ASX continues record high run
Australia’s sharemarket cracked a fresh record high on Tuesday, on the back of renewed economic confidence.
World Economy
ASX sets new record high
Australia’s sharemarket has started the last month of the year with a strong day of trading, as new retail data was surprisingly good.
Musk warns of ‘terrifying’ way US is heading
The world’s richest man and SpaceX CEO has issued a grim forecast for America’s economy.
Aussie shares hit fresh record high
The Australian sharemarket cracked a fresh record high on Thursday on the back of a surge in the big banks and healthcare stocks.
A-list actor turns on very unpopular PM
An iconic actor has made a brutal call on a government that is facing a massive rebellion just months after a landslide victory.
Australia smashed as Trump reveals tariffs
Donald Trump has revealed huge tariffs for three nations and it has had an immediate effect on Australia.
Australia’s grim economic outlook revealed
Australia’s grim economic outlook has been revealed, with the federal budget tipped to have its sharpest retraction since covid.
Warning Australia could be loser under Trump
Australia could be on the verge of becoming a “loser” if a trade war was to break out between America and China following the election of Donald Trump.
Brutal tariff warning no Aussie wants to hear
There are warnings Australia could be hit with hefty tariffs after a move from Anthony Albanese which has raised ire in Donald Trump’s team.
Nation Trump is following in the footsteps of
A nation battling 193 per cent inflation and where over half the population has fallen into poverty has been hailed as a blueprint for the West to follow.
‘Combust’: Experts panic over world economy
An epic showdown between China and the USA is looming – and it poses a huge threat to Australia and the entire global economy.
ASX bounces during Friday’s trading
The ASX 200 rose slightly during Friday’s trading, as the market had a benign broad based rally as Donald Trump announced more key appointments.
Internet erupts over haka in parliament
New Zealand’s parliament was brought to a halt on Thursday as Maori MPs staged a haka protest on the floor over a controversial “equal rights” bill.
ASX closes in on record high
The Australian sharemarket traded strongly on Friday off the back of further rate cuts from the US central bank.
Horror sex issue exposes Aussies
One group of workers faces widespread sexual harassment across multiple industries in Australia, a horror survey suggests.
Gold price slumps after Trump victory
The price of gold is falling just weeks after reaching a record high, as investors factor in a stronger US dollar.
ASX slides on China update
The ASX has dipped for the second consecutive day, giving back part of last-week’s post gains following the US presidential election.
‘Wouldn’t be immune’: Warning on Trump tax
Jim Chalmers will issue a grave warning about Australia’s economic vulnerability as the world braces for trade tensions in the wake of the US election.
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.
‘Threat becoming real’: Grim Trump warning
Donald Trump’s election win will cause economic shockwaves across the globe – and Australia won’t be able to dodge the fallout.
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.
‘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.
‘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.
Bitcoin explodes as Trump nears victory
The price of crypto has gone to new heights as Donald Trump enjoyed a strong start in his path to electoral victory.
ASX falls as US election nerves take over
The Australian sharemarket slipped on Tuesday ahead of Wednesday’s seismic US Presidential election.
Graph proves major US election U-turn
Recent polls have hit the stock market in the US as traders rethink their predictions of a Donald Trump victory.
UK smashed with record-breaking taxes
The UK has been hammered with the biggest tax hikes in the nation’s modern history in a brutal new budget.
Horror sign World War III ‘has already begun’
One of the world’s leading experts has claimed we are lurching towards a devastating conflict that will make your blood run cold.
Why Aussies are tracking this US flight
A highly anticipated first flight from Texas to a major Aussie city touches down on Monday morning and eager planespotters can watch all the action live.
China mistake that will hurt Aussies
Australia’s over-reliance on this trading partner will see our living standards fall within the next ten years, experts have warned.
‘Time has come’: Slave trade reparations call
The 56-member Commonwealth said on Saturday that “the time has come” for talks on “reparatory justice” for the trans-Atlantic slave trade.
Aussie’s bid to dominate music industry
Australia’s only ASX-listed music company holds plenty of ambition, taking on every element of the lucrative industry in a bid to reach 1 billion fans.
Aussie budget takes out bronze medal
Australia’s budget surplus is one of the best in the world, but it’s not all good news for the economy.
Renewed optimism leads to ASX rally
The ASX 200 has rallied strongly following strong falls on Friday, after a spate of good economic news
Mining giant cops huge $23.7bn disaster bill
Australia’s biggest mining company has agreed to a massive settlement with the Brazilian government over an environmental catastrophe.
China spooks ASX from record high
The ASX 200 has fallen from a record high, as investors are disappointed with the economic growth of Australia’s largest trading partner.
How to solve Australia’s housing crisis
A leading business group says one thing needs to happen to solve Australia’s housing hell and you only have to look at one of our nearest neighbours for inspiration.
‘Collapsed’: Proof China in utter crisis
China’s economy is in free fall, with “no obvious solution” on the horizon – and there will be devastating consequences for Australia.
ScoMo lands surprise new role
Former Prime Minister Scott Morrison has landed a surprise new role in Australia’s budding space industry.
Sign we’re underestimating young Aussies
Gen Z is sometimes written off as a “live-for-the-day” generation, but a surprising new trend shows they’re a lot more savvy.
‘Can they? Yes’: Iran’s scary move
There is a nervous wait to see how Israel responds to Iran’s attack. But there are fears an underhand Tehran strategy that could cost the world dearly.
‘Complete bust’: Chilling China news
China has resorted to some desperate moves in an attempt to save its tanking economy, which threatens to take down Australia with it.
Aussie shares rise on Wall St rebound
Aussie shares crept higher on Wednesday on the back of a Wall St rebound, despite a sharp sell off in heavyweight mining and energy stocks.
Aussie shares sink on China stimulus gloom
The Australian sharemarket fell on Tuesday following muted stimulus measures from China and a sharp pullback on Wall St.
‘Mass exodus’: China’s $1 trillion problem
China has a major $1 trillion problem as its ultra-wealthy flee the country and the fed-up middle class left behind decide to simply ‘opt out’ of the economy.
Sign business spirits have lifted
One of Australia’s biggest banks has issued a warning about business confidence after the latest figures were revealed.
Sign it’s ‘already too late’ to save China
China’s eerie “ghost cities” provide cold, hard proof that Xi Jinping has failed as an “economic tsunami” threatens to unleash chaos.
Aussie shares fall on mining, Wall St wobble
The Australian sharemarket fell on Friday as the big miners wobbled and uncertainty courses through Wall Street.
Aussie shares flat with all eyes on Israel
The sharemarket inched higher on Thursday as investors braced for Israel’s response to Iranian missile and terror attacks and the release of crucial US jobs data.
Big call on rate hikes amid inflation fight
A leading financial authority has backed the RBA’s approach to interest rates, but warned further increases would be warranted in the fight against inflation.
Aussie beef caught up in US strike
Aussie beef destined for US hamburgers has been left stranded in US waters as tens of thousands of American port workers strike.
Aussie finance sector’s big AI move
An industry-first agreement will look to protect one Australian fund’s workers in the age of ChatGPT with a new “gold standard”.
Aussie shares slip as Middle East mushrooms
The Australian sharemarket slipped on Wednesday as investors braced for a broader war in the Middle East.
Aussie shares retreat on mining pullback
The Australian sharemarket retreated from record highs on Tuesday on a sharp sell-off in the mining sector.
‘Imploding’: China crisis we can’t ignore
China is in financial turmoil as its lucrative property market implodes – and the consequences for Australia will be inescapable.
Aussie shares hit new high on iron ore boom
The Australian sharemarket notched a fresh record high on Monday on the back of a mammoth rally in iron ore prices.
Chalmers’ relief after China’s big move
Treasurer Jim Chalmers says a major move by China could be a game changer for a key sector of Australia’s economy.
‘$40 billion’: Huge hit to Australian economy
New forecasts show Australia’s resources and energy sector earnings are set to plummet, as a dire consequence of EV sales emerges.
Aussie shares snap three-day losing streak
The Australian sharemarket snapped a three-day losing streak on Thursday in a frothy rebound propelled by consumer stocks.
Green shoots ahead for Aussie economy: OECD
The OECD says the world economy is “turning a corner” on inflation and offers a bullish read on Australia’s outlook for 2025.
Aussie shares dip lower on big bank fall
The Aussie sharemarket dipped lower on Wednesday as bank stocks tumbled.
‘Lot at stake’: Jim’s mission to China
The Treasurer will be travelling to China for two days following concerns China’s slumping economy could have a dire effect on Australia.
Aussie shares dip on hawkish Bullock
The sharemarket dipped lower on Tuesday as the RBA delivered some hawkish rhetoric on interest rates, even as the miners boomed on fresh Chinese support.
‘Aussie Owned’: Mum calls for new food label
Aussies love supporting homegrown products, but one mum warns that the widely recognised “Australian Made” logo is not what it seems.
Aussie shares pull back from record high
The Australian sharemarket tumbled on Monday as supermarket giants Coles and Woolworths retreated on the ACCC’s bombshell legal move.
US is in danger of shutting down, again
The possibility of a US government shutdown is now looming large after a deadlocked Congress was unable to pass an extension.
Aussies react to massive interest rate cut
The world’s biggest economy has just cut interest rates by a “jumbo” 50 basis points. Here’s what that means for Australia.
‘Jumbo’ Fed cut boosts Aussie shares
The Australian sharemarket booked a fresh record high on Thursday as investors celebrated the US Fed’s “jumbo” rate cut.
‘Ponzi scheme’: Financial crisis engulfs China
China is in the middle of a full-blown financial crisis of its own making – and there will be dire consequences for Australia as a result.
US Federal Reserve drops rate cut bombshell
The US Federal Reserve has dropped a rate cut bombshell that is set to have huge ramifications on the looming presidential election.
Aussie shares flat before pivotal Fed moment
The local sharemarket traded flat on Wednesday as investors moved cautiously before Thursday morning’s pivotal Fed rate cut decision and the release of key jobs data.
Aussie shares hit fresh record on Fed fever
The rate cut rally in Australian shares continued on Tuesday, with the local bourse hitting fresh highs once again as it booked a fourth consecutive session in the green.
Australia locks in contentious new trade deal
Australia has signed a massive new trade deal with a Middle-Eastern powerhouse, but the agreement has sparked controversy.
New record high for Aussie shares
Growing jubilance around this week’s interest rate cut in the world’s largest economy propelled Aussie shares to a record high.
China launches flight to major Aussie city
A Chinese airline company has just announced new direct flights connecting mainland China with a major Aussie city.
‘Ignored’: Grim warning on rate hike crisis
Aussie homeowners have been smashed with interest rate pain for years now and a leading economist warns the stress isn’t going to end anytime soon.
Original URL: https://www.news.com.au/finance/economy/world-economy/page/2