgin boss has explained in a memo to staff her controversial comment that borders needed to reopen even if ‘some people may die’.
Sea of red as ASX hammered
The ASX was smashed lower, with one company plunging more than 45 per cent. Here’s what caused the broader slump.
Bank‘s ’peace of mind’ offer to customers
One of the nation’s major banks has introduced an Australian-first savings buffer for customers facing financial hardship.
Tax write-off sparks corporate splurge
Businesses have gone on a spending spree to take advantage of the instant asset write-off scheme – even splurging on helicopters.
ASX in three-day winning streak
The ASX rose for the third straight day, led by resources stocks on the back of higher commodity prices and helped by banks including Macquarie.
Original URL: https://www.thechronicle.com.au/business/breaking-news/page/177