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ASX Set to Rise on Wall Street Rally, Easing Trade Tensions
May 05, 2025 08:45 AM AEST| By Team Kalkine MediaAustralian shares are expected to open higher on Monday, with ASX futures up 0.4%, following strong gains on Wall Street....
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Westpac Profit Slips to $3.3b Amid Rising Costs and Margin Pressure
May 05, 2025 08:15 AM AEST| By Team Kalkine MediaWestpac's half-year profit dropped 1% to $3.3 billion, missing forecasts as higher costs and intense mortgage competition squeezed margins....
Warren Buffett to Step Down as CEO of Berkshire Hathaway
May 05, 2025 08:00 AM AEST| By Team Kalkine MediaWarren Buffett, 94, has announced plans to retire as CEO of Berkshire Hathaway by year’s end, surprising investors after years of stating he had no intention of stepping down....
WiseTech Faces Market Doubts Over $3.5b Bid for US Rival e2open
May 02, 2025 09:00 AM AEST| By Team Kalkine MediaWiseTech Global’s proposed $3.5 billion acquisition of US logistics software firm e2open has drawn scepticism from investors and analysts, who cite execution risks, margin dilution, and internal leadership instability....
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Retail Sales Miss Forecasts as RBA Eyes May Rate Cut
May 02, 2025 08:45 AM AEST| By Team Kalkine MediaAustralian retail sales rose 0.3% in March, missing market expectations of a 0.4% increase, according to the ABS....
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Copper rises on trade optimism and Peru supply concerns
May 02, 2025 08:30 AM AEST| By Team Kalkine MediaCopper prices rose 0.9% to $US9206 a tonne in London amid optimism over US trade negotiations, which may ease global growth concerns....
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Block Sinks 26% After Slashing Profit Forecast
May 02, 2025 08:15 AM AEST| By Team Kalkine MediaBlock, the parent company of Afterpay, saw its shares plunge 26% on the ASX to $68.17 after reporting disappointing first-quarter results and cutting its full-year profit outlook....
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ASX Set to Dip Despite Tech Rally; Apple Warns of $1.4b Tariff Hit
May 02, 2025 08:00 AM AEST| By Team Kalkine MediaThe ASX is expected to break its six-day winning streak, with futures pointing to a 0.4% drop despite a strong session on Wall Street....
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Goldman Sachs Eyes M&A Growth Despite 21% April Dip in Global Deal Value
May 01, 2025 09:50 AM AEST| By Team Kalkine MediaGoldman Sachs remains cautiously optimistic about mergers and acquisitions despite recent market volatility, according to David Dubner, the firm’s global COO of M&A....
CBA Leads ASX Rebound as Wall Street Reverses; Platinum Jumps 10%
May 01, 2025 09:00 AM AEST| By Team Kalkine MediaThe ASX rallied by midday, reversing early losses as Commonwealth Bank (CBA) helped lift the market alongside a rebound on Wall Street....
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ASX Set to Dip as Microsoft Jumps 7%
May 01, 2025 08:30 AM AEST| By Team Kalkine MediaThe Australian sharemarket is set to open lower, with ASX 200 futures down 28 points or 0.3%, likely breaking a five-day winning streak....
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Woolworths Online Sales Soar 15.7% to $2.2b, Group Revenue Hits $17.3b
May 01, 2025 08:15 AM AEST| By Team Kalkine MediaWoolworths reported a 15.7% surge in e-commerce sales to $2.2 billion for the first quarter, boosting total group sales by 3.2% year-on-year to $17.3 billion....
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Resolute Strikes $235m Deal for West African Gold Projects
May 01, 2025 08:00 AM AEST| By Team Kalkine MediaResolute Mining has announced a US$150 million acquisition deal with AngloGold Ashanti for two undeveloped gold projects in Côte d’Ivoire, marking a significant expansion of its West African operations....
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Coles Sales Hit $10.38b as Home Brand Jumps 13.7%
April 30, 2025 09:35 AM AEST| By Team Kalkine MediaColes reported a 3.4% increase in third-quarter group sales to $10.38 billion, driven by strong performance in its supermarket division....
Inflation Hits 2.9%—RBA on Track for May Rate Cut
April 30, 2025 09:03 AM AEST| By Team Kalkine MediaAustralia’s trimmed mean inflation has dipped below 3% for the first time in over three years, positioning the Reserve Bank of Australia (RBA) for a likely interest rate cut in May following the federal election....
Star’s Losses Deepen as Regulatory Changes Hit Casino Revenues Ahead of Bally’s Takeover
April 30, 2025 09:00 AM AEST| By Team Kalkine MediaStar Entertainment has posted a $21 million EBITDA loss for the March quarter, down from a $38 million profit a year earlier, as new compliance measures at its Sydney casino, including mandatory ID cards and cash limits, reduced gaming activity....
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Origin’s LNG Revenues Slide as Production and Prices Weaken
April 30, 2025 08:45 AM AEST| By Team Kalkine MediaOrigin Energy reported an 11% decline in revenue from its Australia Pacific LNG (APLNG) operations for the March quarter, impacted by lower gas prices and disrupted production....
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Rio Tinto Flags Uncertainty Over Bell Bay Smelter’s Future Amid Power Deal Stalemate
April 30, 2025 08:30 AM AEST| By Team Kalkine MediaRio Tinto has warned of “material uncertainty” over the future of its Bell Bay aluminium smelter in Tasmania after six years of stalled power contract negotiations with Hydro Tasmania....
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ASX Set to Open Higher Ahead of Key Inflation Data
April 30, 2025 08:15 AM AEST| By Team Kalkine MediaAustralian shares are expected to rise on Tuesday, tracking gains on Wall Street as optimism over a US recovery outweighs weak jobs data....
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Northern Star Cuts Gold Output Guidance Amid Operational Delays
April 29, 2025 09:27 AM AEST| By Team Kalkine MediaNorthern Star Resources has lowered its gold production guidance for the 2025 financial year, citing delayed access to the Golden Pike North mine, increased maintenance costs, and higher royalties....
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