ASX wipes $47bn on Trump tariffs
The ASX resumed its sell-off on Wednesday with investors selling off the major miners as commodity prices slump.
Australian Economy
‘Play well’: Bandt’s power threat to Albo
Greens leader Adam Bandt says Anthony Albanese will have to ‘play well’ with others in a hung parliament, as he pushes his party’s hard-left wishlist.
How Easter affects your Centrelink cash
The Easter holidays could affect how millions of Aussies receive their support payments. Here’s what you need to know.
ASX rallies for best day in two years
The ASX 200 soared during Tuesday’s trading, but investors are worried it is just a dead cat bounce.
Big win for wannabe homeowners
A major hurdle for people with this type of debt has been lowered, making homeownership more realistic.
‘Uncertain times’: Clash over trade tariffs
Peter Dutton has warned Australia could be heading for a recession, as the PM promises the government is ready for the “uncertain times” that lay ahead.
Major airline to launch delicious new perk
Fancy pizza at a Gordon Ramsay restaurant or a bucket of KFC? This juicy new perk from a major Aussie airline has you covered.
Aussie confidence slumps on Trump turmoil
Aussies could change their spending habits as the fallout from US President Donald Trump’s tariffs continues to weigh on global economies.
Extraordinary news for Aussie homeowners
It’s been a rough old time for Aussies with mortgages. Now, Donald Trump’s tariffs have flipped everything on its head.
Worst still to come following ASX bloodbath
A sell-off has smashed the ASX 200 on Monday, but experts warn the local bourse still has further to fall.
‘Take a hit’: Trump trade war to shake growth
US President Donald Trump’s trade war has not immediately affected the Australian federal budget, the latest update shows, but the economy could take a hit.
Aussie dollar plunges, $100bn wiped off ASX
The ASX 200 is a sea of red on the opening, and the Aussie dollar has plunged below 60 cents, as investors continue to sell-off on fears of a global recession.
AI road cameras coming to one state
Drivers in one state will be monitored by artificial intelligence cameras.
Call for Australia to tackle ‘Big Mac Tax’
Nationals leader David Littleproud Australia should use its relationship with the United States to help lobby against Donald Trump’s global tariffs.
‘Why would I bother?’: Sad state of Australia
Vast proportions of Australians have been given no choice but to kiss goodbye an essential piece of the great Aussie dream.
Alarming interest rate prediction
Donald Trump has seriously shaken the global economy – and Aussies could soon be in the firing line for a surprising reason.
Trump tariffs spark five-year AUD low
The Australian Dollar is the weakest it’s been in five years thanks to Donald Trump’s tariffs.
Silver lining in Trump tariff plan
There could be a silver lining for struggling mortgage holders, as experts sound the alarm on US President Donald Trump’s aggressive tariff pledge.
Push for ‘bed tax’ in Aussie state
A group of Queensland mayors have proposed a new bed tax for tourists, slugging them an extra levy for staying the night.
Albo rules out ‘phenomenal offer’ to Trump
Anthony Albanese has hit back after Donald Trump outlined a key condition in exempting local imports from the US’s global tariff fiasco.
‘Genius’ plan to hit Trump where it hurts
Donald Trump has hit us with a brutal tariff as he tries to tear down the global economy. We can accept the abuse. Or we can hit back.
‘I didn’t fall’: Albo’s claim after stacking it
Prime Minister Anthony Albanese has taken a tumble while getting ready for a picture opportunity in the Hunter – but he doesn’t see it the same way.
Stocks crash, but rate hope on Trump tariffs
The sharemarket has been smashed after US President Donald Trump announced a 10 per cent tariff on Aussie imports, but there is a silver lining,
Aussie market loses $21bn in Trump chaos
US President Donald Trump’s ‘Liberation Day’ tariffs on the world’s major economies triggered a sharp fall in Australian stocks, wiping out $21bn in value.
Trump tariffs to destroy iconic Aus tradition
The new tariffs being introduced by Donald Trump could lead to more of our meat being shipped offshore, pushing up local prices.
RBA’s stunning Trump warning for Aussies
The RBA has just delivered a stark warning that Donald Trump’s trade war could trigger disorder in the global economy and hammer Australians.
‘Not America’: Demand for $2k wage boost
Union leader Sally McManus has fronted the Fair Work Commission to push for a big minimum wage increase for workers.
Surprising loser in Trump tariff plan
Donald Trump has announced tariffs on Australian beef, with the American people now likely to pay more for one beloved item.
Map shows issue has ‘never been worse’
“No part of the country has been spared” as the least affordable electorates in the country have been revealed, with renters having scarce few options.
Aussies warned to brace for meat price hike
Experts have warned the price of the grocery staple could skyrocket as flooding wipes out more than 100,000 head of livestock.
Dutton’s $600m vow to crucial state
The Coalition has vowed $600m to upgrade agriculture and resource routes in an attempt to regain crucial seats lost in the bloodbath 2022 election.
Policy that could cost Peter Dutton Gen Z vote
News.com.au has hit the streets of Sydney to find out what Aussies really think about one hot topic.
ASX jumps ahead of Trump tariffs
Property shares have lifted the ASX 200 higher as markets wait for the impacts of US President Donald Trump’s trade tariffs.
‘Shameful’: Lambie’s fury at Trump response
Jacqui Lambie has erupted at both Labor and the Coalition over their handling of US President Donald Trump’s tariff war
Musk ‘inspiration’ to Coalition treasurer
Shadow Treasurer Angus Taylor has cited Elon Musk’s Starlink as a source of inspiration, but refused to say whether DOGE cuts are coming to Australia.
Turnbull mocks Trump in brutal take-down
Malcolm Turnbull has mocked Donald Trump in a pugnacious address to the National Press Club, saying Aussies need to stand up the ‘billionaire bully’.
Albo defends payrise for millions of Aussies
Anthony Albanese has defended backing an above-inflation pay rise for about three million of Australia’s lowest paid workers.
Key factor driving workplace ‘great freeze’
Stagnant wages mean more unhappy professional Australians, leaving companies dissatisfied with productivity levels, new research finds.
Grim trend spikes in Aussie workplaces
New research has revealed a grim trend taking hold in Australian workplaces, led by millennial and Gen X workers.
Aussies at each other’s throats over super
A fiery debate has started online after an Aussie reality TV star made a massive claim about superannuation.
ASX soars ahead of Trump tariff deadline
All 11 sectors finished in the green as the Australian sharemarket soared prior to the next phase of the Trump Tariffs.
RBA boss’ rate cut call on Trump tariffs
Donald Trump’s looming trade war could smash global growth and hit Australia, but RBA Governor Michele Bullock says she’s ready to defend economic growth with rate cuts.
Albo’s warning to Trump on tariff threat
The Prime Minister says there are several issues of concern the US has raised that could attract tariffs on President Donald Trump’s “Day of Liberation” list.
‘We’ll remove it’: Dutton to reset lending rules
Peter Dutton is set to hammer the Albanese Government over the fact homeowners are $50,000 worse off on the typical mortgage since the last election.
ASX slumps on US recession fears
The ASX 200 has slumped to its worst quarter since Covid on the back of fears of an economic trade war
‘Mayhem’: $38bn wiped off Aussie market
A new report into US President Donald Trump’s tariff policy has sparked investors’ fears, with billions wiped from global markets.
Trump D-day to shake up campaign
Voters will be watching Anthony Albanese and Peter Dutton closely this week, with another round of Trump tariffs set to shake up the campaign.
Surprise reason holidays to Bali are cheaper
Holidays to Bali have become cheaper this year — and Aussie travellers have Donald Trump to thank for the boon.
Grim immigration outlook for Aussie business
A fall in overseas arrivals into Australia could put further pressures on struggling businesses, an economist has warned.
‘Mass uncertainty’ as ASX breaks win streak
The ASX stumbled into the red on Thursday as US President Donald Trump’s freshly announced auto import tariffs stirs ‘mass uncertainty’ among investors.
‘Temu Trump’: Dutton mocked to his face
Wild sledges flowed during the last parliamentary sitting before Australians head to the polls, with the Speaker needing to intervene.
Chalmers budget unlikely to sway RBA
Cost of living relief and a modest tax cut are unlikely to slow the RBA’s progress on cutting rates, according to analysts.
Albo’s invite to Trump despite tariff threat
The offer comes amid fears Australia could be further caught up in Donald Trump’s increasingly aggressive tariff war, with an announcement due next week.
Undercover shoppers expose grocery prices
Undercover shoppers bought groceries across Coles, Aldi and Woolies over nine months to see which one offered the lowest prices. Here are the results.
Chalmers’ huge call on ciggie tax
The Treasurer’s comments follow plunging rates of revenue driven by the tobacco excise as smokers turn to the black market for cheaper cigarettes.
ASX soars for fifth day in a row
The local sharemarket has secured its fifth consecutive day of gains on Wednesday as optimistic investors rallied in 10 of 11 sectors.
Insane amount Aussies spend on sport
Cost of living might be putting pressure on the household budget, but sport is one thing Australians aren’t willing to give up.
Brissie Games like Sydney ‘on steroids’
The man charged with delivering the 2032 Brisbane Olympics has made a bold claim a day after the venues for the Games were locked in.
‘Eye candy’: ‘Election’ budget slammed
Other than the Medicare investment, there is a general consensus the federal budget falls short and leaves a lot of Australians behind.
‘Live’: Renewed hopes for early rate cut
Homeowners have received a new boost, with falls in inflation renewing hopes for an early rate cut.
‘Dumb trifecta’: Expert absolutely unleashes
Australia is losing billions, fuelling rampant crime and damaging our health because of one “dumb” decision, a leading economic expert has warned.
‘It’s downright weird’: Deep flaw with budget
The government’s newly announced tax cuts are already being called too small. But that’s not the weirdest thing about them.
‘Not immune’: Trump’s threat to Australia
The Treasurer isn’t naming Donald Trump in his warnings about Australia’s economic outlook. But the subtext of his words can’t be missed.
ASX edges higher as tariff talk softens
President Trump’s hawkish tariff talk has softened and the local bourse soaked up the resulting Wall St boom.
‘Not one extra cent’: Premier’s Olympics vow
Queensland Premier David Crisafulli has vowed not “one extra cent” will be borrowed to fund the Brisbane 2032 Olympics, as the controversial venues for the Games are revealed.
‘Nonsense’: Albo slams Greens over salmon
The prime minister has gone after the Greens in Question Time over salmon farming in Tasmania.
What federal election is all about: Chalmers
Treasurer Jim Chalmers has drawn clear election battle lines over one scheme as he prepares to hand down his fourth budget.
Health, energy bill relief in federal budget
Aussies struggling with power bills and the cost of medicines should be among the biggest winners from Tuesday’s federal budget.
‘We are being forced to lie on our CV’
A Melbourne woman has shared a horrifying job interview on national television, describing how she was advised to lie about her age on her CV.
Chalmers spruiks $177bn debt improvement
Labor is set to spruik its progress of lowering gross debt ahead of the federal budget, despite Australia’s bottom line set for a string of deficits over the next decade.
ASX seesaws in trade on Monday
The Australian ASX200 has seesawed as markets await major economic updates, including just what Donald Trump will do next on tariffs.
‘Really cautious’: Huge rates claim
Australia’s central bank is likely to be nervous ahead of its next rate decision for one very good reason that’s out of its hands.
Taylor fumbles key Coalition promise
Shadow Treasurer Angus Taylor appeared to repeatedly stumble over the cost of the Coalition’s flagship nuclear policy.
Flight attendant reveals ‘gobsmacking’ act
Drunk passengers, medical emergencies and blow-ups over ham-and-cheese toasties. It’s all in a day’s work for Qantas and Virgin flight attendants.
‘Completely blindsided’: April rate cut is on
A steep decline in employment figures has raised alarm bells as older workers quit the workforce – but the sudden exit has raised the prospect of an April rate cut.
Fresh warning as China sparks arms race
A massive arms race is sweeping the Asia-Pacific region as countries like Australia grow alarmed over the China threat.
Pledge as US tech giants target Aussies
US tech giants Meta, Google, Amazon and X are targeting Australia’s online laws, but Treasurer Jim Chalmers says he will stand up for Aussie parents.
How Trump move made Aussies poorer
There’s a simple reason why most Australian workers were a little poorer at the end of February, and it’s all to do with Donald Trump.
Hidden detail in Australia’s job figures
Thursday’s unemployment figures have revealed another sign Australia’s economy has turned a corner.
Graph shows big issue facing Australia
Australia’s net migration remains high, as both sides of politics gear up for a fight on the issue.
Original URL: https://www.news.com.au/finance/economy/australian-economy/page/3