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The Latest Breaking News from ASX

ASX falls as RBA lifts interest rates, ABS records high income deficit — as it happened

A fall on Wall Street has sent Australian stocks lower, while the Reserve Bank of Australia lifts interest rates by 0.25 of a percentage point, taking the cash rate target to 3.1 per cent.

ABC News

Australian Stock Exchange chair apologises

The head of the Australian Stock Exchange has issued a public apology over the botched rollout of a multi-million dollar upgrade.

AAP

New review of Project Sea Dragon finds world's biggest prawn farm can proceed, contradicting March review

In March, Seafarms declared plans to build the world's biggest prawn farm "unviable", but a new review under a different CEO produces a different result for Project Sea Dragon.

ABC News

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Watchdog takes casino giant Star to court

A federal watchdog has started civil penalty proceedings against gambling giant Star for alleged failures to comply with anti-money laundering laws.

AAP

Wellard criticises ageing live export fleet, unveils plans to build 'green' vessel

ASX-listed agribusiness Wellard says live export ships represent the world's second-oldest fleet as it shares its plans for a new vessel.

ABC News

How to be an investor in the ETF and managed fund worlds

There are a range of ETFs listed on the ASX that give you the ability to have a global investment reach like the big players.

The New Daily

Newcrest contractor killed in Canada mine

Newcrest Mining says a contractor has died in an accident at its Brucejack goldmine in British Columbia, Canada.

AAP

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Australia’s corporate regulator issues first fine for greenwashing

Australian Securities and Investments Commission fines Tlou Energy for misleading statements about green credentials

The Guardian - AU

Market cop takes first greenwashing action

ASX-listed energy firm Tlou Energy has paid Australia's first penalty for "greenwashing" over claims it could generate carbon neutral power.

AAP

Mitsubishi XFC Concept Debuts As Small Crossover Coming In 2023

Unlike the Renault Captur badged as the ASX, this is an all-Mitsubishi effort.

Motor1

WA's Public Trustee under microscope after charging $370 an hour to transfer ownership of shares

The Adamsons were hoping to reduce the burden on their family when they signed up to allow the WA Public Trustee to manage their wills, but it became their biggest regret.

ABC News

ACCC approves campervan companies' merger

NZX-listed THL and ASX-listed Apollo Tourism and Leisure will sell some of their fleet to Jucy in order for their merger to go ahead.

AAP

Star's acting chief executive resigns; ASX falls after global stocks tumble on interest rate fears

ASX falls after global stocks tumble on interest rate fears, as casino operator Star's acting chief executive officer resigns.

ABC News

Judge doubts $90m loan claims and questions ASX announcements

Creditors claim more than $70m from failed plastics-to-fuel company IGE.

Newcastle Herald

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Motor1

2023 Mitsubishi ASX Debuts With Five Powertrain Tunes To Pick From

There's even a plug-in hybrid version available.

Pedestrian.tv

Shattering New Data Reveals It’ll Take 100 Fkn Yrs Before Women Run 40% Of Aus’ Top Companies

New data has determined it would take 100 years for women to take up CEO positions at even 40 per cent of Australia's biggest companies.

The Guardian - AU

Gender equality in Australia’s top public CEO roles 100 years away on current trends, report finds

‘It’s just staggering to see that so many companies on the ASX have stalled or gone backwards,’ head of Chief Executive Women says

ABC News

It could take 100 years for corporate Australia to achieve CEO gender balance, CEW Census shows

If nothing is done to change it, new data from the Chief Executive Women Census shows it will take about 100 years for corporate Australia to have at least 40 per cent women in CEO positions on the ASX300.

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news in one place.

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ABC News

Dartbrook coal mine sale stalls, current owners lobby shareholders to help pay $100m debt

The mothballed Dartbrook coal mine in the Hunter Valley had three sale bids, but all options have since hit snags.

ABC News

Outgoing Fortescue Metals boss Elizabeth Gaines says China will want Australian iron ore 'for a long time to come'

Australia's iron lady, Elizabeth Gaines, says she doesn't expect global tensions to impact iron ore demand as she prepares for her final days running Fortescue Metals Group.

The New Daily

Market wrap: Crude oil price continues to climb, dragging petrol with it

Meanwhile, the ASX200 eased ahead as traders digested a busy week of earnings reports as corporate Australia negotiates higher costs and interest rates.

The Guardian - AU

Queensland’s casino inquiry: what will it examine and what could happen to Star?

Public hearings are set to begin on Star’s suitability to keep its casino licences in Brisbane and the Gold Coast

ABC News

Tassal recommends shareholders accept $1.1 billion takeover bid from Canadian seafood giant Cooke

These unassuming Canadians have just offered $1.1 billion to take over Tasmania's last locally owned salmon producer, turning the company private — in a move that has some worried for the environment and accountability.

The New Daily

Week of gains as markets rally and unemployment hits record low

What to watch in markets this week: The ASX200 closed higher for a fourth straight week, and it is now 10 per cent above its June lows.

Pedestrian.tv

Rest In Yeast: A Rival Biz Has Taken The Inspired Unemployed To Court Over The Boys’ Beer Brand

Brick Lane Brewing claims the boys' brew, Better Beer, makes "false, misleading or deceptive representations”.

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