300 jobs at risk as coalmine goes bust
A privately held coal company has slipped into administration just two days after Christmas, putting the livelihoods of about 300 people at risk.
Australian Dollar
ASX skids after nudging record high
Fears that central banks will not cut interest rates as aggressively as anticipated stoked a broad selloff on the benchmark on Wednesday.
ASX nears record on first day of 2024 trade
The share market finished higher in its first day of trading for 2024, with the benchmark index just five points away from reaching its all time high.
New tax to hit Aussie travellers
Aussie travellers will soon be hit by a new tax when trying to visit one of the nation’s most popular holiday destinations.
ASX falls in final session of 2023
The local benchmark sank in its final session of the year, as investors looked to lock in some profits to cap off a solid December run.
ASX200 closes in on record high
Australian shares continued to advance on Thursday as a rally in the materials sector pushed the benchmark to close just 14.6 points below its record high.
$1300 millions of Aussies missing out on
Australians have just four days left to potentially claim thousands of dollars back in health cover costs. Here’s what you need to know.
ASX up as iron ore soars to $US140 a tonne
In its first trading session after Christmas, the share market rallied on Wednesday as iron ore miners tracked gains in commodity futures.
ASX steady ahead of Christmas break
Despite gains in energy and real estate stocks helping to offset a drag in consumer staples, the sharemarket finished flat on Friday.
Aussie shares plummet as Wall St falls
The local share market lost ground on Thursday, as profit taking by traders led to a sell off in technology and real estate stocks.
Australian shares near record high
Australian shares advanced on Wednesday, as a record breaking session on Wall Street helped propel the local market to just 1.2 per cent below record levels.
ASX at 10-month high as Rio hits record
The Aussie share market climbed to its highest level since February 10 on Tuesday, as material and energy stocks helped drive the benchmark higher.
ASX edges lower amid takeover frenzy
While the Australian share market lost ground on Monday, led by a fall in real estate stocks, billions worth of deals were lobbed or closed.
ASX books strongest week since July
In a week dominated by expectations of rate cuts from the US Federal Reserve in 2024, a rally in mining and energy stocks pushed the benchmark to a 20-week high on Friday
Bank’s surprise gift to homeowners
An Australian bank has delivered a surprising gift to new home hunters just before Christmas.
ASX hits 18-week high on US rate cut bets
The Aussie share market finished sharply higher on Thursday after the US Federal Reserve kept rates on hold and signalled cuts in the months ahead.
Sigma share price surges on merger news
The ASX has closed flat but the big news is the surge in Sigma Healthcare’s share price on continued merger news with Chemist Warehouse Group.
ASX on three-day winning streak
Ahead of key US inflation data to be released on Wednesday night, the ASX finished higher for the third day in a row, buoyed by a rise in interest rate sensitive stocks.
ASX flat as US inflation looms
A mixed session saw the local share market finish flat on Monday as a jump in energy stocks and a fall in the material sectors pulled the bourse in both directions.
$2.3bn energy project under investigation
A major energy project is under investigation after workers flagged safety failures, including unhygienic worksites that lack toilets, soap and sanitiser.
Stark numbers show ‘Big Australia’ is coming
Australia’s population is set to get bigger and older as a relentless immigration boom adds millions more to the country even as natural births decline.
ASX surges as traders bet on rate cuts
As new data showed the economy “hit the wall” in the September quarter, traders ramped up their bets the RBA would start cutting rates, sending the share market higher.
Worst week for Aussie shares in 6 weeks
As household borrowers breathed a sigh of relief as the RBA held off on another rate hike, the Aussie share market had its worst daily result in more than a month.
ASX rallies ahead of RBA decision
Ahead of the RBA’s final board meeting for 2023, the Australian share market reached a 10-week high on Monday as fears of further rate tightening continue to fade.
Marles touts AUKUS AI as China threat looms
Australian, UK and US defence ministers are touting a brave new world of AI-backed surveillance technology just days after the Chinese navy injured Australian military personnel in the East China Sea.
Why the Aussie dollar is soaring
With the Aussie dollar sitting at three-month highs, it’s good news for those planning a trip to the US, but what’s driving the gains?
ASX rallies to close up
A rally in tech and industrials saw the benchmark finish in the green on Thursday as Origin Energy’s board rejected a proposed takeover bid.
ASX climbs on soft CPI data
After fresh inflation data showed price pressures cooling faster than expected, the share market finished in the green on Thursday.
ASX rebounds ahead of October CPI
Ahead of the release of fresh inflation data, which is expected to show prices eased in October, the Aussie share market rallied on Tuesday.
Christmas casualty of cost-of-living crisis
Even Santa and his helpers can’t escape the country’s cost-of-living squeeze, with more Aussies set to turn out the lights on a beloved festive season tradition.
Original URL: https://www.news.com.au/finance/markets/australian-dollar/page/17