‘False prophets’: RBA deputy’s warning
A man at the top of the Reserve Bank of Australia has warned Aussies against “false prophets” who claim to know what will happen in the future.
A man at the top of the Reserve Bank of Australia has warned Aussies against “false prophets” who claim to know what will happen in the future.
The Australian stockmarket has ended a wild week on a positive note, propelled by renewed confidence on Wall St that the US will avoid a recession.
The sharemarket retreated on Tuesday on the back of a sharp mining slump.
With one simple act, a common financial gripe can be avoided and Australians can save $200m a year, the consumer watchdog says.
Aussie shares booked a positive session on Monday on the back of a relief rally from Wall St on Friday.
There’s a growing cloud of insolvencies ripping through Australian business and one cafe owner says he can’t catch a break.
More pain could be on the way for mortgage holders and the Albanese government, with an all-important data release tipped to show ‘persistent inflation’ in the economy.
The Australian sharemarket slumped into a sea of red on Thursday as a gruesome tech rout on Wall St crippled confidence.
The Australian sharemarket edged lower on Wednesday as investors opted for caution following days of political chaos.
The Australian sharemarket has lifted to break a three-day losing streak on Tuesday on the back of an tech-led Wall St rebound.
One of Australia’s biggest banks has just delivered a big gift to Aussies desperate to lock down a home of their own.
The fallout from the CrowdStrike global tech outage and US President Joe Biden’s decision not to run again have helped push down the Australian sharemarket on Monday.
New forecast shows the average Aussie will be $21,000 richer in retirement after change in payments from this month onwards. Here’s why.
A run-up in Aussie shares came to a halt on Friday, with a Wall St rout and mining sell off pushing the market into a sea of red.
The Australian sharemarket lifted on Wednesday on the back of a rising Wall St bull run.
The latest numbers on new home starts are out and it isn’t good news for battlers struggling to live the Australian dream.
Some dark economic data out of China triggered a sell-off in heavyweight mining stocks on Tuesday, pulling the Aussie market down from record highs.
Aussies shares continued to rally higher on Monday, crossing the 8000 threshold for the first time in history on speculation of imminent rate cuts in the US.
The Aussie dollar surged this month in multiple countries, giving travellers the confidence to head overseas to spend their hard-earned cash.
The Australian sharemarket has closed out the week on a record high as investors position themselves for imminent US Federal Reserve rate cuts.
Australia’s largest company will suspend its vast nickel mining operations, putting up to 2500 jobs in limbo.
The benchmark ASX200 has flown close to record highs on Thursday following a huge night of trading on Wall St.
A disturbing inequality between one group of Aussies and everyone else has been highlighted in a new report.
There’s a growing crisis in Australia’s trucking industry, and shoppers everywhere will be the losers.
Mining stocks have weighed down the sharemarket again this week, with the benchmark ASX200 dipping into the red on Wednesday.
Aussies will be richer with the arrival of Stage 3 tax cuts, but experts are warning the boost could trigger higher inflation and send mortgage payments soaring.
The sharemarket has started the week on a low note after a retreat in iron ore and oil prices over the weekend.
Demand in Australia’s housing market could be easing off, with a shock fall in new lending commitments.
The Australian share market drifted lower in quiet trading on Friday as investors stepped cautiously before Wall St’s big Friday.
The ABS has released its latest data on retail trade and building approvals, and the numbers show a boost for the Aussie economy.
Original URL: https://www.news.com.au/finance/markets/australian-dollar/page/12