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Markets Live: Investors cheer Woolies results

Shares manage to end the day higher, mostly thanks to a stand-out performance from Woolies on a busy day of profit reports, while the Aussie inches up despite some disappointing economic data.

  • Canberra sells $11 billion of notes maturing in November 2028, its biggest-ever bond transaction
  • Wage growth remains stuck at record low, while construction work done unexpectedly slips in Q4
  • Woolworths slashes its dividend but investors get the sniff of a turnaround
  • Coca-Cola Amatil is closing a South Australian bottling plants, with jobs to go
  • RBA's governor in a speech sounds alarm on household debt level
  • Fortescue has rounded off the big miners' bonanza reporting season by lifting its dividend
  • For all of today's earnings, here's the AFR's reporting season blog

Fairfax Media Australia

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