ASX 200 gains; ANZ reviews alcohol policy amid 'massive changes'; Cloud over Star's NSW licence; Downer jumps
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.
Welcome to the Trading Day blog for Friday, August 30. The ASX 200 closed 0.6 per cent higher at 8091.90 points. Wall Street closed mixed with Nvidia's falls dragging down Nasdaq.
The Aussie dollar is trading around US68.03c with disappointing July retail trade data having little impact.
Originally published as ASX 200 gains; ANZ reviews alcohol policy amid 'massive changes'; Cloud over Star's NSW licence; Downer jumps
Updates
Why bank may have to pay you hundreds
Nearly two million Aussies could soon receive hundreds of dollars after multiple major banks were ordered to issue more than $28m in refunds.
Alliance bucks trend with record year and ‘better to come’
Just like Rex, Alliance Aviation saw the opportunity to expand its fleet during the Covid pandemic but while one airline failed spectacularly, the other soared to new heights.
Aussie shares flat with all eyes on Israel
The sharemarket inched higher on Thursday as investors braced for Israel’s response to Iranian missile and terror attacks and the release of crucial US jobs data.
Green hydrogen hype fast runs out of steam
The glow of the superfuel is fading fast and this demands a rethink of its role in the path to net zero.
Hunger games: Qantas revamps menu as competition heats up
Faced with tougher competition from a cashed-up Virgin Australia, Qantas is looking to lift its game on the food front with a shake-up of what’s on offer on domestic flights.
‘Kick in the guts’: Major uni to slash jobs
An elite Australian university has been forced to slash jobs because of a huge deficit, which not even enrolling more students could fix.