ASX falls on ‘fat chance of a rate cut’
The ASX closed down 0.8 per cent as investors factored in the unlikely chance of getting a rate cut following fresh inflation data on Wednesday.
Breaking News
Aussie dollar set for two-year low
The Aussie dollar is on track for its worst month since September 2022 as markets price in a win for Donald Trump in next week’s US Presidential election.
‘Death sentence’: Protesters clash with BHP
BHP bosses faced tough questions inside and outside of the Brisbane National Convention Centre during the company’s AGM.
Woolies’ surprise call on bottom line
Australia’s largest supermarket says cost-of-living pressures are weighing on its bottom line as it announced a surprising profit warning.
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One sector up as ASX follows US lower
The ASX was a sea of red after Wall Street was hit hard by 40-year high inflation data, with just one local sector in the green.
‘Plausible’ 2022 rate hike to ‘shock’ some
The head of Australia’s Reserve Bank has again conceded a rate hike this year is possible and will come as a shock to those without a ‘buffer’.
Queen’s Covid fear as Charles tests positive
Buckingham Palace has confirmed the Queen is being ‘monitored’ after seeing Prince Charles days before he tested positive to Covid.
Bank helps ASX on winning streak
An ‘outbreak of optimism’ in overseas markets and an impressive quarterly result by National Australia Bank helped push the ASX higher.
Why new-home buyers should be nervous
A surge in the cost of key building products could fuel already red-hot property price growth, renovation costs and even have insurance implications.
Top polluter blasted for ‘token’ coal effort
Australia’s biggest carbon emitter has brought forward closure dates for two coal-fired power stations, but green groups say it’s not soon enough.
Shocking graph exposes cafe crisis
A shocking new graph has revealed the extent of a major crisis confronting cafes in Sydney and Melbourne.
Big bank profit pushes ASX firmly higher
Commonwealth Bank can take the main credit for pushing the ASX higher for the second straight day, boosting the financial sector overall.
Original URL: https://www.couriermail.com.au/business/breaking-news/page/191