What the sharemarket needs for a real rally
The recovery of the Australian sharemarket since global growth fears sent it spiralling into a bear market has heartened investors, but caution remains because earnings are flat.
Stock Ticker
- AGL AGL ENERGY LIMITED. -0.50%
- AIO ASCIANO LIMITED 0.11%
- AMC AMCOR LIMITED 0.21%
- AMP AMP LIMITED 0.71%
- ANZ AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED 0.79%
- APA APA GROUP 0.36%
- ASX ASX LIMITED -0.68%
- AZJ AURIZON HOLDINGS LIMITED -1.24%
- BHP BHP BILLITON LIMITED -1.46%
- BXB BRAMBLES LIMITED 0.50%
- CBA COMMONWEALTH BANK OF AUSTRALIA. 0.78%
- CCL COCA-COLA AMATIL LIMITED 1.38%
- CPU COMPUTERSHARE LIMITED. 1.14%
- CSL CSL LIMITED -0.05%
- CTX CALTEX AUSTRALIA LIMITED 0.06%
- CWN CROWN RESORTS LIMITED -0.82%
- DXS DEXUS PROPERTY GROUP 0.51%
- GMG GOODMAN GROUP -0.15%
- GPT GPT GROUP 0.00%
- IAG INSURANCE AUSTRALIA GROUP LIMITED -1.98%
- IPL INCITEC PIVOT LIMITED -0.63%
- JHX JAMES HARDIE INDUSTRIES PLC 0.06%
- LLC LENDLEASE GROUP 0.79%
- MGR MIRVAC GROUP 0.81%
- MPL MEDIBANK PRIVATE LIMITED 1.87%
- MQG MACQUARIE GROUP LIMITED 1.09%
- NAB NATIONAL AUSTRALIA BANK LIMITED 1.04%
- NCM NEWCREST MINING LIMITED -1.78%
- ORG ORIGIN ENERGY LIMITED 1.42%
- ORI ORICA LIMITED -0.13%
- OSH OIL SEARCH LIMITED -1.01%
- QBE QBE INSURANCE GROUP LIMITED 0.10%
- RHC RAMSAY HEALTH CARE LIMITED -0.18%
- RIO RIO TINTO LIMITED -0.65%
- S32 SOUTH32 LIMITED -0.32%
- SCG SCENTRE GROUP 0.00%
- SEK SEEK LIMITED -1.14%
- SGP STOCKLAND 0.47%
- SHL SONIC HEALTHCARE LIMITED 0.73%
- STO SANTOS LIMITED -1.55%
- SUN SUNCORP GROUP LIMITED 0.00%
- SYD SYDNEY AIRPORT -1.09%
- TCL TRANSURBAN GROUP -0.45%
- TLS TELSTRA CORPORATION LIMITED. 0.19%
- VCX VICINITY CENTRES -0.33%
- WBC WESTPAC BANKING CORPORATION 0.59%
- WES WESFARMERS LIMITED -0.70%
- WFD WESTFIELD CORPORATION -0.70%
- WOW WOOLWORTHS LIMITED -1.36%
- WPL WOODSIDE PETROLEUM LIMITED 1.24%
Key Stories
ATO faces resistance to reduce scrutiny
Any moves to water down scrutiny of the Australian Taxation Office is being strongly resisted by tax and small-business lobby groups, and some government ministers.
Public shun Dick Smith home brand
Dick Smith-branded product is being left on the shelf in the chain's closing-down liqudiation sale.
Government super reforms won't wait
The government will proceed with reforms and consider feedback on how they are working in 18 month's time rather than wait for the Productivity Commission to recommend the best way to improve.
Coles boss takes on Turnbull
Defiant Wesfarmers will not alter 'aggressive' approach after law change.
Bribery probe won't scare Kupper away
Elmer Funke Kupper is set to retain his role overseeing the nation's stock exchange amid a federal police investigation into allegations of foreign bribery.
Turnbull comes to blows with big business
The Goliaths of big business have sustained a damaging loss against the small business Davids thanks to the Turnbull government's decision to beef up competition laws.
- CBD BHP boss channels his dark side
- Markets ASX steady ahead of US rates decision
- Mining and Resources Every day is grand final day: BHP chief
- Markets After $800m typo, CEO is in the hot seat
- Business Government reviews 'backpacker tax'
Market Indices
Last updated: March 16, 2016 - 7:32PM
Last updated: March 16, 2016 - 7:32PM
Last updated: March 16, 2016 - 7:32PM
Last updated: March 16, 2016 - 7:32PM
Will Häagen-Dazs' second scoop prove a success?
One of the world's most famous ice-creams melted last time it landed on our shores. Will it survive this time?
In Depth
CEO sweats after $800 million typo
Michael Pearson was supposed to calm Wall Street doubters on Tuesday. Instead: total chaos.
Paul McCartney's $1b investment tip
Decades ago, Michael Jackson received some sound financial advice from the former Beatle. It was the best deal he ever made.
The seafood 'fraud' on our plates
From cans to fish shop windows and restaurant plates, 30 per cent of the world's seafood is still mislabelled.
Workplace
19 reasons you might feel unloved at work
One of the biggest reasons people leave their jobs is because they feel unappreciated.
What really happens to your CV when you apply for a job?
Recruiters are flooded with applications for every job they advertise. How do they handle all those CVs?
Markets
Checking your shares is bad for you
The constant stream of financial news may not be doing us many favours.
Board spill for Bionomics as investors revolt
Hard on the heels of the voting down a planned placement, dissident shareholders of Bionomics have upped the ante and are now gunning for two directors, including the chairman, Graeme Kaufman.
Iron ore slides for sixth day
Iron ore plunged nearly 5 per cent overnight, making the strong rally of the past weeks that had confused observers look more and more like an aberration.
- US Fed's 'dots' argue against rate hikes
- Cashing in on the tourism boom
- Markets Live: On tenterhooks
- Cash out, commodities up: global fundie survey
- Yuan steady but volatility will return
- Iron ore extends slide on China, supply outlook
- US government bond curve flattened by Fed bets
- Investors position for return of volatility
S&P; 500 slips as Fed policy makers gather
Search Quotes & Charts
The Economy
What NZ says about your home loan
Home loan customers may be looking for another rate cut by the RBA. But would it lighten their load? Don't count on it.
$A falls after RBA's subtle shift
The Reserve Bank of Australia seems more open to fighting low inflation and weak growth with an interest rate cut.
Retail
Second time lucky for Häagen-Dazs?
One of the world's most famous ice-creams melted last time it landed on our shores. Will it survive this time?
$1.8m worth of TVs added to Dick Smith bonfire
Thousands of televisions are set to be thrown onto the Dick Smith liquidation fire sale in the wake of a bizarre legal case.
Banking & Finance
Australia catches fintech bug, but NZ a bigger user
Australia has the third biggest fintech sector in Asia-Pacific after Japan and China, with a larger focus on business lending than most, but it is still a tiny part of the finance market.
FSC's Loane regrets bungled life-insurance claims
The peak body for life insurers admits consumers have been let down and their trust shattered following recent scandals around claims mishandling.
Mining & Resources
FIFO future is user pays
Room upgrades and other ''user pay'' options could become common at FIFO villages, according to the company that will run Rio Tinto's iron ore camps for the next ten years
Qld's $16.5b Carmichael mine a step closer
The Queensland government is a step closer to granting global resources giant Adani a mining lease for its $16.5 billion Carmichael coal mine in the state's Galilee Basin.
World Business
BOJ's Kuroda holds fire on stimulus
The Bank of Japan refrained from bolstering its record monetary stimulus as policy makers gauge the impact of the negative interest-rate strategy they adopted in January.
Ex-employee accuses VW of destroying evidence
A fired Volkswagen Group of America employee has filed a whistleblower lawsuit against the German automaker, accusing it of deleting documents and obstructing justice in the ongoing diesel emissions investigations.
China
China eyeing 'Tobin Tax' on currency trades
Sources say China's central bank has drafted rules for a tax on foreign-exchange transactions to help curb currency speculation
China wants migrant workers to end housing glut
Migrant workers are the unsung heroes of China's economic miracle. Now, as China's economy slows, the country's leaders have a new mission for them: Buy homes.
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Property Focus
Big impact awaited from new standards
New accounting standards are likely to affect how real estate deals are structured, experts say.
Shop sales show strong start to year
Small suburban stores continue to attract investors in 2016.
Investa manager rejects DEXUS offer
The $2.5 billion DEXUS Property takeover stoush for the listed Investa Office Fund is undervalued and should be rejected, according to the fund's current manager.
Investa Office Fund battle intensifies
Chatswood riding high on new leases
Residential developments from office conversion, infrastructure upgrades and the new metro rail project are creating a perfect storm of demand for commercial space in Sydney's northern suburbs.
Executive Style
Other ways to toast St Patrick's Day
It need not be about over-indulging in Guinness and dressing in green.
Money
Can Gen Y ever get ahead?
Kendall Sutton is a typical member of Gen Y. He'll start his career late, with a huge student debt and won't be able to buy his own home or start a family until his 30s.
Don't buy what your planner is selling
There's something rotten in financial services, and it's deeper, wider and more rotten than a single bank and its insurance business.
Small Business
Big win on effects test
Cabinet's approval of an effects test is set to transform competition law for small business.
'Want it now' shoppers put pressure on
Australian retailers face mounting pressure to lift their game as shoppers demand better products and faster delivery times.
Business Video
How Australia Post became delivery engine of the internet
Ahmed Fahour of Australia Post on the dramatic impact connectivity can have on traditional businesses.
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Comment & Analysis
Telstra's Andy Penn hires Nokia's burning man
Contains:
Lucy Turnbull to launch a Salvo
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Poorly trained, conflicted advisers must go
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