ASX drifts lower in ‘directionless’ trading
The Australian sharemarket fell lower on Tuesday after weak retail sales data hit discretionary stocks.
Economy
Aussies’ retail spending ‘grinds to a halt’
The latest retail trade figures have revealed that many Australians are keeping a close eye on their spending in the retail sector.
Aussies’ retail spending ‘grinds to a halt’
The latest retail trade figures have revealed that many Australians are keeping a close eye on their spending in the retail sector.
Aussie shares rebound in broadbased rally
Ten of 11 industry sectors ended in the green on Monday in a rebound ahead of crucial retail and inflation data.
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Huge sign house prices set to plummet
House prices in one Australian state are set to fall fast in 2024 and one group of owners is particularly at risk.
‘Cut back’: Harsh reality of Gen Z spending
Spending patterns reveal a stark divide between generations as cash-strapped Gen Z and Millennials cut back on essentials while Boomers splurge.
ASX climbs despite grim rates warning
Despite a fresh warning the RBA is still prepared to hike interest rates, markets were buoyed from a rally by iron ore miners.
Sorry stat that’s not helping rate rises
As the Reserve Bank mulls a 14th rate hike, freshly minted governor Michele Bullock has warned current levels of wages growth are unsustainable.
More rate rises flagged by RBA
The risk of more rate hikes in the months ahead would have increased had the RBA opted against increasing rates on November 7, fresh meeting minutes have revealed.
One group spending big in cost crisis
While the majority of Australians are cutting back amid skyrocketing costs, one group is spending big.
Expert erupts over lie being sold to Aussies
A population expert has taken aim at a new suggestion during the cost of living crisis, claiming it gives “oversimplified” advice to renters.
Top economist’s brutal call on Aussie housing
A leading economist has branded Australian housing a “misery machine” — and pointed to a simple fix for the current crisis.
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