Optus names new CEO, Qantas agrees to $120 million 'ghost flights' settlement, ASX ends higher — as it happened
ABC Australia » Cryptocurrency
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1w ago
The ASX has finished higher after very strong gains on Wall Street after "Goldilocks" jobs numbers on Friday, while Qantas will pay a $100 million penalty and $20 million in fines for selling tickets on flights that had already been cancelled ..read more
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RBA warns path to curbing inflation 'unlikely to be smooth' as it leaves rates on hold again — as it happened
ABC Australia » Cryptocurrency
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1w ago
The Reserve Bank announces interest rates will remain on hold at 4.35 per cent despite some economists saying a hike is needed to curb inflation ..read more
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ASX rises slightly as post-RBA meeting momentum continues despite 'underwhelming' session on Wall Street
ABC Australia » Cryptocurrency
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1w ago
The ASX 200 finishes 0.1 per cent higher after the RBA's latest interest rate decision, while Wall Street's recent rally loses steam as investors wait for the latest inflation data out of the US next week ..read more
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ASX closes in positive territory after Bank of England holds rates steady — as it happened
ABC Australia » Cryptocurrency
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1w ago
The ASX 200 closed higher on Friday after the Bank of England kept interest rates steady and US indices lifted on Thursday night.  ..read more
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As it happened: ASX flat as business conditions and household spending fall
ABC Australia » Cryptocurrency
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1w ago
The Australian share market ended up going nowhere ahead of tomorrow's federal budget, with new data showing both business conditions and household spending softening last month ..read more
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As it happened: BHP knocked back again in takeover saga, ASX closes lower
ABC Australia » Cryptocurrency
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1w ago
Mega-miner BHP is not getting bigger today, as the board of Anglo American have rejected a second takeover bid and proposed their own strategy for the future.  The ASX 200 closed slightly lower as the market awaits the full detail of the federal budget ..read more
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ASX flat as rate cut bets for 2024 are all but gone — as it happened
ABC Australia » Cryptocurrency
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2w ago
Australian inflation keeps falling, but not as fast as economists, including those at the Reserve Bank, had hoped. That has slashed rate cut bets and wiped out early gains on the ASX. Look back on the day's events and insights from our business reporters as it happened with our blog ..read more
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Anglo American rejects BHP $60b takeover offer, saying it 'significantly undervalues' the mining company — as it happened
ABC Australia » Cryptocurrency
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2w ago
The ASX has ended lower on Friday, while Anglo American has rejected BHP's $60 billion takeover bid, saying it "undervalues" the British mining company and its future prospects ..read more
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Seven West Media announces leadership shake-up, Crown Resorts confirms job cuts, ASX ends higher — as it happened
ABC Australia » Cryptocurrency
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2w ago
The ASX has closed 0.8 per cent higher to start the trading week, while Seven West Media has appointed a new director of news and Crown Resorts confirmed job losses in Sydney, Melbourne and Perth ..read more
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ASX edges up, BHP confirms $39b Samarco disaster settlement offer — as it happened
ABC Australia » Cryptocurrency
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2w ago
Mining giant BHP reaches a $US25.7 billion ($39.1 billion) settlement offer with the Brazilian government on the Samarco dam disaster. Look back on the day's financial news and insights from our specialist business reporters on our blog ..read more
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