Thanks for your company throughout the day.
We'll be back to do it all again tomorrow, but if you're eager for more business news, you can catch The Business on ABC News at 8:45pm, after the late news on ABC TV, and anytime on ABC iview.
Thanks for your company throughout the day.
We'll be back to do it all again tomorrow, but if you're eager for more business news, you can catch The Business on ABC News at 8:45pm, after the late news on ABC TV, and anytime on ABC iview.
The personal information of 16,000 subscribers of The Age, The Sydney Morning Herald and The Australian Financial Review has been exposed by a data breach.
Nine confirmed the data breach occurred through one of its third-party suppliers, with the name, postal address and/or email address of 16,000 subscribers shared online.
However, a Nine spokesperson confirmed that the data did not include any credit card or bank details, or passwords.
Here's the full statement from a Nine spokesperson:
"We have been made aware by a security researcher that certain personal information held by a third party supplier was not protected to the level of Nine's strict internal data protocols after an unauthorised change.
"This included a limited number of The Sydney Morning Herald, The Age and The Australian Financial Review print subscriber records.
"While there has been no breach of Nine's internal technology infrastructure, Nine treated this matter seriously and worked with the third party to resolve the issue.
"The customer personal information that was held by the provider was limited to name, postal address and/or email address. The data did not include credit card details or passwords.
"Nine is directly contacting all subscribers whose records were involved."
While the ASX 200 ended its five-day winning streak, it was a mixed bag across the sectors.
Four out of the 11 ended higher, with energy leading the gains (+1%) followed by utilities (+0.4%), consumer staples (+0.4%) and basic materials (+0.3%).
At the other end though, real estate and technology stocks were the biggest drag, shedding 2% and 1.5% respectively.
Other modest losses were recorded by industrials (-1.2%), consumer discretionary (-0.9%), healthcare (-0.8%) and financials (-0.4%).
As for the top performing individual stocks:
The stocks that were the worst performers of the day included:
The Queensland government has confirmed it will defer the suspension of The Star Gold Coast's casino licence until September 30.
The casino was due to have its licence suspended for 90 days from next Monday, March 31.
The Queensland government says it made the decision based on the advice of the Special Manager, Nicholas Weeks.
"The Government has made it clear that our expectations have not changed and The Star must progress its remediation," Queensland Attorney-General Deb Frecklington said in a statement.
"Based on the advice of the Special Manager we are satisfied The Star has been continuing to make positive progress under the agreement.
"The extension will provide The Star with additional time to deliver on its outstanding commitments while keeping its doors open.
"This deferral does not prevent us from taking immediate action should The Star fail to meet its remediation obligations."
Mr Weeks will also remain in his role as Special Manager until the end of September.
The ASX 200 has snapped its five-day winning streak, ending the day down 0.4% to 7,969 points at the close of trade.
Uncertainty about the latest round of tariffs by US President Donald Trump flowed through to local shares, with technology and real estate stocks seeing the greatest slump out of the 11 sectors.
Healius is by far the biggest gainer on the ASX 200 today, up 11.6% so far — and the reason for it has got to do with the pathology company's investor day presentation.
Not only did its February YTD (year to date) revenue increase by 6.2%, its pathology volumes increased by 4% during the same time period.
Healius also told the ASX that it intended to pay a special dividend of 41.3 cents to investors after it sold its Lumus diagnostic imaging unit for $965 million, with the deal set to be finalised on May 1.
Altogether, it's seen Healius record its busiest day on the share market since March 4, and its share price is now 7% higher so far this year. (When the market closed yesterday, it had losses of over 4%.)
In other words, today's performance has erased the company's losses for the year — and its shares are on track to record their biggest percentage jump since August 21 last year.
Asian shares have followed Wall Street's lead, trading lower off the back of Donald Trump's announcement that tariffs on auto imports will come into effect next week.
Japan's Nikkei is down by 1.2%, led by heavy losses from automakers, including:
South Korean shares were down by 1%, while Hong Kong's Hang Seng was also slightly lower.
Local shares are trading lower as we head into the afternoon, with the ASX 200 down 0.5% to 7,958 points as of 12:30pm AEDT.
While the index has recovered slightly from a steeper slide earlier, seven out of the 11 sectors are firmly in negative territory — and in a big way.
As for the best-performing individual stocks so far:
And the worst-performing individual stocks:
Prices current around 4:25pm AEDT
Updates from major ASX indices:
To be frank with you Charles, I don't dare try and predict anything that Donald Trump might be thinking when it comes to future tariffs.
Given he's only been US president for a little over two months, today's auto tariffs announcement indicate he's just getting started.
As for whether it will be a "defining policy of is presidency", that will depend on who you ask.
The United Auto Workers, who are long-standing critics of free trade agreements, have welcomed the tariffs, saying it will bring back "good union jobs to the US".
However, auto industry experts aren't so convinced and say the auto tariffs will drive up prices and stifle production.
So really, it will be defining in one way or another. But as for whether it's a "good" or "bad" defining policy, well ... we'll have to wait and see.