ASX soars on big bank’s mega earnings
The Australian sharemarket closed at a record high on Wednesday off the back of strong share price growth from the major banks.
Australian Dollar
CBA announces eye-watering profits
CBA has announced an eye-watering half-yearly profit despite citing cost-of-living concerns for customers.
ASX flat on latest tariff news
A major fall in the healthcare sector dragged the ASX 200 down as the market factored in the latest update in US President Donald Trump’s tariffs.
200k Aussies rail against cashless society
A petition to save cash through guaranteeing access to the tender and relevant banking services has surpassed 200,000 signatures.
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Coles slammed over mass product cull
Nationals leader David Littleproud has hit out at Coles after the supermarket giant flagged a cull in its product range, claiming prices at the checkout would rise.
ASX snaps two day losing streak
The Australian market broke a two-day winning streak on Wednesday as markets saw through US-China trade tensions.
Chinese tariffs shake Aussie market
The Australian markets had a promising trading day until the last hour when news broke that China and the US had failed to negotiate on tariffs.
ASX 200 hammered on Trump tariffs
Nearly $50bn was wiped off the Australian sharemarket on Monday as fears of a trade war led by US President Donald Trump tariffs ripped through the local market.
Aussie sharemarket closes on 100 day high
The Aussie sharemarket has closed on a 100 day high, led by consumer discretionary stocks as investors factor in rate cuts.
‘It’s on’: Major bank expects Feb rate cut
In welcome news for mortgage holders, a third major bank is now expecting a rate cut in February following lower-than-expected inflation data.
‘It’s on’: Major bank expects Feb rate cut
In welcome news for mortgage holders, a third major bank is now expecting a rate cut in February following lower-than-expected inflation data.
ASX 200 trades flat as Wall Street falls
A smaller tech sector exposure and a strong performance from consumer discretionary stocks saw Australia finish marginally in the red, despite a sell off on Wall Street.
Rate cut in February hangs on this figure
Struggling borrowers could finally get a rate cut in February, with inflation tipped to fall faster than the Reserve Bank has been expecting.
Major retailers drive Aussie market surge
Major retailers were responsible for the Aussie sharemarket closing just shy of a record high – with the dollar also climbing to a new peak.
Original URL: https://www.goldcoastbulletin.com.au/business/markets/australian-dollar/page/2