Qantas shares have doubled since Alan Joyce retired, and he will be a significant beneficiary.
Accessibility of information – some of which has questionable quality – means portfolios are exposed to more frequent, larger swings in market expectations.
Pilbara’s shares up by almost 5%, as China continues to dominate the global rare earth market.
The upside to the forecasts is the likelihood that Reserve Bank of Australia could be done with rate hikes
The sale from BoQ to UDC Finance forms part of the latter’s plan to scale up lending in NZ.
The sale will recoup only a tiny fraction of what is owed as legal action continues in both Australia and New Zealand.
Economists had been expecting inflation to come in higher.
Stock market returns from the end of 2023 have been driven by multiple expansion underpinned by strong sentiment.
ANALYSIS: The Australian Prime Minister hopes for a major re-set after losing ground in 2023 and faces a big test at upcoming by-elections
The Australian government is seeking to put a disappointing 2023 behind it with a fresh attack on the cost of living.
