Live updates: ASX losing more than 1 per cent again, Liontown Resources shares slump 30 per cent

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Local shares are down more than 1 per cent for the second straight session, as Wall Street dropped again on interest rate fears. Liontown Resources is the biggest mover, down around 30 per cent after a multi-billion-dollar takeover bid failed. Follow live.

Local shares are down more than 1 per cent for the second straight session, as Wall Street dropped again on interest rate fears.

They have agreed to leave at Qantas' interim result in February, while Mr Goyder will step down ahead of the 2024 annual general meeting — but in Goyder's case some say that is not soon enough.But it seems investors still want more board rejuvenation at Qantas. On Wednesday Ms Brenner faced a 17 per cent protest vote against her re-election at Telstra, after proxy firm Institutional Shareholder Services recommended against her because of her concurrent board role at the airline.

Stress over cost of living concerns has eased for the first time in nearly two years, NAB data shows. Fewer people now expect prices will continue to rise as much over the next three and 12 months than they did mid-year. "Many Aussies adjusted budgets to cheer on the Matildas in the stadium or treat themselves to a trip away for the school holidays – even if it meant they had to scale back their original plans."Did you know you can get notifications about the latest business and money news direct to your devices through theWhen you first open the app, you'll be invited to subscribe to any news alerts which interest you.

Current market pricing has the odds of a November interest rate rise by the Reserve Bank at about 25 per cent.

Source: Loan Digest (loandigest.net)

 

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