The Australian sharemarket broke successive records on Thursday after the Federal Reserve issued a whopper 0.5 percentage point interest rate cut.
Two investment options have been surging in anticipation of lower interest rates,but each attracts very different investors.
The ASX gained on Monday amid expectations of an interest rate cut from the United States Federal Reserve later this week.
The ASX finished higher on Friday after a choppy start to trading,with investors taking a shine to higher commodity prices.
The local market pared back some early losses on Monday but still closed down. Consumer discretionary and healthcare stocks were the biggest losers.
The ASX gained on Friday despite a choppy Wall Street session overnight as wary investors awaited monthly non-farm payrolls data in the US.
The nation’s out-of-touch super funds don’t do enough to engage with young customers,the corporate regulator says.
No one knows how Diamond Creek got its name but the locals have a favourite story:about a bull who met his end near the water.
The Australian sharemarket closed higher after promising results on the final day of earnings season.
The Australian sharemarket declined on Thursday,led lower by mining and consumer discretionary stocks,after Wall Street slid amid a pullback in big technology companies.
The online retailer has managed to eke out a profit in financial year 2024 and reinstated dividend as it looks to put the post-pandemic blues behind it.