‘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.
World Economy
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.
Tech giant’s bombshell admission
US tech giant Meta has admitted to systematically scraping the public data of millions of Australians to train its AI products.
Aussie shares lift on energy, Wall St bump
The Australian sharemarket lifted on Tuesday on the back of a rally in energy stocks and some relief from a rattled Wall St.
Aussie shares jump on Fed cut fever
The local sharemarket lifted on Monday as buoyant investors cheered the prospect of a September rate cut in the world’s largest economy.
‘Strange’: Kamala steals iconic Aussie idea
When Kamala Harris unveiled her policy platform for the upcoming US election, many Aussies were left with a strange sense of deja vu.
Major milestone in nuke subs dream
A major milestone has just been hit in Australia’s ambition to acquire nuclear-powered submarines.
Aussie shares extend ripping winning streak
The Australian sharemarket advanced for a 10th consecutive session on Thursday, marking the longest rally in stocks since 2015.
Dire warning for ‘stagnant’ Aussie jobs
The Australian economy is growing at its slowest rate since a sharp recession in the early 1990s and it’s particularly bad news for white-collar workers.
Mining giant looks at Indonesia after collapse
Australia’s biggest mining company is reportedly looking at Indonesia’s nickel industry following the shut down of its vast nickel operations in Australia.
Original URL: https://www.news.com.au/finance/economy/world-economy/page/8