Beleaguered Aussie airline suspends sales
Following Rex’s decision to halt trading on the ASX, the carrier’s latest move has signalled more strife is headed for the airline.
Economy
Aussie shares retreat on mining slump
The sharemarket retreated on Tuesday on the back of a sharp mining slump.
Grim warning after latest housing figures
New data shows building approvals have stuck at near decade lows despite a modest uptick in the first half of the year, with NSW dragging down other states.
Grim warning after latest housing figures
New data shows building approvals have stuck at near decade lows despite a modest uptick in the first half of the year, with NSW dragging down other states.
Aussie shares lift on Wall St rebound
Aussie shares booked a positive session on Monday on the back of a relief rally from Wall St on Friday.
‘Really tough’: Dark storm hitting Aussies
There’s a growing cloud of insolvencies ripping through Australian business and one cafe owner says he can’t catch a break.
‘Trouble’: Chilling issue hitting Japan
It’s a problem across the world and government’s are struggling to solve it. It could mean a drop in living standards for everyone.
‘Forced birth’: Shock detail in leaked doc
One tiny detail in a leaked government document has revealed China’s massive backtrack in one key area, setting alarm bells ringing.
Aussies warned as hopes of rate cut fade
More pain could be on the way for mortgage holders and the Albanese government, with an all-important data release tipped to show ‘persistent inflation’ in the economy.
Rent change that will upset bad landlords
A massive change for renters in one Australian state promises to help tenants “build a home and a life on surer ground”.
Aussie shares dive on Wall St bloodbath
The Australian sharemarket slumped into a sea of red on Thursday as a gruesome tech rout on Wall St crippled confidence.
‘Recalcitrant’ Albo to shake up ministry
The Opposition says Labor’s factional system means Anthony Albanese won’t be able to announce the best team in his ministerial reshuffle on Sunday.
Albo ‘really proud’ of tax cuts
Anthony Albanese says a respected forecaster’s latest report pointing to a ‘fork in the road’ moment for the economy has endorsed his government’s policies.
Trump could plunge Australia into recession
There are increasing warnings that Australia could be plunged into a nightmare scenario if Donald Trump becomes president and a battle emerges with China.
150,000 still at risk of Triple-0 blackout
An approaching signal shutdown could knock out triple-0 calls for a huge number of Aussies, a leading telecommunications giant has warned.
Aussie shares dip lower in cautious trading
The Australian sharemarket edged lower on Wednesday as investors opted for caution following days of political chaos.
Bunnings hits back on lead poisoning claim
Bunnings has hit back at claims from union workers they may have been exposed to dangerous lead levels after purchasing products at one of its stores.
‘Extreme pressure’: Interest rates bite
Aussies are being hit with “extreme pressure” from the cost of living crisis with millions facing an impossible choice.
Aussie shares rebound on Wall St uplift
The Australian sharemarket has lifted to break a three-day losing streak on Tuesday on the back of an tech-led Wall St rebound.
Massive threat issued to tech giants
The eSafety Commissioner has officially put the tech giants on notice: Do more to protect Aussie kids or cop massive fines.
Big bank’s shock gift to home buyers
One of Australia’s biggest banks has just delivered a big gift to Aussies desperate to lock down a home of their own.
Aussies shares fall on US chaos, mining slump
The fallout from the CrowdStrike global tech outage and US President Joe Biden’s decision not to run again have helped push down the Australian sharemarket on Monday.
‘Sprawling’ crisis leaves Aussies on brink
New analysis has revealed key Aussie workers are being priced out of homes further and further away from the city, as the rental crisis begins to “sprawl”.
How some Aussies will get $21k super bump
New forecast shows the average Aussie will be $21,000 richer in retirement after change in payments from this month onwards. Here’s why.
Australia’s major win if Trump gets back in
The second coming of Donald Trump may be more economically difficult for Australia than the first. However, it’s not all bad news.
‘Be careful’: Chilling warning amid IT crisis
Minister for Home Affairs Clare O’Neil says there have been reports of phishing scams amid the CrowdStrike IT outage.
What services are still out across Australia
Many people are still struggling after a global IT outage left airlines, banks and businesses scrambling.
Aussies shares dive on Wall St tumble
A run-up in Aussie shares came to a halt on Friday, with a Wall St rout and mining sell off pushing the market into a sea of red.
ASX retreats after record high
A day after setting a new 52-week high, the Aussie sharemarket retreated at the closing bell on Thursday.
‘Super-flop’: Albo’s energy plan panned
Twiggy Forrest’s announcement of job cuts affecting his ambitious green hydrogen project shows the failure of the government’s energy plan, the coalition says.
Huge call ahead of RBA rate decision
Analysts have largely agreed on how Thursday’s job data release will affect the Reserve Bank’s cash rate decision in two weeks time.
Huge call ahead of RBA rate decision
Analysts have largely agreed on how Thursday’s job data release will affect the Reserve Bank’s cash rate decision in two weeks time.
Popular brand to close 17 stores
Accent Group will close half of all Glue Store locations across Australia.
Grim outlook on mortgage repayments
Banks are expecting more mortgage holders to go into arrears as households struggle with elevated interest rates and inflation.
Two reasons Aussies are ditching streaming
One of Australia’s largest banks has crunched the numbers to show Aussies are pulling back on streamers and ‘micro treats’ to maintain spending on the two key things that are most important to them.
Aussie shares rise on feverish Wall St rally
The Australian sharemarket lifted on Wednesday on the back of a rising Wall St bull run.
1.2m new home dream already slipping away
The latest numbers on new home starts are out and it isn’t good news for battlers struggling to live the Australian dream.
Bowen flags batteries, EVs next priority
Energy Minister Chris Bowen said households could soon be further incentivised to buy into batteries or be able to use an EV to charge the home.
Bowen flags batteries, EVs next priority
Energy Minister Chris Bowen said households could soon be further incentivised to buy into batteries or be able to use an EV to charge the home.
Australia adding ‘a migrant every minute’
Australia is adding a migrant “every single minute” as new figures suggest the PM’s promise to return to “sustainable” levels has already been broken.
Aussie shares slip on dark China numbers
Some dark economic data out of China triggered a sell-off in heavyweight mining stocks on Tuesday, pulling the Aussie market down from record highs.
Kean’s call to arms on clean energy
Incoming climate change tsar Matt Kean has called on the clean energy industry to take up the fight to the ‘climate change denialists’.
Aussie shares soar to crack 8000 barrier
Aussies shares continued to rally higher on Monday, crossing the 8000 threshold for the first time in history on speculation of imminent rate cuts in the US.
Chalmers hints at ‘mid-teens’ surplus
Treasurer Jim Chalmers says he is expecting Australia’s surplus to grow beyond the $9.3bn forecast in the budget, with the exact figures set to drop in September.
Chalmers hints at ‘mid-teens’ surplus
Treasurer Jim Chalmers says he is expecting Australia’s surplus to grow beyond the $9.3bn forecast in the budget, with the exact figures set to drop in September.
‘Shocking waste’: Grim figure in rental crisis
New analysis has revealed the shocking number of vacant homes in one of Australia’s biggest cities, as renters struggle to find somewhere to live and prices skyrocket.
Aussie shares hit record high on Fed fever
The Australian sharemarket has closed out the week on a record high as investors position themselves for imminent US Federal Reserve rate cuts.
Mining meltdown puts 2500 jobs in limbo
Australia’s largest company will suspend its vast nickel mining operations, putting up to 2500 jobs in limbo.
Young man’s act stuns Sydney commuters
A university graduate whose months-long search for a job has been fruitless shook things up on a Sydney train.
Aussie shares soar on Wall St euphoria
The benchmark ASX200 has flown close to record highs on Thursday following a huge night of trading on Wall St.
Original URL: https://www.heraldsun.com.au/business/economy