AAP Finance

Powerwrap begins trading under IPO price

Shares in Melbourne-based wealth management platform Powerwrap have begun trading on the ASX, down 10% from their IPO price.

AAP Newswire

11 hours ago

Finance

ETS could help sort energy mess: English

Former NZ Prime Minister Sir Bill English says Australia should end its political impasse on climate change and consider a carbon price metric.

AAP Newswire

11 hours ago

Finance

Spurious litigation helps no-one: ASIC

ASIC says neither consumers or regulators will benefit if spurious ‘for the sake of it’ investigations become a feature of the post-royal commission.

AAP Newswire

14 hours ago

Finance

Spurious litigation helps no-one: ASIC

ASIC says neither consumers or regulators will benefit if spurious ‘for the sake of it’ investigations become a feature of the post-royal commission.

AAP Newswire

14 hours ago

Finance

Aristocrat lifts HY profit 15% to $356.5m

Aristocrat Leisure has lifted first-half profit 15 per cent to $356.5 million, helped by what the gaming giant says was an improved domestic performance.

AAP Newswire

14 hours ago

Finance

ACCC takes Kogan to court over ads

The ACCC has taken online retailer Kogan to court over allegedly misleading advertisements.

AAP Newswire

14 hours ago

Finance

Reject Shop CEO out after profit warning

The Reject Shop says it will close down seven of its stores by the end of June as it warned of a likely loss for the 2019 financial year.

AAP Newswire

16 hours ago

Finance

Wesfarmers’ $776m Kidman bid to go to vote

Kidman Resources shareholders will vote on Wesfarmers’ $776 million takeover offer in August after the companies entered into a scheme implementation deed.

AAP Newswire

16 hours ago

Finance

Drought ‘new norm’ for Aus dairy: Fonterra

NZ dairy giant Fonterra has cut its full-year guidance and will close a century-old factory in western Victoria amid ongoing drought conditions.

AAP Newswire

16 hours ago

Finance

ASX expected to dip at start of trade

The futures market is pointing to a dip in the ASX at the start of trade.

AAP Newswire

18 hours ago

Finance

BHP foresees phase-out of energy coal

BHP believes energy coal could be phased out “potentially sooner than expected,“ but still sees oil as an attractive asset.

AAP Newswire

22 May 2019

Finance

Telstra selling Aust’s first 5G devices

Telstra has begun selling Australia’s first 5G device online, with a Samsung phone available in stores from Tuesday.

AAP Newswire

22 May 2019

Finance

APRA flags tougher capital requirements

APRA may impose additional capital requirements on some financial institutions after finding risk assessment abilities are not up to scratch.

AAP Newswire

22 May 2019

Finance

Construction work falls 1.9% in March qtr

Construction work done across Australia fell by 1.9 per cent in the March quarter, dragged down by engineering and residential sectors.

AAP Newswire

22 May 2019

Finance

Healthscope shareholders approve buyout

Healthscope shareholders have approved the hospital company’s acquisition by Brookfield Asset Management.

AAP Newswire

22 May 2019

Finance

Fortescue green lights $417m Pilbara mine

Fortescue will spend about $417 million to develop the Queens Valley mining area in the Pilbara as part of a plan to boost margins through higher grade product.

AAP Newswire

22 May 2019