Blue chip earnings ‘recession’ continues
Australia’s biggest companies are tipped for a third consecutive year of falling profits, with an expert warning the market is overvalued and ‘something has to give’.
Breaking News
Bank launches ‘no catch’ savings account
An Australian bank is going “old school” and looking to offer customers a banking product that it said had disappeared.
ASX soars on shock jobs figures
Bullish traders pushed the ASX higher as traders banked on a rate cut in August following disappointing employment figures.
Australian dollar in freefall over shock data
The Aussie dollar has plunged after shock new data revealed an unexpected jump in the nation’s unemployment rate.
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Aussie sharemarket closes at record levels
A jump in Chinese manufacturing and anticipation of a rate cut led to the Australian sharemarket closed at an all-time record.
Rate call that major banks agree on
Struggling mortgage holders are tipped to get much-needed rate relief next week, with all four banks now on the same page.
The pub tradition cost of living killed
Shouting a mate a beer at the pub is on the way out thanks to cost-of-living pressures and a technology breakthrough.
Proof Aussies still cautious about spending
Australians are slowly heading back to the stores, but the boost was a lot less than experts were anticipating.
Major bank slashes rates ahead of RBA call
In good news for borrowers, a big-four bank has slashed its fixed interest rates ahead of the July RBA board meeting.
Domino’s boss shock resignation
Embattled pizza giant Domino’s has announced it is looking for a new top boss after its chief executive resigned less than a year into the role.
ASX’s flat start to new financial year
The Aussie sharemarket has traded flat to start the new financial year, despite a strong lead-in from Wall Street.
Major blow to first-home buyers
Australia’s housing market reached a new record high last financial year, adding further pressure to would-be buyers.
ASX nails 10pc financial year gain
The ASX 200 gained 10 per cent in the financial year after with healthcare and consumer discretionary stocks driving the market higher on Monday.
‘Un-Australian’: GST change set to cost $60bn
Australia’s budget is set to be hit with a $60bn blowout, as one state had the country by the “shorts and squeezed as hard as they could”.
Original URL: https://www.dailytelegraph.com.au/business/breaking-news/page/9