ASX flat despite looming rate hike
Despite a surprise 1.2 per cent reacceleration of inflation in the September quarter, the Aussie share market closed flat.
Breaking News
‘Won’t hesitate’: RBA boss warns on rate hike
In her first prepared address as RBA governor, Michele Bullock has revealed the extreme pressure faced by some Aussie homeowners, but warns it won’t stop the board raising rates if necessary.
ASX up as miners, energy producers rise
Losses in health and consumer stocks were offset by gains from miners and energy producers to send the benchmark higher on Tuesday.
One item Aussies are cutting back on
Aussies are cutting back on holiday plans, eating out and coffees as the cost of living crunch continues.
More Stories
‘Tsunami’ of businesses could get payout
A court ruling that insurers will have to pay out COVID-19-related business interruption policies could lead to a tsunami of claims.
Huge penalty for rent-for-life scam
A ‘gatekeeper’ who played a big role in a rent-for-life scam which ripped people off and left some homeless has been slapped with a huge penalty.
Jobs data boosts ASX
The ASX clawed higher despite a negative US lead, with far better than expected jobs data keeping the market on track for its best month in 32 years.
Crown resists new Packer proposal
Crown Resorts is resisting a big call against James Packer, saying it isn’t necessary now the relationship between the two is ‘stock standard’.
25,000 more Aussies looking for work
The Australian Bureau of Statistics has revealed the latest unemployment figures that coincide with the easing of support measures.
ANZ cut a ‘hard pill to swallow’
ANZ savers have been dealt a major blow, with the big-four bank slashing savings rates in a move described as a ‘hard pill to swallow’.
Barangaroo casino opening delayed
The opening of Crown Resorts’ new Sydney casino has been delayed after a huge admission at the inquiry into whether it is fit to run the development.
Woolworths limits stock in SA
Major supermarket chain Woolworths has reinstated purchase limits as shoppers panic buy following SA’s lockdown announcement.
ASX soars to pre-lockdown highs
The ASX has leapt to heights not seen since late February before the coronavirus pandemic took hold, shrugging off negative leads from overseas markets.
All NAB branches shut after bomb threats
The National Australia Bank has been forced to close its branches nationwide after it received multiple bomb threats, police have confirmed.
Original URL: https://www.goldcoastbulletin.com.au/business/breaking-news/page/200