New variant panic drags ASX 1.6pc lower for the week – The Australian Financial Review
The Australian sharemarket receded on Friday after a new COVID-19 variant triggered panic selling in the Dow Jones futures and…
Australian Financial Review
CBA’s bet on Winklevoss twins shows its crypto caution – The Australian Financial Review
The bank is trying to balance what it hopes are reduced risks in crypto for its customers against the risk of it missing the…
Central bank digital cash may derail crypto’s run: RBA – The Australian Financial Review
The outgoing head of payments at the Reserve Bank launched a broadside on cryptocurrency volatility, and said FOMO will be replaced…
Treasury Wines buys Frank Family Vineyards in California – The Australian Financial Review
CEO Tim Ford promises no compromise on the quality of the Frank Family Vineyard wines in the chase for higher sales volumes.
No alcohol Lyre’s spirits valued at $500m after latest raise – The Australian Financial Review
Co-founder Carl Hartmann says many of its customers still enjoy alcohol but also drink Lyre’s as part of a moderation push.
RBA’s inflation speech ahead; Macquarie hikes Lovisa valuation 47pc – The Australian Financial Review
Miners drag shares lower, Governor Lowe speech at 1.30pm, RBA minutes on bond-buying program released. Biden-Xi summit to start…
Ventia Services IPO re-cut: $438m raise at 8.5x profit – The Australian Financial Review
Ventia Services’ initial public offering has been considerably downsized and re-priced to ensure it hits the ASX boards as scheduled…
Why banks raising rates might sideline RBA – The Australian Financial Review
Financial markets are probably not focused enough on the fact that Australian banks unilaterally lifting mortgage rates has huge…
Coal price rally shreds Whitehaven debt – The Australian Financial Review
Whitehaven Coal expects to be debt free before March on the back of a global energy crisis that has triggered record prices for…
Sydney property prices: Auction clearance rate hits 84.3pc, the highest since April – The Australian Financial Review
Sydney’s auction market has achieved its best result since April, with the other capitals all posting strong clearance rates,…