At the closing bell, the S&P/ASX 200 was 0.06 per cent lower at 7,314.3. The central bank’s September policy meeting resulted in no changes to the cash rate target or the interest rate paid on Exchange Settlement balances, maintaining them at 4.10% and 4.00% respectively. Over the past year, interest rates have been raised by […]
ASX closes 0.06% lower as RBA holds rates Read More »
05 Sep 2023 – The S&P/ASX 200 is trading 0.38 per cent lower at 7,291.30.
The S&P/ASX 200 is trading 0.38 per cent lower at 7,291.30. Futures The SPI futures are down 32 points. Best and worst performers The best-performing sector is Health Care, up 0.3 per cent. The worst-performing sector is Utilities, down 1.19 per cent. The best-performing large cap is IGO (ASX:IGO), trading 2.07 per cent higher at
The article provides an overview of the Mining Council of Australia’s (MCA) Future Critical report 2023. Australia is now grappling with an urgent challenge that could shape its economic future. As global markets shift towards cleaner energy solutions and high-tech industries, Australia’s mineral resources have the potential to be a cornerstone of its prosperity. However, the
The crossroads of Australian mining investment Read More »
05 Sep 2023 – A snapshot of the stocks on the move, featuring Empire Energy (ASX:EEG), INOVIQ (ASX:IIQ) and Southern Cross Gold (ASX:SXG).
Stocks of the Hour: Empire Energy, INOVIQ, Southern Cross Gold Read More »
Qantas (ASX:QAN) announced on Tuesday morning that Vanessa Hudson will take over as the new CEO, effective from Wednesday, after current CEO Alan Joyce decided to hasten his retirement by two months. The unexpected announcement comes after days of criticism directed at the company, its airlines, and Joyce himself, due to a range of issues.
Qantas appoints new CEO Vanessa Hudson following early retirement of Alan Joyce Read More »
Empire Energy (ASX:EEG) has announced increased flow rates at their C-3H Project. In response, Managing Director Alex Underwood commented, “The technical learning that is occurring is rapidly building our understanding of how to develop the Beetaloo’s Velkerri Shale. We believe that this will have positive implications for the productivity of future development wells.” Shares are
Stocks of the Hour: Empire Energy, INOVIQ, Southern Cross Gold Read More »
The drop in commodity prices, such as LNG and coal, has led to a decline in Australia’s current account surplus for the three months ending in June. The Australian Bureau of Statistics reports that the surplus decreased by $4.8 billion to $7.7 billion in seasonally adjusted terms. This decline was primarily driven by a decrease
ASX down 0.51% at noon as commodity prices weigh on exports Read More »
