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.
Australian Economy
‘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.
‘Never negotiate’: Pushback on US tariff threats
Anthony Albanese has made a major election promise that would bolster one aspect of Australian life he calls “the envy of the world”.
‘Problematic’: Warning to Aussie homeowners
Australian homeowners may have to resign themselves to higher mortgage payments as political tensions in the US continue to rise.
Aussie cash boost increase revealed
Millions of Aussies will enjoy a cash bump in their Centrelink payments from Thursday. Here’s why and how much you’ll get.
Why 4-day Aussie work week long way off
Corporations are getting good results with four-day work weeks, but the prospect of such a change Australia-wide seems unlikely.
‘Running out’: Mining boss’ warning to Aus
Mining industry boss Andrew Michelmore said Victoria was a “warning for the rest of Australia” when it comes to energy supply and reliability.
Aussie shopping metric sinks to 10-year low
The cost-of-living crunch has deepened the wealth divide between younger and older Australians, new data shows.
What made Cyclone Alfred worse
A “decade of inaction” on climate pollution has cost Australians $1.2bn in the wake of Tropical Cyclone Alfred, experts say.
Profit crash hits iconic Aussie brand
Iconic department store Myer has suffered a sharp slump in profits as it struggles to reset its business.
Jim’s budget promise of cost-of-living help
Jim Chalmers has delivered a pre-budget speech, where he has indicated there will be more cost-of-living support for Australians in next Tuesday’s budget.
US tariffs threaten Australia’s soft landing
Australian businesses have been hit with a grim forecast for the year ahead, as US President Donald Trump implements his tariff plan.
RBA not sold on the next rate cut
The Reserve Bank says the data will decide when it cuts the official cash rate again, as developments from US tariffs complicate the decision.
Why Australia can’t afford election cash splash
Pre-election budget sweeteners could have a long-term impact on Australia’s bottom line, and any quick fix should be evaluated in three words.
‘Staggeringly high’ wage needed to pay rent
A once-secure $100,000 salary is now far below the income Aussies need to afford average rents, sparking new warnings about the country’s rental crisis.
‘8 per cent’: Tariff warning nobody needed
Treasurer Jim Chalmers has sounded the alarm over the “seismic” economic impact of US president Donald Trump’s new trade war.
‘Hurt us’: Aus Trump measure could backfire
Patriotic ‘Buy Australian’ feeling emerged on ABC’s Q+A on Monday night, with the domestic steel industry at the centre of the debate.
Trump shadow to hit Aussie growth
Australian economic growth will likely slow over the next two years, a leading forecaster has warned, as Trump’s tariff agenda shadows the world.
Chalmers warns against tit-for-tat trade war
The Treasurer will use a major pre-budget speech to warn against a “race to the bottom” after Australia was hit by Donald Trump’s first round of tariffs.
Fresh blow to super-for-housing plan
Peter Dutton’s super-for-housing scheme will drive prices up between 7 and 10 per cent, analysis from the University of South Australia shows.
Doomsday prediction for Aussie house prices
Experts have revealed how much a house will likely cost in 2050 and the grim world that awaits Aussies in two short decades – and it makes for a depressing read.
‘Unsayable’ answer to Aussie dad’s question
An Aussie dad drew a standing ovation for a question on QandA about immigration. Now one panellist has revealed the ‘unsayable’ truth.
‘Stop’: Qantas boss’ dark warning to Aussies
Qantas chairman John Mullen has issued a stark warning that our way of life could simply “stop” in a serious international emergency.
Climate campaigner defends ritzy private jet
An Aussie billionaire and ardent climate change campaigner has just bought a private jet, but says he feels a ‘deep internal conflict’ about it.
ASX 200 snaps three day losing streak
Australia’s sharemarket snapped a three-day losing streak on the back of the major miners, as the price of gold and iron ore climbed throughout the trading day.
‘Shonky:’ Treasurer blasts $2.4bn GST loss
The annual GST carve-up is set to spark a brawl among state treasurers, with one state set to receive $2.4bn less in crucial funding.
Wild plan for GST and your super
A rising Labor star has listed two wild solutions to tame inflation – including forcing Aussies to stash more savings in super – in a bizarre clip shared online.
Australia urged to remain calm on Trump tariffs
The chief executive of one of the country’s largest banks said Australia should remain calm and use the Trump tariffs to our advantage.
Lambie slammed for wild Pine Gap threat
A former top Canberra boffin has blasted a call from senator Jacqui Lambie to use Australia’s Pine Gap intelligence asset to hit back at Donald Trump.
Rudd’s big ‘f**k you’ to Trump
The ambassador to the US says Australia won’t step back from its fight to get Donald Trump to drop tariffs on Australian steel and aluminium exports.
Trump tariffs keep ASX down again
Donald Trump’s tariffs are continuing to hit the Aussie sharemarket, with the value of coal companies falling, while investors look for a golden safe haven.
‘Our own tariffs:’ Aussies vow ban on US goods
Australians have come out in droves promising to stop purchasing American products, however one economist urged shoppers to “think strategically”.
New fears as Trump man erupts at Australia
Donald Trump’s most senior trade adviser has delivered an on-air rant about Australia as fears grow of more tariffs.
Half cost of new house goes to tax, report
Huge chunks of the cost of building a new home are being eaten up by taxes and red tape, new analysis shows.
Aussie shares tumble on Trump bloodbath
US President Donald Trump has sparked a bloodbath in global stock markets and Aussie shares were not immune on Tuesday.
Trump remark sparks $49bn Aussie wipe-out
US President Donald Trump has refused to rule out a recession in the world’s largest economy and now Aussie shares are plummeting.
ASX ticks higher on banks and insurers
The ASX 200 rose on Monday, snapping a 2.5 per cent weekly fall last week, but market sentiment remains low on Donald Trump’s tariff plans.
Aussie giant’s big move to get rich in Africa
Australia’s biggest miner boasts operations in Australia, Chile and Canada, and now it’s making a new play for Africa.
‘Very forcefully’: Tariff push as deadline looms
Richard Marles says Australia is “advocating very forcefully” for a carve out from US tariffs set to kick in this week.
US casino giant makes last-ditch Star bid
A major US company has made a shock offer for troubled gaming giant Star Entertainment and it could transform the futures of three Aussie cities.
Fears over rogue remark amid tariff deadline
A state premier’s rogue remark about the US Vice President could play a role in deciding if Australia gets a tariff carve out, a senior opposition senator claims.
Inflation nightmare about to explode
The Australian economy is struggling – and there’s one glaring factor that proves things could be about to get a whole lot worse.
Three key things to do for Alfred compo
Insurance companies say there are three key things Aussies in the firing line of Tropical Cyclone Alfred need to do.
Household spending on this item soars
Aussie households are spending more on one thing, lifting consumer spending, new data has revealed.
Key group not helped by rate cut
A key group is yet to see real relief from the RBA’s recent rate cut, a big four bank has revealed.
New apartments up but housing target lags
Housing approvals rose to a new record high in January largely off the back of new apartments being built across NSW, official figures show.
Job cuts hit major Aussie bank
Australia’s biggest bank is expected to cut more than 100 jobs from its technology division.
Cult beauty store’s ‘next-level’ vow
Cult online retailer Adore Beauty is opening its second-ever brick and mortar shop tomorrow, promising customers a ‘next-level’ experience.
Albo opens fire on ‘authoritarian’ Putin
Anthony Albanese has lashed Vladimir Putin in fiery remarks reaffirming Australia’s support for Ukraine.
Aussie shares slump on trade war fears
The Australian sharemarket booked a second consecutive day in the red on Wednesday as escalating global trade tensions continued to rattle investors.
‘Green shoots’: Aussie economy past ‘low point’
Australia’s economy is strengthening, with a key metric rising for the first time in nearly two years, fresh figures show.
‘It’s unbelievable’: Fury at Melb mega-city
They’ve been sold to homeowners as the ticket to the Great Australian Dream. But a closer look at Melbourne’s mega-cities exposes a frightening truth.
Surprising item boosting Australia’s economy
Chickpea sales to India have given the Australian economy an unlikely boost, according to the latest current account figures.
Star fiasco worsens, 9000 jobs on the line
There’s been another grim update in the saga of embattled gaming giant Star Entertainment, and it means 9000 jobs are moving closer to the edge.
Key detail on Australia’s next rate cut
The Reserve Bank concedes there is still uncertainty around Australia’s cost of living and has hinted what its next move on rates will be.
Proof Aussie crisis is worse than you expect
The morbid reality facing Australians trying to get into the property market has been exposed by one $400k listing.
Huge change to controversial Aussie prison
A huge change is coming to one of Australia’s most controversial privately-run prisons.
Staggering ‘windfall’ for one Aussie group
A huge – and alarming – change is taking place in the Aussie economy right now. And one generation is behind it all.
Aussie shares slump on tariffs, Wall St woes
The local stock market tanked on Friday on the back of a Wall St bloodbath and a new Trump tariff threat that sent the big miners into a tailspin.
Major Centrelink changes coming for millions
Millions of Aussies will have more money in their pockets next month, with Centrelink support payments boosted to keep up with inflation.
Kochie’s warning as millions cop price hike
Money expert David Koch has issued a warning to millions of Aussies facing a price hike on their private health insurance.
‘Great day’: Virgin boss’ $3bn move
A major shake-up for international travellers and Virgin Australia has been greenlit by the Albanese government.
‘Doing nothing’: Trump screws Aussies
Australia was dealt a truly horrifying blow this week – and America’s response has told us everything we really need to know.
Australia’s $4.4tn plan to avoid Trump tariffs
A bevy of cashed up Australians worth trillions of dollars have headed to Washington DC with one aim in mind – to dazzle Donald Trump.
Eye-watering amount owed by Aussie retailer
A final nail has been driven into an Australian retail giant’s coffin, as those tasked with combing through the books tally a staggering amount of debt.
Bad news for back-to-back rate cuts
Mortgage holders hoping for back-to-back rate cuts have taken a hit after the latest inflation figures were released.
‘Critical’: Aussie city on brink of collapse
Businesses in the regional NSW city of Lismore are at a “make or break” point to stay open, three years after record-breaking floods gutted their livelihoods.
ASX falls on latest Trump tariff news
The ASX 200 fell on Tuesday as US President Donald Trump confirmed tariffs and major businesses missed the mark during reporting season.
‘Australia should scare you’: US warning
An American finance expert has roasted Australia’s economy as a “house of cards”, saying it “should scare” the rest of the world.
A day in the life of a squatter
First, they feast. Then, for the 50 residents of Lismore’s Pine Street – who’re living in abandoned homes rent-free – the daily agenda revolves around self-discovery.
ASX snaps five day losing streak
The ASX200 snapped a five day losing streak, but cracks are still appearing as more companies are missing the mark this reporting season.
Mortgage plea proves Australia’s cooked
Australians are weighing up taking on extra-long loan terms to reduce monthly repayments on their mortgages as cost pressures continue to bite.
Original URL: https://www.news.com.au/finance/economy/australian-economy/page/4