Today
Why 2025 could be a bumper year for these Australian farmers
The agriculture sector may be in for a stellar 2025 but much still depends on the weather, Trump’s tariffs, and the war in Ukraine.
This Month
ASX to drop as markets fret currency slump will put off rate cut
The Australian dollar has fallen below a crucial threshold when measured against important trade partners, complicating the RBA’s assessment of interest rates.
ANZ joins forecasters betting on February RBA rate cut
It and Commonwealth Bank agree that mortgage holders may finally get some relief next month, but they are the only two majors predicting that.
ASX falls; Westpac gets downgrade; Star dives 17pc
Australian shares closed lower on Friday, banks drop. ANZ calls February rate cut. Star extends losses. Oil and iron ore advanced. The Aussie hits new two-year low.
- Updated
- Exclusive
- Federal budget
Labor’s social spending budget blows out by $26b
The Albanese government’s spending on aged care, disability, medicines and childcare – where it will campaign – is $26 billion higher than first budgeted.
Why the falling $A could delay RBA rate cuts
The Aussie dollar hit a fresh two-year low, prompting strategists to raise the alarm that it will hold up inflation and may delay the first RBA rate cut of 2025.
- Updated
The books Australian economists loved in 2024
The Shortest History of Economics by Andrew Leigh ranked as one of the most popular books among our most prolific readers.
Reserve Bank rate cut hopes skirt federal election decider
Stubborn inflation, a tight jobs market and weak productivity thwarted interest rate relief in 2024. The Financial Review’s economist survey predicts that will change in May.
December 2024
Shares, dollar slammed after Fed walks back rate cut plans
The Australian dollar tumbled to a two-year low and investors sold off stocks after US policymakers predicted just two rate cuts in 2025 – fewer than the market hoped for.
- Updated
Traders dial up bets for February RBA rate cut
Money markets are slowly dialling up expectations for an early cut from the Reserve Bank in 2025. It’s a different story for New Zealand, which is now in a recession.
- Updated
Why Australians should ditch Europe this Christmas
After a dire year for the currency, those heading to the northern hemisphere should consider looking elsewhere to get the most bang for their buck.
- Updated
ASX snaps five-day losing streak as banks climb; Data3 dives10pc
Shares advance on Commonwealth Bank rise. Rio Tinto and BHP to build ‘green’ plant. Another Star Entertainment departure. Oil slips and gold holds steady. Follow updates here.
- Updated
What economists think about the RBA’s board shake-up
Renee Fry-McKibbin and Marnie Baker’s appointments were met with mixed reaction, with markets still betting on a one-in-two chance of an early 2025 rate cut.
Miners take ASX lower; Star Gold Coast CEO resigns
Shares drop; Insignia confirms Bain bid; Iress eyes dividends; Macquarie cuts Ventia share price; South32 wins on Worsley; subdued start for DigiCo; Morningstar cuts Mirvac, Woodside. Follow updates here.
- Updated
CBA’s relentless rally in five charts
The stellar advance in Australia’s biggest bank makes no “logical sense” to investors, yet the shares keep grinding higher. Here’s why.
ASX extends losses as Downer, Ventia tumble
Shares slip; jobless rate drops to 3.9pc; Coronado gets green light for Queensland mine; oOh!media to cut costs; Cettire confirms block sale; Pilbara CEO loads up on stock. Follow updates here.
- Updated
Bond market eyes at least three rate cuts in 2025
Strategists at Barrenjoey, Deutsche Bank and JPMorgan back early rate cut from the Reserve Bank after an RBA pivot.
- Updated
ASX touches two-week low; tech sells off as traders await US CPI
Investors await November’s CPI report. Cettire block trade changes hands. Google-parent Alphabet soars. Follow updates here.
Bond traders eye back-to-back rate cuts
The Reserve Bank surprised the market by dropping a long repeated phrase that kept rate hikes still on the cards. Traders are now rapidly adjusting their expectations.
ASX closes lower; RBA did not discuss rate cut
ASX closes lower despite paring losses after the Reserve Bank of Australia keeps the cash rate at 13-year high. Mining stocks rallied, while bank and tech stocks dropped on wave of profit-taking.
- Updated