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The Latest Breaking News from ASX

Aussie shares edge higher ahead of inflation readout

The ASX200 has climbed into the green in session's final hour, with traders seeming to tread carefully ahead of an important consumer price report.

AAP

Bumpy ride for Webjet after $9m false advertising fine

Online travel agency Webjet has been ordered to pay $9 million in penalties for misleading customers about the price of flights and booking confirmations.

AAP

Australian bookmaker Betr accused of drawing more than half of January gambling profits from 20 customers

Statement to ASX by rival bookmaker Pointsbet amid hostile takeover negotiations notes risks associated with ‘VIP-heavy customer base’

The Guardian - AU

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Aussie shares soar as jobless rise lifts rates cut hope

The ASX200 climbed 0.9 per cent to its highest level ever after a surprise rise in unemployment set the stage for the Reserve Bank to cut rates.

AAP

Australian shares drop as Trump's tariffs target copper

The ASX200 fell 0.6 per cent, with goldminers and uranium miners under pressure and retirement living operator Lifestyle Communities plunging sharply.

AAP

Can Canada get to orbit? Companies NordSpace and ProtoSpace hope to launch country's 1st space mission (exclusive)

Canadian company NordSpace hopes to be the first in the country's history to launch an orbital rocket from Canadian soil. They've got the support of ProtoSpace, a specialized aerospace manufacturing provider hoping to support Canada's budding space industry.

Space

Australian shares flat as banks slip, miners dig in

The ASX200 recovered from its early losses to finish basically unchanged as the All Ordinaries recorded its highest ever close.

AAP

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Mining sector surges but Australia shares lose ground

The mining sector rose 2.3 per cent in its best day in 11 weeks but overall the ASX dipped, while the Australian dollar climbed to a seven-month high.

AAP

Wong signals plans to get Australians out of Iran and Israel – as it happened

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The Guardian - AU

Share market operator probed after 'serious' failures

The corporate regulator's concerns over critical market infrastructure has prompted a probe into Australia's stock exchange operator.

AAP

Monash IVF chief executive resigns after company’s second embryo transplant bungle

Michael Knapp stands down from role as experts call for national regulation of assisted reproductive technology

The Guardian - AU

The ASX is shrinking – a plan to get more companies to float does not go far enough

Whenever a high-profile company lists on the Australian stock market it attracts much excitement. Employees and founders enjoy some financial gains and investors get a chance to invest in a potentially exciting stock.

The Conversation

Monash IVF admits second bungled embryo implant, this time at Victorian clinic

Patient’s own embryo instead of partner’s was ‘incorrectly transferred’, fertility company tells ASX, months after revealing separate Queensland clinic error

The Guardian - AU

Path to going public on markets sped up for companies

A decline in the number of new companies listing on the ASX has forced the market watchdog to roll out changes to streamline the process of going public.

AAP

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Motor1

Mitsubishi Is Getting Another Car Developed by Someone Else

Badge-engineered cars have been around for decades, but this is getting out of hand. Mitsubishi heavily relies on partners to accelerate the development of new models and get them to dealers sooner rather than later. In Europe, three Renaults carry the Mitsubishi badge: the Colt (Clio), the ASX (Captur), and…

AAP

Workers win big as US giant grants Star casino's wish

An international gaming giant has ventured across the world to save the flailing Star casinos after the company came close to entering administration.

The Guardian - AU

Trump tariffs send ASX tumbling and raise expectations of further interest rate cuts this year

Australian stock market follows Wall Street lower with benchmark S&P/ASX 200 shedding almost 3% value since ‘liberation day’ tariffs unveiled

AAP

Australian shares hit eight-week low as slide continues

The ASX200 has finished 1.2 per cent lower to make February its worst month in more than two years after US President Donald Trump's call on tariffs.

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The Guardian - AU

Star scrambles for cash injection to stay afloat as casino giant enters trading halt

The company – which has been looking for a white knight investor – fails to lodge financial accounts as scheduled

AAP

Billionaire founder retakes control of his $32b company

Richard White has been named executive chairman of WiseTech Global, four months after stepping down as CEO amid an inquiry into his conduct.

AAP

Financial sector suffers worst loss in five weeks

The ASX200 was down 0.3 per cent at midday, on track for its third day of losses amid more weakness from the financial sector.

AAP

Aussie shares, dollar plunge as Trump starts trade war

Billions of dollars have been wiped from the Australian share market as it plunged to its worst loss in four months and the dollar fell to a near five-year low.

AAP

The $239b Aussie industry smashing investment records

Australia's exchange-traded funds industry continues to break records and its value is tipped to rise to perhaps as much as $800 billion by 2030.

AAP

Top clothing chains to close, shedding hundreds of jobs

More than 250 outlets of two leading retail chains will close, costing nearly 1000 jobs, after receivers failed to find a buyer for the stores.

AAP

Cloud backup firm hits new heights in $420m acquisition

Shares in ASX-listed Dropsuite have surged to an all-time high - 57 times the price of its 2016 IPO - after the Melbourne company agreed to be taken over.

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