Markets

Accounts lodged with ASIC for buy-now, pay-later group Afterpay reveal its value has been heavily reduced since US fintech Block acquired it.

Australia’s wine industry is facing a 260 million litre surplus and consumption is tipped to slow further over the next five years amid changing drinking patterns.

Economists who’ve worked for Treasury and the Reserve Bank are questioning the RBA’s ability to forecast inflation following a big shock with consumer prices.

The counter-drone technology company’s shares have been on a rollercoaster ride, but rebounded strongly on Tuesday.

DEBTMAN: There are those who think they’ll play the smart game while watching market turmoil and sell everything down to cash. But can you buy back in when the panic stops?

A broad-based sell-off has dragged the local bourse to its lowest level in five months, as jitters about tech valuations and interest rates weigh on sentiment.

The Bitcoin price hit its lowest since April on Monday morning as traders dumped the asset.

The warning came from tech company DroneShield, which shocked the ASX to post a 30 per cent share price plunge.

Australia’s most famous stock picking conference has thrown up some unusual ideas that fund managers think will thump the market in 2026.

Shares in Australia’s biggest bank are down 16 per cent since June and many professional analysts still label it a sell on valuation grounds.

The Reserve Bank governor will not say if she expects interest rates to rise or fall, a position that will cause uncertainty across the economy.

Kroll Australia says the proposed merger is in the best of Southern Cross’ shareholders, who will benefit from being part of a bigger, diversified group with higher earnings and a stronger balance sheet.

The RBA has lefts rates on hold and is now expecting inflation to soar to 3.7 per cent next year . The consumer price index is tipped to remain above target for a year.

ANZ has revealed a $1.1 billion profit downgrade, with redundancies making up more than a third of the bad news.

Neither country wants decoupling or confrontation — at least, not yet.