Shares rise despite Budget blowout
Australian shares end higher on Thursday despite confirmation from government the federal Budget was in its worst shape since World War II.
Australian shares end higher on Thursday despite confirmation from government the federal Budget was in its worst shape since World War II.
Rising COVID-19 cases and fears of a second wave in Victoria and New South Wales have prompted local sharemarkets to close lower.
Westpac’s chief economist Bill Evans outlines why he believes the Australian dollar will continue to rise for the remainder of the year.
Retail and travel stocks fell on Wednesday as the Victorian lockdown continues to threaten Australia’s economic recovery.
THE Australian dollar has rallied above 93 US cents after a sharp sell-off in the greenback.
Original URL: https://www.dailytelegraph.com.au/business/markets/australian-dollar/page/133