The Australian share market has opened higher on Tuesday. Woolworths faces another grilling at the ACCC's supermarkets inquiry. Tesla shares rallied on Wall Street. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
The Australian share market has opened higher on Tuesday, while Woolworths faces another grilling at the ACCC's supermarkets inquiry.
Economists believe Mr Trump's policies if implemented could stoke inflation and discourage central banks from cutting interest rates. The RBA board also considered scenarios where its stance to keep interest rates on hold at 4.35% would need to be revised. "If forward looking indicators begin to suggest a widespread easing in retrospective labour market conditions and a more rapid easing in inflation, the Board might need to consider a policy response."the Board said it had "minimal tolerance to accommodate a more prolonged period of high inflation."
"It might be preferences of brands, say they like a premium type of coffee," Woolies Hannah Ross told the inquiry.The company's full year net profit is up 15% to $118 million, while revenue is up 17% to $515.4 million.Woolworths is back again today, and right now Hannah Ross: "There is some personal information tp sign up to the program, which is relatively consistent across loyalty programs in order to process those points and service the consumer."
In relation to the company's incoming CFO Kelly Steckelberg, Canva’s cofounder and chief operations officer Cliff Obrecht said:
Share Market Australian Dollar Wall Street Dow Jones NYSE Bitcoin Live Update Live Blog
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
‘Neutralising’ Coles: what we learned from Woolworths at the ACCC supermarket hearingGovernment-ordered inquiry into the sector turned its attention to Australia’s biggest supermarket on Monday
Read more »
ACCC's supermarket inquiry to hear from Woolworths followed by its rival, ColesWoolworths's bosses will face the ACCC's inquiry into supermarket pricing today, as the consumer watchdog continues to prosecute its case that the corporate giant and its competitor Coles have been dudding their customers on discounts.
Read more »
ASX eyes flat start as Wall Street drifts; Tesla surges, IBM tumblesWall Street is mixed following a rush of profit reports from big US companies, as a sharp drop for IBM helps cancel out a surge for Tesla.
Read more »
ASX eyes flat start as Wall Street drifts; Tesla surges, IBM tumblesWall Street is mixed following a rush of profit reports from big US companies, as a sharp drop for IBM helps cancel out a surge for Tesla.
Read more »
ASX eyes flat start as Wall Street drifts; Tesla surges, IBM tumblesWall Street is mixed following a rush of profit reports from big US companies, as a sharp drop for IBM helps cancel out a surge for Tesla.
Read more »
Live: ASX set to rise, Tesla rallies on Wall Street after Trump talk boosts NasdaqThe Australian share market is set to rise on Tuesday, after Wall Street climbs as Tesla shares rally. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
Read more »