New crisis to hit shoppers with higher prices
There’s a growing crisis in Australia’s trucking industry, and shoppers everywhere will be the losers.
Australian Dollar
Mining sell-off pulls down Aussie shares
Mining stocks have weighed down the sharemarket again this week, with the benchmark ASX200 dipping into the red on Wednesday.
Grim warning as tax cuts hit wallets
Aussies will be richer with the arrival of Stage 3 tax cuts, but experts are warning the boost could trigger higher inflation and send mortgage payments soaring.
Aussie stocks fall on iron ore, oil retreat
The sharemarket has started the week on a low note after a retreat in iron ore and oil prices over the weekend.
Slip shows dark turn in Aussie housing
Demand in Australia’s housing market could be easing off, with a shock fall in new lending commitments.
Aussie shares dip in wait for US open
The Australian share market drifted lower in quiet trading on Friday as investors stepped cautiously before Wall St’s big Friday.
Bargain hunters turn out for early sales
The ABS has released its latest data on retail trade and building approvals, and the numbers show a boost for the Aussie economy.
Aussie shares sink on inflation shock, hike fears
The Australian sharemarket tumbled on Wednesday after a shock inflation print sparked fears of a possible rate hike.
Aussie shares leap higher in rebound rally
The Australian sharemarket notched a powerful rebound rally on Tuesday on the back of iron ore and oil price rises and a surge in banking behemoth Commonwealth Bank.
One state Aussies are fleeing to
Finance behemoth Commonwealth Bank has released its latest economic health check on the nation and there is one state blowing everyone else away.
ASX slumps on iron ore, energy woes
The Australian sharemarket fell sharply in a ‘punchy session’ to start the week, dragged down by a selloff in the energy and materials sectors.
ASX gains to close out positive week
Australian equities rose modestly on Friday to cap off a positive week buoyed by Wall St gains.
ASX flatlines as Guzman y Gomez debuts
In the biggest float in three years, the burrito merchant had a stunning performance on its first day on the ASX.
ASX dips in quiet trading after hawkish RBA
Hawkish remarks from the Reserve Bank haven’t rattled investors, with Wednesday recording a quiet day of trading following Tuesday’s strong advance.
ASX climbs as RBA maintains rate hold
Snapping a two-day losing streak, the sharemarket rallied on Tuesday, propelled by financial and utilities stocks.
ASX slides on tepid Chinese data
Shares got off to a poor start on Monday, with weak Chinese economic data adding further uncertainty to already cautious investors.
ASX drifts lower on China woes
Wall St hit fresh highs overnight but it wasn’t enough to lift Aussie equities, with the ASX200 drifting lower on extended weakness in China.
ASX snaps losing streak on US CPI surprise
Australian investors have reacted positively to better-than-expected US inflation data, with new hopes the Federal Reserve could cut rates soon.
ASX extends losses as US rate decision looms
Ahead of the US Fed’s meeting on rates, the Australian share market has recorded a loss for the second day in a row.
ASX tumbles ahead of Fed call
The share market shedded 1.3 per cent as investors awaited the Federal Reserve’s much anticipated meeting on Thursday for a signal on its interest rate path.
ASX closes strong ahead of long weekend
The Australian sharemarket is going into the long weekend on a high, after it recorded its best week of 2024.
ASX climbs as Wall St resets record
After a tech-propelled rally on Wall Street overnight, the Australian share market followed suit.
ASX slips on commodity sell-off
Following a two-session rally, shares on the Australian stock market slipped as iron ore and oil prices tumbled.
ASX pares back losses as financials rally
The Australian share market has started the week in positive territory, as it extended its gains thanks to the big banks.
ASX snaps losing streak in broad rebound
Aussie shares shrugged off a grim night on Wall St to end a three-day losing streak and finish the week with a broadbased rebound.
ASX slips ahead of inflation print
Ahead of key inflation data at home and abroad, Australia’s share market slipped on Tuesday as investors took profits.
Surge in real estate pushes ASX higher
Ten of 11 sectors on the ASX ended the day in the green, with rate-sensitive real estate stocks and positive sentiment around Chinese growth propelling the uplift.
ASX rallies on US interest rate outlook
The ASX booked a ‘relief rally’ on Thursday on the back of a US Federal Reserve meeting that maintained its outlook for three rate cuts in 2024.
ASX dips before blockbuster US meeting
The Australian sharemarket has edged lower after a day of choppy trading as cautious investors await the all-important US Federal Reserve meeting.
ASX up as miners surge higher
Australia’s surging mining giants pushed the ASX higher on the day the Reserve Bank left the cash rate unchanged.
ASX edges higher ahead of RBA rates call
Ahead of the Reserve Bank’s second meeting for the year, the share market edged higher on Monday even as property stocks lost ground.
ASX dips on Wall St fall, iron ore slump
Aussie equities fell on Friday, as iron ore dragged and investors grappled with hotter-than-expected US inflation data.
ASX slips on banking sell-off
Snapping a two-day winning streak, Australian shares sank on Thursday.
Ex-Qantas exec new CEO of retail giant
A leading Australian retailer has announced its newest chief executive on the same day it revealed half-year profits of more than $50m.
ASX rallies despite firmer US inflation
Local shares rose on Wednesday, led by retail and bank stocks, after a positive lead from Wall Street.
ASX treads water ahead of US rate cut clues
The Australian market was quiet as investors waited for key US inflation data, which will provide fresh insight on where the Fed Reserve moves on rates.
ASX surges to reset record as banks rally
Buoyed by the financials sectors, the Australian sharemarket raced ahead to close out the week at an all-time high.
ASX resets record close thanks to banks
Buoyed by a bumper session for Australia’s largest retail bank, the benchmark set a record close on Thursday.
ASX rebounds as financials rally
The benchmark eked out a 0.1 per cent gain on Wednesday after the financials sector rallied late in trading.
ASX edges lower as consumer stocks slip
Shares slipped for a second straight session on Tuesday as consumer stocks weighed on the benchmark index.
ASX retreats from record high
Shares slipped on Monday as iron ore miners sank and fears intensified of a weaker-than-expected GDP reading in the final three months of 2024.
ASX resets record high
The local share market was off to a record breaking start in March, as fresh highs on Wall Street and positive manufacturing data from China bolstered the benchmark.
ASX nears record high on RBA rate cut hopes
The ASX surged to a near record high on Thursday after soft inflation and retail data suggested an end to the RBA’s rate hiking cycle.
‘Forget loyalty’: Big bank’s new job cuts
One of Australia’s biggest banks has just announced a new round of job cuts, with some of the positions set to move offshore.
Stocks slip following inflation data
Despite fresh inflation data showing consumer prices held steady in January, the share market edged lower on Wednesday.
ASX edges higher as Coles, Woodside rally
With profit season nearing its end, the share market advanced for a fourth straight session on Tuesday.
ASX’s winning streak continues
The Australian stock market continues to see positive results despite a drop in oil prices causing headaches for the energy sector.
US tech boom pushes ASX higher
A dramatic boom in US tech stocks overnight pushed the local share market higher on Friday.
ASX flat despite expected Wall St rise
An expected boom in US tech stocks was not enough to lift the ASX on Thursday.
ASX heads higher as markets open for week
The Australian share market edged up slightly on Monday’s trading despite a dramatic fall in real estate stocks.
Original URL: https://www.heraldsun.com.au/business/markets/australian-dollar/page/2