Fresh blow to rate cut hopes
With prices rebounding over the March quarter, investors and economists pushed out their timeline for rate cuts by the Reserve Bank.
With prices rebounding over the March quarter, investors and economists pushed out their timeline for rate cuts by the Reserve Bank.
Ahead of consumer price figures for the March quarter, the benchmark notched its second session of gains.
All eyes will be on fresh inflation data to be released on Wednesday which will be critical to the Reserve Bank’s deliberations on rate cuts.
All eyes will be on fresh inflation data to be released on Wednesday which will be critical to the Reserve Bank’s deliberations on rate cuts.
A vitamins and supplements behemoth has been saved by pet products and a Chinese online shopping bonanza as store foot traffic in Australia plunged.
The Australian sharemarket closed substantially lower, with all major sectors losing ground and one company being ‘crucified’ for its full-year results.
The retailer behind Katies, Noni B and other well-known fashion brands has shut dozens more stores and warns others will follow.
An Australian plus size women’s fashion label has been urged to return millions in JobKeeper assistance after reporting a massive jump in profits.
Australia has recorded a surprise rise in wages growth, with economists putting it down to the country’s swifter than expected economic recovery.
One of the country’s largest supermarket retailers has posted a major bump in profit due to the ongoing shift to essential spending during the pandemic.
West Australian gaming authorities have landed the latest blow to Crown Resorts and its desire to lure VIP high rollers to Perth casino.
Australian shares ended Tuesday higher with large gains seen in the mining and energy sectors due to rising commodity prices.
The country’s largest job listings website has appointed a new chief executive and revealed its intentions to sell off its Chinese business.
Premier Daniel Andrews says a royal commission into Crown will solely look at whether the state’s largest employer under one roof is still fit to hold a gaming licence.
Original URL: https://www.goldcoastbulletin.com.au/business/breaking-news/page/197