AU
Business & Markets
Latest Australian business & markets news and updates
Business & Markets (ASX)
ASX 200 Rebalance Signals Structural Shift Towards Hard Assets and Defence Technology
The S&P/ASX 200 Index June 2026 quarterly rebalance reveals a major structural flow of institutional capital. Five resources and defence companies join the index, while five consumer, technology, and travel firms are removed.
Business & Markets (ASX)
Oil Prices Tumble and Gold Gains as Global Geopolitical Shifts Reshape ASX Outlook
Global market shifts overnight see WTI crude drop 3% and gold futures rise 0.9%, setting up a mixed trading session for ASX energy and gold shares on Friday, June 5, 2026.
Business & Markets (ASX)
ASX IPO Market Shows Strong Start to 2026 as May Delivers Four New Listings
The Australian IPO market has experienced a significant resurgence in 2026, with 16 listings completed by early June. Despite initial debut-day gains averaging 34.5%, retaining positive momentum post-listing remains a challenge for many new market entrants.
Business & Markets (ASX)
ASX 200 anticipated to open lower on June 1st despite positive Wall Street lead
The S&P/ASX 200 index is forecast to open 13 points, or 0.15%, lower on Monday, June 1, 2026, as falling global oil prices temper the positive sentiment from a strong Friday finish on Wall Street.
Business & Markets (ASX)
Leading Brokers Upgrade Three Prominent ASX Shares Following Key Corporate Updates
Leading brokers have upgraded key ASX shares including Guzman Y Gomez, Life360, and Web Travel Group. These recommendations highlight strong target prices, strategic capital management initiatives, and robust financial projections for the upcoming week.
Business & Markets (ASX)
ASX 200 Rebounds on Friday's Close as Geopolitical Hopes Ease Inflation Fears
The S&P/ASX 200 index experienced a significant 1.62% rebound to close at 8,731.70 points on Friday, May 29, 2026. This surge, driven by mining and banking gains, was fueled by hopes of a tentative 60-day US-Iran ceasefire extension.
Business & Markets (ASX)
ASX 200 Eyes Gains as Goodman Group Q3 Results and Wesfarmers Upgrade Take Centre Stage
The Australian share market is set for a positive open today following strong overnight gains in Europe. Investors are highly focused on Goodman Group's upcoming third-quarter operational update and a key broker upgrade for retail giant Wesfarmers.
Business & Markets (ASX)
Ora Banda Mining delivers extraordinary 915.4% investor return over three years
ASX-listed gold miner Ora Banda Mining Ltd has recorded a remarkable 915.4% return for investors over the past three years. The surge is backed by record half-year revenues of $336.3 million and a strong global gold price environment.
Business & Markets (ASX)
The A2 Milk Company and Wesfarmers Placed on ASX Investor Watchlists
An investment analysis places both The A2 Milk Company and Wesfarmers on investor watchlists. While A2 Milk navigates temporary supply chain headwinds, Wesfarmers exhibits strong recovery potential backed by robust earnings.
Business & Markets (ASX)
James Hardie Industries Misses FY26 EPS Forecasts as Analysts Revise Downwards
James Hardie Industries plc has missed analyst statutory EPS expectations by 60% for FY26, reporting US$0.19 per share. Despite revenues meeting forecasts at US$4.8 billion, analysts have revised their FY27 projections downwards.
Business & Markets (ASX)
Guzman y Gomez Upgrades Australian Earnings Guidance After Immediate United States Exit
Guzman y Gomez (ASX:GYG) is exiting the US market immediately, closing all Chicago restaurants after a six-year expansion attempt. The company has simultaneously upgraded its FY26 Australian underlying EBITDA guidance to A$85 million, triggering a major surge in its share price.
Business & Markets (ASX)
Australian Mining Giants Demonstrate Strength Amid Commodity Rally
Australian mining leaders Mineral Resources Ltd and BHP Group Ltd are showing strong share market performance, supported by resilient commodity prices and strategic diversification. While Mineral Resources has posted significant gains since early 2025, BHP is trading near its all-time high amid robust copper and iron ore markets.
Business & Markets (ASX)
ASX 200 Rebounds as Geopolitical Tensions Ease and Consumer Sentiment Improves
The S&P/ASX 200 index rose nearly one percent on Tuesday, recovering from a seven-week low following the de-escalation of geopolitical tensions. Strong performances from Woolworths and Tuas, combined with a slight rise in consumer sentiment, supported the market's much-needed bounce.
Business & Markets (ASX)
Technology One Achieves 17th Consecutive Record Half-Year Profit as SaaS+ Adoption Grows
Technology One has delivered its 17th consecutive record first-half profit of $89.1 million, driven by a 17% surge in annual recurring revenue and strong SaaS+ adoption.
Business & Markets (ASX)
ASX 200 Wipes Out A$30 Billion in Value Amid Global Bond Sell-Off and Rising Oil
The Australian share market experienced a significant downturn on Monday, with the ASX 200 losing over A$30 billion in value. Rising oil prices and a global bond sell-off have intensified concerns over persistent inflation and high interest rates.
Business & Markets (ASX)
ANZ Shares Face Scrutiny After Rough Week for Australian Banks Amid Budget and RBA Outlook
ANZ Group Holdings shares fell 4.3% last week as the banking sector faces a new economic landscape shaped by the RBA's rate hike to 4.35% and federal budget reforms to negative gearing and capital gains tax.
Business & Markets (ASX)
Ventia Secures A$405 Million Maintenance Renewal with Yarra Valley Water
Ventia Services Group has renewed a major maintenance contract with Yarra Valley Water worth A$405 million over nine years, consolidating four existing agreements into one.
Business & Markets (ASX)
ASX 200 Ends Five-Day Losing Streak as Global Tech Rally and US-China Talks Lift Sentiment
The S&P/ASX 200 ended a five-day losing streak on 15 May 2026, gaining 0.48% to reach 8,681.9 points. The rally was driven by strong performance on Wall Street and a 27.7% surge in Megaport shares, though domestic inflation concerns persist.
Business & Markets (ASX)
Graincorp shares decline 13 per cent following half-year profit contraction
Graincorp Ltd shares plummeted 13% to A$5.38 after the company reported a 52% drop in underlying NPAT for the first half of 2026. Despite the earnings contraction caused by global grain oversupply, the company has reaffirmed its full-year guidance.
Business & Markets (ASX)
Commonwealth Bank reports Q3 2026 cash profit dip to $2.7 billion amid rising technology expenses
Commonwealth Bank reported a $2.7 billion cash profit for the March quarter 2026, a 1% decline from its first-half average as technology investments and loan provisions rose.