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RBA cuts cash rate by 25 basis points: Aus shares close 0.2% higher

4 June 2019 - The ASX200 managed to unwind some of the losses we have seen over the past week to close 0.2% higher. The Financial sector rallied following news that the RBA has sla…

A fair go for Australia, Financials bounce back from Labor scare selling: ASX closes 1.7% higher, near 12 yr highs

20 May 2019 - Market receives 'a fair go' after the ASX rises 1.7% or 111 points. Financials bounce back from pre-election selling, which preempted Labor potentially winning. WBC s…

New 12-year highs on Coalition win, ASX hits 6,478 pts: Aus shares up 1.3% at noon

20 May 2019 - ASX soared to new 12-year highs this morning on the banking sector rising 5%, clawing back from May's selling. Westpac (ASX:WBC) shares up 7.2%, NAB (ASX:NAB) up 6.7%…

ASX sheds a month of gains on tariff war: Aus shares 1.2% lower at noon

14 May 2019 - ASX sheds a month of gains as China plans $60b on Tariffs on US goods in June. NAB (ASX:NAB) slips 5.3% on going ex-div. Citi says CBA (ASX:CBA) 3Q cash earnings were…

Webster buys cropping rights for $10m: Aus shares 0.8% lower over week

03 May 2019 - A flat day of trade for the ASX200 closing 0.04 per cent lower. Over the week the market lost 0.8 per cent with the Energy, Utilities and IT sectors proving to be the…

Afterpay secures US$300m facility: Aus shares 0.04% lower at noon

03 May 2019 - The ASX200 opened higher defying negative leads from the US and is trading 0.04 per cent lower at noon. Afterpay Touch Group (ASX:APT) has inked a US$300 million rec…

Financial's Pendal, IOOF and AMP weigh on results: Aus shares close 0.6% lower

02 May 2019 - Aus shares wiped out most of yesterday's gains after Pendal (ASX:PDL) announced a 37% profit slump, IOOF (ASX:IFL) saw outflows of $129m and AMP's (ASX:AMP) outflows …

Big four banks down: ASX 0.6% lower at noon

02 May 2019 - The ASX opened lower following mixed leads from Wall St and is now tracking 0.6% lower at noon. Woolworths (ASX:WOW) shares saw a rise throughout the morning as they …

NAB cuts dividend after $2.95 billion H1 profit

02 May 2019 - NAB (ASX:NAB) has released their first-half profit and show in the six months to March it rose 4.3 per cent to $2.7 billion compared to the same period a year ago.

ANZ profit slips 5%: ASX tracking 0.7% higher at noon

01 May 2019 - The ASX opened higher following mixed leads from Wall Street and is now tracking 0.7% higher at noon. Shares in Bega Cheese (ASX:BGA) have seen a boost after Kraft's …

China news, BHP update and NAB preview

24 Apr 2019 - Fund Manager, Chris Pedersen brings us China news, an update on BHP and previews NAB results.

Heartland Group raise $50M: ASX200 up 0.5% over week

15 Mar 2019 - The ASX200 opened higher this morning. It suffered a midsession slump and despite forging a comeback it closed 0.1% lower at 6,175. Most sectors made ground today, wi…

The NAB’s actions on the Royal Commission recommendations

15 Mar 2019 - The National Australia Bank (ASX:NAB) today detailed its range of actions to the Royal Commission into Misconduct in the Banking, Superannuation and Financial Service…

Govt reverses decision to ban broker trail commissions: Aus shares close 0.1% lower

12 Mar 2019 - ASX closes with toes in water on Govt reversing its decision to scrap broker trail commissions. New house lending falls 20% YOY, biggest year drop since 2008. Service…

Business conditions fell 3 points in Feb: ASX tracking 0.4% higher at noon

12 Mar 2019 - The ASX rose after the open and is now tracking 0.4% at noon. Resources engineering company WorleyParsons (ASX:WOR) recovered after yesterday's dip with a 3% rise thi…

Is there more upside for Bank shares?

11 Mar 2019 - Fairmont Equities managing director Michael Gable takes a technical look at ANZ Banking Group, Commonwealth Bank of Australia, National Australia Bank and AMP.

ASX raises the bar again, another 7-month high, defying Wall St: ASX adds 0.3% on Thurs

07 Mar 2019 - ASX proves resilience to US equities. Aus' construction industry continues to fall in Feb, Balance of Trade improves in Jan, retail sales miss expectations. Super Ret…

NAB appoint Philip Chronican as the next Chairman

07 Mar 2019 - The National Australia Bank (ASX:NAB) Board of Directors announced current Director and interim Group Chief Executive Officer, Philip Chronican, as the next Chairman …

Can the ASX achieve much higher levels?

11 Feb 2019 - Fairmont Equities managing director Michael Gable takes a technical look at S&P/ASX200, National Australia Bank, Star Entertainment Group and Crown Resorts.

ASX gains 3.4% this week on banking RC rally: ASX slips 0.3% lower on Friday

08 Feb 2019 - Market Wrap. ASX closed at 4-month high but slipped 0.3% today on oil price falling on US/China tension. Beach Energy (ASX:BPT) wipes out 2-weeks of gains ahead of re…

NAB Chairman and CEO resign

08 Feb 2019 - National Australia Bank (ASX:NAB) yesterday saw both their chairman and CEO resign after a difficult week.

Financial Inquiry pushes ASX to 4-month high: Aus shares 1.9% higher at noon

05 Feb 2019 - Market at Midday. ASX back above 6,000 points on banks and AMP rallying on the final report from the Royal Commission into Misconduct in the Banking, Superannuation a…

NAB CEO cancels long-service leave

05 Feb 2019 - NAB CEO (ASX:NAB) Andrew Thorburn says he has cancelled his planned long-service leave following the release of the final report of the Royal Commission yesterday.

LiveTiles launches Airline Bot with Microsoft: ASX closes 0.4% up

24 Jan 2019 - Pushing through the afternoon the ASX closed 0.4% up. Energy was the best performing sector today adding 2.1% while the worst performing sector was REIT. A jobs repor…

Four big banks on the rise: ASX 0.6% lower at noon

28 Dec 2018 - The ASX opened lower after a sharp rally from Wall Street and is now tracking 0.6% higher at noon. Vicinity Centres (ASX:VCX) took a dip taking a hand in dragging th…