Business News
Aussie steel workers’ jobs in limbo
CHRISTOPHER Pyne has called on state governments to help embattled Australian steel company Arrium — as around 7000 jobs are at risk.
Dick Smith gift card catastrophe
HOW’S this for unlucky? A woman holding $3600 in now worthless Dick Smith gift cards has received even more bad news.
Westpac shares hit by rate rigging claims
WESTPAC shares have dropped more than 1.5 per cent today after it became the second Australian bank targeted in legal action from ASIC over alleged rate rigging.
$1500 stamp duty bonus for households
HOUSEHOLDS would be $1500 a year better off if stamp duty was abolished, a KPMG study has found
Westpac invests in best and brightest
WESTPAC has doubled down on its $100 million education foundation, announcing another fund to grow and support businesses worth $10 million supported by some of the brightest brains in corporate Australia.
Australian Market Data at 07:50PM
Index / Security | Price | Change | Percent |
---|---|---|---|
All Ords | 5018.0 | -24.30 | -0.48% |
S&P;/ASX 50 | 4913.9 | -27.50 | -0.56% |
ASX200 | 4937.6 | -26.50 | -0.53% |
S&P;/ASX 300 | 4902.6 | -25.40 | -0.52% |
S&P;/ASX MidCap | 5115.7 | -26.30 | -0.51% |
S&P;/ASX Small Orders | 2139.4 | -4.20 | -0.20% |
S&P;/ASX 20 | 2827.6 | -21.70 | -0.76% |
S&P;/ASX 100 | 4083.8 | -22.70 | -0.55% |
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Arrium collapses into administration
STEEL and mining group Arrium has collapsed into administration after failing to secure a funding deal with its bankers.
Windies blamed for Nine’s woes
SHANE Warne is not the only one with a West Indies problem. Channel Nine has had a shocking quarter — and is blaming the underperforming Test side.
Slack launches Asian expansion from Melbourne
Silicon Valley tech darling Slack says it will use its new Melbourne base to push into the Asia Pacific region.
Origin Energy and solar a power couple
ORIGIN Energy shares have lit up after the company signed its first solar farm deal and reaffirmed its cost-cutting targets.
Commodities
Name | Price | Change | Percent |
---|---|---|---|
Gold | 1235.8 | -6.7 | -0.54% |
Oil | 37.26 | -0.49 | -1.3% |
Lead | 1695.75 | -8.0 | -0.47% |
Copper | 4665.5 | -139.0 | -2.89% |
Aussie jumps on shock NZ rate cut
The Australian dollar is stronger against the kiwi after New Zealand’s central bank delivered a shock interest rate cut.
ASX 200 at 04:40PM
Code | Name | Price | Percent |
---|---|---|---|
PLS | Pilbara Mineral.. | 0.605 | 22.2222% |
GXY | Galaxy Resource.. | 0.32 | 10.3448% |
TBR | Tribune Resourc.. | 5.0 | 9.6491% |
TNG | TNG Limited | 0.135 | -15.625% |
CZA | Coal Of Africa .. | 0.04 | -11.1111% |
GZL | Gazal Corporati.. | 2.2 | -8.3333% |