‘Unconscionable’: Optus cops $100m fine
Telco giant Optus has agreed to pay a whopping $100m fine for exploiting hundreds of vulnerable and disadvantaged Australians.
Markets
Middle East tensions fuel oil price volatility; ASX flat
Chalmers won’t preempt FIRB advice on Abu Dhabi’s near-$30bn takeover play for Santos. US forces deployed to region amid Israel, Iran attacks. Blow for Albanese as Trump plans hasty G7 exit.
‘Perilous’: Chalmers’ inflation warning
Motorists are being warned it is “inevitable” they will be paying more for fuel in the coming days, while Treasurer Jim Chalmers says there could be issues for the economy.
Market flat; takeover offers boost THL, Santos
Bourse operator faces ASIC inquiry over ‘repeated, serious failures’. Israeli strike success boosts Wall Street futures: IG. National interest of Santos deal up to Chalmers: Coalition.
More Stories
ASX 200 trims gains after all-time high
ASX ends flat after record high. CBA falls after record high. Qantas down after decision to close Jetstar Asia. Zip, Fletcher Building top gainers. US, China trade negotiators reach ‘framework’ for Geneva agreement. US appeals court extends Trump tariff win.
Aussie shares bounce to record high
Australia’s sharemarket has surged to a record high shortly after the opening bell, as investors grow giddy about a possible trade deal.
6000 jobs at risk as smelter nears collapse
Rio Tinto’s mammoth Tomago aluminium smelter is reportedly close to collapse, putting some 6000 jobs at risk.
‘Dumb’: Trader unleashes as CBA explodes
Commonwealth Bank stunned the world with a record valuation that dwarfed even Wall Street’s biggest banks. But not all is what it seems.
ASX slips after Trump/Musk stoush
Australia’s sharemarket dropped during Friday trading, as cautious investors await the release of US economic data and Trump and Musk have a public spat.
State’s $28m AI plan revealed
Company workers aren’t the only ones facing an AI tidal wave, with one state announcing a new $28m drive to embed the tech revolution into its public sector.
Quiet day on ASX after Trump-Musk implosion burns Tesla
Local investors wait and watch ahead of long weekend break. Wall Street awaits jobs data as Elon Musk, US President Donald Trump torch friendship.
Tesla share price stuns after Musk act
The stock market has reacted in swift and stunning fashion to the fallout of Tesla CEO Elon Musk’s relationship with Donald Trump.
ASX slides before key economic events
Australia’s market basically has traded flat on Thursday as investors await key economic news out of the US and Europe.
CBA turns after record; IDP Education routed again
CBA eases after $182 intraday record. Austrac versus Star in court. Tyro sinks as search for new CEO starts. IDP Education rout continues. Lynas soars on broker upgrade.
Original URL: https://www.themercury.com.au/business/markets/page/2