-
Sort By
-
Newest
-
Newest
-
Oldest
A dramatic reporting season saw over 40 per cent of companies surprise to the upside, less than 30 per cent disappoint and a third fall in line with expectations.
The Reserve Bank of Australia’s aggressive pursuit of a neutral interest rate policy setting has offered a challenging backdrop to the sharemarket this week, with the S&P/ASX200 falling 1.4 per cent on Wednesday. It wasn’t rates alone, however, with the oil price falling to levels not seen since January 2022 as concern grows about the…
After a positive start, the local market turned tail after the Reserve Bank board lifted the cash rate target by 50 basis points to 2.35 per cent, its highest level since December 2014, at its meeting yesterday. The central bank has now raised interest rates for five months in a row, in its most aggressive…
Energy powered the Australian market higher on Monday, with a 4 per cent rise in the S&P/ASX 200 Energy index at the heart of market sentiment, as oil, gas and coal prices rose. The energy action helped the benchmark S&P/ASX 200 advance 23.5 points, or 0.3 per cent, or to 6852.2, while the broader All…
The local sharemarket continued its recent weakness, falling another 2 per cent for the first day of spring. Australia’s largest company, BHP (ASX:BHP) was the biggest detractor falling 7.6 per cent, or $3.09 cents as the stock went ex-dividend. This is a regularly forgotten impact of the payment of dividends, which totalled $2.56 plus franking credits, as…
The S&P/ASX200 almost turned around a sharply weaker start to trading on the final day of August, falling just 0.2 per cent on Wednesday. In a reverse of recent days, the energy sector was the biggest detractor after the European Union warned of a potential intervention in energy markets and China faces another COVID-19 outbreak….
Findings from the 2022 Adviser Technology Needs Report highlight the need for a better investment platform system
The new regime will help firms identify and act on breaches a lot quicker than before.
A merger that would have created the third largest licensee is cancelled.
Longreach taps into the LNG market supported by projects in Texas & Oklahoma.
