Markets

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.

While sales growth at the group’s flagship retail chain Bunnings has improved on the June half-year, cost-of-living pressures are still weighing on shoppers.

Haul road problems are in the rear view mirror, Mineral Resources says, and the company is now on track to reach full-year volume and cost guidance across the board.

The President lauded the chipmaker’s chief executive, Jensen Huang, on his Asia trip, as Nvidia pitches itself for a central role in Donald Trump’s economic plan

Wednesday’s surprise inflation data hurt share investors and sent property stocks lower as evidence of more food price rises threatens to sting retailers like Woolworths.