Business Declares War on Labor's Tax Agenda as Housing Slump Deepens

The ASX 200 has quietly outpaced Wall Street over the past month, gaining nearly 4 per cent versus the S&P 500's 3.6 per cent — driven by a 15 per cent surge in resource stocks that pushed BHP to a fresh record. Energy led again today: Woodside posted a 7 per cent increase in first-half net profit on sales up 13 per cent to US$7.45 billion, while Viva Energy saw profit rocket from $62.6 million to $371.1 million. Financials climbed too — CBA added...