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Profit season calendar and results
Here is a list of dates Australian companies are reporting earnings results this month.
- Ciara Seccombe
Investors warn global rout may have not gone ‘far enough’
Goldman Sachs, JPMorgan Asset Management and Capitol Group warn that volatility in the market is likely to persist after Monday’s brutal sell-off.
- Joanne Tran
Why the market doesn’t believe the RBA on rates
Despite the surprisingly strong hawkish rhetoric from the Reserve Bank this week, bond traders (and some economists) aren’t buying it.
- Updated
- Cecile Lefort and Sarah Jones
ASX lifts as GPT shines, Rio slumps
Shares reverse early losses; Wall Street firms amid persisting volatility; shares in retailers and property lose steam; lower iron ore prices hit miners. Follow updates here.
- Updated
- Timothy Moore, Cecile Lefort, Joanne Tran, Joshua Peach and Sarah Jones
Hedge funds were busy buying the dip amid turmoil
As trillions of dollars were being erased from global equity markets on Monday as investors fled, some fast money was stepping back in.
- Natalia Kniazhevich
Chalmers disputes RBA; Rex sale looms; Why Harris chose Walz
Read everything that’s happened in the news so far today.
Opinion & Analysis
‘Safe harbour’ talk sends Mosaic Brands into rougher seas
The obvious question to ask here is: should the company have disclosed this fact? The less obvious answer is no, not under ASX continuous disclosure requirements.
Senior reporter
There’s ‘only one outcome’ that really matters, and it’s not Trump v Harris
Calmer markets mean investors are back to worrying about US politics and the Middle East conflict. But this leading strategist says both fears are overdone.
Columnist
RBA is in no place to comfort fearful investors
The reality of Australia’s inflation problem means Michele Bullock has little room to encourage investors’ flagging animal spirits.
Columnist
Battered investors get a breather, but where to next?
After a torrid night on Wall Street, it’s calmer on the ASX and positively giddy in Tokyo, giving investors a chance to consider their next move.
Columnist
Companies in the News
Regional Express Holdings
Macquarie Group
Commonwealth Bank
Westpac Banking Corporation
Woodside Energy Group
ASX Limited
Updated: Aug 7, 2024 – 4.42pm. Data is 20 mins delayed.
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View stories and data from an ASX listed company
Meet the Fundie
Lessons from 40 years of investing, from one value investor to another
Dougal Maple-Brown discusses his family’s decision to sell the famed Sydney boutique founded by his father, the late Robert Maple-Brown.
- Joshua Peach
Perennial prepares to unleash war chest on small caps
After a bruising few years for the money manager’s smaller companies fund, Andrew Smith is readying his team for the next big buy: the August reporting season.
- Sarah Jones
M&A arb fund Harvest Lane keeps a ‘blacklist’ of boards to avoid
Investor Luke Cummings has made a name for himself (and money) by trading M&A activity. But one deal that he’s steering clear of is the $8.8 billion Chemist Warehouse and Sigma merger.
- Joanne Tran
More From Today
- Opinion
- Insolvency
‘Safe harbour’ talk sends Mosaic Brands into rougher seas
The obvious question to ask here is: should the company have disclosed this fact? The less obvious answer is no, not under ASX continuous disclosure requirements.
- 1 hr ago
- Jemima Whyte
- Opinion
- Chanticleer
There’s ‘only one outcome’ that really matters, and it’s not Trump v Harris
Calmer markets mean investors are back to worrying about US politics and the Middle East conflict. But this leading strategist says both fears are overdone.
- James Thomson
ASX to slip, Wall St rises as dip buyers emerge after rout
Australian shares are set to open lower on late New York pullback. Meta, Nvidia pace tech. VIX falls below 27. US 10-year yield rises. Bitcoin bounces.
- Timothy Moore
Yesterday
- Opinion
- Chanticleer
RBA is in no place to comfort fearful investors
The reality of Australia’s inflation problem means Michele Bullock has little room to encourage investors’ flagging animal spirits.
- James Thomson
Traders don’t believe the RBA’s warning on rates
Bond markets are still wagering that the Reserve Bank will cut interest rates this year even as the central bank said it considered a rise on Tuesday.
- Cecile Lefort
ASX rebounds after global rout; Woodside shares tumble
Shares advance at the closing bell; US futures bounce back; Treasury Wine flags impairment; Coronado revenue slumps 10 per cent; Bullock says rate cut not on the agenda in 2024. Follow updates here.
- Timothy Moore, Joanne Tran, Joshua Peach, Cecile Lefort and Sarah Jones
Mosaic Brands in ‘safe harbour’; Deloitte in wings
Mosaic, whose brands include Katies, Millers, Noni B and Autograph, is understood to be working with Deloitte’s distressed advisory division, run by Sam Marsden.
- Sarah Thompson, Kanika Sood and Emma Rapaport
What is the yen carry trade, and why is it now melting markets?
Japan’s debt market has long been an anchor for global investors thanks to rock-bottom interest rates, but the unwinding of that lucrative trade is adding to the panic.
- Jessica Sier
‘Fears are overblown’: ASX steadies as recession panic eases
Australian shares were around 0.4 per cent higher, rebounding from the worst sell-off in more than four years.
- Joshua Peach
ASX swings; Rinehart’s Olympic cruise; Wall Street got off lightly
Read everything that’s happened in the news so far today.
- Opinion
- Chanticleer
Battered investors get a breather, but where to next?
After a torrid night on Wall Street, it’s calmer on the ASX and positively giddy in Tokyo, giving investors a chance to consider their next move.
- James Thomson
- Opinion
- Chanticleer
Wall Street’s night of fear could have been much worse
The sea of red on Wall Street on Monday night doesn’t tell the story of the outright panic that spread before the market opened.
- James Thomson
- Opinion
- Chanticleer
Five things investors need to watch next
Spotting the next shoe to drop in markets is never easy. But there are a few spots investors can look for signs of stress.
- James Thomson
US equities drop as buyers hold back
The pace of selling gathered momentum as the session progressed in New York, as moves to pare losses proved fleeting.
- Timothy Moore
This Month
- Opinion
- Chanticleer
Why the market’s favourite trades are blowing up
For most of the day it was just a nasty sell-off. But by the end of Monday’s brutal session on the ASX, it was clear something much worse was at play.
- James Thomson
ASX dives with no sector spared as recession fears trigger panic
The ASX 200 was steamrolled in the sharpest two-day sell-off since COVID-19 first roiled markets.
- Sarah Jones, Joanne Tran and Jessica Sier
ASX dives 3pc; CFMEU boss defiant; Citi boss jumps ship
Read everything that’s happened in the news so far today.
Traders bet on rapid rate cuts as recession fears deepen
Bond prices are soaring globally after weaker US jobs data rattled investors and prompted traders to dial up the need for urgent rate cuts in both the US and Australia to stem an economic downturn.
- Cecile Lefort
- Opinion
- Chanticleer
ASX investors have been caught out by a brutal bear panic
This isn’t just investors fretting about bad news. It’s investors fretting about bad news and panicking about the fact they are simply not positioned for it.
- James Thomson
Irrigation automation biz Rubicon in raise; ex UBS boss climbs to 19.9pc
Three years on from its heavily backed float, shares have sunk from $1 to 32¢ and Rubicon is rattling the tin to repair its balance sheet.
- Sarah Thompson, Kanika Sood and Emma Rapaport
