Aussies react to massive interest rate cut
The world’s biggest economy has just cut interest rates by a “jumbo” 50 basis points. Here’s what that means for Australia.
Australian Dollar
‘Jumbo’ Fed cut boosts Aussie shares
The Australian sharemarket booked a fresh record high on Thursday as investors celebrated the US Fed’s “jumbo” rate cut.
Aussie shares flat before pivotal Fed moment
The local sharemarket traded flat on Wednesday as investors moved cautiously before Thursday morning’s pivotal Fed rate cut decision and the release of key jobs data.
Aussie shares hit fresh record on Fed fever
The rate cut rally in Australian shares continued on Tuesday, with the local bourse hitting fresh highs once again as it booked a fourth consecutive session in the green.
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ASX drops as oil plunges
A drop in global oil prices has hit the Australian share market, pushing the benchmark lower on Friday with energy stocks sliding 1.6 per cent.
Optus parent breaks silence on outage
The parent company behind Optus has denied responsibility for the crippling outage, one day before CEO Kelly Bayer Rosmarin fronts a Senate hearing into the failure.
ASX drop after jobs increase
The Aussie share market sank on Thursday with traders seemingly unphased with the release of fresh employment data.
Aussie airline’s bold new $59 flight
The budget carrier is offering travellers new direct flights to two of Australia’s most spectacular tourist destinations for just $59.
ASX reaches eight week high
A better-than-expected US inflation print overnight pushed the ASX to an eight week high.
‘Silly’: Brawl erupts over new money model
One state’s parliament erupted in a shouting match over how vital roads and bridges will be funded, as the federal government tries to claw back billions in cost blowouts.
Energy, real estate sends ASX lower
A drop in energy and real estate stocks caused the Australian share market to lose ground on Monday.
Aussie suburb with no rentals available
There are now several suburbs across major cities without any spare rooms for desperate renters.
ASX down as Fed spooks investors
A grim warning by US Federal Reserve chair Jerome Powell saw the Australian share market finishing lower on Friday, erasing the week’s gains.
Last Big Bank smacks Aussie homeowners
Australia’s biggest bank is the last of the Big Four to slug Aussie homeowners with another lift in interest rates. Here’s how much you’ll pay.
Original URL: https://www.goldcoastbulletin.com.au/business/markets/australian-dollar/page/36