
Iron ore price dip hits major miners
Australian mining giants have taken a hit on the share market as iron ore prices plunged yesterday after months of highs.
Australian mining giants have taken a hit on the share market as iron ore prices plunged yesterday after months of highs.
Qantas suffered a billion dollar-plus loss in profits in the first half of its trading year, dogged by both domestic and international travel restrictions due to the coronavirus pandemic.
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Adelaide-based drug, research and development group Bionomics is raising $16 million in capital from North American and European investors ahead of its latest PTSD drug trial in mid-2021.
Understanding which companies represented good value while the market was low, and managing risk as cash was deployed, was critical in 2020 according to Taylor Collison.
The share prices of South Australia’s largest 10 publicly listed companies have risen by an average of 25 per cent in 2020 to outperform the market in a tumultuous year for stocks globally.
Reserve Bank governor Philip Lowe will share his views on what last week’s national accounts figures mean for Australia’s economic recovery from the coronavirus pandemic when he returns to the lectern today.