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.
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.
The Aussie dollar has spiked to a three-month high overnight, as Australia and the US eye off different paths for rate changes.
The ASX benchmark sank on Monday as falls in key commodity prices pushed major energy and mining companies lower.
A rebound in energy majors following a sell-off on Thursday saw the benchmark finish in the green on Friday.
Following a drop in oil prices after the delay of an OPEC+ meeting and a decline in iron ore prices, the Australian share market lost ground on Thursday.
An advance in large cap stocks made up for losses in real estate and tech stocks, with the benchmark unchanged on Wednesday.
Despite a fresh warning the RBA is still prepared to hike interest rates, markets were buoyed from a rally by iron ore miners.
A shocking rental lists a dank garage for $1000 a month in a grim reveal of the country’s rental crisis, with many asking how it is legal.
A drop in global oil prices has hit the Australian share market, pushing the benchmark lower on Friday with energy stocks sliding 1.6 per cent.
The parent company behind Optus has denied responsibility for the crippling outage, one day before CEO Kelly Bayer Rosmarin fronts a Senate hearing into the failure.
The Aussie share market sank on Thursday with traders seemingly unphased with the release of fresh employment data.
The budget carrier is offering travellers new direct flights to two of Australia’s most spectacular tourist destinations for just $59.
A better-than-expected US inflation print overnight pushed the ASX to an eight week high.
One state’s parliament erupted in a shouting match over how vital roads and bridges will be funded, as the federal government tries to claw back billions in cost blowouts.
Young Australians are struggling to maintain math standards and one expert has warned it threatens the nation’s infrastructure dreams.
A drop in energy and real estate stocks caused the Australian share market to lose ground on Monday.
There are now several suburbs across major cities without any spare rooms for desperate renters.
A grim warning by US Federal Reserve chair Jerome Powell saw the Australian share market finishing lower on Friday, erasing the week’s gains.
Australia’s biggest bank is the last of the Big Four to slug Aussie homeowners with another lift in interest rates. Here’s how much you’ll pay.
Despite heavy losses in tech and energy stocks, the local benchmark edged higher due as health stocks rose.
Almost all of the big four banks has announced it would lift interest rates once again in response to the RBA’s Melbourne Cup hike, increasing pressure on homeowners.
A rally in tech stocks offset losses in mining and energy shares on Tuesday, pushing the benchmark into the green at the closing bell.
One state’s premier has put the embattled telecommunications provider on notice its multimillion-dollar contracts with his government are at risk after Wednesday’s blackout.
The Reserve Bank has slugged homeowners with another rate rise and a recent surge in petrol prices is partly to blame.
There’s good and bad news in the latest report on drug use in Australia, with one drug on the decline but others on the rise.
Despite the RBA hiking interest rates for the first time in five months, the ASX clawed back some of its earlier losses to finish slightly lower on Tuesday.
Australia and Europe were close to an epic trade deal but it all fell apart this week. Here’s why Aussie wine producers are raising a glass to its demise.
Off the back of the worst week in the worst month, the ASX was up 2.2 per cent at the end of the week.
A positive lead from Wall St overnight, buoyed by the US Federal Reserve’s most recent rates pause, saw Aussie markets rise on Thursday.
New strict rules for Aussie travellers which could see their visas cancelled have been introduced.
Original URL: https://www.news.com.au/finance/markets/australian-dollar/page/18