Today's ASX news
Why a Spanish tax audit has sent the WEB Travel Group (ASX:WEB) share price 30% lower
The Web Travel Group Ltd (ASX:WEB) share price has sunk close to 30% after announcing a Spanish Tax Agency audit.
February 6, 2026
Big money is not in the buying or selling, but in the waiting.
For my own portfolio, I like to find ASX shares that are growing their dividends. Growth is an essential part of the dividend equation for me. I want to see that the dividend increases are funded by growing earnings and/or growing underlying asset values. I also have a portion of my portfolio invested in an ETF that picks undervalued global businesses with strong competitive advantages.
For Rask Media, I have an interest in covering technology (and tech-related) businesses with a global growth story, as well as cyclical companies that are cheaply priced because they’re at a low point in the cycle, such as retailers and resource businesses which could benefit strongly in the medium-term.
The Web Travel Group Ltd (ASX:WEB) share price has sunk close to 30% after announcing a Spanish Tax Agency audit.
The Rio Tinto Ltd (ASX:RIO) share price is under the spotlight after announcing it has called off talks with Glencore.
The REA Group Ltd (ASX:REA) share price is down by 10% after the property portal business announced its FY26 half-year result.
The Neuren Pharmaceuticals Ltd (ASX:NEU) share price has declined more than 8% after giving US updates which disappointed the market.
The Beach Energy Ltd (ASX:BPT) share price has dropped 3% after reporting a big drop of earnings in the FY26 half-year result.
A tech sell-off makes some ASX shares seem great buys at the current prices. The uncertainty looks like a great time to buy, in my view.
The Pinnacle Investment Management Group Ltd (ASX:PNI) share price is up more than 3% after the company reported its FY26 half-year result.
The Amcor Plc (ASX:AMC) share price is up 3% after the business announced its December 2025 half-year result.
ASX dividend shares can be some of the best investments for passive income because of the combination of yield and growth.
Want to level-up your analytical skills and investing insights but don’t know where to start? Join 50,000 Australian investors on our mailing list and we’ll send you our favourite podcasts, courses, resources and investment articles every Sunday morning. Grab a coffee and let Owen and the team bring you the best insights.
By downloading, you agree to receive emails from us. You can unsubscribe anytime.
Here you go: A $50,000 per year passive income special report
Join more 50,000 Australian investors who read our weekly investing newsletter and we’ll send you our passive income investing report right now.
Simply enter your email address and we’ll send it to you. No tricks. Unsubscribe anytime.
Read our Terms, Financial Services Guide, Privacy Policy. We’ll never sell your email address. Our company is Australian owned.