ASX drifts lower in ‘directionless’ trading
The Australian sharemarket fell lower on Tuesday after weak retail sales data hit discretionary stocks.
The Australian sharemarket fell lower on Tuesday after weak retail sales data hit discretionary stocks.
The latest retail trade figures have revealed that many Australians are keeping a close eye on their spending in the retail sector.
The latest retail trade figures have revealed that many Australians are keeping a close eye on their spending in the retail sector.
Ten of 11 industry sectors ended in the green on Monday in a rebound ahead of crucial retail and inflation data.
Many will be breathing a sigh of relief following the RBA’s decision not to increase interest rates this month – but there was a sting in the tail.
The Reserve Bank is now “impotent” and more rate hikes, as foreshadowed in Tuesday’s decision, will do nothing to further tame inflation, an economist says.
A group of protesters have gathered outside the Reserve Bank as Philip Lowe hands down his latest decision on interest rates.
Bucking economists’ predictions, the RBA has kept the official cash rate on hold. Here’s how the banks have reacted.
A financial expert says while an impending rate hike could be unwelcome news, a looming economic slump could be a glimmer of hope.
A Labor frontbencher took over the role of interviewer during a fiery morning show appearance ahead of the RBA’s interest rate call.
It’s an argument older Aussies love to trot out again and again – but it’s only telling part of the story, and younger people have had enough.
Some homeowners face a 63 per cent increase in their monthly mortgage repayments as they are hit with much higher rates.
Interest rates on savings accounts are heading for record highs, but there’s usually a catch that Aussies should be aware of.
Mining will ‘underpin” Australia’s economic transformation to a renewable energy superpower in a generational opportunity for the country, Treasurer Jim Chalmers has declared.
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