ASX ends flat; Optus begins CEO search
Berejiklian flags interest in Optus top job. Healius raising $187m to ‘reset’ balance sheet New ASX platform a ‘multi-year undertaking’. Rio Tinto cops $43m fine.
Markets
Grim photos show reality of rental crisis
A shocking rental lists a dank garage for $1000 a month in a grim reveal of the country’s rental crisis, with many asking how it is legal.
ASX drops as oil plunges
A drop in global oil prices has hit the Australian share market, pushing the benchmark lower on Friday with energy stocks sliding 1.6 per cent.
ASX falls; pay hits at Ingenia, Lendlease
Oil price falls weigh on energy producers. Lendlease, Ingenia investors deliver first strikes. Optus CEO Kelly Bayer Rosmarin defends handling of outage. APM founder’s near-$4m buy-in.
More Stories
Aussie item China can’t get enough of
Our stoush with Beijing shows no sign of ending any time soon – but there’s a new Aussie product China seems to be obsessed with.
Heat comes out of ASX rally
Slightly higher close, as heat comes out of ASX 200 rally. IT, Consumer Staples held gains. AMP Capital’s GEFI business sold to Macquarie. Helen Coonan faced Crown inquiry.
Aussie fitness chain now worth $2b
A fitness company in Australia and backed by Hollywood actor Mark Wahlberg, are looking to list it on the stock exchange.
Tech stocks raise ASX, energy weighs
ASX 200 was lifted to a 0.9% higher close by tech stocks while the energy sector weighed on the index. Challenger soars after Apollo builds stake.
Australia’s interest rates left on hold
Australia’s official interest rates have been kept at a historic low after the Reserve Bank’s monthly meeting.
ASX dips, RBA holds rates
The RBA has held the cash rate steady, while the ASX 200 has dipped from its early gains. BHP up after iron ore price gain. Westpac sells NZ life insurance business.
ASX flat, Sydney Airport spikes, Tabcorp split
ASX 200 closed up 6 points after rising as much as 0.5% early in the day. Crown flags lockdown hit, Tabcorp unveils demerger plan. Sydney Airport takeover bid. AustSuper +20% returns.
What investors can expect in 2021-22
Soaring sharemarkets and property prices have investors riding high, but here’s why some care is needed this financial year.
ASX off highs, travel stocks gain
ASX 200 gains, with travel stocks higher. Seven swipe at Boral, Westpac alleges ‘significant’ potential fraud.
Mega-rich Aussies spend $6.7b on homes
CEOs, young entrepreneurs and wealthy retirees are fighting it out in an elite part of the property market most of us could only dream about.
Original URL: https://www.themercury.com.au/business/markets/page/199