As the world continues to face challenges in dealing with the Coronavirus (COVID-19) pandemic, we are taking steps to provide some safety measures to our clients and staff.
Given the wide-ranging impact of the pandemic and in line with advice from government and the World Health Organisation (WHO), limiting unnecessary human contact is an invaluable precaution. We therefore strongly encourage you to use our suite of digital tools and trading platforms for your financial needs. Digital platforms provide an efficient, fast, safe and nearly instantaneous solution to many, if not all your investing requirements, away from public spaces.
KEEPING EVERYONE SAFE
The safety of our employees and clients is something that we care deeply about. While the extent of COVID-19 is still unknown, our plans have the necessary flexibility to evolve as the situation requires.
As a result, Sharenet will unfortunately not be accommodating client meetings at a branch level, for the forceable future. As soon as the situation changes, we will advise you, our valuable clients accordingly.
The widespread concern around COVID-19 creates the perfect opportunity for cybercriminals to defraud customers. To ensure protection against targeted ransomware and Malware attacks, remember to install the latest version of a Multi-layered Antivirus program and never share your account details online or via email.
Sharenet remains fully operational and should you experience any technical difficulty, rest assured that our superior support staff is ready to assist with any technical queries and can be reached on:
09h57 BHP Group must commit to not
damaging Aboriginal cultural sites as its expands its mining
operations while a review of Australian heritage law is carried
out, a shareholder group said in a resolution filed. . .
08h56 The Insurance Council of
Australia began legal action on Thursday to seek formal
clarification on whether they need to pay insurance claims to
small businesses hit by the coronavirus pandemic.. . .
08h48 Australian shares fell on Thursday,
dragged down by losses in banks and utilities stocks, as a
series of poor earnings forecasts fanned fears of more financial
pain from the COVID-19 crisis.. . .
05h43 Australia's Woodside Petroleum
sees oil and gas markets improving later this year after a
dismal first-half hit by the COVID-19 pandemic, and is keenly
looking to snap up cheap assets, its boss said on. . .
05h16 Australia's scandal-hit AMP Ltd
said on Thursday it would return up to almost $400
million to investors in the form of a special dividend and a
share buyback, sending its stock surging as much. . .
05h05 Australian diversified miner South 32 Ltd
said on Thursday it would sell its entire stake in
manganese alloy smelter Tasmanian Electro Metallurgical Company
(TEMCO) to UK-based conglomerate GFG Alliance.. . .
03h49 Australian shares edged lower on
Thursday, pulled down by losses in heavyweight financial stocks,
even as the country's second-most populous state reported its
lowest single-day rise in new coronavirus infections in more
than three weeks.. . .
02h28 Australia's Woodside Petroleum
is looking for acquisitions, ideally close to its
existing assets or offering it control over assets that are
already producing or close to producing, its boss said on
Thursday.. . .
12/08 Australia's largest wealth manager AMP
Ltd said on Thursday its first-half profit nearly
halved as coronavirus-induced market turmoil led to a plunge in
fee income and a higher loan-loss provision at its banking unit. . .
12/08 New Zealand stocks registered their worst
close in a month on Wednesday after the country reported its
first set of coronavirus cases in 102 days, while losses among
miners and gold stocks weighed down. . .
12/08 Nearly 20,000 Commonwealth Bank
of Australia mortgages are held by people receiving
jobless benefits due to COVID-19, raising concerns for the
economy of possible forced property sales and sharp house price
declines once support runs. . .
12/08 New Zealand's central
bank surprised markets on Wednesday by expanding its bond-buying
programme and warned that policy rates might have to go below
zero to revive the coronavirus-battered economy as the country
was plunged back. . .
12/08 A New South Wales state regulator on
Wednesday gave the green light for Australian miner Whitehaven
Coal Ltd to proceed with the expansion of a
controversial coal mine, in a blow to local farming. . .
12/08 Australian wages grew at their
slowest pace on record in the second quarter, underscoring the
damage the coronavirus has done to household spending, after
recent data showed consumer confidence and business conditions
were hit.. . .
12/08 Commonwealth Bank of Australia
(CBA) slashed its annual dividend by more than half to
the maximum payout allowed by regulators, even as bad loan
provisions amid the coronavirus pandemic drove its annual cash
profit below. . .
12/08 A measure of Australian consumer
sentiment fell sharply in August as a strict coronavirus
lockdown in Victoria state darkened the mood in a major setback
to the country's fledgling economic recovery.. . .
11/08 An employee of BP Plc's
Australian refinery who was fired last year for mocking
management online using a well-known meme of Adolf Hitler has
been awarded more than A$200,000 ($143,100) in compensation.. . .
11/08 The Australia Pacific liquefied natural gas
(APLNG) plant on Curtis Island off the east coast has planned maintenance in
stages over this year and next, according to a notice on the Australia Energy
Market. . .
11/08 Australian employment was steady
through July, weekly data showed on Tuesday, though the
southeastern state of Victoria, which is grappling with a fresh
wave of coronavirus infections, suffered a setback.. . .
11/08 A measure of Australian business
conditions rose in July as the service sector rebounded from a
national lockdown, but confidence was badly hit by a renewed
outbreak of coronavirus in the second most populous. . .
10/08 New Zealand's Fletcher Building
on Tuesday forecast its first annual net loss in two years and
warned of persistent challenges across its supply chains in the
year ahead due to disruptions caused by the. . .
10/08 Australian shares registered their
highest close in nearly three weeks on Monday, driven by gains
among heavyweight financials, while a dip in new coronavirus
infections in Victoria and renewed hopes of financial aid in. . .
10/08 Australian companies are likely
to deliver smaller dividends in what is forecast to be the
country's worst earnings season in a decade because of the
coronavirus pandemic, with even firms that benefited from the
upheaval. . .
10/08 Australian shares firmed on Monday,
lifted by hopes that U.S. lawmakers could soon reach a deal for
fresh fiscal stimulus, even as a resurgence in COVID-19
infections at home led to a record number. . .
07/08 Australian shares closed lower on Friday
after the central bank downgraded its outlook for the national
economy and as a U.S. ban on transactions with China's ByteDance
and Tencent heightened tensions between the world's
leading. . .
07/08 Australia's central bank
downgraded its outlook for the national economy on Friday and
warned unemployment would stay high for several years as a
second wave of coronavirus infections sent the city of Melbourne
back into. . .
07/08 Australian shares retreated on Friday,
with miners leading losses, as heightened coronavirus-induced
restrictions following a second wave of infections stoked fears
of further economic damage and unemployment.. . .
07/08 Australian shares were poised to edge
lower at the open on Friday as a strict COVID-19-driven lockdown
in the country's second-largest city Melbourne stoked fears of
further unemployment and financial damage.. . .
06/08 Australia will spend A$1.66
billion ($1.19 billion) over the next 10 years to strengthen the
cyber defences of companies and households after a rise in cyber
attacks, Prime Minister Scott Morrison said on Thursday.. . .
06/08 The Perth Mint's sales of gold products
jumped more than 26% in July from a month earlier, the refiner
said on Thursday, tracking a rise in global bullion prices as
the coronavirus pandemic drove. . .
06/08 Australia's second-biggest city
Melbourne began the first day of a six-week total lockdown on
Thursday with the closure of most shops and businesses raising
new fears of food shortages, as authorities battle a second. . .
06/08 Analysts have again upgraded
forecasts for the Australian and New Zealand dollars in the
latest Reuters poll, but still lag the market as investors
increasingly wager on a lasting downtrend for their U.S.
counterpart.. . .
06/08 Australian shares rose on Thursday after
Wall Street notched overnight gains on strong corporate earnings
and hopes for further U.S. stimulus, while domestic miners
stormed to their highest in more than 9 years as. . .
06/08 Australian shares were set to rise at the
open on Thursday after Wall Street advanced overnight on strong
corporate earnings and hopes that a U.S. coronavirus financial
aid package was on the horizon.. . .
05/08 Australian shares closed lower on
Wednesday as investors stayed away from risky bets ahead of the
corporate earnings season, while a spike in domestic COVID-19
cases continued to bruise risk sentiment.. . .
05/08 Virgin Australia Holdings Ltd
plans to cut a third of its workforce as part of an
overhaul to focus on being a domestic and short-haul
international Boeing Co 737 operator under prospective
new owner Bain. . .
05/08 Australian shares fell 1% on Wednesday as
fresh coronavirus-related restrictions fanned fears of further
economic damage, though losses were limited by a rally in gold
stocks after the precious metal surged to a record. . .
05/08 Australian rare earths miner Lynas Corp
said on Wednesday it aims to begin development of a
permanent waste treatment facility in Malaysia by early 2021 and
will apply for final regulatory approvals over the. . .
05/08 Australia's largest telecom company
Telstra Corp said on Wednesday it will sell its Clayton
data centre facility in Melbourne to property firm Centuria
Industrial REIT for A$416.7 million ($298.4 million).. . .
05/08 Australian shares were set to open lower
on Wednesday as a rising tide of COVID-19 cases in the country
muted risk sentiment, though losses may be limited as Wall
Street squeezed out gains in. . .
04/08 It was billed by the government
as a kickstart to the coronavirus-stricken economy of
Australia's biggest city: a new tech hub in a forest of
skyscrapers built over 24 hectares (59 acres) of railyards. . .
04/08 Australia's central bank held its
cash rate at an all-time low on Tuesday, predicting the economic
recovery will likely be both 'uneven' and 'bumpy' as the
country's second biggest state locks down to fight. . .
04/08 The valuation of Asian shares surged to a
more than 10-1/2-year high in July, Refinitiv data showed, as
record-low interest rates and abundant government stimulus
helped offset worries over the economic impact of the. . .
04/08 Australia's retailers are facing a
consumption drought as the country's second biggest state locks
down to fight the coronavirus and as data showed sales volumes
suffered their biggest plunge in two decades in the. . .
04/08 Australian lenders deferred a further A$40
billion ($28.47 billion) loans in June, the country's financial
watchdog said on Tuesday, as borrowers struggled to service
their debts in the wake of the coronavirus crisis.. . .
04/08 Australian shares were poised to advance
at the open on Tuesday after tech stocks powered Wall Street
higher overnight, with investors looking forward to more U.S.
stimulus in the near future.. . .
03/08 Australia's second-biggest
city, Melbourne, already under night curfew, announced fresh
restrictions on industries including retail and construction on
Monday in a bid to contain a resurgence of the coronavirus.. . .
03/08 Australia's second-most
populous state Victoria entered its first full day under
stricter lockdown measures on Monday, after declaring a state of
disaster and imposing a nightly curfew in the state capital
Melbourne, to fight a. . .
03/08 Australia's Genex Power Ltd said
on Monday that Japan's J-Power would invest as much as
A$25 million ($17.8 million), finalising a deal that secures
funding for Genex's equity component of the Kidston pumped hydro
project.. . .
03/08 Australian shares fell to a more than
one-month low on Monday, dragged down by financial stocks, as
the country's second-most populous state imposed its strictest
movement restrictions yet to curb an uptick in COVID-19. . .
03/08 Australian job advertisements
rebounded strongly for a second month in July as the economy
re-opened, though ads were still down on a year earlier as
Victoria was hit by a fresh coronavirus lockdown.. . .
03/08 Australian shares were set to open flat on
Monday as investors adopted a cautious stance ahead of a central
bank meeting this week, while a resurgence in COVID-19 cases
also dampened risk appetite.. . .
31/07 The Australian benchmark index
fell on Friday to its lowest close in three weeks, posting a
second straight weekly fall as rising coronavirus cases fed
fears of stricter lockdowns and dismal data from the. . .
31/07 AMP Ltd, Australia's
largest financial advisory firm, said on Friday it expects its
first-half underlying profit to more than halve, blaming the
coronavirus pandemic and unsettled markets for a slump in fee
income and higher. . .
31/07 Australian shares fell more than 1% on
Friday and headed for their second straight weekly loss a day
after the country recorded its deadliest day since the
pandemic's onset, with sentiment further dented by. . .
31/07 It was billed by the government
as a kickstart to the coronavirus-stricken economy of
Australia's biggest city: a new tech hub in a forest of
skyscrapers built over 24 hectares (59 acres) of railyards. . .
30/07 Australians will withdraw 56%
more from their retirement savings than the government
originally expected because of the novel coronavirus crisis,
according to treasury analysis, as they use the tax-free money
to repay home loans and. . .
30/07 Australian shares closed higher on
Thursday as investors cheered the Federal Reserve's assertion it
would use its "full range of tools" to support the
virus-stricken U.S. economy, with added lift from tech stocks
ahead of. . .
30/07 Wealth manager AMP Ltd said on
Thursday it had been served with a class action over advice
provided in relation to certain life and other insurance
products, the second lawsuit in as many days.. . .
30/07 Australia's Macquarie Group
on Thursday reported a lower first-quarter profit and
continued to withhold earnings guidance for fiscal 2021, warning
that the impact of the global pandemic would challenge each of
its units.. . .
30/07 Australian shares rose on Thursday as
the U.S. Federal Reserve reiterated its plans to keep interest
rates near-zero for as long as it takes to revive the economy,
while strong performance from domestic iron. . .
30/07 Miner Fortescue Metals Group
on Thursday beat its full-year iron ore estimates with
record shipments in the fourth quarter on the back of strong
demand for the steel-making ingredient from China.. . .
30/07 Lithium prices may be bottoming,
Australia's Pilbara Minerals said on Thursday,
supported by COVID-19 stimulus packages and government measures
to boost the electric vehicle (EV) and renewable energy sectors.. . .
30/07 Commonwealth Bank of Australia (CBA)
said on Thursday it is making additional provisions of
A$300 million ($215.67 million) in its annual results to
remediate customers across its aligned advice businesses.. . .
30/07 Just months after rains broke
Australia's crippling three-year drought, fields of grain have
sprung to life, lifting forecasts for a bumper wheat harvest and
reviving the beaten up agricultural sector through roaring
tractor sales and. . .
30/07 Australian shares are set to open higher
on Thursday in line with a strong finish on Wall Street after
the U.S. Federal Reserve reiterated its pledge to maintain
near-zero interest rates as long as. . .
29/07 Australian shares surrendered early
gains to settle lower on Wednesday, as investors exercised
caution in the face of a worsening domestic coronavirus crisis,
and ahead of the U.S. Federal Reserve policy decision and key
earnings. . .
29/07 Australia's Hastings Technology Metals
Ltd said on Wednesday it would reduce its capital spend
on the Yangibana rare earths project by about A$68 mln ($48.73
mln) through decoupling and relocating a part of it.. . .
29/07 Australian consumer prices fell
by a record last quarter as the coronavirus crisis caused
one-off slides in the cost of child care and petrol, dealing a
damaging setback to years of progress toward higher. . .
29/07 Australian shares are likely to open
lower on Wednesday, tracking losses on Wall Street and in global
equities, as an impasse in U.S. economic stimulus negotiations
MSCI's gauge of. . .
28/07 Australian shares gave up early gains to
close lower on Tuesday as a rise in coronavirus cases stoked
concerns of a stricter lockdown, while data showed employment
was hit due to restrictions placed earlier.. . .
28/07 Australian employment fell 1.1%
between mid-June and mid-July, weekly data showed on Tuesday,
with the biggest loss coming from the southeastern state of
Victoria, which is grappling with a fresh wave of coronavirus
infections.. . .
28/07 Australian shares were poised to rise at
the open on Tuesday, after big tech companies pushed Wall Street
higher overnight and investors set sights on further U.S.
government stimulus to blunt the coronavirus pandemic's
financial. . .
28/07 Westpac Banking Corp said it
gave updated information on more than 500,000 threshold
transactions to Australia's financial crime regulator that it
had not reported or were incomplete amid allegations it enabled
millions of illegal payments.. . .
27/07 Australian shares settled higher on
Monday, helped by a record rally in gold stocks and reassurances
of further support from a senior central bank official to ease
the economic pain caused by the coronavirus. . .
27/07 Australian inflation likely took
its largest decline on record in the second quarter as the
government made child care free to help families through the
COVD-19 lock down and petrol prices tumbled, though much. . .
Complete the form below to recieve your daily selected share information straight to your inbox every evening. You only have to complete the form once. Data Privacy: We do not divulge your details to any third party service or product providers. All our emails provide unsubscribe options at the bottom.
Subscribe to get a summary of the day's market data and news sent straight to your inbox. Data Privacy: We do not divulge your details to any third party service or product providers. All our emails provide unsubscribe options at the bottom.