Australia’s sharemarket finished in the red on Friday as consumer discretionary and financials continued to weigh on the local market.
Cameron Micallef
Guzman Y Gomez’s popular $8 breakfast burrito has once again been credited for driving sales growth in Australia, but cracking a heavily-saturated market in the US is proving a challenge.
Cheyanne Enciso
AustralianSuper hit with a $27 million fine for failing 90,000-plus members as ASIC vows to maintain vigil.
Neale Prior
This week’s Bulls N’ Bears ASX Runner of the Week is… West Cobar Metals. The company’s share price shot up on outstanding antimony leach results from its Bulla Park copper-antimony project in NSW.
Andrew Todd
Telstra downgraded the upload speeds for thousands of its Belong NBN customers without telling them or lowering the price.
Frustrated Aussie savers have been urged to get one up on banks who have left them in the dark by doing one thing.
Treasurer Jim Chalmers says he won’t ‘second-guess’ the decisions made by the Reserve Bank of Australia despite previously saying they were ‘hammering’ working families.
Jessica Page
A key government minister popping up at mass citizenship ceremonies is “suspicious”, political opponents say.
Blair Jackson
US online property giant CoStar has lobbed a multibillion-dollar bid to buy out all of Nine Entertainment-controlled Domain Group.
Daniel Newell
Reserve Bank Governor Michele Bullock has scotched suggestions that this week’s interest rate cut was a “lay-down misere” as a result of Government pressure.
Jackson Hewett
Monadelphous has added approximately $400 million to its project pipeline just three days after warning investors that the pace of new work being awarded was showing signs of slowing.
Adrian Rauso
A case of Murray Valley encephalitis has been confirmed in Karratha, prompting renewed health warnings about mosquito-borne diseases in the Pilbara and Kimberley regions.
Katya Minns
AI-driven optimism in China has helped boost shares in Asian markets, while gold is set to extend its gains for an eighth straight week.
Rae Wee
The ASX has recorded its worst weekly loss in more than two years, while the Australian dollar reached a two-month high.
Derek Rose
US-focused naval shipbuilder Austal is not seeing any pushback from Donald Trump’s new administration but has called out a potential hit from his aluminium tariffs.
Sean Smith
A fast-growing Australian food chain has revealed its best selling item as it announced a $7.3 million profit for the first half of this financial year.
A mix up between two local energy heavyweights in the wake of a $1.8 billion deal has enabled Fortescue to stake ground across WA’s north after a ‘torturous’ legal fight.
A Federal court judge has fined AustralianSuper $27 million after it admitted to contravening the Superannuation Act over members’ duplicate accounts.
Tara Cosoleto
Donald Trump’s trade war will slow Australia’s economy, RBA boss Michele Bullock says, but the impact on inflation remains unclear.
Matt Mckenzie
Australia’s biggest superannuation fund has been fined $27m for charging duplicate fees to tens of thousands of customers.
A stoush is brewing over Australia's lowest-paid workers as the federal government fights a proposal to wind back penalty rates.
Kat Wong
Not going to lie, that was a tough one. But together, we made it through. Pats on the back all round. The first mega week of reporting season is almost done.
Parliamentarians will question Reserve Bank officials on their decision to cut interest rates, remove card surcharges and their stance on cryptocurrency.
Max Corstorphan
RBA governor Michele Bullock will face a three-hour grilling by politicians following the central bank’s first rate cut in four years.
Jessica Wang
