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Stocks of the Hour: North Stawell Minerals, Next Science, archTIS

29 Jun 2023 - A snapshot of the stocks on the move, featuring North Stawell Minerals, Next Science and archTIS.

Medibank and ahm customers to receive extra $125m in COVID support

29 Jun 2023 - Medibank (ASX:MPL) today announced its plan to distribute an additional $125 million to its customers as part of the company's comprehensive COVID-19 support package …

ASX provides clarity on CHESS replacement decision

29 Jun 2023 - ASX has responded to claims regarding a replacement for the Clearing House Electronic Subregister System, stating that "no decision has been taken".

Harvey Norman forecasts profit slump amid impending retail recession

28 Jun 2023 - Retailer Harvey Norman has issued a warning, stating that it expects a significant decline in earnings for 2023. The company's chairman, billionaire Gerry Harvey, att…

Inflation eases, paving the way for interest rate stability

28 Jun 2023 - In a positive turn of events, Australia has witnessed the smallest increase in inflation in over a year.

Andover all your spare change: Azure's WA lithium find could break the records

28 Jun 2023 - Identifying one of WA's most exciting lithium finds involved trawling through long-forgotten archives in the bowels of the state’s museum.

$225m debt refinance and non-core divestment boost Centuria Office REIT's capital position

28 Jun 2023 - Centuria Office REIT (ASX:COF) has announced significant developments, including a successful $225 million debt refinancing initiative and the exchange of a sales con…

PointsBet board backs FBG's enhanced US$225m proposal

28 Jun 2023 - Fanatics Betting and Gaming has made an improved proposal to acquire PointsBet's (ASX:PBH) US business for US$225 million (~A$333 million).

Stocks of the Hour: Raiden Resources, Encounter Resources, Stellar Resources

28 Jun 2023 - A snapshot of the stocks on the move, featuring Raiden Resources, Encounter Resources, Stellar Resources.

Gina Rinehart makes inroads into British beef market with Australia-UK free trade deal

28 Jun 2023 - Australian billionaire businesswoman Gina Rinehart, through Hancock Agriculture (ASX:HAN), has seized the opportunity presented by the recently signed Australia-UK fr…

Bitcoin Cash surges amid BlackRock optimism

28 Jun 2023 - Bitcoin Cash has experienced more than doubled in the past week.

Medibank ordered to hold $250m in capital as cyber weaknesses expand

28 Jun 2023 - Australia's largest health insurer, Medibank (ASX: MPL), has been instructed by the prudential regulator to increase its capital adequacy by $250 million and undergo …

Australia Post CEO Paul Graham highlights weakness in parcel volumes as rising interest rates impact

28 Jun 2023 - Australia Post CEO Paul Graham has observed a weakening trend in parcel delivery volumes as consumers tighten their belts in response to rising interest rates and cos…

Qantas confident as cost of living pressures fail to dampen travel demand

28 Jun 2023 - Cost of living pressures have not dampened the travel industry, according to Qantas (ASX: QAN), as the airline reassures investors that its earnings remain unaffected…

Sonic Healthcare (ASX:SHL) expands presence in Switzerland

27 Jun 2023 - Australian medical diagnostics company Sonic Healthcare (ASX:SHL) has announced its acquisition of Swiss laboratory network Synlab Suisse for CHF100m ($250.9m). This …

Stocks of the Hour: INOVIQ, Forrestania, Lincoln, Tamboran

27 Jun 2023 - A snapshot of the stocks on the move featuring INOVIQ, Forrestania Resources, Lincoln Minerals and Tamboran Resources.

KFC chain Collins Food surges despite inflation concerns

27 Jun 2023 - Shares in KFC chain Collins Foods (ASX:CKF), surged on Tuesday following an impressive start to the 2023-24 financial year, despite concerns over rising inflation cos…

Moody's gives thumbs up to NST's gold mine expansion

27 Jun 2023 - Moody's Ratings has expressed strong approval for Northern Star's (ASX:NST) $1.5 billion expansion plan for the SuperPit gold mine near Kalgoorlie. The company announ…

Bega warns of potential $180 million impairment due to rising dairy prices

27 Jun 2023 - Bega Group (ASX: BGA), Australia's largest locally owned food group, has issued a warning stating that escalating dairy prices could result in a substantial non-cash …

Wesfarmers matches EC Healthcare's offer for SILK Laser

26 Jun 2023 - After saying it would be disciplined in spending capital, Wesfarmers has surprised by announcing a decision to match the $3.35 per share offer by EC Healthcare for SI…

Metcash rally fades as warning signs emerge from annual results

26 Jun 2023 - Metcash (ASX:MTS) may have reported record annual sales and earnings for the year ending 30 April, but closer examination of the results reveals warning signs that ca…

Element 25 secures contract with General Motors

26 Jun 2023 - Shares in Element 25, a manganese miner, experienced a surge of 23% following a supply contract with General Motors.

Musgrave Minerals rejects Westgold's all-stock bid

26 Jun 2023 - The board of Musgrave Minerals (ASX:MGV) has advised shareholders to decline the all-stock bid presented by Westgold Resources (ASX:WGX), asserting that the offer und…

Stocks of the Hour: Metal Hawk, Ragnar Metals, ECS Botanics

26 Jun 2023 - A snapshot of the stocks on the move featuring Metal Hawk, Ragnar Metals, ECS Botanics.

Impending US earnings season and inflation concerns weigh on sentiment

26 Jun 2023 - As the second quarter comes to a close, the looming US earnings season is expected to significantly influence market sentiment. Investors are grappling with the reali…

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