The ASX is trading lower, with gold miners the only group to gain as the precious metal passes $US2,000 an ounce, while Qantas has filed its defence against the ACCC's ghost flight claims. Follow live.
The ASX is trading lower on Monday, with gold miners the only group to gain as the precious metal passes $US2,000 an ounce.
The airline has denied profiting from delayed or cancelled flights and says the ACCC's case ignores the reality of the aviation industry that "airlines can't guarantee specific flights".The ASX is still firmly in the red at lunchtime, downBHP iron ore faces risk of strike action by train drivers The union says it and BHP Iron Ore have been bargaining for nearly two years for a replacement for theprecious metal has gained ~9% since Hamas attacked Israelwere the other notable performers on Friday; indeed the former is the best performer on the week, up 6.3% and benefiting from the improvement in China's growth outlook following last week's news of an increase in fiscal spending.
"In purely legal terms, the ACCC's case ignores a fundamental reality and a key condition that applies when airlines sell a ticket.
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