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Rate rise bets are back as the ASX tumbles
Economists at three of Australia’s big four banks have changed their mind and reinstated thier forecasts of an RBA rate rise this year as stubborn in…
1 day, 14 hours ago
Global bond market alarm - what does it mean for Australian equities?
Global bond markets are in freefall - with yields surging to multi-year highs. For concerned share investors, here's a primer from Damien Boey, Portf…
1 week, 2 days ago
BHP in US$9.8 Billion annual profit - driven by new biggest earner, copper
For the first time, copper profits outstripped its decades-long earnings bedrock of iron ore. Chief Financial Officer Vandita Pant joined Rena Sarump…
1 week, 2 days ago
12% share price plunge for bellwether retailer JB Hi-Fi depresses consumer discretionary stocks
Record annual sales, and rising annual profit have done nothing to stop the worst ever one-day plunge for JB HiFi. Investors showed their concern abo…
1 week, 4 days ago
Telstra outage costs CEO $607,000 in bonuses
Telstra posts a $2.4 Billlion dollar annual profit, and docks CEO Vicky Brady $607,000 over July's nationwide outage; More CBA profit-taking; Federal…
2 weeks ago
CBA reports $11 billion annual profit - despite 15% decline in mortgage applications
Australia's biggest home lender, Commonwealth Bank, has beaten forecasts with a near $11 billion dollar annual profit. At the same time it warns of h…
2 weeks, 1 day ago
RBA holds official interest rates at 4.35% for second straight meeting
Home borrowers are breathing another sigh of relief, as the Reserve Bank leaves the cash rate at 4.35% for a second consecutive meeting. But a hawkis…
2 weeks, 3 days ago
Banking stocks slide as Westpac mortgage applications slump 20 per cent
A jolt for banking investors, as Westpac flagged a 20-percent drop in Q3 mortgage applications, blaming the combined effects of three interest rate r…
2 weeks, 4 days ago
ASX closed at second consecutive closing high ; corporate reporting season hots up
Ongoing hopes of a US-Iran deal to re-open the Strait of Hormuz have sent the ASX to a second consecutive closing high. The S&P/ASX 200 added 43.8 po…
3 weeks, 1 day ago
ASX closes at fresh record high, as tech and mining stocks rally
The Australian sharemarket has closed at a new record high, amid hopes for an imminent re-opening of the Strait of Hormuz. Rena Sarumpaet spoke to Ju…
3 weeks, 2 days ago