One item Aussies are cutting back on
Aussies are cutting back on holiday plans, eating out and coffees as the cost of living crunch continues.
Breaking News
Rate rise fears grow as key figure revealed
The latest unemployment figures paint a picture of what the Reserve Bank might do with interest rates next week.
ASX up despite fresh rate hike fears
The Aussie sharemarket shrugged off fears that interest rates could climb higher before the year’s end to finish in the green.
‘Significant concerns’: RBA’s grim warning
Despite ultimately keeping rates on hold, new RBA governor Michele Bullock considered another hike to the cash rate in early October.
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‘Tsunami’ of businesses could get payout
A court ruling that insurers will have to pay out COVID-19-related business interruption policies could lead to a tsunami of claims.
Huge penalty for rent-for-life scam
A ‘gatekeeper’ who played a big role in a rent-for-life scam which ripped people off and left some homeless has been slapped with a huge penalty.
Jobs data boosts ASX
The ASX clawed higher despite a negative US lead, with far better than expected jobs data keeping the market on track for its best month in 32 years.
Crown resists new Packer proposal
Crown Resorts is resisting a big call against James Packer, saying it isn’t necessary now the relationship between the two is ‘stock standard’.
25,000 more Aussies looking for work
The Australian Bureau of Statistics has revealed the latest unemployment figures that coincide with the easing of support measures.
ANZ cut a ‘hard pill to swallow’
ANZ savers have been dealt a major blow, with the big-four bank slashing savings rates in a move described as a ‘hard pill to swallow’.
Barangaroo casino opening delayed
The opening of Crown Resorts’ new Sydney casino has been delayed after a huge admission at the inquiry into whether it is fit to run the development.
Woolworths limits stock in SA
Major supermarket chain Woolworths has reinstated purchase limits as shoppers panic buy following SA’s lockdown announcement.
ASX soars to pre-lockdown highs
The ASX has leapt to heights not seen since late February before the coronavirus pandemic took hold, shrugging off negative leads from overseas markets.
All NAB branches shut after bomb threats
The National Australia Bank has been forced to close its branches nationwide after it received multiple bomb threats, police have confirmed.
Original URL: https://www.adelaidenow.com.au/business/breaking-news/page/200