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Max Mason

Max Mason is a business reporter focusing on financial markets.


Bank shares' gains offset by energy stocks slump

Generic photo of the ASX  board in Melbourne.I

Max Mason The Australian sharemarket finished relatively flat as gains from Woolworths and the banks offset weak performances from the energy and mining sectors.


Banks, miners lead broad gains for Australian shares

Max Mason The Australian sharemarket has pushed higher, with broad gains across sectors, including the major miners and banks, despite another slump in the price of iron ore.


Iron ore drops below $US70

The price of iron ore has slumped by over 49 per cent this calendar year.

Max Mason Iron ore has fallen under $US70 per tonne for the first time in more than five years as a global supply glut and fears of slowing demand in China's property sector weigh on sentiment.


Steel lift won't last unless Asia picks up China's slack

China exported 8.55 million tonnes of steel products in October.

Max Mason China’s surprise interest rate cut announcement may not be enough to stimulate the country’s ailing residential property market and boost its economy, analysts say.


Medibank Private lists at $2.22, 11% higher than IPO price


Max Mason Medibank Private has debuted 11 per cent higher than its initial public offering price.


Iron ore miners surge after Chinese rate cut

China's housing sector accounts for a quarter of the country's steel demand.

Max Mason China’s first rate cut in more than two years has sent shares in Australia’s iron ore miners surging higher, with the prospect of lower lending rates expected to boost the ailing housing...

iiNet CEO David Buckingham gears up for growth

Brand boost: iiNet chief executive David Buckingham plans to tackle the major players.

Max Mason The internet service provider has been powering up sales and boosting marketing to raise its profile on the lucrative east coast.


Chart check: Are US stocks overpriced?

US markets have had a good run but are stocks now getting too expensive?

Max Mason Wall Street hit record highs for the 44th time this year overnight on Thursday and that has some investors asking whether the S&P500’s stellar run over the last five years is making the market...


NBN gearing up for competition

TPG and other rivals won't stop NBN rolling out its broadband technology, the company says.

Max Mason NBN Co is targeting areas of greater consumer broadband competition and will continue its rollout into apartment buildings even if its competitors like TPG Telecom have already installed technology.


Netflix confirms Australia launch for March 2015

Netflix investors cheer world of opportunity (Thumbnail)

Max Mason and Jared Lynch After months of speculation, Netflix has confirmed that it will launch in Australia and New Zealand in March next year.


Iron ore slumps 4.4% to fresh five-year low

The price of iron ore has declined by nearly 50 per cent this year.

Max Mason Miners, magnates and budget watchers hoping for respite from the downward spiral of iron price have taken another hit after the commodity tumbled more than 4 per cent overnight.


China FTA wins won't happen overnight, warn analysts

Australian businesses will be free to open aged-care operations in China under the new agreement.

Max Mason Australia’s newly-signed free trade agreement with China is expected to provide significant benefits to the domestic economy, but for listed companies the impact is likely to be felt over the...


Who wins in Australia-China free trade agreement?


Max Mason Several Australian industries stand to benefit from the free trade agreement signed with China. Here’s a quick summary of some of the key winners.


Business welcomes Australia-China free trade deal


Max Mason, Ruth Liew, Clancy Yeates, Stephen Cauchi, Tim Binsted The Australian business community has hailed the finalisation of a free trade agreement with China as bringing opportunities throughout the economy including financial services, agriculture and...


ASX snaps four-week winning streak

Max Mason The Australian sharemarket edged higher on Friday, but fell sharply over the week, ending a run of four straight weeks of gains as energy, mining and banking stocks were sold off.


ASX dragged down by bank and energy stocks

Stocks are down and analysts aren't expecting a strong

Max Mason The Australian sharemarket has fallen to its fourth-straight day of losses as energy stocks and the big banks weighed on the index, led by Westpac Banking Corp after chief executive Gail Kelly...


NBN outlines multi-technology rollout

Max Mason NBN Co on Thursday confirmed that those premises without fibre-to-the-premise already installed or in the advanced stages of rollout, will likely receive one of an array of cheaper alternative...


Westpac chief Gail Kelly steps down, to be replaced by Brian Hartzer

Outgoing Westpac chief Gail Kelly.

Max Mason, Clancy Yeates Westpac chief executive Gail Kelly is stepping down from the bank she has led since 2008.

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Seven ready for Ten bidders, Kerry Stokes says

Seven chair Kerry Stokes and chief executive Tim Worner.

Max Mason Seven West Media chairman Kerry Stokes is ready to welcome Time Warner into Australia’s free-to-air broadcast arena if it decides to purchase embattled broadcaster Ten Network.