Aussie shares soar on Wall St euphoria
The benchmark ASX200 has flown close to record highs on Thursday following a huge night of trading on Wall St.
The benchmark ASX200 has flown close to record highs on Thursday following a huge night of trading on Wall St.
A disturbing inequality between one group of Aussies and everyone else has been highlighted in a new report.
There’s a growing crisis in Australia’s trucking industry, and shoppers everywhere will be the losers.
Mining stocks have weighed down the sharemarket again this week, with the benchmark ASX200 dipping into the red on Wednesday.
Aussies will be richer with the arrival of Stage 3 tax cuts, but experts are warning the boost could trigger higher inflation and send mortgage payments soaring.
It’s been a difficult few months for business in Australia and there’s no end in sight, with turnover down for the month of May.
It’s been a dark few years for Aussie renters, but experts say vacancy rates across the market are easing slightly.
The sharemarket has started the week on a low note after a retreat in iron ore and oil prices over the weekend.
Demand in Australia’s housing market could be easing off, with a shock fall in new lending commitments.
The Australian share market drifted lower in quiet trading on Friday as investors stepped cautiously before Wall St’s big Friday.
The ABS has released its latest data on retail trade and building approvals, and the numbers show a boost for the Aussie economy.
A growing list of experts now fear the Reserve Bank will hike rates next month, which could have big consequences for millions of Aussies.
The Reserve Bank has released the minutes from its June board meeting where it considered another rate hike. The discussion shows some storm clouds for homeowners.
The Reserve Bank has released the minutes from its June board meeting where it considered another rate hike. The discussion shows some storm clouds for homeowners.
Australians are increasingly making a desperate move to try to lower the cost of their mortgage, as it’s revealed how much extra the average owner is paying.
Anthony Albanese says a range of measures coming into effect on Monday will help Australians with the cost of living and help ease inflation.
The worst fears of household borrowers could soon be realised as the Reserve Bank grapples with stubbornly persistent price pressures.
With recent data showing prices continue to soar, economists are split on the next move for interest rates but it isn’t looking good.
The Australian sharemarket tumbled on Wednesday after a shock inflation print sparked fears of a possible rate hike.
A higher-than-expected inflation rate of 4 per cent for May has raised expectations the Reserve Bank will have to raise rates at its next meeting.
A higher-than-expected inflation rate of 4 per cent for May has raised expectations the Reserve Bank will have to raise rates at its next meeting.
The Australian sharemarket notched a powerful rebound rally on Tuesday on the back of iron ore and oil price rises and a surge in banking behemoth Commonwealth Bank.
The Australian sharemarket fell sharply in a ‘punchy session’ to start the week, dragged down by a selloff in the energy and materials sectors.
Jim Chalmers has amped up his tax cut sell, revealing the group of Aussies expected to pocket an average of $3000 amid renewed concerns on the inflation fight.
For the average household things have scarcely been worse since records began in the 1970s, as the economy enters a dangerous and familiar phase.
While the central bank didn’t change rates at its latest meeting, it did flag an issue it fears could have a huge impact on Australians.
Australian equities rose modestly on Friday to cap off a positive week buoyed by Wall St gains.
Hawkish remarks from the Reserve Bank haven’t rattled investors, with Wednesday recording a quiet day of trading following Tuesday’s strong advance.
Consumer and business confidence is in the “gutter” yet economists are warning interest rates still could be hiked again.
Snapping a two-day losing streak, the sharemarket rallied on Tuesday, propelled by financial and utilities stocks.
Recent spending in state and federal budgets could impact demand, putting more pressure on inflation, the Reserve Bank has warned.
Recent spending in state and federal budgets could impact demand, putting more pressure on inflation, the Reserve Bank has warned.
There’s no mortgage relief on the horizon and now borrowers have been hit with an even worse doomsday prediction.
One Aussie bank is slashing lenders’ mortgage insurance for borrowers in some of the country’s richest suburbs – and not everyone is happy about it.
One major Aussie bank has made a major call on when the next rate cut will kick in – and it’s not all good news.
From tax to minimum wage, the financial landscape for Australians will change dramatically from July 1. Here’s what’s coming.
Even as last week’s GDP figures revealed the economy barely grew through the start of 2024, Australia’s jobs market remains red hot.
Ahead of the US Fed’s meeting on rates, the Australian share market has recorded a loss for the second day in a row.
As a quarter of the world’s central banks begin to cut interest rates, when is the RBA likely to do the same here?
Freshly minted RBA deputy governor Andrew Hausen has said Australia’s central bank won’t be swayed by rate cuts in Europe and Canada.
Freshly minted RBA deputy governor Andrew Hausen has said Australia’s central bank won’t be swayed by rate cuts in Europe and Canada.
The total value of Australia’s residential dwelling stock has set a new record, climbing to $10.7 trillion in the March quarter.
The total value of Australia’s residential dwelling stock has set a new record, climbing to $10.7 trillion in the March quarter.
A major Australian bank has issued a grim warning on where rates are heading, with the next cut not predicted until 2025.
A major Australian bank has issued a grim warning on where rates are heading, with the next cut not predicted until 2025.
Homeowners are steeling themselves for potential interest rate hikes following an uneasy statement from the head of the Reserve Bank.
Treasurer Jim Chalmers has acknowledged the economy is “barely growing”, after GDP increased by just 0.1 per cent in the first three months of 2024.
RBA governor Michele Bullock said the bank was watching one key figure in deciding if interest rates would increase again.
RBA governor Michele Bullock said the bank was watching one key figure in deciding if interest rates would increase again.
Australia’s workplace umpire has revealed its reasons for increasing the minimum wage for 2.6m workers by another 3.75 per cent.
Original URL: https://www.couriermail.com.au/business/economy/interest-rates