ASX drifts lower as world awaits US Fed hike
Volumes were subdued as ASX investors waited for Wednesday night’s meeting of the US Fed and an expected 50 basis-point rate hike.
Volumes were subdued as ASX investors waited for Wednesday night’s meeting of the US Fed and an expected 50 basis-point rate hike.
The Reserve Bank has announced a historic interest rate hike and set the scene for further rate rises over the coming months.
ASX investors were back-pedalling from the get-go on Monday after a brutal sell-off on Wall Street knocked tech shares sharply lower.
Scott Morrison has shot down “simply false” reports of a Liberal MP earning $426,000 a year pushing for a taxpayer-funded raise.
MILLIONS of motorists could soon be paying more for petrol if the federal government decides to increase the fuel excise in next week’s budget.
AUSTRALIANS are almost certain to pay a fee for the doctor, as the Prime Minister said “free services to patients are certainly not free to taxpayers.”
A DEBT levy in the form of tax increases is now certain in Tuesday’s Budget, and according to Tony Abbott “we are all in it together”.
FINANCE Minister Mathias Cormann has all but confirmed a debt tax is in the Budget, as Tony Abbott refuses to, saying “we’re all in this together”.
WE all know about the proposed new deficit tax — but what else is tipped to be coming our way when Treasurer Joe Hockey hands down his first budget?
AUSTRALIA made a big choice 13 years ago. Now it’s really starting to hurt our hip-pockets. And both parties are to blame.
IN news to cheer Treasurer Joe Hockey, more than a third of older people want to work until they are 70, yet fear for an appropriate job.
THE people hired Tony Abbott and Joe Hockey to fix the nation’s budget defict. Turns out, they underquoted for the job, writes Jessica Irvine.
Original URL: https://www.adelaidenow.com.au/business/economy/federal-budget/page/142