ASX slumps on iron ore, energy woes
The Australian sharemarket fell sharply in a ‘punchy session’ to start the week, dragged down by a selloff in the energy and materials sectors.
The Australian sharemarket fell sharply in a ‘punchy session’ to start the week, dragged down by a selloff in the energy and materials sectors.
Jim Chalmers has amped up his tax cut sell, revealing the group of Aussies expected to pocket an average of $3000 amid renewed concerns on the inflation fight.
Australian equities rose modestly on Friday to cap off a positive week buoyed by Wall St gains.
Wall St hit fresh highs overnight but it wasn’t enough to lift Aussie equities, with the ASX200 drifting lower on extended weakness in China.
A Sunshine Coast couple who sparked backlash after claiming they struggle to stay afloat on Jobseeker have come under scrutiny.
Project Host Waleed Aly says the emergence of a “working poor” in Australia, who cannot afford to heat their homes or pay for groceries, is a “frightening” thing.
One of the nation’s most popular vehicles is about to become a lot harder to buy next month.
It’s a small detail in Labor’s budget, but this number could set the path for Australia’s housing crisis and it’s a worrying forecast.
The Opposition has labelled the latest budget a “disappointment” as they claim one group of people “won’t receive one cent”.
Green’s leader Adam Bandt has delivered his post-budget reply, claiming Labor’s budget is a ‘betrayal of renters, students, jobseekers, young people’
The big-spending federal budget has increased the risk of two more interest rate hikes in coming months, homeowners were warned today.
The Prime Minister is digging in over the one thing that was left out of the budget.
Treasurer Jim Chalmers has answered the biggest question about the federal budget as he defends his plans for Aussies.
A grocery haul has revealed a huge problem that millions of Aussies are facing and the government isn’t helping them with the issue.
Original URL: https://www.goldcoastbulletin.com.au/business/economy/federal-budget/page/44