Shares advance on steady inflation read
Shares clawed back losses from Tuesday’s session to come within less than 35 points of the benchmark’s all time high.
Breaking News
Telstra boss apologises for triple-0 outage
A ‘technical fault’, a ‘communication error’ and errant backup processes have been blamed for the outage.
Hope for rate cut as inflation holds steady
The softer-than-expected reading is a further sign the Reserve Bank could move to ease interest rates later this year.
Hope for rate cut as inflation holds steady
The softer-than-expected reading is a further sign the Reserve Bank could move to ease interest rates later this year.
More Stories
ASX snaps five straight weeks of gains
The longest weekly winning streak on the ASX this year has ended, with Sydney’s outbreak playing a role in the underperformance.
WFH trend retailer couldn’t ignore
Officeworks has expanded its range after it became clear stores weren’t stocking what customers were seeking.
New blow for mouse plague victims
People who have had their crops and properties ravaged by the mouse plague may be shocked to hear just how little damage is covered by insurance.
ASX dips to two day low
Australia’s share market has hit a two day low amid lockdown jitters from a growing coronavirus cluster in Sydney.
Natural disaster damage worst in 5 years
A leading insurer says severe storms and flooding in New South Wales has caused a major spike in insurance claims, the worst in nearly half a decade.
NSW virus outbreak hurts Aussie stocks
The ASX took a hit as the ballooning Covid cluster in NSW hurt travel stocks and broader sentiment, while broker comments on CSL didn’t help.
Why interest rates may have to rise sooner
Interest rates should rise much quicker than the Reserve Bank forecasts, two major banks have predicted.
Longer holidays key to saving economy
A Tourism Australia report says Australians need to holiday more to save the economy in the absence of international visitors.
Original URL: https://www.couriermail.com.au/business/breaking-news/page/200