Business
ASX poised for flat open as RBA rate decision looms, Wall Street ends higher
In a volatile week, Wall Street closed higher, while the ASX is poised for a flat opening ahead of the RBA rate decision. The markets are also reacting to various news, including Karoon Energy cutting its production guidance and oil price rebounds.
1 day ago
Business
Interest Rates Set to Rise: What It Means for Your Mortgage
Interest rates are expected to rise for the fourth time this year, with financial markets and economists predicting a 25-basis-point hike when the Reserve Bank meets on Tuesday. But some analysts warn that this may not be the last rate hike before Christmas.
1 day ago
Business
Competition Watchdog Blocks RAC WA's $1.35b Sale to IAG
The competition watchdog has blocked the sale of WA's largest insurer, RAC WA, to Sydney-based IAG, citing concerns it would reduce competition and drive up premiums. The decision marks a significant setback for the $1.35 billion deal.
6 days ago