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The Latest Breaking News from ASX

WiseTech profit soars after deal and acquisition flurry

Logistics software company WiseTech Global announced a solid jump in profits, after a string of acquisitions and new contracts boosted revenue.

AAP

ASX eases amid interest rate uncertainty, Star plunges on $1.6 billion write-down threat — as it happened

The ASX ends lower on a raft of mixed earnings reports from JB Hi-Fi, Aurizon, IAG, Endeavour and others, while casino operator Star plunges on a write-down warning.

ABC News

Transurban CEO steps down after 11 years at the wheel

As toll road operator Transurban released record earnings results, CEO Scott Charlton says he will step down from the role he has held for almost 11 years.

AAP

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Downer EDI chosen to make 65 trains in regional Qld

Downer EDI is the preferred supplier of 65 new Queensland trains at a new hub in the city of Maryborough with a contract to be signed next month.

AAP

ASX drug companies applaud TGA's psychedelic ruling

Shares in Little Green Pharma and Emyria are up by more than 40 per cent as both announce plans to take advantage of Australia's "world-leading" drug decision.

AAP

ASX slips despite Newcrest takeover boost as traders worry about interest rate rises — as it happened

The ASX followed Wall Street's interest-rate-inspired decline, despite receiving a big boost from takeover target Newcrest. See how the day's events unfolded with insights from our business reporters and market experts.

ABC News

Qantas boss apologises for 'routinely letting customers down' as ASX continues to rise — as it happened

Qantas boss Alan Joyce apologises for "routinely letting customers down" as Europe's two central banks hike their version of the cash rate, with the Reserve Bank of Australia expected to follow next week.

ABC News

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ASX closes up, Flight Centre lifts and shock CEO exits — as it happened

The Australian share markets close up 0.3 per cent. Catch up on the day's events and insights from our business reporters on the ABC News live markets blog.

ABC News

Virgin mulls ASX return after Ukraine and rates weigh on share market floats in 2022

Airline Virgin Australia is one high-profile name that could kick-start the Australian share market in 2023, after last year proved to be dismal for public listings.

ABC News

Myer sales near two-decade high after department store posts strong Christmas

Myer has become the latest major retailer to report a bumper Christmas trade, revealing its strongest sales figures in nearly two decades.

The New Daily

Elon Musk testifies Saudis backpedalled from Tesla deal, ASX hits nine-month high

Investors are still feeling very optimistic as the Australian share market has risen to its highest level since April, while Elon Musk has taken the witness stand for a second day to defend against allegations that he misled Tesla investors.

ABC News

Energy Minister Chris Bowen says price cap is having an impact on reducing energy prices

Energy Minister Chris Bowen defends the government's energy relief plan, issuing new figures that show a drop in forecast wholesale electricity prices for 2023.

ABC News

Duxton Farms leases Mountain Valley Station in Central Arnhem Land, plans to grow cotton

Duxton Farms signs a five-year lease on the 141,000-hectare Mountain Valley Station with plans to trial dryland cotton among other broadacre crops.

ABC News

Yen slumps, Nikkei surges as Bank of Japan digs in on bond buying; ASX treads water — as it happened

The ASX went nowhere, while Japan's Nikkei stock index surged and the yen got crunched after the country's central bank defied markets to maintain its current bond buying program. Look back on our live coverage of the trading day.

ABC News

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ABC News

ASX rises as Wall Street soars, home values record the largest decline in recent memory — as it happened

A rally on Wall Street has sent Australian stocks higher, while property values in the country have recorded the biggest fall in recent memory.

ABC News

ASX closes higher in second last trading day before Christmas

With just one trading session left before Christmas, the S&P/ASX 200 Index added 0.5 per cent to 7152.5 points on Thursday.

ABC News

Domain loses 9 per cent in value, as share market suffers more losses — as it happened

Australian shares suffer losses for fourth straight day

AAP

Complaint to ASX over Santos remarks

Environmentalists have complained to the Australian stock exchange and corporate watchdog about gas producer Santos and its comments about an NT gas project.

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AAP

Westpac walks away from Tyro Payments

Westpac says it won't make an offer for Tyro Payments, which has also rejected a bid from Potentia Capital Management.

ABC News

The editorial questions ABC News journalists faced when covering the Medibank data leak

As hackers held Medibank to ransom, ABC News journalists wrestled with how to cover the story without giving the perpetrators what they wanted: publicity.

AAP

Star Qld hit with record $100m fine

The Queensland government has fined Star Entertainment a record $100 million and appointed a special manager to rehabilitate the casino operator.

ABC News

Australian share market follows Wall Street down, Downer plunges 20pc on earnings overstatement — as it happened

A fall on Wall Street has sent Australian stocks lower, while oil prices fall to their lowest since January.

ABC News

ASX falls as GDP misses expectations, Chinese exports shrink, AUSTRAC sues Skycity — as it happened

A broad-based sell-off on Wall Street overnight has sent Australian stocks lower, while the third quarter GDP data misses expectations.

ABC News

ASX falls as RBA lifts interest rates, ABS records high income deficit — as it happened

A fall on Wall Street has sent Australian stocks lower, while the Reserve Bank of Australia lifts interest rates by 0.25 of a percentage point, taking the cash rate target to 3.1 per cent.

AAP

Australian Stock Exchange chair apologises

The head of the Australian Stock Exchange has issued a public apology over the botched rollout of a multi-million dollar upgrade.

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