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.
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.
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.
A major energy project is under investigation after workers flagged safety failures, including unhygienic worksites that lack toilets, soap and sanitiser.
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.
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.
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.
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.
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.
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?
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.
After fresh inflation data showed price pressures cooling faster than expected, the share market finished in the green on Thursday.
Ahead of the release of fresh inflation data, which is expected to show prices eased in October, the Aussie share market rallied on Tuesday.
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.
Original URL: https://www.news.com.au/finance/markets/australian-dollar/page/7