Australian Financial Review reports...
Renewed selling in the major banks lead a broad sell-off on the ASX, as investors mull uninspiring wage growth and consumer confidence data.
- Wesfarmers cans the IPO of its Officeworks business, blaming poor equity market conditions.
- The budget has done nothing to lift consumers' collective mood, Westpac's monthly survey reveals
- CYBG shares drop sharply after half-year profits
- Oroton plunges as it issues its second profit warning in five months
I will be sure to report any good news I find too - but not expecting much. Be prepared!
I am... SirKnight