Liberation day sparks $50bn ASX sell-off
The fallout from US President Donald Trump’s tariff policy continued to send shockwaves through the market, wiping out more than $50bn on the local market.
Australian Dollar
‘Staggering’ $2.4 trillion erased on tariffs
Australia’s sharemarket has plunged again after global markets continued to sell-off overnight on fears the US tariff policy could be the start of a recession.
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.
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.
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.
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.
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.
‘Quiet old Friday’ as ASX gains
The ASX finished slightly up on Friday, but investors remain uncertain over a potential hung parliament and US President Donald Trump’s tariffs.
‘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.
Major banks’ grim news for savers
The major banks have slashed their deposits and savings rates, just days before the RBA will announce the nation’s official cash rate.
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.
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.
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.
Woolworths, Coles drives ASX higher
A rally in Woolworths and Coles shares on Friday helped the ASX finish higher on Friday, helping to lift the ASX to its best weekly gain in 2025.
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.
ASX surges to best day in six weeks
‘Pretty positive’ reactions from news from the US Federal Reserve and local employment data led the Australian sharemarket to its best day in six weeks.
‘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”.
ASX snaps three-week winning streak
Australia’s sharemarket has finished in the red as investors wait to see if the US Federal Reserve will spur on the world’s largest economy.
Profit crash hits iconic Aussie brand
Iconic department store Myer has suffered a sharp slump in profits as it struggles to reset its business.
Middle East turmoil spooks ASX
The Australian sharemarket relief rally continued for the third straight day on Tuesday, although the afternoon’s trading session will likely disappoint investors.
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.
ASX soars on possible US rate cut
The Aussie sharemarket lifted today on talks of a potential rate cut in the US, the start of a big tech week and potential stimulus measures from the world’s second largest economy.
Major bank reveals huge rate cut
A major bank has reduced its variable rates, as experts predict a ‘rates war’ between the big four lenders is about to heat up.
‘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.
‘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.
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.
$270bn wipe-out on the Aussie market
US President Donald Trump continued to send shockwaves through global markets as his tariff plan officially comes into effect on Wednesday afternoon.
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.
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.
Australia’s $200bn fallout from Trump tariffs
The ASX 200 has lost $200bn in just three weeks as the impact of US President Donald Trump’s brutal tariffs reverbate through markets.
ASX falls to 10 week low
A trio of stronger than expected economic data was not enough to stop Australia’s share market trading heavily in the red on Thursday.
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.
ASX dives on latest Trump development
The ASX 200 followed the US markets trading deep in the red on the back of the latest announcement by President Donald Trump on trade tariffs.
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.
ASX shakes off tariff fears
The Australian share market has been boosted on Monday from strong figures out of China and a resilient Wall Street.
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.
Coles, Qantas drive the ASX higher
Market heavyweights Coles, Qantas and Medibank soared on the back of a better than expected reporting season, helping the local sharemarket on Thursday.
ASX slides on Woolworths, Platinum results
Supermarket giant Woolworths and the major miners have sent the Australian share market down to a new six week low on Wednesday.
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.
Bank boss makes huge cash call
Commonwealth Bank boss Matt Comyn has backed cash, saying his bank will provide it to customers even as customers preferences change.
Grim update for Domino’s amid store closures
Domino’s Pizza has swung to a loss in the first half of the year as the pizza maker announces plans to simplify the business.
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.
Bank woes drop the ASX200
Australia’s sharemarket finished in the red on Friday as consumer discretionary and financials continued to weigh on the local market.
CBA, Fortescue lead ASX to 5 week low
The major banks and miners continued to slump on Thursday, dragging the Australian share market to its lowest point in five weeks.
‘Bitter pill’: Grim reality for Aussie savers
It’s only going to get worse for Aussie savers already on their knees after the Reserve Bank’s decision to cut interest rates.
ASX drops on NAB, MinRes earnings misses
The ASX’s weekly woes continued on Wednesday, as a big four bank and a major miner dragged the market heavily into the red.
Simple reason Aussies are a little richer
Aussies are tipped to be a little richer at the end January, as superannuation funds have a ‘flying start’ to 2025.
ASX tumbles on big bank, Woodside woes
A slump in the big banks and energy stocks pushed the Aussie market into the red on Tuesday, as the RBA struck a note of caution following its long-awaited rate cut.
‘Serious mistake’: Surprise scene outside RBA
Unions and interest groups ratcheted up the pressure on the Reserve Bank ahead of its decision to cut interest rates.
Westpac, Bendigo drag down ASX
Banks weighed on the ASX on Monday with disappointing earnings updates from Westpac and Bendigo Bank pushing the index to the red.
Major bank’s huge move on rates
Competition among mortgage providers has spurred a big four bank to cut its variable interest rates ahead of tomorrow’s RBA decision on the cash rate.
ASX climbs to new record high
Australia’s sharemarket continued its rally higher on Friday as traders factored in a more reserved Donald Trump on US tariffs.
Further sign rate cut is on its way
Banks are cutting one particular offering as they gear up for the Reserve Bank of Australia to do the same to the cash rate.
Chemist Warehouse deal debut helps ASX soar
The Aussie market finished at a new high on Thursday, helped by the listing of the mega Chemist Warehouse–Sigma Healthcare merged business.
Trump’s tariffs could stall rate cut
Uncertainty over US President Donald Trump’s current tariff policies could push back the RBA’s plans to cut rates in February, economists warn.
ASX soars on big bank’s mega earnings
The Australian sharemarket closed at a record high on Wednesday off the back of strong share price growth from the major banks.
CBA announces eye-watering profits
CBA has announced an eye-watering half-yearly profit despite citing cost-of-living concerns for customers.
ASX flat on latest tariff news
A major fall in the healthcare sector dragged the ASX 200 down as the market factored in the latest update in US President Donald Trump’s tariffs.
200k Aussies rail against cashless society
A petition to save cash through guaranteeing access to the tender and relevant banking services has surpassed 200,000 signatures.
Aussie bank’s big interest rate move
Another major financial institution has changed its rates ahead of the Reserve Bank of Australia’s decision on the official cash rate.
‘Stand up’: Turnbull’s Trump advice to PM
Malcolm Turnbull says Australia should not expect the US to not impose tariffs just because of the “special relationship” between the countries.
Wiped: Billions lost on Trump’s tariff plans
The Aussie sharemarket fell heavily on Monday as traders reacted to the latest round of tariffs and the impact they could have on the domestic market.
Buy Now Pay Later to face harsh regulations
New legislation is holding Buy Now Pay Later providers to Australian credit licence standards in an attempt to protect consumers.
ASX slides during Friday’s trading
The Australian sharemarket traded relatively flat on Friday as the market waits for a key piece of data that could determine when the US Fed will cut interest rates.
ASX marks second best close on record
The Australian sharemarket closed just off a record high on Thursday, as renewed optimism in the US-China relationship, spurred a rally in key stocks.
Coles slammed over mass product cull
Nationals leader David Littleproud has hit out at Coles after the supermarket giant flagged a cull in its product range, claiming prices at the checkout would rise.
ASX snaps two day losing streak
The Australian market broke a two-day winning streak on Wednesday as markets saw through US-China trade tensions.
Chinese tariffs shake Aussie market
The Australian markets had a promising trading day until the last hour when news broke that China and the US had failed to negotiate on tariffs.
ASX 200 hammered on Trump tariffs
Nearly $50bn was wiped off the Australian sharemarket on Monday as fears of a trade war led by US President Donald Trump tariffs ripped through the local market.
Grim truth about Aussie rate cut
Mortgage holders need more than one rate cut to start feeling relief, with only about 53,000 Aussies likely to move away from “at risk” should the RBA cut rates in February.
Aussie sharemarket closes on 100 day high
The Aussie sharemarket has closed on a 100 day high, led by consumer discretionary stocks as investors factor in rate cuts.
‘It’s on’: Major bank expects Feb rate cut
In welcome news for mortgage holders, a third major bank is now expecting a rate cut in February following lower-than-expected inflation data.
Original URL: https://www.news.com.au/finance/markets/australian-dollar