Breaking NewsThe Australian sharemarket advanced for a 10th consecutive session on Thursday, marking the longest rally in stocks since 2015.
CompaniesWeak 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.
Breaking NewsMaking $100,000 a year used to be a kind of salary holy grail for a lot of Aussies, but the country’s cost-of-living crisis has changed that completely.
Business Breaking NewsOne of Australia’s richest people became $2.1bn better off on Wednesday as his tech firm led the Australian share market.
CompaniesEnergy 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.
BusinessThe solar farm is expected to cost billions in taxpayer funds, however, most of the power won’t be going to Australian homes.
Breaking NewsThe Australian economy is growing at its slowest rate since a sharp recession in the early 1990s and it’s particularly bad news for white-collar workers.
MiningAustralia’s biggest mining company is reportedly looking at Indonesia’s nickel industry following the shut down of its vast nickel operations in Australia.
Business Breaking NewsA major commercial property player has taken a huge financial hit, as negativity around iron ore leaves room for investors to pounce.
CompaniesInflation 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.
Business Breaking NewsChinese manufacturing, and it turns out Chinese babies, have left their mark on the ASX on Monday despite the market closing up.
CompaniesMixed 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.
Breaking NewsThe Treasury is monitoring falling iron ore prices, as it warns continued struggle could result in a $3 billion dent in the Australian economy.
ExclusiveBreaking NewsWith the rising cost of living stretching budgets further than ever, cost-conscious Aussies are cutting back. It’s left one key industry in a battle to survive.
Business Breaking NewsSteadfast on not cutting rates anytime soon, the RBA governor’s comments have done little to dampen the mood on the ASX on Friday.
CompaniesASX 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.
LIVEBreaking NewsShocking claims about the controversial CFMEU have been made at a hearing into Australia’s cost-of-living crisis.
Business Breaking NewsSerious concerns from steel makers in China and big drops in key energy and medical stocks weighed on the ASX Thursday.
CompaniesAUD 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.
Business TechnologyProfits at Australia’s biggest telco have been slashed 13 per cent, but Telstra is still getting value from one particular pursuit.
BreakingBreaking NewsThe latest employment figures beat expectations, with the Australian economy adding tens of thousands of new jobs.
Interest RatesAustralia’s biggest bank has just delivered some heartening news for struggling mortgage holders.
Business Breaking NewsAustralia’s corporate watchdog sparked alarm in the markets after it announced court action against the ASX over alleged misleading statements.
CompaniesRBNZ 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.
UPDATEDBankingCommonwealth Bank has revealed loan arrears are on the rise, as it posts a $9.48bn statutory profit for the full year.