Back-to-back rate cuts as nation slides into ‘recession’
Australians will likely get a rate cut sooner than expected, with the quarterly national accounts coming in weaker than market estimates.
Markets
Back-to-back rate cuts as nation slides into ‘recession’
Australians will likely get a rate cut sooner than expected, with the quarterly national accounts coming in weaker than market estimates.
‘Nothing to be happy about’ after weak GDP data; CBA hits record
CBA hits high of $181.39. Slow economic growth undershoots forecasts. Mixi lifts PointsBet bid amid due diligence by rival suitor Betr. Star accused of breach of money laundering laws.
ASX extends run as it approaches highest
Share market bellwether Commonwealth Bank rose to a record Australian high on Wednesday, helping to drag the market higher.
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‘Sombre picture’: Bleak forecast for economy
Australia’s economy is showing more signs of weakening ahead of GDP figures being released on Wednesday.
ASX slips after last tariff update
Cautious investors dragged the ASX 200 lower during Monday’s trading on the back of the latest developments from the White House as well as growing geopolitical tensions.
Housing market picks up; Brickworks, Soul Patts soar
House prices and auction clearances rose in May. 25 years late, but corporate raider happy with Washington H Soul Pattinson move on Brickworks. Billionaire’s $1bn-plus gaming bid.
Older daters warned of financial pitfalls
Older Australians entering the dating scene are being urged to be “pragmatic” and make sure they have proper plans in place before combining finances.
Big call after Trump’s tariff blow
Donald Trump has stoked outrage after doubling the levy on Australia’s steel exports – but there still might be a “pathway” for an exemption.
ASX has best month since January
A bounce in the major banks and consumer staples in trading on Friday has helped drive the ASX to its best month since January.
Healthscope deal lifts HealthCo; James Hardie’s golden parachute
HealthCo’s record jump after HMC Capital defers Healthscope rents. Big payouts for AZEK executives in controversial James Hardie buyout. Sigma’s best days ‘behind it’. Trump team plots Plan B on tariffs.
Trump tariff uncertainty keeps investors on sidelines
The White House has appealed the US Court of International Trade’s rejection of US President Donald Trump’s ‘unbounded authority’ in imposing his Liberation Day tariffs. Australia is reviewing the decision.
Original URL: https://www.couriermail.com.au/business/markets/page/2