Senator’s big call after Trump win
Despite concerns tariffs mean higher prices at the checkout, an Australian senator wants our government to follow Trump’s economic lead.
Australian Economy
China stimulus does little to lift ASX
The struggling Chinese economy has few rays of hope for Australian miners, as the big iron ore producers sink the ASX to a loss on Monday.
Huge change in Aussie workplaces revealed
The Workplace Gender Equality Agency says there has been some ‘positive progress’ in gender equality, even as major businesses are rocked with harassment scandals.
How Aussies can dodge Trump’s tariff threat
An expert in international relations has offered some blunt advice to Australian policymakers on how to avoid potentially damaging Trump tariffs.
Trump and Albanese are ‘perfect’ friends
Details of the first phone call between Prime Minister Anthony Albanese and future President Donald Trump have been revealed following the landmark US election.
Minister defends slashing student debt
The Federal Government has defended its new student loan discounts amid accusations of the policy being “elitist” and attempting to buy votes amid high inflation levels.
‘Record high’: Scary truth about Aussie jobs
Data has revealed the nation’s economy remains “uncomfortably reliant” one thing – and it could be setting us up for a major crash.
Big banks’ surprising mortgage call
Two of Australia’s big four banks say Aussies are finding a way to pay their mortgages despite cost-of-living pressures.
Trump to cost voters $2600
The cost of living is set to rise under the Trump administration if the newly elected President passes his tariffs plan on in full.
’Nowhere else’: Grim reality for Aussie farmers
Aussie farmers are up in arms about supermarket behemoths Coles and Woolies, but an ACCC hearing has heard they have nowhere else to go.
Blow for Aussies after US cuts rates
The US Federal Reserve approved its second consecutive interest rate cut on Thursday night, though experts have some disappointing news for Aussies.
Dark sign in one state’s housing stress
A key housing indicator suggests more and more Australians in one big state are falling into dire financial stress.
‘Trump trades’ impact on Australia
A second Donald Trump presidency has pushed US share market and bitcoin to new highs, but it has had a surprising impact on the Australian dollar and exports.
Go ahead for $8.8bn Chemist Warehouse deal
Australia’s competition watchdog has made a huge decision on a proposed change to Chemist Warehouse that will affect millions of Aussie pharmacy customers.
‘Big concern’: RBA’s warning on Trump vow
The central bank says if incoming US President Donald Trump were to impose his promised tariff on China, there could be big consequences for Australia.
‘Challenging’: Big bank’s warning to Aussies
One of Australia’s biggest banks has warned of a “challenging” time for customers as it releases its full-year results.
Aussie shares surge on looming Trump shock
Aussie shares rallied on Wednesday as the US vote count rolled in showing former President Donald Trump on a clear pathway to victory.
‘Consequences’: Australia’s Trump warning
Australia could face “consequences” if Donald Trump gets back into the White House, the Treasury chief says.
More bad news for Aussie workers
The Reserve Bank has more bad news for Australians, warning workers the job market is about to get tighter and wages growth to decline.
ASX falls as US election nerves take over
The Australian sharemarket slipped on Tuesday ahead of Wednesday’s seismic US Presidential election.
How Trump, Harris could hit Aussie markets
Australia’s future success is closely tied to who controls the White House. Here’s how a Kamala Harris or Donald Trump presidency could impact the ASX.
Aussie homes ‘teetering’ on financial ruin
About 1 in 2 Aussie households are “teetering” on the brink of financial ruin as higher for longer mortgage rates force more families out of the market.
Blow as first-home buyers shut out
New homeowners are struggling to get into the market, with the issue likely to continue for years to come.
Calls for new public holiday in Australia
Australia’s Indian community is renewing calls to add a new day to the country’s official public holidays.
Profit not a ‘dirty word’: Bunnings boss
The chairman of the retail giant that owns Bunnings and Kmart has defended big business and hit out at ‘political leaders of all persuasions’.
Major bank’s backflip on rates
Inflation figures have fallen to a three-year low, but the chances of the Reserve Bank cutting rates before Christmas have been revised.
‘Billions wasted’: Big call on Covid payments
Treasurer Jim Chalmers says “billions of dollars” were wasted in poorly targeted relief payments during the Covid-19 pandemic.
Nando’s Australia set to change forever
A popular fast-food chicken chain has just opened a new “elevated” dining experience as part of a company refresh to grow and capture more hungry Aussies.
Major Aussie fashion retailer goes bust
A major ASX-listed retailer that owns iconic brands such as Katies, Rivers and Millers has gone into voluntary administration.
Aussie dollar hits two-year low
A weaker than expected Aussie dollar and uncertainty around the US election led to a quiet trading day on Monday.
Original URL: https://www.news.com.au/finance/economy/australian-economy/page/2