April 19, 2024

Australian shares are on course for their seventh decline in eight sessions amid investor preference for higher bond yields and gold due to concerns about persistent inflation. Despite steady US jobless figures and positive economic reports, Federal Reserve members have indicated no immediate need for rate cuts, contributing to the S&P 500’s modest 0.2% drop, […]

The following transcript was AI-generated. Manny Anton: Good morning, and welcome to this week’s edition of Winston’s Weekly, covering all things property. I’m Manny Anton your host for today’s property chat. Winston, as always, thank you for your time. Winston Sammut: It’s a pleasure. Manny Anton: Alright. let’s get let’s start with the US, as usual.

Woodside Energy (ASX:WDS) has had a slow start to its 2024 financial year, with weak production and product mix resulting in a double-digit drop in revenue for the three months to March. The company informed the ASX on Friday that quarterly production fell by 7% from the final quarter of 2023 to 44.9 million barrels