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Medibank (ASX:MPL) today announced its plan to distribute an additional $125m to its customers as part of the company’s comprehensive COVID-19 support package and give-back program. This new allocation brings the total amount of support provided to customers since the beginning of the pandemic to an impressive $1.15bn. Under the “cash-back” scheme, Medibank and ahm […]

ASX has responded to recent claims regarding the selection of a replacement for the Clearing House Electronic Subregister System (CHESS), stating that “no decision has been taken” yet. The clarification came in a letter to the chair of the Parliamentary Joint Committee on Corporations and Financial Services, following allegations made by Labor Senator Deborah O’Neill,

The S&P 500 was little changed Wednesday as traders pored over the latest commentary on the pace of future monetary policy from Federal Reserve Chair Jerome Powell. Powell spoke before a panel with Bank of England Governor Andrew Bailey, European Central Bank President Christine Lagarde and Bank of Japan Governor Kazuo Ueda at the ECB

Australian shares experienced a significant rally on Wednesday as the country’s annual inflation rate unexpectedly slowed to a 13-month low. This development raised hopes that the Reserve Bank of Australia would maintain interest rates at 4.1%. The S&P/ASX 200 surged by 1.1% or 78.3 points, marking its largest daily gain since April. Likewise, the All

Carolyn Rebeiro from Mining.com.au sits down with ABx Group Limited (ASX:ABX) Managing Director and CEO Dr Mark Cooksey and Corporate Connect Senior Equities Analyst Richard Close for an in-depth look at the company and its value proposition.  

Retailer Harvey Norman, led by billionaire Gerry Harvey, has issued a warning of a significant drop in annual earnings for 2023. The company expects a decline of around 30% as consumer sales wane. Harvey Norman, a renowned consumer electronics, bedding, furniture, and whitegoods retailer, released a trading update on Wednesday. Based on trading performance over

Centuria Office REIT (ASX:COF) has announced significant developments, including a successful $225 million debt refinancing initiative and the exchange of a sales contract for the divestment of a non-core property. These moves are expected to enhance COF’s financial position and optimise its portfolio composition. The $225 million debt refinancing involved the refinancing of $175 million

In a positive turn of events, Australia has witnessed the smallest increase in inflation in over a year. This development could potentially influence the Reserve Bank’s decision to maintain interest rates when it convenes on Tuesday. According to the Australian Bureau of Statistics, the monthly Consumer Price Index (CPI) indicator rose by 5.6 per cent