Markets

JACKSON HEWETT: Despite the ABS Business Indicators’ positive headline, NAB’s chief economist believes that big business is not that confident about where the economy is going.

ABS paints rosy economic picture. But devil’s in the detail

JACKSON HEWETT: Despite the ABS Business Indicators’ positive headline, NAB’s chief economist believes that big business is not that confident about where the economy is going.

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BlackRock, the world’s largest fund manager, has looked into the future and has come up with five key factors it says will shape finance and investment in the years to come.

The five forces that will shape your financial future

JACKSON HEWETT: BlackRock, the world’s largest fund manager, has looked into the future and has come up with five key factors it says will shape finance and investment in the years to come.

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Star Entertainment Group shares have been placed in a pause on the ASX ahead of an announcement.

Bailout D-Day in falling Star’s desperate bid to stay afloat

Embattled Star Entertainment has paused trade ahead of the release of its half-year financial report, with a repeated warning that without a white knight it may not be able to continue as a going concern.

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US stocks have dropped as Nvidia swings to the red and data indicates a cooling US economy (AP PHOTO)

Wall St closes lower as Nvidia tumbles following report

The launch of low-cost artificial intelligence models from China's DeepSeek in January has cooled Wall Street's AI rally.

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A BlackRock expert has warned that Australia’s long-term rate trajectory could be even higher than the market expects.

‘World has changed’: Finance giant sees high rates returning

JACKSON HEWETT: Global inflation will be high and volatile for many years to come, an expert with the world’s largest fund manager, BlackRock, has warned.

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Coles CEO Leah Weckert.

Coles jumps on Woolworths strike chaos to boost sales

Coles boss Leah Weckert says it moved quickly to take advantage of the pre-Christmas strike at rival Woolworths, resulting in $120 million in extra sales and $20m in earnings.

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BYD’s Shark is proving popular, with 6000 on order.

Eagers Automotive comes up trumps in hybrid ‘sweet spot’

The car dealer reported a 25 per cent fall in annual profit to $223 million on record revenue of $11.2 billion, but investor focus was on its upbeat assessment of the company’s prospects.

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Qantas Group chief executive Vanessa Hudson with Qantas and Jetstar crews after presents the airlines half year result.

Jetstar steadies Qantas as Flying Kangaroo wanes

Budget carrier Jetstar has powered a lift in Qantas Group earnings as the dominant Australian airline slowly pimps up and replaces its aging fleet of the Flying Kangaroos.

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Qantas says the cabin refresh of the 737 fleet will give passengers a modern, ‘as new’ experience when flying.

Qantas pumps profits into massive 737 cabin refresh program

Qantas is set to pump a chunk of its half-year profit of more than $900 million into a game-changing upgrade of cabins across its fleet of Boeing 737s, including those on route to Bali.

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Graham Turner, chief executive of Flight Centre.

Flight Centre whacked as profit plunges

Flight Centre has hit turbulence as it battles to lift margins and revenue.

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Boxing Day sales at Westfield Carousel.

Shopping mall owner bags $1b profit amid retail squeeze

What cost of living crisis? Westfield shopping centres owner reveals a surprising profit of more than $1 billion for 2024.

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Richard White has taken charge of the WiseTech board.

‘Here for long haul’: Richard White takes charge at WiseTech

However, the corporate regulator says it is making ‘preliminary enquiries’ into the $32 billion logistics software giant ahead of quick call on any action.

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A dismal consumer confidence report prompted a selloff on Wall Street on Tuesday. (AP PHOTO)

Wall St ends mixed in face of mounting uncertainties

The S&P 500 and the Nasdaq have nudged one-month lows as investors put off buying amid rising consumer and political uncertainties.

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