1.2m new home dream already slipping away
The latest numbers on new home starts are out and it isn’t good news for battlers struggling to live the Australian dream.
The latest numbers on new home starts are out and it isn’t good news for battlers struggling to live the Australian dream.
Some dark economic data out of China triggered a sell-off in heavyweight mining stocks on Tuesday, pulling the Aussie market down from record highs.
Aussies shares continued to rally higher on Monday, crossing the 8000 threshold for the first time in history on speculation of imminent rate cuts in the US.
The Aussie dollar surged this month in multiple countries, giving travellers the confidence to head overseas to spend their hard-earned cash.
In a week dominated by expectations of rate cuts from the US Federal Reserve in 2024, a rally in mining and energy stocks pushed the benchmark to a 20-week high on Friday
An Australian bank has delivered a surprising gift to new home hunters just before Christmas.
The Aussie share market finished sharply higher on Thursday after the US Federal Reserve kept rates on hold and signalled cuts in the months ahead.
The ASX has closed flat but the big news is the surge in Sigma Healthcare’s share price on continued merger news with Chemist Warehouse Group.
Ahead of key US inflation data to be released on Wednesday night, the ASX finished higher for the third day in a row, buoyed by a rise in interest rate sensitive stocks.
A mixed session saw the local share market finish flat on Monday as a jump in energy stocks and a fall in the material sectors pulled the bourse in both directions.
A major energy project is under investigation after workers flagged safety failures, including unhygienic worksites that lack toilets, soap and sanitiser.
Australia’s population is set to get bigger and older as a relentless immigration boom adds millions more to the country even as natural births decline.
As new data showed the economy “hit the wall” in the September quarter, traders ramped up their bets the RBA would start cutting rates, sending the share market higher.
As household borrowers breathed a sigh of relief as the RBA held off on another rate hike, the Aussie share market had its worst daily result in more than a month.
Original URL: https://www.dailytelegraph.com.au/business/markets/australian-dollar/page/25