ASX treads water ahead of US rate cut clues
The Australian market was quiet as investors waited for key US inflation data, which will provide fresh insight on where the Fed Reserve moves on rates.
The Australian market was quiet as investors waited for key US inflation data, which will provide fresh insight on where the Fed Reserve moves on rates.
Australian miners are watching nervously as China’s next move determines their future – and Australia’s.
A careful long-term plan orchestrated by China leaves Australia especially vulnerable to a three-pronged “planetary crisis”.
As one Aussie industry teeters on the edge there’s a ray of hope that could see the Australian economy transformed.
Buoyed by a bumper session for Australia’s largest retail bank, the benchmark set a record close on Thursday.
Under pressure from soaring interest rates, elevated inflation and mortgage costs, households have cut back on spending for non-essential items like cars and coffees.
A crash looks imminent as a terrifying “completions cliff” looms which will change the face of Australia.
The Opposition Leader copped questions about who funded his round-trip to celebrate Gina Rinehart’s birthday party last week.
Shares slipped for a second straight session on Tuesday as consumer stocks weighed on the benchmark index.
Shares slipped on Monday as iron ore miners sank and fears intensified of a weaker-than-expected GDP reading in the final three months of 2024.
Ahead of key GDP figures to be released later this week, the Treasurer has issued a stark warning.
Ahead of key GDP figures to be released later this week, the Treasurer has issued a stark warning.
China is about to seal Australia’s fate. Their next move will have a profound impact on whether we hit an economic slump.
The world is facing catastrophic change, costing billions, and Australia is in the line of fire.
The local share market was off to a record breaking start in March, as fresh highs on Wall Street and positive manufacturing data from China bolstered the benchmark.
Despite fresh inflation data showing consumer prices held steady in January, the share market edged lower on Wednesday.
The commodity is meant to be the answer to the green revolution but it’s on the brink of collapse and Australia is in the firing line.
With more of the financial spoils going to Alcoa and a skinny premium, the hardened ex-WMC shareholders could still put up a fight.
The golden goose of the Australian economy is taking a hammering and it could spell big trouble for everyday Aussies.
With profit season nearing its end, the share market advanced for a fourth straight session on Tuesday.
As the price of many minerals plummet – leaving Australia vulnerable – there could be one very fruitful solution.
A push by the Coalition to develop nuclear energy generation in Australia has been slammed by mining magnate Andrew “Twiggy” Forrest.
The collapse of three of Australia’s biggest money spinners leaves the country very vulnerable to China’s every move.
Australians have had their first real wage increase since 2021, with full time workers seeing an extra $81 a week in their bank account.
Australians have had their first real wage increase since 2021, with full time workers seeing an extra $81 a week in their bank account.
The benchmark ASX 200 fell 0.74 per cent midweek, with a slump in mining stocks and ‘mixed results’ from supermarket giant Woolworths.
Even with nickel’s reputation for volatility, the speed of the price collapse took those inside BHP by surprise.
Prime Minister Anthony Albanese has inked a multi-billion dollar promise to the voters of WA and he wants a tattoo to prove it.
A negative ruling for its efforts to sell its $4.9bn lender to ANZ has bigger implications beyond Suncorp’s immediate future.
ASX has experienced its second day of gains, as the energy sector sees a boost following the changes in the core lithium and nickel industries.
Chris and Bec Judd could be hundreds of thousands of dollars worse off after a company they invested in hit the wall.
It was a mixed day for the Australian sharemarket, which was down overall for the week.
The Australian sharemarket made gains on Thursday in sectors including technology, banking and utilities.
Aussies are being offered a very enticing package to fill a labour shortage – including ‘resort-style’ living.
Australian shares surged on Friday to reach a fresh record just two days after closing at a previous all-time high.
After climbing to a record high on Wednesday, the share market lost ground as US Federal reserve chair Jerome Powell warned rate cuts by March were “unlikely”.
Another 400 jobs are on the line — with 1000 Aussies having already lost their positions — in an industry that is taking an absolute hammering.
The share market hit a new high on Wednesday as better than expected inflation figures raised hopes of an end to interest rate hikes.
The ASX came within 2.3 points of breaking its record high set almost two and a half years ago.
The energy sector propelled the benchmark higher on Monday as fears of a broadening of conflict in the Middle East intensified.
Australia’s attempts to have a Swiss lawyer representing Clive Palmer booted from an international tribunal have fallen flat.
Places across the country are facing immense pain with the demise of industries that have been their lifeblood for decades.
Australia’s richest women is known for her savvy business and a recent investment has led to speculation that she is “waiting in the wings to pounce”.
Domino’s Pizza has suffered a huge blow to its share price despite reaching a six year sales high due to one issue.
Authorities have commenced a recovery mission after a Rio Tinto charter flight crashed on its way to a Canadian mine, killing multiple people on board.
Buoyed by a rally in material stocks on Wednesday, the Australian share market edged higher to finish in the green.
Buoyed by a rally in health care stocks and a positive lead from Wall Street, the local market climbed for a third straight session – its longest for the year.
With households and businesses facing a potential gas supply shortfall, a new agreement has been signed to drive down prices.
Led by a rally in tech stocks, the local share market finished in the green for the first time in five days, but closed out the week 1 per cent lower.
The share market extended its losses on Thursday, as property, energy and material stocks dragged the benchmark lower.
Original URL: https://www.adelaidenow.com.au/business/companies/mining/page/3