‘Nowhere to hide’: ASX loses $59bn
There was ‘nowhere to hide’ for traders on Friday as the ASX saw $59bn evaporate by the closing bell.
Economy
Concerning trend for major Aussie city
One Aussie city is seeing a concerning trend, with office vacancies at an all-time high as workers refuse to return to the office.
ASX notches consecutive record closes
The ASX200 has notched a consecutive record closing high on Thursday.
‘Not happening’: Grim sign we’re in trouble
A new set of data has revealed worrying details about the state of the Aussie economy, with households set to be squeezed even further.
More Stories
’Bottom feeders’: Dodgy school crackdown
Dodgy training providers who rort the system and take advantage of international students will be targeted in a new ‘compliance blitz’.
Miners issue warning on business closures
The mining lobby has slammed the government’s proposed changes to workplace rules, claiming the changes could send businesses to the wall.
Why rate cut 2024 dream could be over
Amid warnings from economists, the Reserve Bank will weigh up whether a further rate hike is needed to tame inflationary pressures when it meets on Tuesday.
$1 trillion gamble backfires on China
It was a scheme devised to but China support overseas but the $1 trillion investment has spectacularly backfired on Beijing.
Bad sign for Aussie mortgage payers
It’s the last thing Aussie mortgage payers need as another interest rate rise looms amid a volatile global economy.
‘Urgent’: Batteries recalled on fire risk
Homeowners with solar panels are being warned some popular energy storage batteries could catch fire, cause serious injury or even death.
Chart every Boomer needs to see
There are four big myths about young people that have been busted – and the older generation isn’t going to like it.
$300bn issue in major energy change
The world’s largest mining company is warning global climate change aspirations are at risk because investment in a key ingredient to fuel a green future is too low.
Major change to privacy laws for Aussie kids
Online apps like TikTok could be fined millions for breaching kids’ privacy under tough new laws.
Fresh fear of rate hikes as inflation jumps
Households could be served with another rate hike before the end of the year as surging petrol prices push inflation higher.
Original URL: https://www.dailytelegraph.com.au/business/economy/page/200