CBA hits record; wage rise ‘modest drag’ on inflation
RBA well placed to ‘respond decisively’ to international developments. Fair Work Commission grants above-inflation 3.5pc wage rise. NAB cuts economic forecasts. IDP Education dives 46 per cent.
Markets
RBA’s worst case scenario revealed
The fallout from US President Donald Trump’s tariffs could have a severe impact on the Australian economy, worst-case modelling from the RBA reveals.
‘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.
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WiseTech lifts on US buy; Trump order fires up uranium stocks
Investors back WiseTech’s $3bn e2open deal. No taxpayer bailout for Healthscope: Butler. Deep Yellow, Paladin, Boss top gainers on US president’s nuclear focus. AUD at six-month high as US dollar falls. Miss on earnings weighs on Elders.
Aussie millionaire falls victim to Bali scam
An Aussie influencer has revealed how he lost $6.2 million in a Bali scam.
Aussie market dips on US tax jitters
Australia’s sharemarket dipped after setting a 50-day high, with growing unease over US spending plans sparking a cautious turn among global investors.
‘Hope’: Huge leap in dementia treatment
A breakthrough drug expected to give back years to hundreds of thousands of Australians suffering through a debilitating disease has been approved.
Big bank to cut 1500 jobs in huge cull
One of Australia’s biggest banks is reportedly about to swing the axe on an estimated 1500 jobs in a massive redundancy cull.
ASX gains on surprising RBA tone
Australia’s sharemarket traded higher on Tuesday after the Reserve Bank of Australia left the door ajar for more rate cuts.
ASX jumps on rate cut call
ASX investors have kept the ASX winning streak alive during Friday’s trading thanks to a surge in property and healthcare stocks.
Mixed day for Big Four; Paladin leads uranium falls
CBA hits intraday record of $172.92, surges past best ‘fair price’ estimates. What to expect from the RBA next week. Trump’s week of Arab bromance. David Dicker steps down from Dicker Data.
Original URL: https://www.couriermail.com.au/business/markets/page/4