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EWA News30 articles
Titan's A$1.15 Bid Sends Global Lithium Up 50%, Spread at 15%
Global Lithium (ASX:GL1) jumped 49.9% to A$0.997 after Titan Australia offered A$1.15 per share, leaving a 15.3% spread as investors weigh deal risks.
Pension Boost Offset by Higher Deeming Rates in Australia
Australia's Age Pension increases by A$36.80 for singles and A$55.60 for couples, but higher deeming rates could offset some gains.
Australia's Diesel Stockpile Dips as Fuel Costs Escalate
Australia has 31 days of diesel supply, but prices are soaring. The government extends stockholding relief, while Ampol and Viva Energy face mixed impacts.
Australia's Debt Relief Hinges on Productivity Rebound
Australia's $500B debt improvement rests on 1.2% productivity growth; drop to 0.8% and savings vanish. Treasury's report due Monday.
Dollarama Lifts Canadian Forecast; Australia Weighs on Margins
Dollarama raised its Canadian sales forecast after strong Q2 traffic, but a full quarter of Australia diluted group margins. Shares rose 3.3%.
Australian Retirement Costs Hit Record A$78,998 as Energy Bills Surge
Australia's comfortable retirement budget has climbed to A$78,998 for couples and A$56,166 for singles, driven by a 22.4% jump in electricity prices.
BYD Atto 1 Drops to A$19,990 in Australia, Ties MG3 as Cheapest New Car
BYD slashes Atto 1 Essential to A$19,990 drive-away in Australia, tying MG3 as the cheapest new car. The aggressive pricing tests volume strategy amid margin concerns.
RBA Faces Inflation Puzzle as CPI Data Delayed Until After Rate Decision
Australia's RBA holds rates at 4.35% as July CPI slows to 3.5%, but trimmed-mean inflation stays sticky at 3.6%. August CPI arrives after the Sept. 29 decision.
RBA September Hike Odds at 74%: Why the Market Could Still Be Surprised
Markets see a 74% probability of an RBA rate hike on September 29, but Deputy Governor Hauser cautions the decision isn't set in stone. Key data and oil prices could shift the outcome.
Vietjet's $199 Australia Fare: A Test of Pricing Power
Vietjet shares rose 0.8% after launching AUD199 Australia fares, but the real story is the airline's thin 1.1% quarterly margin and its test of pricing power in a growing international network.
ASX 200 Slides to Six-Week Low as Consumer Confidence Plunges 5.2%
Australia's ASX 200 dropped 0.7% to a six-week low as consumer confidence plunged 5.2%, amplifying worries about sticky inflation and elevated interest rates.
RBA Rate Hike Odds Soar to 80% as ASX 200 Stays Calm
Traders see near-80% odds of an RBA rate hike in September after GDP beat, but the ASX 200 barely moved. NAB, Deutsche Bank, and UBS now expect a move.
Sydney Property Market: Indexes Clash on August Price Drop
Sydney home prices are falling, but two major indexes disagree on the pace: PropTrack says 0.3% monthly drop, while Cotality reports 1.4%.
Woolworths NZ Margin Squeeze Deepens as 130 Jobs Face Sydney Shift
Woolworths proposes relocating 130 NZ customer care roles to Sydney, highlighting a stark margin gap: NZ food EBIT margin is 1.9% vs 5.5% in Australia.
Record Diphtheria Outbreak Strains Remote Health Infrastructure
Australia's record diphtheria outbreak with 538 cases in 2026 prompts A$13M response, highlighting remote housing and health infrastructure gaps. Investors eye public health spending.
A$372B Super at Risk in Australia's CGT Overhaul
Industry modelling shows proposed trust rules could increase effective tax rates on A$372 billion in Australian super assets, a 50% relative jump for affected gains.
Liontown Shares Tumble 7.3% as Lithium Peer Gap Widens Despite Strong Cash
Liontown (ASX:LTR) shares dropped 7.3% on Tuesday, lagging peers by up to 6 percentage points despite a strong June quarter. Elevated FY2027 capex and market concerns weigh on the stock.
DroneShield Ends at A$2.32 as Next Reporting Period Looms
DroneShield (ASX:DRO) closed at A$2.32, down 2.1%, as trading volumes fell 58% below the 2026 daily average. The next mandatory financial report is the half-year statement, increasing the significance of the upcoming update.
Westpac Gains 1% on Rate Hike Optimism, But Margin Boost Seen Limited
Westpac (ASX:WBC) shares rose 1.05% over the week, but analysts caution that potential rate hikes may only partially offset recent margin compression.
SGH Shares Trail ASX 200 Rally Ahead of FY26 Earnings Report
SGH shares gained 0.70% to A$41.51, underperforming the ASX 200's 1.98% jump. The next catalyst is FY26 earnings on August 11, with an analyst target of A$47.64.
Asia Markets Dip as Oil Rally, AI Slowdown Weigh
Asian stocks fell Thursday as rising oil prices from U.S.-Iran tensions and a cooling AI trade pressured markets, with Japan's Nikkei down 0.47% and Hong Kong's Hang Seng off 1.32%.
Asian Markets Brace for Key Week as Oil, Yields, and AI Dominate
Asian markets enter a crucial week with oil above $103, US yields at 4.558%, and AI optimism from Nvidia and Lenovo. China cracks down on cross-border brokers, while key data includes US PCE and Tokyo CPI.
Guzman y Gomez Exits US Market, Shares Surge on Return to Australian Focus
Guzman y Gomez exits the US market immediately, closing all Chicago locations. Shares rose up to 20% on Friday as investors cheered the strategic pivot back to Australia, with FY26 Australia EBITDA guidance raised to A$85 million.
Asian Markets Retreat from Peaks as Oil Surges Past $103, Nikkei Fails to Hold 60,000
Asian equities pulled back from all-time highs as oil surged past $103 a barrel on renewed Strait of Hormuz tensions. Japan's Nikkei slipped 0.75% after briefly topping 60,000.
Fitch Affirms NAB's AA- Rating as Asset Quality Strengthens
Fitch Ratings maintained National Australia Bank's AA- credit rating, highlighting a reduction in non-performing loans and solid quarterly cash earnings. The bank will report half-year financial results on May 4.
Ampol Dividend Deadline Looms Amid Refining, Regulatory Pressures
Ampol shares will trade ex-dividend on March 6 for a fully franked 60-cent final dividend, with payment set for April 2. Investors weigh this income against falling refinery margins and an ongoing competition review of its proposed EG Australia takeover.
PLS Group's Gender Pay Gap Widens Amid Corporate Restructuring
PLS Group's median gender pay gap in Australia increased to 15.2% from 11.1% the previous year, which the company attributes to corporate layoffs and a processing plant being placed into care and maintenance.
NAB Reports Surge in Mortgage Offset Usage Amid Rate Uncertainty
National Australia Bank reports a significant increase in offset account adoption, with 75% of mortgage customers now utilizing them. The trend intensifies as households brace for potential interest rate hikes.
Whitehaven Coal Defies ASX Downturn with Share Buyback Momentum
Whitehaven Coal gained 1.8% to A$8.34, outperforming the ASX 200's 1.9% drop, as its share buyback program continued. Market focus shifts to China's policy session and further buyback updates.
Telstra Retreats Amid ASX Sell-Off, RBA Rate Fears Loom
Telstra Group shares declined alongside a broader market sell-off driven by geopolitical tensions and interest rate concerns. The telecom's dividend reinvestment plan pricing window is active, with a cash payment scheduled for late March.