FORGOTTEN HISTORY: David chau | History Defined

Crown fined $450m for money laundering breaches, ASX flat as building approvals slump to 11-year low

April's building approvals data shows 11,594 homes were approved for construction last month — down 24.1 per cent on the previous year. Meanwhile Treasury officials fronted Senate Estimates to answer questions about PwC.

ABC News · May 29, 2023

TWU demands Qantas pay back $2.7 billion pandemic relief as airline sees record annual profit, ASX edges lower on US debt talks — as it happened

The Transport Workers Union is calling on Qantas to repay $2.7 billion in government handouts it got during the COVID-19 pandemic as the airline forecasts what the union calls an "obscene" record annual profit. And the Australian share market runs out of steam as US debt ceiling talks drag on.

ABC News · May 22, 2023

ASX slips, Reserve Bank warns of further rate hikes, consumer confidence sinks to COVID-19 lows

The Australian share market has ended its day lower, while the Reserve Bank warns there may be further interest rate hikes, and consumer confidence sinks to its lowest levels since the early days of the COVID-19 pandemic and the 1990s recession.

ABC News · May 15, 2023

Oil prices surge after OPEC+ surprises the market with supply cuts, ASX rises to three-week high

Australian shares rise to their highest level in three weeks, while oil prices surge after a surprise decision by Saudi Arabia and OPEC nations to cut production by more than 1 million barrels per day, and Scott's Refrigerated Logistics is now in liquidation.

ABC News · Apr 2, 2023

ASX closes higher as inflation falls for second month, US regulator slams Silicon Valley Bank for 'terrible' risk management

The Australian share market has closed higher for its third day in a row, while the ABS's latest inflation data shows cost-of-living pressure are easing, which may strengthen the case for the Reserve Bank to keep interest rates on hold next week.

ABC News · Mar 28, 2023

ASX recovers as fears of rapid US rate hikes and bank crisis subside

After three days of losses, the local share market is following a rebound on Wall Street as concerns of a banking crisis eased, while the Australian Energy Regulator has revealed power prices will rise by around 20 per cent in several states.

ABC News · Mar 14, 2023

ASX slips ahead of US, British and European rate hikes, Rio Tinto apologises after radioactive capsule lost in WA

Rio Tinto's iron ore division chief Simon Trott has apologised and says the company is taking the lost radioactive capsule in WA "very seriously", while the Australian share market slips from its nine-month high ahead of a busy week.

ABC News · Jan 29, 2023

Elon Musk testifies Saudis backpedalled from Tesla deal, ASX hits nine-month high

Investors are still feeling very optimistic as the Australian share market has risen to its highest level since April, while Elon Musk has taken the witness stand for a second day to defend against allegations that he misled Tesla investors.

ABC News · Jan 23, 2023

ASX slips, China's population shrinks as its COVID-hit economy grows at 'implausible' rate

The Australian share market has finished trading with small losses, while China releases one of its weakest GDP results on record and confirms its population has shrunk by 850,000 people in one year.

ABC News · Jan 16, 2023

Property prices record biggest fall since 2008, ASX sinks to two-month low

The Australian share market wipes out all its gains since early November, despite strong overnight gains across European markets, while property prices suffer their biggest annual fall since the global financial crisis in 2008.

ABC News · Jan 2, 2023