The COB from ausbiz

After jumping above 5,900 at the open, the ASX 200 headed south to close at 0.3%. Following the tech sell off on Wall St overnight, the Aussie WAAAX stocks held up pretty well...


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After jumping above 5,900 at the open, the ASX 200 headed south to close at 0.3%. Following the tech sell off on Wall St overnight, the Aussie WAAAX stocks held up pretty well, closing flat or higher - WYC down 0.04%, APT up 2.65%, APX up 0.86%, Altium up 0.6% and Xero up 1.6%. A rough day for Qantas boss, Alan Joyce, who saw his pay fall to a mere $1.7 million. Still, nothing to be sneezed at, but quite a cut from the $10 million he took home last year. Our top three VODs today are:

Peter Morgan: When the bubble bursts, US valuations may fall 25%

CEO Chat: The Aussie industrials disruptor that has Mitsui, BHP on its side

Backline Wines kick off


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