Real estate loses ground on RBA minutes
Real estate investors have taken a backwards step on the sector Tuesday, as the Reserve Bank minutes show the cash rate could be hiked again.
Real estate investors have taken a backwards step on the sector Tuesday, as the Reserve Bank minutes show the cash rate could be hiked again.
RBA minutes show narrowing path to normal inflation. Liontown soars on Kathleen Valley funding, offtake deal with LG Energy. Union hails ‘bittersweet’ Bonza liquidation.
Most sectors took a hit in trading Monday, with resources gains not enough to offset tech losses.
Anglo fire lights up rival coal miners. Brambles US chief to exit in six months over ‘cultural differences’. Lendlease to sell US military business for $480m. WiseTech billionaire’s $139.5m June selldown.
Shane Warne’s daughter Brooke Warne was forced to “walk for half an hour” to get to the Melbourne Cup as protests broke out, stopping traffic.
AustralianSuper ‘solidifying’ Origin stake at more than 15 per cent. Independent expert maintains Origin bid is fair. Westpac’s profit soars, dividend up amid buyback. Magellan down on outflows.
Australia and Europe were close to an epic trade deal but it all fell apart this week. Here’s why Aussie wine producers are raising a glass to its demise.
Off the back of the worst week in the worst month, the ASX was up 2.2 per cent at the end of the week.
Qantas gets massive first strike against pay; directors Sampson, Hutchinson stay on board. Macquarie gains on buyback after earnings miss. Block soars. Treasury, Aussie Broadband dive.
A positive lead from Wall St overnight, buoyed by the US Federal Reserve’s most recent rates pause, saw Aussie markets rise on Thursday.
Bourse extends gains to three days. Australian Super rejects new Origin bid, looks to lift stake. Santos shares fall on court block. Pacific Current soars on GQG interest.
New strict rules for Aussie travellers which could see their visas cancelled have been introduced.
Private industry must pitch in with the government for Australia to hit net zero by 2050, according to the Treasurer.
Traders have ended the day on a high after poor results on the Australian share market earlier this week.
Original URL: https://www.themercury.com.au/business/markets/page/68