News

No site for green FMG plant in WA

Leaders of Australia's biggest companies will forecast their fortunes in a post-lockdown economy after a listless start to the week on the ASX.

Low jab rates a growth risk

A first week of gains in the past five on the ASX has investors feeling better, although there's wariness of China's highly leveraged economy.

Wesfarmers ramps up API battle with strategic stake

Investors are poised to stop a four week losing run on the Australian share market as they return to buying bank stocks.

First shot to rein in housing risk

Shares have had a mid-session collapse on the Australian market after New Zealand's central bank hiked rates due to rising prices.

Hydrogen era draws Asia closer

Reserve Bank optimism about the economic reopening of lockdown states has helped ASX investors recover some but not all of their losses.

The Reserve Bank of Australia left the official cash rate at a record low 0.1 per cent following its monthly board meeting, as widely anticipated by economists.

Announcement looms on compulsory vax for miners

A Commonwealth Bank share buyback helped produce a winning start to the week on the ASX, while troubled property giant Evergrande made a sale.

Virtual Gaming Worlds shuns ASX, hits record profit

Investors had broad-based losses to end the week on the ASX as the market slumped for a fourth consecutive week.

Major miners push for net zero

Investors' 11-month winning streak on the ASX is over as US inflation concerns, a debt ceiling row and a slowing Chinese economy weigh on confidence.

More delays are inevitable as FedEx parcel delivery workers strike for 24 hours over job security, a week after StarTrack workers walked off the job.

Coal, gas exports boom

Broad-based selling has continued for a second consecutive day on the ASX as fears of a US credit default and energy shortages in China add to economic uncertainty.

PM to end money for lockdowns

Australian shares had their steepest fall in the past six trading days amid expectations US authorities will soon start taking away economic stimulus.

PM's hard sell on climate target

September is proving a miserly month for ASX investors, who had their third consecutive week of losses.

WA builders push back on mandatory jabs amid Melbourne riots

Workers at a major parcel delivery company are striking across the country, dealing another blow to Australia's overwhelmed postal system.

Shares on the ASX had their biggest rise since August 2 following a global relief rally for the still-troubled property giant Evergrande.

Childcare duo hand baby over

Investors took confidence from troubled property giant Evergrande pledging a payment, while they wait for US monetary policy decisions.

MinRes, Norwest strike big gas in the Perth Basin

Perth businessman Dallas Dempster, best known for spearheading Burswood Resort and Casino, has died aged 80.

Shares have bounced back to gains on the ASX, although troubled Chinese property giant Evergrande cast doubt over bank stocks.