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Tumbling miners lead ASX to a down week
The ASX 200 closed 0.7% lower on Friday, extending its weekly decline to 1.2%, as mining stocks came under pressure from a three-month low in iron or…
2 months, 3 weeks ago
SpaceX’s mega IPO lands as miners drag the market lower
Elon Musk has revealed plans for a potentially record-breaking IPO of SpaceX, with Australian retail investors set to get access to the offer. Stepha…
2 months, 3 weeks ago
Australia's economy stalls despite data centre investment boom
Australia’s economy expanded by just 0.3% in the March quarter, with growth driven largely by investment in data centres while household spending rem…
2 months, 3 weeks ago
Minimum wage workers get a pay rise as Anthropic looks to list on the sharemarket
Around three million low-paid Australian workers are set to receive a pay rise after the Fair Work Commission lifted the national minimum wage and in…
2 months, 3 weeks ago
Home prices in reverse while Australians rethink retirement
The Australian sharemarket finished flat ahead of key economic data this week, including GDP figures and US jobs numbers. Ricardo Gonçalves speaks wi…
2 months, 3 weeks ago
ASX soars on US-Iran ceasefire hopes, Australia’s richest people
Following Thursday’s $45 billion wipeout, the S&P/ASX 200 has finished the week 1.62 per cent higher following reports that US and Iranian negotiator…
2 months, 4 weeks ago
Businesses pass on fuel costs despite easing headline inflation
Australia’s sharemarket rebounded after a softer-than-expected inflation report lifted hopes the RBA may hold interest rates in June, but ABS data sh…
3 months ago
Space economy hype grows, as businesses pull back on investments because of fuel costs
Australian businesses are feeling the pressure from rising fuel costs and supply issues, with new ABS data showing nearly three quarters have been ne…
3 months ago
Why oil prices will remain high even if the war ends, and why stamp prices to rise
Oil prices have tumbled after Donald Trump suggested a peace deal between the US and Iran could be near, raising hopes of lower fuel costs for Austra…
3 months ago
Is space the next investment frontier? Elon Musk's SpaceX listing sparks investor buzz
The ASX finished the week higher as investors weighed strong gains in mining stocks against weakness in telcos, while attention also turned to the bo…
3 months ago