'Disaster averted': Aussie hits one-month high on GDP data
The Australian dollar hit a one-month high on Wednesday as economists breathed a sigh of relief following the release of weak but as-expected first-quarter GDP growth figures.
ELMO to make $108m tech debut on ASX
The biggest tech IPO so far this year is not a start-up, but a 15-year-old software company that has ruled out being the next Atlassian any time soon.
Gold heads for $US1300 as risk flares
The metal has rallied to the highest since November.
A great result for the economy?
It says something about the current environment when news the economy is growing at its slowest rate since the third quarter of 2009 is considered a good result.
Wesfarmers slide keeps ASX in red
Shares were buoyed by slightly better-than-expected economic growth, but a slide in Wesfarmers still kept the market down.
Markets Live: Shares rebound as GDP hits mark
Shares recover their early losses to trade flat and the Australian dollar heads higher on GDP numbers that didn't disappoint, but Wesfarmers...
The hidden dangers of some passive funds
Investors who put their money in exchange traded funds that lack sufficient market buyers and sellers could be forced to dig into gains when...
Qatari solid, but banks look exposed
Despite this week's ructions, Qatar retains a lower borrowing rate than neighbouring Saudi Arabia, Egypt and Bahrain.
'I don't take growth for granted'
Treasurer Scott Morrison said he did not "take growth for granted" as the economy slowed sharply in the first quarter, to 0.3 per cent, as r...
Macquarie runs numbers on franking balances
It's getting to that time of year when fast money fund managers and trading desks go looking for reporting season surprises.
