Today
Shares eye record high on rate cut bets; WiseTech tops $100
Shares post best day in 2024. Economy adds 38,500 jobs on surging immigration. Bond yields retreat. Copper, gold, bitcoin rally. Follow here.
- Timothy Moore, Tom Richardson, Joshua Peach, Sarah Jones, Alex Gluyas and Cecile Lefort
Yesterday
ASX closes higher; BHP, miners advance, Santos to cut 200 jobs
Shares end higher after budget as BHP jumps; AACo swings to a loss; Iress reveals data leak; CSR hit by energy costs; Q1 wages cool more than expected.
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- Timothy Moore, Joshua Peach, Sarah Jones, Alex Gluyas and Cecile Lefort
This Month
ASX closes lower ahead of federal budget; critical mineral miners jump
Australian edged down in quiet session ahead of federal budget. Energy and real estate stocks fall. Budget at 7.30pm. US producer prices ahead.
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- Timothy Moore, Joshua Peach, Sarah Jones, Alex Gluyas and Cecile Lefort
ASX closes flat, Fletcher, Lendlease drop
Shares flat; Fletcher hit by weak housing market; Lendlease disputes ATO claims; Iress in security breach; ANZ investigated by ASIC. Follow updates here.
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- Timothy Moore, Cecile Lefort, Alex Gluyas, Sarah Jones and Joshua Peach
Energy pushes ASX higher, Life360 falters
Shares lift; Suncorp homeloans up; QBE premium increases help results; Helia in $100 million share buyback, Upbeat outlook for St Barbara. Follow updates here.
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- Timothy Moore, Cecile Lefort, Joanne Tran, Sarah Jones and Joshua Peach
Shares fall; Baby Bunting crashes, retailers dive, banks drop
Shares slip 1.1pc. Retail worries mount on multiple trading updates. CBA’s profit slips 5pc, consumer debts creep higher. Westfield lifts investment after Bondi attack. Follow here.
- Timothy Moore, Tom Richardson, Cecile Lefort, Sarah Jones and Joanne Tran
Shares flat; Perpetual shares sink on KKR deal, Pinnacle jumps
Shares pare gains. ANZ sticks to Nov rate cut call. Dow rises for five straight days. Goodman lifts guidance. IPH lobs Qantm takeover bid. Leo Lithium sells $US343m tenement stake. Follow here.
- Timothy Moore, Tom Richardson, Sarah Jones, Joanne Tran and Cecile Lefort
ASX has best day in three months on RBA rate call; banks rally
Shares jump 1.4 per cent at the closing bell as CBA climbs; Reserve Bank revises inflation forecast; ANZ records 7 per cent cash profit decline in first half results. Copper breaches $US10,000. Follow updates here.
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- Timothy Moore, Joanne Tran, Cecile Lefort and Sarah Jones
ASX rises ahead of RBA cash rate decision; Westpac rallies
Real estate and technology stocks push shares higher; Qantas agrees to pay $120 million to resolve ACCC dispute; Westpac announces $1 billion buyback; GrainCorp downgrades profit guidance. Follow here for more.
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- Joanne Tran, Cecile Lefort and Sarah Jones
ASX climbs a tech share rally; Pro Medicus hits record
Miners, tech lift shares 0.4pc. Afterpay grows sales 25pc. New car sales hit record in April. Apple lifts dividend, buyback to record $US110b. Follow here.
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- Tom Richardson, Natasha Rudra, Sarah Jones, Cecile Lefort, Joshua Peach and Joanne Tran
NAB result boosts banks; Woolworths, Bapcor, Block sink
Shares rise. Sequoia Financial rebels demand CEO exit. NAB declares flat dividend. Woolworths says food prices largely flat, shares sink. Bapcor crashes. Fed says rate rise unlikely. Follow here.
- Natasha Rudra, Tom Richardson, Sarah Jones, Joshua Peach, Cecile Lefort and Joanne Tran
ASX down 1.2pc as all sectors sell off; Qantas shares fall
Shares decline at the closing bell after US data spooks Wall Street; Rabobank expects two RBA rises this year; Qantas app breached, airline investigating cause. Follow here for more
- Joanne Tran, Cecile Lefort, Joshua Peach and Sarah Jones
April
ASX closes up; worst day for Worley since 2021
Shares firm; retail sales disappoint; $A slips; Sidara sale sinks Worley; BHP confirms $38b settlement; Origin gas revenue falls; Coles sales up. Follow updates here.
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- Cecile Lefort, Joshua Peach, Joanne Tran and Sarah Jones
ASX bounces as real estate, tech rally; First Quantum mothballs mine
Shares close higher. Perpetual confirms exclusive talks with KKR. Tech stocks rise ahead of Apple and Amazon earnings. Follow here for more
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- Joshua Peach, Sarah Jones, Cecile Lefort, Joanne Tran and Alex Gluyas
Shares sink; Anglo American rejects BHP’s ‘opportunistic’ proposal
Shares fall 1.2pc as rate cut hopes dim. BHP sinks on Anglo American deal. ResMed beats on profits. Wall Street lower on US GDP slowdown. Follow here.
- Tom Richardson, Natasha Rudra, Cecile Lefort, Joanne Tran and Alex Gluyas
ASX trims gains after robust CPI; Perpetual drops
Shares flat at the closing bell; $A, bond yields jump as CPI data beat forecasts; Cleanaway denies speculation about Seven takeover offer; Perpetual books $5.2b in net outflows. Follow here for more.
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- Joanne Tran, Natasha Rudra, Alex Gluyas, Cecile Lefort and Joshua Peach
Tech lifts ASX, Brambles sinks
Shares gain; Northern Star output misses forecasts; Westpac flags $164m hit; Brambles sales up; First Sentier shuts credit funds; Seven ups Boral stake. Follow updates here.
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- Natasha Rudra, Cecile Lefort, Joshua Peach and Joanne Tran
Health care and bank stocks buoy ASX; Star extends decline
Shares end higher after Israel-Iran tensions fail to escalate; Cettire slumps after news that hedge fund LHC exited its position; Star shares continue to fall. Follow here for more.
- Andrew Hobbs, Alex Gluyas, Tom Richardson, Joanne Tran, Joshua Peach, Cecile Lefort and Sarah Jones
Shares, $A sink; gold, oil, bonds jump on Israeli strikes
Reports of Israeli airstrikes in Iran prompt investors to dump shares, buy gold, oil, bonds. Japan inflation falls to 2.7pc. US equity futures turn lower. Follow here.
- Alex Gluyas, Tom Richardson, Andrew Hobbs, Joanne Tran, Joshua Peach, Sarah Jones and Cecile Lefort
Shares snap losing streak; iron ore jumps, jobless rate rises
ABS says labour market still relatively tight. Shares add 0.4pc. Iron ore prices jump. Copper higher. Challenger upgrades guidance. Wall Street falls. Follow the latest here.
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- Andrew Hobbs, Joshua Peach, Joanne Tran, Cecile Lefort, Tom Richardson, Sarah Jones and Alex Gluyas
