‘Cruel’ blow dealt to Aussie mortgagees
Aussie mortgage holders have been dealt a “cruel” blow after the RBA held the official cash rate – and they will need to wait longer to see the fruits of earlier rate cuts come into effect.
Markets
Miners soar, ASX falls on Trump move
A surge in mining stocks was not enough to drag the ASX 200 higher as every other sector slumped on the latest move by US President Donald Trump.
Fresh tariff jitters offsets strength in miners
Lynas, Iluka rocket as US peer scores rare earths deal with Pentagon. JLG boss and major shareholder’s big windfall in Pacific Equity Partners’ $1bn buyout. National Storage’s buy-up of Abacus continues. Property sector sinks as Macquarie downgrades on ‘expensive’ valuations.
Aussie shares lift on iron ore rally
A Wall St rally and a lift in the big iron ore miners has buoyed the Australian sharemarket on Thursday.
More Stories
Oil prices jump, stocks jittery on Israel’s Iran strikes
Crude prices lift as strikes on Iran send commodities higher. Rio’s jointly-owned Tomago smelter in rescue talks. Accent smashed on profit warning. Woodside, Labor extend NW Shelf consultation.
ASX slides on latest Trump move
A spike in crude oil and gold was not enough to lift the ASX 200 as the banks slid during trading on Thursday.
ASX 200 turns lower; Cettire at record low
Cettire hit by US tariffs, lux market woes. Energy producers lift on oil price jump. Westpac tips two RBA rate cuts in 2026. Cochlear downgrade weighs. ASX warns on rising costs, tweaks guidance.
CEO resigns after second Monash IVF bungle
The CEO of embattled fertility firm Monash IVF has stepped down just days after a second embryo bungle was revealed.
3000 patients hit by shock collapse
Aged care and disability services provider Annecto is shutting down after 70 years in business, putting the care of more than 3000 people in limbo.
ASX extends record breaking run
Cautious investors lifted the ASX to a second consecutive record high on Wednesday, as “productive” trade talks continue.
ASX 200 trims gains after all-time high
ASX ends flat after record high. CBA falls after record high. Qantas down after decision to close Jetstar Asia. Zip, Fletcher Building top gainers. US, China trade negotiators reach ‘framework’ for Geneva agreement. US appeals court extends Trump tariff win.
Aussie shares bounce to record high
Australia’s sharemarket has surged to a record high shortly after the opening bell, as investors grow giddy about a possible trade deal.
6000 jobs at risk as smelter nears collapse
Rio Tinto’s mammoth Tomago aluminium smelter is reportedly close to collapse, putting some 6000 jobs at risk.
‘Dumb’: Trader unleashes as CBA explodes
Commonwealth Bank stunned the world with a record valuation that dwarfed even Wall Street’s biggest banks. But not all is what it seems.
Original URL: https://www.dailytelegraph.com.au/business/markets/page/8