ASX climbs on soft CPI data
After fresh inflation data showed price pressures cooling faster than expected, the share market finished in the green on Thursday.
Breaking News
Sign borrowers will be spared rate rise
In welcome news for borrowers, price pressures eased in October ahead of the Reserve Bank’s final rates call for 2023.
Borrowers ‘very unhappy’ with us: RBA
New RBA governor Michele Bullock has made a frank admission, conceding borrowers are displeased with the central bank after its punishing rate hikes.
ASX rebounds ahead of October CPI
Ahead of the release of fresh inflation data, which is expected to show prices eased in October, the Aussie share market rallied on Tuesday.
More Stories
Biden ‘could fix Australia-China relationship’
Explosives giant Orica hopes US President-elect Joe Biden proves a ‘circuit breaker’ to the souring trade relationship between Australia and China.
Surprising effect of horror year
A new report has reached a surprisingly pleasant conclusion about Australians’ financial health, despite the ravages of the coronavirus pandemic.
Aussie retail spending soars
Australia’s retail trading rebounded last month as a fully opened Victoria and record sales from Black Friday helped provide a spending sugar hit.
Supermarkets bring back TP buying limits
Australia’s major supermarkets have brought back purchase limits on toilet paper across greater Sydney as the northern beaches COVID cluster grows.
ASX slips as Sydney’s virus cluster grows
The ASX closed slightly lower due to shakier sentiment amid the growing coronavirus cluster in Greater Sydney.
Lorna Jane sued over ridiculous virus claim
Popular sportswear brand Lorna Jane has been hit with a lawsuit over alleged false claims its activewear could ‘kill coronavirus’.
Sydney shelves stripped as panic spreads
Panic buying has begun on Sydney’s besieged northern beaches, but the big supermarkets have urged their customers not to follow suit.
Growing virus fears dent ASX confidence
The local sharemarket has slumped after a growing coronavirus cluster in Sydney’s northern beaches caused new fears of further lockdowns.
Industry still vulnerable to pandemic
One of Australia’s major banks says the Sydney COVID-19 outbreak highlights how vulnerable the industry is to the pandemic.
ASX keeps climbing higher
Stronger commodities prices and positive economic data pushed the ASX higher but travel stocks struggled amid a surge in COVID-19 cases in NSW.
Original URL: https://www.heraldsun.com.au/business/breaking-news/page/190