Today
ASX to rise, Wall Street rally loses momentum
Australian shares are set to edge higher, the S&P 500 extend ever so slightly its rally into a fourth day. Commodities were modestly lower.
- Updated
- Timothy Moore
Yesterday
Cettire founder makes rare appearance to talk up retailer’s growth
The luxury goods marketplace has been under considerable investor pressure with questions over some of the company’s duty and tax payment practices.
- Carrie LaFrenz
- Opinion
- Chanticleer
The chart that gives Goldman confidence M&A is on the up
Be wary of bankers talking deal pipelines. But what you can rely on them for is a good chart. Goldman Sachs’ M&A boss Marissa Freund didn’t disappoint.
- Updated
- Anthony Macdonald
- Opinion
- Chanticleer
The four key themes dominating Macquarie’s talkfest
Macquarie chief Shemara Wikramanayake is the perfect person to open the biggest investor conference of the year with the last of her issues a sleeper for a lot of us in Australia.
- Updated
- Anthony Macdonald
ANZ reveals $2b buyback; Macquarie bets on AI; Bonza backers’ plot
Read everything that’s happened in the news so far today.
- Opinion
- Investing
The investment shift that could undermine your wealth plan
Whether to invest for income or growth is not the right question to ask for those in or moving to retirement.
- Tim Mackay
ASX to rise, Wall St extends rally into third session
Australian shares are poised to gain, bolstered by the S&P 500’s advance as investors reset their bets on US rate cuts.
- Timothy Moore
This Month
- Opinion
- Chanticleer
Transurban’s buying and building days not done yet
Investors would have reacted much more strongly to any sort of distribution guidance. Instead, Transurban’s Michelle Jablko gave them the long road to value creation.
- Anthony Macdonald
ASX tipped to hit 8300 by year-end defying rate talk
Brokers and investors have all turned more positive on the outlook for the sharemarket, despite traders pushing out interest rate cut expectations to early next year.
- Joanne Tran
ASX queries Kogan executive options sale ahead of share plunge
The online retailer, in response to questions from the market operator, said it did not think a poor sales update that sent its stock tumbling was material.
- Carrie LaFrenz and Tom Richardson
Qantas’ $120m settlement; Westpac pays dividend; Optus gets new CEO
Read everything that’s happened in the news so far today.
Dan Murphy’s parent Endeavour posts 2.2pc sales growth
The pubs and bottle shops owner warned that market conditions have remained subdued so far in April.
- Carrie LaFrenz
Former APRA chairman Wayne Byres joins ASX board
His appointment comes as the exchange faces a range of governance questions after its failure to replace ageing clearing and settlements infrastructure.
- James Eyers
ASX to lift; Traders now turn to key US jobs data
Australian shares are poised to rise as tech stocks drove higher ahead of Apple’s earnings. Traders are also gearing up for the US jobs report tonight.
- Opinion
- Mining
BHP is betting self-interest trumps politics on Anglo American
Convincing South Africa’s government its $60 billion takeover bid for the mining multinational is politically palatable is part of BHP’s challenge in a particularly complex deal.
- Jennifer Hewett
- Opinion
- Chanticleer
Wesfarmers sprays growth bets, waiting for payoff
Wesfarmers’ hefty businesses proved their resilience in the pandemic. Now, with shares breaking $65 for the first time, Rob Scott needs us to think about growth.
- Updated
- Anthony Macdonald
- Updated
- Earnings season
NAB clings to business banking prize as mortgage brokers bite
National Australia Bank’s first-half profit tumble underlined the toll intense mortgage competition is still claiming on margins.
- Updated
- Lucas Baird and James Eyers
ASX to lift; Powell says rate increase is ‘unlikely’ as Fed holds
Australian shares are poised to rise after the Federal Reserve held interest rates unchanged.
- Opinion
- Chanticleer
Down markets draw out the year’s biggest share trades
Big block trades are flying this week, which only ramps up the chase for the next big trade.
- Updated
- Anthony Macdonald
ASX drops 1pc; $200m home goes on sale; What Star CEO sacking reveals
Read everything that’s happened in the news so far today.