It was a savage day for ASX darlings
A savage day for market darlings shows even the fastest-growing stocks are no match for unrestrained market optimism when valuations are tested.
A savage day for market darlings shows even the fastest-growing stocks are no match for unrestrained market optimism when valuations are tested.
The IMF sees little evidence of a housing glut and predicts a soft landing for house prices, despite the market being overvalued.
The winds of change blowing through Australia's funds management industry have claimed their biggest victims.
A2 Milk Company has struck a sweeping deal with New Zealand's Fonterra further validating the branded milk minnow as a major player.
Rich Lister Alex Waislitz has offered to broker a peace deal between Fairfax and Domain regarding the departed Anthony Catalano
Bell Financial Group appears to have shrugged off several run-ins with the corporate regulator, enjoying a bumper start to 2018.
After eights years of delays and uncertainty, Indian energy giant Adani is approaching crunch time on its controversial $16.5b Carmichael coal mine.
BHP has stopped short of promising that proceeds from its US shale sale will flow directly back to shareholders, and indicated its next Australian iron ore mine will cost more than previously expected.
The CEO of Cleanaway says the throughput is higher than it expected in the Container Deposit Scheme in NSW despite the ''political argy-bargy''.
How today's earnings from Wesfarmers, A2 Milk, Coca-Cola Amatil, Santos and Fortescue unfolded.
Coca-Cola Amatil is aiming to restore profit growth in its Australian beverages business by throwing its weight behind Brand Coke and Mt Franklin rather than developing new products and categories.
Twenty-year National Australia Bank veteran Steve Lambert has resigned, sources told Street Talk on Wednesday.
Australian shares scraped into the black, after a push-pull session where earnings drew extreme but contrasting reactions from investors.
Myer, Harvery Norman and JB Hi-Fi should take stock of Walmart's latest earnings release as they gird themselves for what looks like a life and death struggle with Amazon.
The RBA is being urged by the IMF to send overt signals about the likely future path for official interest rates to help prepare households and avoid market shakeouts.
The ASX ended with marginal gains as investors welcomed earnings from A2, Wesfarmers and Seven.
Myer, Harvery Norman and JB Hi-Fi should take stock of Walmart's latest earnings release as they gird themselves for what looks like a life-and-death struggle with Amazon.
There was enough to give Wesfarmers CEO Rob Scott hope that Coles' rearguard action against Woolworths is starting to work.
Malcolm Turnbull may be relieved to be temporarily escaping the Barnaby Joyce affair, but sex and intrigue also await him in Washington.
Is Vocus about to be Australia's next case study in aggressive shareholder activism, straight out of the Bellamy's playbook?
Peter Dutton is considering cutting red tape for 'trusted' employers wanting to hire foreign workers as he flagged the prospect of tighter anti-terror laws.
The IMF has cast fresh doubt over the government's wage growth forecasts and again called for more ambitious tax reform.
Malcolm Turnbull may be relieved to be temporarily escaping the Barnaby Joyce affair, but sex and intrigue also await him in Washington.
Wages growth has delivered a modest upside surprise, accelerating above 2 per cent for the first time in 18 months.
Treasurer Scott Morrison says Tony Abbott's plan to cut permanent migration to Australia would cost the budget as much as $5 billion over four years.
The Syrian government, backed by its Russian and Iranian allies, is making clear its determination to reduce its losses.
The US President ordered the Justice Department to issue regulations banning bump stocks, which convert semi-automatic guns into automatic weapons.
The Maduro administration hopes that sales of the digital currency, known as the petro, will help its treasury raise the foreign currency it desperately needs to pay off debt and increase imports.
US semiconductor company Qualcomm has agreed on a $US44 billion bid to acquire NXP Semiconductors, fighting off Broadcom's hostile takeover.
The UK will have a trade relationship with the EU similar to Canada's. It will relate to the EU in a way not dissimilar to Canada's relationship with the US.
Steadfast says insurers don't like its inhouse broker trading platform, which forces them to bid for policies against competitors.
The tax agent who advised a man to claim his 7-year-old son as a work expense has struck again. This time, he tried to claim $10,000 in overtime meals.
The electrical equipment giant's earnings are almost the highest in a decade, one of the reasons Fat Prophets rates it a global stock pick.
Paul Keating may be the person who most inspired Chris Bowen's political career, yet the person he is sometimes compared to is Keating's arch nemesis, John Howard.
NAB has been slammed for taking the "lazy option" of cutting 6000 jobs and hiring 2000 people in order to please investors, rather than retraining its existing workforce.
Kimbal Musk plans to raffle off his personal Model 3, the sixth ever built, with tickets starting at $10.
Consulting contracts worth $200 million "magically disappeared" from a federal database after an audit report highlighted an alarming growth in the use of external advisory firms throughout the public service.
Meet the pastry chef using a 3D printer instead of a rolling pin.
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