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ASX on three-day winning streak

The Australian sharemarket extended its winning streak to a third day on Tuesday, buoyed by an increase in interest rate-sensitive stocks as traders await fresh US CPI data to be released on Wednesday night (AEDT). The benchmark S &…

ASX flat as investors await US data

The share market jumped to reach its highest level in almost three months on Monday morning before shedding early gains to finish flat at the end of trading.The benchmark S & P/ASX200 added just 4.1 points, to finish at 7,199 at the…

‘Concerning’ stat about fashion influencers

More than 80 per cent of social media influencers are “taking advantage” of consumers by posting content that could be misleading and in breach of Australian Consumer Law, the Australian Consumer and Competition Commission (ACCC) has…

Warning Australia too reliant on US, UK

A top weapons manufacturer has argued that Australia’s defence industry is far too reliant on the UK and the US for munitions, declaring that the government must overhaul its defence strategy to favour local procurement. NIOA Group chief…

Woolies, Coles on notice over popular Xmas item

The supermarket giants have been put on notice not to hike up the price of a leg of Christmas ham ahead of the festive season. Firing a warning shot at Coles and Woolworths, Agriculture Minister Murray Watt has encouraged the supermarkets…