Aussie shares jump on Fed cut fever
The local sharemarket lifted on Monday as buoyant investors cheered the prospect of a September rate cut in the world’s largest economy.
Economy
‘Survival of the fittest’: Lucky Country’s over
Soaring cost of living has turned the country into “survival of the fittest”, as Aussies share their brutal stories.
Qantas, Virgin on notice after turmoil
Bonza’s collapse and Rex’s uncertain future has left a gap for consumers and given more power back to Qantas and Virgin airlines.
Big win coming for airline passengers
A new agency will be set up to monitor airlines and help customers receive cash refunds for delayed or cancelled flights.
Petrol prices at a 13-month low
Petrol prices across multiple cities have reached 13-month lows, with some cities reporting peak drops of more than 40 cents.
One in seven facing insurance stress
The number of Aussie households struggling to pay for home insurance has jumped by more than 30 per cent as premiums spike due to the risk of natural disasters.
One in seven facing insurance stress
The number of Aussie households struggling to pay for home insurance has jumped by more than 30 per cent as premiums spike due to the risk of natural disasters.
’Kick in the teeth’ for struggling Aussies
As the big four Australian banks continue making billion-dollar profits, more and more families are falling behind on their house payments.
Huge change for millions of workers coming
Massive changes to workplace laws kick in August 26 which will allow millions of employees to ignore calls from the boss out of hours.
‘Strange’: Kamala steals iconic Aussie idea
When Kamala Harris unveiled her policy platform for the upcoming US election, many Aussies were left with a strange sense of deja vu.
Major milestone in nuke subs dream
A major milestone has just been hit in Australia’s ambition to acquire nuclear-powered submarines.
Fresh hope for embattled airline
A judge has granted the administrators of Rex Airlines more time to find a buyer for the embattled airline, with possible offers already in the pipeline.
Huge step to reform ‘crucial institution’
Treasurer Jim Chalmers has called for support from the Coalition to create a separate Reserve Bank board that will solely be responsible for cash rate decisions.
’Betrayal’: Disability anger at NDIS overhaul
Members of the disability community have reacted angrily to the passing of NDIS reforms to rein in spending blowouts, after an emotional debate.
’Betrayal’: Disability anger at NDIS overhaul
Members of the disability community have reacted angrily to the passing of NDIS reforms to rein in spending blowouts, after an emotional debate.
Aussie shares extend ripping winning streak
The Australian sharemarket advanced for a 10th consecutive session on Thursday, marking the longest rally in stocks since 2015.
‘Too important’: Aged care deal ongoing
Changes to aged care, which may see older Australians paying more, will have to wait for at least another fortnight as negotiations continue with the Coalition.
Why $100,000 a year isn’t enough anymore
Making $100,000 a year used to be a kind of salary holy grail for a lot of Aussies, but the country’s cost-of-living crisis has changed that completely.
Aussie rich-lister makes $2.1bn in a day
One of Australia’s richest people became $2.1bn better off on Wednesday as his tech firm led the Australian share market.
Major bank slashes fixed interest rates
Another of the major Aussie banks has cut mortgage rates, helping people scraping together repayments or a house deposit.
Controversial $30b solar project approved
The solar farm is expected to cost billions in taxpayer funds, however, most of the power won’t be going to Australian homes.
‘Terrible year’: Domino’s financials fall flat
Domino’s investors opening the yearly results are having a tough time digesting the cold, soggy returns.
Dire warning for ‘stagnant’ Aussie jobs
The Australian economy is growing at its slowest rate since a sharp recession in the early 1990s and it’s particularly bad news for white-collar workers.
Mining giant looks at Indonesia after collapse
Australia’s biggest mining company is reportedly looking at Indonesia’s nickel industry following the shut down of its vast nickel operations in Australia.
Key reason 750,000 homes needed now
Government inaction into housing stress continues to leave millions of Aussies at risk of homelessness, according to researchers.
Bad news for Aussies if Trump wins election
The world is facing the very real possibility of a second Donald Trump presidency – and it would have huge impacts on Australia.
Pain coming as recession point ‘triggered’
New US jobs data has just dropped and it’s not great reading with a key indicator of a recession being imminent.
‘Nowhere to hide’: ASX loses $59bn
There was ‘nowhere to hide’ for traders on Friday as the ASX saw $59bn evaporate by the closing bell.
Concerning trend for major Aussie city
One Aussie city is seeing a concerning trend, with office vacancies at an all-time high as workers refuse to return to the office.
ASX notches consecutive record closes
The ASX200 has notched a consecutive record closing high on Thursday.
‘Not happening’: Grim sign we’re in trouble
A new set of data has revealed worrying details about the state of the Aussie economy, with households set to be squeezed even further.
Dire reality in cost of living crisis
Wide-reaching research has found the seemingly essential things Aussies are going without in the cost of living crisis.
ASX reaches another record high
The Aussie sharemarket marked another record high as investors responded positively to the news that inflation came in below expectations.
Inflation news none of us saw coming
Inflation has hit 3.8 per cent for the June quarter, but some economists say that figure has given the Reserve Bank room to keep rates on hold.
Worst news for struggling homeowners
Economists are divided on what happens next with interest rates with some saying they need to go as high as 5 per cent.
Inflation figures to give big hint on rates
The June quarter inflation data will be released on Wednesday morning, giving pundits a clearer idea of whether the RBA will seek to hike rates next week.
Inflation figures to give big hint on rates
The June quarter inflation data will be released on Wednesday morning, giving pundits a clearer idea of whether the RBA will seek to hike rates next week.
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.
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.
Original URL: https://www.heraldsun.com.au/business/economy/page/2