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The Australian sharemarket managed to close a smidgen higher in a volatile trading session following the previous day’s bloodbath, with a surprisingly positive lead from Wall Street behind the recovery. → Read More
Drivers already paying record or near-record prices at the bowser can expect more hip-pocket pain, with the Russia-Ukraine crisis expected to deliver nasty supply shocks to energy markets. → Read More
The Australian sharemarket suffered its worst one-day fall in almost 18 months, wiping more than $70bn in value off the local bourse after Russia announced a “military operation” in Ukraine, which was followed by reports of explosions. → Read More
The boss of Blackmores says the vitamins and supplements giant is not really relying on Chinese “daigou” shoppers anymore as it gains more market share in Indonesia and Thailand, while the huge opportunity of densely-populated India will be a slow burn. → Read More
Qantas is still posting sizeable losses but showing signs of bouncing back from devastation wrought by the Covid-19 pandemic, encouraging expert observers that it’s near-death experience is now behind it. → Read More
Domino’s Pizza is rolling out new meal offerings, continuing to aggressively expand its store network and reduce delivery times, but has disappointed investors and analysts with its latest financial results. → Read More
The Australian sharemarket gained ground despite a week lead from Wall Street and nations including our own slapping sanctions on Russia as it seemingly steps closer to invading Ukraine. → Read More
Australian wages continue to rise but not enough to fuel more talk of an early cash rate hike by the Reserve Bank of Australia. → Read More
The Australian sharemarket slid firmly into the red, along with other global markets, as investors fretted about mounting Russia-Ukraine tensions. → Read More
Not a single cent of $6.3 million promised to improve mental health among the fly-in fly-out workforce has been spent, with a union describing the situation as “absolutely disgraceful”. → Read More
Supermarket giant Coles keeps rolling out more higher-margin own-brand products and is set to benefit as shoppers hunt for bargains to beat inflationary pressures. → Read More
The Australian sharemarket edged higher on news of a potentially positive development in eastern Europe and as the mid-point in the local profit reporting season was marked with a torrent of results. → Read More
A surprise tie-up between Telstra and rival TPG promises to boost 4G and 5G coverage and speeds for regional and rural customers, and naturally deliver juicy financial benefits to both companies. → Read More
Analysts have delivered their half-time verdicts on the current profit season performance, saying Australian companies have beaten expectations despite immense pressures but asking if investors have been rewarded accordingly. → Read More
The Australian sharemarket climbed firmly into the green after Russia announced it was pulling back some troops from Ukraine’s border, with sentiment further boosted by a flurry of strong half-yearly earnings reports from local companies. → Read More
Demand for skilled workers around Australia has climbed to epic proportions, a new government report confirms, with internet job advertisements up a whopping 54 per cent in January compared to pre-Covid levels. → Read More
A major bank has changed its residential property price forecasts, now expecting average capital city values will rise 8 per cent this year and fall 6 per cent in 2023. → Read More
Punitive tariffs on Australian wine in China have effectively closed the major market to local producers, an industry heavyweight says, as tensions between the two nations shows no sign of improving soon. → Read More
Chinese government mouthpiece The Global Times has lashed Prime Minister Scott Morrison as a “clown”, saying Opposition leader Anthony Albanese “positively shines” in comparison, “such is the abysmal state of Australian politics”. → Read More
The Australian sharemarket closed lower after overseas markets pulled back, with the world on edge awaiting potential military chaos in eastern Europe. → Read More