Major bank’s huge $6.35m error
A major bank has apologised to thousands of its customers who were impacted by an error that led to them being massively overcharged.
Markets
Grim update as ASX sell-off continues
The ASX has tumbled to a new low after markets continued to sell off, with investors factoring in a less-than-favourable decision in the US.
ASX 200 grapples with broad selloff; CBA hits 5-week low
Utilities, energy stocks the only bright spots as index falls to three-month low. CBA tops large-cap declines. Mesoblast down on profit-taking. Japan’s Nippon Sanso to buy Wesfarmers’ Coregas.
Australia hit by $50b bomb in global panic
The global economy has been hit hard by a huge call in the US and Australia has been firmly in the firing line.
More Stories
Meta agrees to huge payout for Aussies
Tech giant Meta has agreed to pay out a whopping sum to Australians who were impacted by a major privacy scandal.
ASX 200 lifts; PEXA gains; Data#3 falls
Data#3 down after flagging Microsoft hit. PEXA soars on change of guard. BlueScope, BHP and Rio Tinto pick site for smelting pilot plant. House prices to stall next year: HSBC. Meta settles Aus privacy breach case.
ASX falls to fresh four-week low
The ASX 200 has continued to suffer major headaches amid falling iron ore prices – with the market falling to a fresh four-week low.
ASX 200 ends down on mining losses; HMC, DigiCo dive
Surprise inclusions in RBA’s new-look monetary policy board; new governance board members named. Data centres-focused DigiCo continues to decline. HSBC sued for alleged scam fails. China slump a blow to Treasurer’s mid-year budget update.
$1.8 billion budget blow tipped
Australian treasurer Jim Chalmers says the budget will likely be blown out by billions in part due to funding this project.
ASX 200 falls; DigiCo’s weak debut; Insignia, Iress top gainers
DigiCo flops on in subdued start to public life. Insignia considering Bain’s $4 per share bid. Iress promises to reinstate dividends. Rio to spend $US2.5bn on new lithium mine in Argentina. Premier’s FY25 start ‘challenging’. China stimulus talk disappoints
Big bank’s surprise call on cost of living
Westpac says the peak of the cost of living crisis could be behind us with the number of Aussies needing the bank’s help to pay their loans falling.
ASX falls on surprising jobs figures
The ASX has fallen to a three-week low on Thursday as markets digested better than expected unemployment figures.
ASX 200 ends at three-week low after jobs surprise; Ventia, Downer slump
The chance of an early rate cut fades after the jobless rate fell to 3.9 per cent. Qantas strike may disrupt holiday plans. AUD lifts. Downer and Ventia hit by ACCC lawsuit over price fixing cartel allegations. Peter Warren tanks on profit warning.
Surprising Aussie fashion trend revealed
Buy-now pay-later giant Afterpay has revealed some surprising Aussie fashion trends in its latest Afterpaid report, with one colour dominating 2024.
Original URL: https://www.thechronicle.com.au/business/markets/page/2