ASX to open flat as trade war worries grow
Concerns over the US-China trade war has set the Australian share market up for a weak start to trading on Monday following falls in US markets.
Flexible office provider Victory Offices has begun trading on the ASX after raising $30 million in an initial public offering.
A NAB prediction that Australia’s central bank will cut interest rates twice more this year to hit 0.75 per cent coincided with a slump in the local currency.
Pipe manufacturer Tubi has begun trading on the ASX with a 45 per cent surge on its initial offering price of 20 cents.
Seven West Media and struggling graphite miner Syrah Resources are set to slip from the benchmark S&P/ASX200.
McGrath expects an FY19 earnings loss of between $6 million to $6.5 million amid headwinds across the nation’s housing market.
Village Roadshow has announced chairman Robert Kirby will stand down, while his son Clark Kirby will replace current CEO Graham Burke in January.
Stockland shares are down 2.7% after the property developer said that defaults have risen and sales remain low.
Expedia Group says that guest ratings have become more important than brand names as guests book a hotel room.
Australia’s unemployment rate has remained at a seasonally adjusted 5.2 per cent for May, in line with consensus expectations.
The proposed sale of RuralCo to Landmark is facing antitrust concerns as a combination of the two large rural supply firms would create a sector heavyweight.
Online auto marketplace Carsales.com has announced plans to sell its stake in the underperforming Stratton Finance.
Afterpay shares have fallen 12% after Australia’s financial intelligence agency ordered an auditor to probe its compliance with money-laundering rules.
Commonwealth Bank has agreed to sell its Count Financial advice business for $2.5 million to ASX-listed CountPlus.
A car has hit a house on the corner of Archer St and Stanley St at about 3.15 this afternoon. The vehicle left the road and travelled through a fence before coming to a hault. Police and CFA are on scene. The Archer St entrance to Stanley St is...
Coca-Cola Amatil has announced SPC will be sold for $40 million to Shepparton Partners Collective and its group of companies. Shepparton Partners Collective is a joint venture between Perma Funds Management and private investment firm The Eights...
The parking inspectors you have come to recognise across town are no more with Greater Shepparton City Council making the decision to outsource the service to a third-party provider.
Three more cars were found dumped and burnt out in Mooroopna and Kialla at the weekend - adding to the tally of more than 60 cars abandoned in the Shepparton district so far this year. Senior Constable Sarah Trewin said a car was reported dumped and...