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MarketsASX LIVE: Latest news from today’s reporting season results

Well, that was epic. Yesterday was insane. So many reports. But we’re easing into the weekend with a more manageable list of companies reporting their results today.

Daniel Newell

Investors on Wall Street are keeping an eye on oil prices amid concerns about the Iran war. (AP PHOTO)

MarketsPremiumWall Street closes lower as US bond yields rise

US stocks have closed lower as investors digested the minutes ‌of a Federal Reserve meeting and monitored government bond yields.

Sinéad Carew and Avinash P

Electric hydrofoil vessels made by NZ firm Vessev, planned for rollout on Perth’s Swan River in partnership with Bayswater’s ENAUTIC.

Renewable EnergyPremiumMajor development in Swan River water tours, commuting plan

The planned rollout of electric hydrofoil vessels on Perth’s Swan River next year is advancing, with the venture capital firm behind Canva’s massive success leading a $27 million fund raising.

Rebecca Le May

“The US Treasury is trying to bring down the yield on their 30 year bonds as countries like China and Japan have been selling their holding of US bonds,” VanEck Australia deputy head of investments and capital markets Jamie Hannah said.

Your MoneyPremiumWhat America’s bond market move could mean for your super

America’s $US40 trillion debt mountain is rattling one of investing’s oldest safety nets, with Australian Retirement Trust warning bonds could fall alongside shares instead of cushioning a market rout.

Ryan Johnson

President Donald Trump has threatened “most crushing economic operation ever” amid tensions with Iran. Carlos Barria / NewsWire POOL

MARKET WRAPPremiumASX jumps despite Trump’s ‘D-Day’ tantrum

Australia’s sharemarket has snapped a six-day losing streak despite US President Donald Trump promising an “economic D-Day” on Iran.

Jackson Robb

Investors spent Thursday separating winners from losers, chasing companies delivering hard earnings growth while stripping value from businesses battling cost and project problems and a cooling consumer.

MarketsPremiumASX earnings wrap: Market separates winners from losers

NRW, Northern Star and Super Retail Group gained favour after solid earnings, while Fortescue and Medibank were marked down as investors showed little tolerance for setbacks and weaker profits.

Ryan Johnson

Super Retail Group boss Paul Bradshaw.

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RetailPremium
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Rebel owner says consumers ‘doing it very tough’

Rebel owner Super Retail Group says consumers are ‘doing it very tough’ and uncertainty around the Iran war, fuel crisis and high interest rates are clouding the outlook for the year ahead.

Cheyanne Enciso

NRW Holdings has billions of dollars worth of work locked in.

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MiningPremium
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NRW lifts payout, casts broad net for further M&A

NRW Holdings has booked record annual earnings and forecast even higher revenues this financial year as it casts its net wide for more deals after the roaring success of its Fredon takeover.

Rebecca Le May

Vicinity says Morley Galleria’s revamp is progressing well and is slated to open in November.

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Commercial PropertyPremium
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Morley Galleria new line-up of retailers, eateries revealed

SEE THE FULL LIST: Shopping mall owner Vicinity Centres has unveiled a line-up of new retailers, entertainment and dining operators for run-down Morley Galleria as part of its long-awaited revamp.

Cheyanne Enciso

About one in nine Australian mortgages go through AFG’s network of more than 4300 brokers and 80-plus lenders, while brokers now write 81 per cent of residential loans.

BankingPremiumAFG sees upgraders stir as first-homebuyers stay out

The Perth-based mortgage bellwether behind one in nine Australian home loans says borrowers pulled back after the Budget, but upgraders are starting to venture back in.

Ryan Johnson

An MSCI index of global stocks has allen again, marking its longest losing streak since March. (AP PHOTO)

MarketsPremiumBond relief ebbs as investors question Treasury rescue

Debt yields have risen and stocks have dipped as markets gauge the US Treasury's ability to stem a bond market rout that's shaken global markets.

Niket Nishant and Rae Wee

Food company Bega has announced its profit for the full year, but warned grocery prices would continue to rise. Supplied

UPDATEDPremium‘Pessimistic’: Iconic food group’s warning

The owner of a host of iconic Australian food brands says consumers remain “pessimistic” over cost of living as the company increases profits.

Blair Jackson

Super Retail Group says sales at Supercheap Auto rose 3.9 per cent to $1.6bn this financial year, mostly on the back of higher average transaction volumes. NewsWire / Flavio Brancaleone

WeatherPremiumLove affair with the great outdoors takes a hit

Poor weather and high fuel prices kept Aussies off the water and the open road this year, leaving one retail giant to take a hit on its profit.

Blair Jackson

Iron Bridge has been plagued by operational issues.

MiningPremiumFortescue hit by Iron Bridge and legal woes

Fortescue’s troubled Iron Bridge mine has dragged net profit and dividends down further than expected.

Daniel Newell and Adrian Rauso

Outgoing Northern Star CEO Stuart Tonkin

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MiningPremium
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Huge severance pay for gold mining boss revealed

Departing Northern Star Resources chief executive Stuart Tonkin will receive a whopping golden handshake next Friday.

Adrian Rauso and Daniel Newell

Emeco boss Ian Testrow.

MarketsASX RECAP: Everything you missed from reporting season today

Strap in people, this one’s a big one ... the mother of all reporting days. Some huge household names are stepping up to report their financials today.

Daniel Newell

Investors barely reacted to minutes from the US Federal Reserve's July meeting. (AP PHOTO)

MarketsPremiumWall St rises, Moderna lifts healthcare stocks

A dramatic rally in shares of Moderna drove gains in healthcare after the company announced its cancer therapy cut the risk of melanoma recurrence.

Sinéad Carew and Avinash P

The ASX 200 fell for the sixth straight session. NewsWire / Max Mason-Hubers

MARKET WRAPPremium‘Spooked’: Rate fears drag ASX down

The Australian sharemarket has extended its losing streak, as geopolitical tensions and rate fears rattled investors across most sectors.

Cameron Micallef

The ASX200 has trod water throughout Wednesday’s reporting season.

BusinessPremiumEarnings wrap: ASX heavyweights deliver beats and bombs

Wednesday’s reporting season continued to deliver a series of beats and bombs, with some companies rallying and others sold off.

Cheyanne Enciso

The competition watchdog has raided software company WiseTech, sending its shares plummeting. (George Chan/AAP PHOTOS)

BusinessPremiumCompetition watchdog raids WiseTech Global’s offices

An embattled Australian tech giant is again making headlines for all the wrong reasons after the competition watchdog executed a warrant at its offices.

Adrian Black

Santos boss Kevin Gallagher has been the sector’s most vocal critic of the Albanese Government’s gas reservation plans.

EnergyPremiumNo major Santos project decisions for years after PNG FID

A decision on the massive Papua LNG project is expected in coming months, Santos says, as its forthright boss takes a fresh swipe at the Albanese Government’s domestic gas reservation policy.

Rebecca Le May

Yields on long bonds from the US to Germany and Japan have soared amid debt and inflation fears. (AP PHOTO)

MarketsPremiumBond sell-off slows, while oil climbs further

European stocks are flat and Asia chip shares have slid as rising long-term borrowing costs sour the mood, while oil has risen over the impasse in the Mideast.

Iain Withers and Tom Westbrook

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SUPERANNUATIONPremium‘New framework’ stop super fraud

The Albanese government has unveiled a crackdown on predatory superannuation scams after thousands lost more than $1bn in retirement savings.

Nathan Schmidt, Cameron Micallef, Jackson Robb

Iluka Resources' new rare earths refinery at Eneabba is how about 50 per cent complete.

MiningPremiumIluka tumbles to $24m loss on weaker prices, stronger dollar

Iluka Resources has slumped to a first-half net loss of $24 million as revenue from the sale of its mineral sands products plunged despite volumes increasing.

Daniel Newell