ASX nears record on first day of 2024 trade
The share market finished higher in its first day of trading for 2024, with the benchmark index just five points away from reaching its all time high.
Breaking News
CCTV captures house party explosion
CCTV footage shows the moment an explosion lit up the night during an NYE party in a residential Melbourne street as police release new details.
ASX falls in final session of 2023
The local benchmark sank in its final session of the year, as investors looked to lock in some profits to cap off a solid December run.
ASX200 closes in on record high
Australian shares continued to advance on Thursday as a rally in the materials sector pushed the benchmark to close just 14.6 points below its record high.
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Banks’ pledge to vulnerable customers
Australian banks have pledged to stamp out dodgy debt management services that prey on vulnerable customers.
Gloria Jean’s ‘took advantage’ of owners
The company that owns Gloria Jean’s and Donut King is accused of knowingly selling unprofitable franchises in action by the ACCC.
Competition ‘concern’ over Woolies deal
Supermarket giant Woolworths faces a major hurdle in its bid to buy a controlling stake in a family-owned wholesale business.
China trade war sends ASX lower
With China’s intensifying trade war against Australia now seemingly targeting mining exports, resources stocks dragged the ASX lower.
How Aussies are saving the economy
Economists at one of Australia’s major banks say spending in these two areas is helping the economy recover from the downturn.
Scathing finding about school banking
A damning report has found bank programs in schools have next to no educational value and are little more than a marketing ploy.
Winemaker hasn’t given up on Asia
One of Australia’s largest wine producers says it is still looking to expand its Asian business despite China slapping the industry with major tariffs.
Where first-timers are buying up property
New data from one of Australia’s major banks reveals buying has reached record levels and is fuelling a mass migration.
ASX back in the green
The Australian sharemarket shrugged off a weak lead from Wall Street to close in the green, with shares in Afterpay reaching record highs.
Kmart launches low-stress shopping
Select Kmart stores will from this week set aside two hours for a new program, providing a low-sensory environment for sensitive shoppers.
Original URL: https://www.themercury.com.au/business/breaking-news/page/200