Aussie economy’s major breakthrough
Australia’s economy might be hitting a turning point on the back of better household spending – but economists are warning more work needs to be done.
Breaking News
ASX 200 trades flat as Wall Street falls
A smaller tech sector exposure and a strong performance from consumer discretionary stocks saw Australia finish marginally in the red, despite a sell off on Wall Street.
Rate cut in February hangs on this figure
Struggling borrowers could finally get a rate cut in February, with inflation tipped to fall faster than the Reserve Bank has been expecting.
Hopeful sign for struggling businesses
Businesses are reporting overall better conditions at the end of 2024, with retailers benefiting from a big holiday spending boost.
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Insane cost just to send your kid to school
The cost of living crisis is extending to schools, with households making a number of sacrifices to send the kids back to school.
One thing that can stem collapse crisis
The number of Aussie businesses collapsing due to a ballooning tax debt has soared, as owners cling to hope for one thing that can turn their fortunes around.
Tanking dollar sparks fear in Aussies
Aussie households are increasingly worried about a weakening currency and their job outlook, as the wait for an interest-rate cut becomes unbearable.
ASX jumps on US tariff hopes
Australia’s share market finished in the green on Tuesday, led by the major resources and property stocks, and a surprise report out of the US.
Why Aussie dollar fall could cost homeowners
The chances of an interest rate cut in early 2025 are falling faster than the Aussie dollar, with experts saying the drop in our currency could cause the Reserve Bank to baulk at a cut.
ASX slumps on US job figures
Banks, consumer discretionary and information technology stocks have slumped during a broad market sell-off on Monday.
Huge number of Aussies to quit jobs over cash
Millions of Aussies doing it tough are looking to change their job in the new year, with most in search of more money.
Why parents are sending themselves broke
Aussie parents are putting their financial futures on the line as their support becomes a virtual essential for their adult children to make this key purchase.
The news homeowners have been waiting for
Another major bank says a February rate cut is on the cards, with ANZ making a big change to its expectation of when Aussie mortgage holders will get a reprieve.
ASX falls during Friday’s trading
A share sell-off in the banking and consumer staples sectors saw the Australian market trade heavily in the red on Friday.
Original URL: https://www.dailytelegraph.com.au/business/breaking-news/page/7