ASX Limited
Federal Court dismisses disclosure class actions against CBA
The judge found even though Commonwealth Bank was aware of problems before AUSTRAC’s 2017 case, it had not breached continuous disclosure obligations.
- by Clancy Yeates
Latest
Who takes over Tritium, the titan house of EV charger manufacturing in Australia?
Tritium was viewed as a national success story and its collapse leaves a significant gap: “Who’s going to fill that space when we’re trying to build the charging network?”
- by Sumeyya Ilanbey
Conflict, inflation and market correction weigh on Australian shares
Market watchers expect further pain as tensions between Iran and Israel mount and quarterly domestic inflation figures are released this week.
- by Sumeyya Ilanbey
Updated
World markets
ASX slides despite Wall Street rebound
Rate-sensitive sectors including consumer stocks dragged the local sharemarket lower, despite a US equities rebound overnight following its steep sell-off.
- by Millie Muroi
Updated
World markets
ASX falls as Fed official rattles Wall Street with rates warning
Technology and mining stocks dragged the ASX lower after US equities slammed into reverse.
- by Millie Muroi
Why this ASX oil boss is investing in the Americas (but not Australia)
Santos’ $5.8 billion Barossa project and Woodside’s $16.5 billion Scarborough venture off WA have been mired in delays and uncertainty.
- by Nick Toscano
The big dilemma facing your super funds
Engage or divest? How can big super work towards a more sustainable world?
- by Sumeyya Ilanbey
How governance tipples gave Top Shelf investors a hangover
The troubles at Top Shelf are another example of an ASX hopeful that holds much promise but has so far failed to deliver for many of its shareholders.
- by Sarah Danckert
Australian investors sent a China warning
China is Australia’s largest trading partner, accounting for nearly a third of international trade, and the industries most exposed to Beijing’s economic woes are resources and commodities.
- by Sumeyya Ilanbey
Retail investors shun ASX for Wall Street as tech shares boom
Australian retail investors shunned the local bourse last year and turned to Wall Street — a trend that is unlikely to abate in 2024 amid the artificial intelligence craze and growing market consensus the United States will avoid a recession.
- by Sumeyya Ilanbey
Corruption left this $1b company dead and buried. Shareholders want to revive it
The board of environmental tech business Phoslock want to dissolve the company amid evidence of major corruption and fraud. But the vast majority of shareholders are refusing to give it up.
- by Sumeyya Ilanbey