ASX hits near-record as miners offset banks
Surging iron ore prices helped the ASX 200 eke out a small gain on a mixed day for shareholders.
Australian Dollar
ASX falls to worst day since April
Australia’s sharemarket slumped on Monday with Australia’s big four banks hammered during the day’s trading.
ASX has best week since May
A surge in the major miners and healthcare stocks drove the ASX to its best week since May, with the All Ordinaries passing the historic 9000 point mark.
Blue chip earnings ‘recession’ continues
Australia’s biggest companies are tipped for a third consecutive year of falling profits, with an expert warning the market is overvalued and ‘something has to give’.
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Major bank calls out RBA over rate cut
One of Australia’s big four banks has fired off a simple question to the RBA ahead of its next board meeting, pushing them to deliver a cut for homeowners.
ASX treads water as miners soar, banks fall
Market heavyweight BHP rallied more than 5 per cent during Thursday’s trading, but it was not enough to lift the local market as a banking sell-off dragged the index lower.
$120m wiped out in childcare horror show
The company that operates the childcare centre at the heart of Victoria’s alleged child sex abuse horror is crashing, losing $120m in value since Tuesday.
Super mistake costing Aussies thousands
Australians are missing out on thousands of dollars in retirement savings by making one costly mistake during market downturns.
Aussie sharemarket closes at record levels
A jump in Chinese manufacturing and anticipation of a rate cut led to the Australian sharemarket closed at an all-time record.
The pub tradition cost of living killed
Shouting a mate a beer at the pub is on the way out thanks to cost-of-living pressures and a technology breakthrough.
340 jobs at risk as Aussie paper mill teeters
The owner of Australia’s last remaining paper mill has warned that 340 jobs could disappear due to shock power shortages.
ASX’s flat start to new financial year
The Aussie sharemarket has traded flat to start the new financial year, despite a strong lead-in from Wall Street.
ASX nails 10pc financial year gain
The ASX 200 gained 10 per cent in the financial year after with healthcare and consumer discretionary stocks driving the market higher on Monday.
Gas shortfall risk sparks urgent review
Australia’s energy minister has flagged major potential changes to the country’s domestic gas market, as the ACCC warns of looming shortfalls.
Original URL: https://www.themercury.com.au/business/markets/australian-dollar/page/4