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.
Australian Dollar
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.
ASX 200 trades flat as Wall Street falls
A smaller tech sector exposure and a strong performance from consumer discretionary stocks saw Australia finish marginally in the red, despite a sell off on Wall Street.
Rate cut in February hangs on this figure
Struggling borrowers could finally get a rate cut in February, with inflation tipped to fall faster than the Reserve Bank has been expecting.
Major retailers drive Aussie market surge
Major retailers were responsible for the Aussie sharemarket closing just shy of a record high – with the dollar also climbing to a new peak.
Aussie red meat booms to record high
Aussie farmers have plenty to celebrate this Australia Day, with fresh figures revealing a stunning boom in red meat exports.
ASX snaps three-day winning streak
The Aussie sharemarket has snapped a three-day winning streak as consumer-facing stocks and an “unloved” mining sector drag the index lower.
Mining state sinks into budget black hole
Millions of Aussies are confronting a stark budget black hole, with an economic update exposing a serious $217bn breakdown in one state’s finances.
Trump lifts ASX for third straight day
Australian sharemarket firmed on Wednesday, as Donald Trump helped the strong performance by Australia’s tech sector and uranium shares.
Faltering dollar ‘unlikely’ to sway RBA
Australia’s weak dollar could see inflation tick up slightly, but it is unlikely to move the RBA on its next rate cut decision, a leading economist says.
ASX jumps after volatile day of trading
The Aussie sharemarket closed up on a strong day of trading, as investors factor in the new US President and how his proposed tariffs will impact the market.
ASX falls despite commodity boost
The Australian sharemarket slipped on Friday, despite a positive boost for the country’s commodity sector on the back of results out of China.
ASX rises on falling US inflation
The Aussie sharemarket surged on Thursday, thanks to new data and led by the major banks and information technology stocks.
Mixed markets sees ASX close in red
The Aussie market closes down despite a positive start to trade across the board, as investors look ahead for jobs data and US inflation updates.
ASX jumps on US tariff hopes
Australia’s share market finished in the green on Tuesday, led by the major resources and property stocks, and a surprise report out of the US.
Why Aussie dollar fall could cost homeowners
The chances of an interest rate cut in early 2025 are falling faster than the Aussie dollar, with experts saying the drop in our currency could cause the Reserve Bank to baulk at a cut.
ASX slumps on US job figures
Banks, consumer discretionary and information technology stocks have slumped during a broad market sell-off on Monday.
ASX falls during Friday’s trading
A share sell-off in the banking and consumer staples sectors saw the Australian market trade heavily in the red on Friday.
ASX 200 snaps five day winning streak
The Australian sharemarket has dipped on Thursday, breaking a five day streak, despite favourable retail sales data.
ASX hits 4-week high on inflation surprise
Fresh inflation data has given the Australian share market a boost, with trading up on Wednesday.
ASX rises for fourth straight day
The Aussie market has risen for the fourth straight day and reached a three-week high despite falling commodity prices.
‘Darker purpose’: Big claim on $2.50 cash fee
An Australian bank has been slammed for “cash grabbing” after launching a controversial $2.50 fee for customers accessing their own money.
ASX trades flat on weakening iron ore outlook
ASX eked out tiny gains during Monday’s trading as rises in property trusts and information technology stocks beat falls in iron ore miners.
Why Australia invests in ramen, comic books
From ramen noodles to online gambling, Australia’s $225bn Future Fund has some pretty wild investments on its books. Here are our top 10 wildest bets.
ASX surges back to form in 2025
The ASX 200 had a strong opening trading day for 2025, led by growth in the energy, materials and property sectors.
Aussie dollar falls to Covid low
The Australian dollar has fallen to a near-five-year low that is the worst seen since Covid.
ASX tumbles on final trading day of 2024
The ASX 200 tumbled during Tuesday’s trading with A-REITs, consumer discretionary and financial stocks all down more than 1 per cent.
ASX’s shocker final day of trading
The Australian share market has endured a shocker final full day of trading for 2024 – with all but one sector closing the day lower.
ASX rises on post Christmas trading
Investors received a late Christmas present with the ASX 200 rising on the first trading session following the holiday break.
ASX snaps grim days-long losing streak
The ASX has surged back and broken a days-long losing streak – after better than expected inflationary data out of the US sent markets higher around the world.
Urgent warning for thousands of Aussies
Aussies are being warned to check their mobile and wearable payment devices or risk being unable to purchase items this New Year’s Eve.
Grim update as ASX sell-off continues
The ASX has tumbled to a new low after markets continued to sell off, with investors factoring in a less-than-favourable decision in the US.
Australia hit by $50b bomb in global panic
The global economy has been hit hard by a huge call in the US and Australia has been firmly in the firing line.
ASX plummets after US reserve’s pivot
The ASX cratered after a major decision on a US rate cut, with all 11 sectors trading in the red.
One thing making Aussies $1.5 trillion richer
Australia’s collective household wealth has soared over the last 12 months driven by one key thing.
Aussie dollar slumps to 24-month low
The Aussie dollar has collapsed during this morning’s trading as the US Federal Reserve says the rate cutting cycle will slow down.
ASX trades flat ahead of US rate cut
The ASX 200 traded slightly down ahead of a major decision by the US Federal Reserve, just after the market hit a four-day high.
ASX falls to fresh four-week low
The ASX 200 has continued to suffer major headaches amid falling iron ore prices – with the market falling to a fresh four-week low.
Why RBA is being blamed for inflation
The RBA’s slow response to the post-Covid economic boom is to blame for Australians paying more on their mortgage today, a consulting firm has found.
ASX slumps to worst week in four months
A sharp sell-off in materials and utilities dragged the Aussie sharemarket into the red – marking its worst week in four months.
ASX falls on surprising jobs figures
The ASX has fallen to a three-week low on Thursday as markets digested better than expected unemployment figures.
Surprising Aussie fashion trend revealed
Buy-now pay-later giant Afterpay has revealed some surprising Aussie fashion trends in its latest Afterpaid report, with one colour dominating 2024.
ASX falls to three week low
A sharp sell-off in information technology and energy stocks dragged the Australian markets down during Wednesday’s trading.
Aussie shares slump on bank, tech rout
A sharp sell-off in banking and tech stocks pushed the Australian sharemarket into the red on Tuesday, even as the heavyweight mining sector soared.
Chart reveals why Australia is screwed
Australians are getting poorer and a leading economist has produced a simple chart that shows why.
ASX finishes week in the red
The ASX 200 has traded down following weak investor sentiment and a key piece of US data coming out overnight.
Mixed day for Aussie sharemarket
The local market traded higher on Thursday but was unable to close above 8500 points due to a pullback in the afternoon’s trading.
Surprise reason for Aussie spending jump
A surprise jump in spending in major two areas has given early indications Aussies are starting to spend again, in spite of a high cost of living.
Big miner issues blunt warning to Aussies
A leading mining figure has delivered a dark speech warning that Australians will need to “do more, move faster and work harder” to maintain prosperity.
Original URL: https://www.news.com.au/finance/markets/australian-dollar/page/2