Last week’s market turmoil is a sober reminder that investors need to keep an eye on things, even if you’ve adopted a set-and-forget strategy, particularly in retirement. Here’s how you can protect your money.
Nick Bruining
DEBTMAN: The thud a market makes when it violently crashes can cause tremors through to your bones. But the process for building wealth doesn’t have to involve making big bets on timing markets.
Bruce Brammall
All three major indexes gain for the day; Expedia rises after Q2 profit beat; Indexes: Dow up 0.1 per cent, S&P 500 up 0.5 per cent, Nasdaq up 0.5 per cent.
Staff Writers
The dust has settled on Diggers and Dealers for 2024 and across gold, lithium, rare earths, niobium and uranium there were some big takeaways.
Adrian Rauso
The Australian stockmarket has ended a wild week on a positive note, propelled by renewed confidence on Wall St that the US will avoid a recession.
Duncan Evans
QBE has doubled its profit for the six months to the end of June partly driven by premium rate increases — with the global insurer flagging further hikes.
Cheyanne Enciso
Super Retail Group boss Anthony Heraghty’s illicit affair with the retailer’s former HR officer Jane Kelly created a toxic workplace culture within the $3 billion listed company, court documents allege.
The ASX200 was rallying on a better-than-expected drop in US jobless claims, but remains on track to finish the week down 2.1 per cent.
Derek Rose
US stocks closed substantially higher, boosted by promising jobs data that indicated recession fears were overblown.
The Reserve Bank of Australia’s ongoing commitment to raise rates if it deems it necessary in the future continues to influence Aussie investors.
Aisling Brennan
The ASX200 has finished down 0.2 per cent, with BHP falling to a 21-month low and Mirvac dropping nine per cent on its earnings results.
Department store Myer has blamed a challenging trading environment, inflationary pressures and the closure of two key locations for a slide in full-year profit of as much as $21 million.
IGO has revealed it is shopping around its troubled Forrestania nickel mine and may have already landed a buyer.
Daniel Newell
The once-mighty financial services company AMP has announced a joint venture for the loss-making advice division and a small rise in overall first-half profit.
Marion Rae
Glencore has abandoned plans to spin off its coal unit just nine months after saying it would exit the profitable but polluting business, following discussions with its shareholders.
Thomas Biesheuvel
US stocks closed lower after an initial boost lost steam in afternoon trading with investors nervous after a recent steep sell-off.
A $21 million Perth hearing healthcare company has gone bust, blaming a fallout with a key supplier for its woes.
The Aussie share market is bouncing back after experiencing a shocking start to the week.
Mosaic Brands has confirmed it has entered so-called safe harbour arrangements, allowing the board to remain control of the embattled fashion retailer as it seeks to trade out of financial difficulties.
Mark Zeptner has taken a swipe at the tardiness of the Takeovers Panel, while more details emerge about his spicy back-and-forth with Spartan Resources chief Simon Lawson.
The ASX200 has finished 0.25 per cent higher, its second day of modest gains after a 3.7 per cent plunge on Monday.
The Nikkei has led Asian and European share markets higher, but the yen has fallen sharply on the Bank of Japan's caution about interest rate rises.
Wayne Cole and Alun John
More than half of Australia’s retirement savings are directly exposed to a share market crash thanks to the high-risk settings of most superannuation funds.
Neale Prior
The ASX200's 5.8 per cent plunge over Friday and Monday was uncomfortable, but pullbacks are the price of investing in the stock market, experts say.