October 2025

Westpac’s chief economist, Luci Ellis, has indicated that the higher-than-expected September quarterly inflation figures will likely cause the Reserve Bank of Australia to hold interest rates steady in the upcoming meeting. This decision delays the prospect of rate reductions, potentially pushing them further into next year, or even 2025. Westpac is one of Australia’s largest […]

ASX executive Clive Triance, who leads the securities and payments division, will depart the company in June. This marks the fifth executive change within the market operator in the last 18 months. The Australian Securities Exchange (ASX) operates as a market operator, clearing house, and payments system facilitator. It provides listing, trading, clearing, and settlement

The Australian dollar surged to a four-week peak of US66.07¢ following a surprisingly high quarterly inflation report. The robust data led bond traders to significantly reduce their expectations of further interest rate cuts this year. Current market pricing indicates only a slim 4 per cent probability of an easing at the upcoming Reserve Bank policy

Woolworths Group’s September quarter results indicate muted growth, with first-quarter sales reaching $18.48 billion. While this figure slightly surpassed RBC Capital Markets’ estimates, it fell short of consensus expectations. According to RBC Capital Markets analyst Michael Toner, Australian food comparable sales increased by 1.6 per cent, exceeding RBC’s forecast of 1.5 per cent but trailing

Australian shares dropped following the release of higher-than-expected CPI figures. Core inflation edged up to 1 per cent in the third quarter, surpassing forecasts. Meanwhile, several of the nation’s largest construction firms, including Hutchies, Richard Crookes, BuildCorp, and Kane, have reported improved full-year earnings, signalling a return to pre-downturn profit levels. In retail news, Woolworths

Data#3 shares experienced a surge of 5.8 per cent in morning trade following an updated profit guidance. According to Morgans analyst Nick Harris, Data#3 has projected a first-half profit before tax of $32 to $34 million. This figure modestly surpasses analyst forecasts, with the midpoint reflecting a 1 per cent increase compared to the previous