The COB from ausbiz

Tech wreck as state bickering 'borders' on madness. Stock of the day is SKC...


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Wall Street came back to Earth with a 800 point thud as the Dow Jones finished the session 2.78% lower. Unsurprisingly the ASX followed suit down 3% to close out the the first week of September as investors assess reporting season against a backdrop of ongoing state border tension. Balancing the economic national interest versus state self interest is a tough business.  


Our top three VODs are:

Simple reason for the fall: There's a monster call buyer out there

Resources leading the reporting season race

The correction we had to have

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