Unemployment figures hit the mark: Aus shares close 0.6% higher

Unemployment figures hit the mark: Aus shares close 0.6% higher

14 Nov 2019 - The Australian share market saw a strong rally off the back of trend unemployment data which met the consensus. The market managed to maintain momentum over the afternoon to finish 0.6 per cent higher. Engineering company Monadelphou...
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Home loans record largest ever fall - ABS: Aus shares close 0.6% higher

Home loans record largest ever fall - ABS: Aus shares close 0.6% higher

09 Jul 2020 - The Australian share market rose at the open and continued to rally closing 0.6 per cent up at the end of today’s trade. Home loan commitments for housing fell sharply in May, down 11.6 per cent.
Salt Lake Potashs (ASX:SO4) Lake Way Project over 90% procured: Aus shares 0.8% higher at noon

Salt Lake Potashs (ASX:SO4) Lake Way Project over 90% procured: Aus shares 0.8% higher at noon

09 Jul 2020 - The Australian share market opened higher this morning and is now trading 0.8 per cent up at noon. Salt Lake Potash’s (ASX:SO4) the Lake Way Project is now over 90% procured with all key vendor contracts executed. Afterpay (ASX:APT) ...
Praemium (ASX:PPS) is to acquire Powerwrap (ASX:PWL) for $55m

Praemium (ASX:PPS) is to acquire Powerwrap (ASX:PWL) for $55m

09 Jul 2020 - Praemium (ASX:PPS) and Powerwrap (ASX:PWL) have entered into a bid implementation agreement at an indicative price of 26.44 cents per Powerwrap Shareor $55.6 million for all of Powerwrap’s issued share capital.
Netwealth (ASX:NWL) grows FUA by 35%

Netwealth (ASX:NWL) grows FUA by 35%

09 Jul 2020 - Netwealth (ASX:NWL) grew its funds under management (FUA) by 35 per cent over the 2020 financial year, an increase of $8.2 billion to $31.5 billion.
Treasury Wine Estates (ASX:TWE) posts 21% decline in EBITS for FY20

Treasury Wine Estates (ASX:TWE) posts 21% decline in EBITS for FY20

09 Jul 2020 - Treasury Wine Estates (ASX:TWE) has posted a 21% decline in FY20 EBITS, with regional declines of approximately 14 per cent in Asia, 37 per cent in the Americas, 16 per cent in ANZ and 18 per cent in Europe, the Middle East and Africa.
Worley (ASX:WOR) increases stake in TW Power Services

Worley (ASX:WOR) increases stake in TW Power Services

09 Jul 2020 - Worley (ASX:WOR) has acquired Ferrovial’s 50 per cent shareholding of TW Power Services for a cash consideration of $20 million, increasing its stake to 100 per cent.
The price of iron ore hits a 2020 high: ASX set to open higher

The price of iron ore hits a 2020 high: ASX set to open higher

09 Jul 2020 - Following small gains from US markets overnight, the ASX looks set to open higher this morning. The US is seeing some fluctuation in the markets as investors weigh up the economic recovery from the pandemic. Back home Victorian farme...
Blackmores (ASX:BKL) completes SPP: ASX closes 1.5% lower

Blackmores (ASX:BKL) completes SPP: ASX closes 1.5% lower

08 Jul 2020 - The ASX peaked around lunchtime and managed to close 1.5% lower. Northern Star Resources (ASX:NST) saw a rise in their shares today. Shares in Domain Holdings (ASX:DHG) took a dip. Blackmores (ASX:BKL) has successfully completed its ...
Splitit Payments (ASX:SPT) see record growth in Q2 FY20

Splitit Payments (ASX:SPT) see record growth in Q2 FY20

08 Jul 2020 - Installment payment company Splitit Payments (ASX:SPT) has posted record Merchant Sales Volume up 176 per cent on Q1 FY20 and up 260 per cent over Q2 FY19, due to the addition of new large merchants.
WiseTech Global (ASX:WTC) has completed earnout renegotiations

WiseTech Global (ASX:WTC) has completed earnout renegotiations

08 Jul 2020 - WiseTech Global (ASX:WTC) today confirmed completion of the remaining earnout renegotiations removing $33.3 million of future contingent cash liabilities owed to multiple acquisition targets.
Afterpay (ASX:APT) completes institutional raising

Afterpay (ASX:APT) completes institutional raising

08 Jul 2020 - Afterpay (ASX:APT) successfully raised $650 million via a fully underwritten institutional placement that was strongly supported by existing and new shareholders.
Select Harvests (ASX:SHV) says 2020 harvest is complete

Select Harvests (ASX:SHV) says 2020 harvest is complete

08 Jul 2020 - Select Harvests (ASX:SHV) says harvest has been completed and 100 per cent of the 2020 crop has been delivered to their Carina West processing facility.
Global rally slows: ASX poised to dip at the open

Global rally slows: ASX poised to dip at the open

08 Jul 2020 - Following a fall from US markets overnight, the ASX looks set to open lower this morning. The global rally slowed with European shares slipping alongside US futures. The Shanghai Composite climbed for a sixth day. Yesterday our offic...
Official cash rate steady at 0.25%: ASX closed 0.03% lower

Official cash rate steady at 0.25%: ASX closed 0.03% lower

07 Jul 2020 - After a massive leap upwards at the open, the ASX took a small dip around lunchtime and the local bourse managed to close 0.03% lower. The materials sector is doing well today with shares in St Barbara (ASX:SBM) and Gold Road Resourc...
FIRB approves Iberdrola's takeover offer for Infigen: Aus shares 0.1% higher at noon

FIRB approves Iberdrola's takeover offer for Infigen: Aus shares 0.1% higher at noon

07 Jul 2020 - The Australian share market shot up at the open and is now tracking 0.1 per cent higher at noon. The materials sector is doing well today with shares in St Barbara (ASX:SBM), Fortescue Metals Group (ASX:FMG) and Gold Road Resources (...
Dexus's (ASX:DXS) DALT acquires two industrial assets

Dexus's (ASX:DXS) DALT acquires two industrial assets

07 Jul 2020 - Dexus (ASX:DXS) today announced that the Dexus Australian Logistics Trust, in which Dexus holds a 51 per cent interest, has exchanged contracts to acquire two quality industrial properties.
Sezzle (ASX:SZL) reports a record second quarter 2020

Sezzle (ASX:SZL) reports a record second quarter 2020

07 Jul 2020 - Installment payment platform, Sezzle (ASX:SZL) has released their key operating metrics for the quarter showing Underlying Merchant Sales (UMS) expected to reach an annualized pace of $1.4 billion by the end of 2020.
Afterpay (ASX:APT) is set to expand into Canada

Afterpay (ASX:APT) is set to expand into Canada

07 Jul 2020 - Afterpay’s (ASX:APT) trading update for the three month period ended 30 June 2020 shows strong performance delivering underlying sales of $11.1 billion in FY20, more than doubling the prior corresponding period, up 112 per cent.
Comet Ridge (ASX:COI) reports that the Mahalo Gas Project has received petroleum lease approvals

Comet Ridge (ASX:COI) reports that the Mahalo Gas Project has received petroleum lease approvals

07 Jul 2020 - Comet Ridge (ASX:COI) is pleased to announce that the Mahalo Gas Project has been granted Queensland State Government Petroleum Leases.
Renergen (ASX:RLT) helium drill results from Phase 1 Virginia Gas Project

Renergen (ASX:RLT) helium drill results from Phase 1 Virginia Gas Project

7 July 2020 - Renergen (ASX:RLT) Managing Director, Stefano Marani talks about its high concentration of helium from Phase 1 drill results at its Virginia Gas Field in the Karoo Basin, South Africa.
Broad rally on US markets, China up: ASX poised to open higher

Broad rally on US markets, China up: ASX poised to open higher

07 Jul 2020 - Following a wide-ranged rally from US markets overnight, the ASX looks set to open higher this morning, despite the coronavirus continuing to hit the United States. White House health advisor Dr. Anthony Fauci says that the resurgenc...
Job Ads rise by record 42%: Aus shares close 0.7% down

Job Ads rise by record 42%: Aus shares close 0.7% down

07 Jun 2020 - The Australian share market fell at the open and closed 0.7 per cent down at the end of trade. Mesoblast (ASX:MSB) led the gains after US product use for COVID-19. ANZ Job Ads rose by a record 42.0% m/m in June.
Qantas (ASX:QAN) teams up with Afterpay (ASX:APT): Aus shares flat at noon

Qantas (ASX:QAN) teams up with Afterpay (ASX:APT): Aus shares flat at noon

06 Jul 2020 - The Australian share market opened lower this morning and is flat at noon. Qantas (ASX:QAN) and Afterpay (ASX:APT) will launch an exclusive new partnership allowing Qantas Frequent Flyers to earn points with the platform.
WAM Leaders (ASX:WLE) to pay 3.25 cent final dividend

WAM Leaders (ASX:WLE) to pay 3.25 cent final dividend

06 Jul 2020 - Wilson Asset Managements' listed blue chip fund, WAM Leaders has declared a fully franked final dividend of 3.25 cents per share which brings the fund’s full year dividend to 6.5 cents per share.