ASX rockets up after Trump tariff backflip
US President Donald Trump’s wild backdown on tariffs has lifted Wall Street and sent the Australian sharemarket shooting up.
US President Donald Trump’s wild backdown on tariffs has lifted Wall Street and sent the Australian sharemarket shooting up.
Aussies could change their spending habits as the fallout from US President Donald Trump’s tariffs continues to weigh on global economies.
US President Donald Trump’s trade war has not immediately affected the Australian federal budget, the latest update shows, but the economy could take a hit.
Anthony Albanese says Australia has been in contact with the White House, as he says the global chaos from the Trump tariffs is concerning for Aussie super.
The local sharemarket has secured its fifth consecutive day of gains on Wednesday as optimistic investors rallied in 10 of 11 sectors.
The startup seemed like a great idea but there was just one problem and now investors claim they were duped.
Shareholders are criticising the way some of their invested funds have been spent, including the director paying himself a $308,000 salary while the business had yet to launch.
It looks like the United States has spectacularly shot itself in the foot, missing out on trillions while Australians have the last laugh.
The Aussie sharemarket lifted today on talks of a potential rate cut in the US, the start of a big tech week and potential stimulus measures from the world’s second largest economy.
An Aussie billionaire and ardent climate change campaigner has just bought a private jet, but says he feels a ‘deep internal conflict’ about it.
Australians are set to work longer as rising cost-of-living sees them put off their retirement.
It’s only going to get worse for Aussie savers already on their knees after the Reserve Bank’s decision to cut interest rates.
The Reserve Bank of Australia has switched things up, meaning eager homeowners will have to wait a little longer to find out if they will get another rate cut.
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.
Australia’s largest miner will pay shareholders their lowest interim dividend in eight years after a massive profit slump.
Banks are cutting one particular offering as they gear up for the Reserve Bank of Australia to do the same to the cash rate.
One of the big four banks has made a major call ahead of any Reserve Bank of Australia decision to cut the cash rate.
Friday’s rally in mining, real estate and technology stocks pushed the ASX 200 to a new record high.
An official Trump meme coin has skyrocketed by more than 40,000 per cent since Friday, creating billions of dollars out of thin air.
It’s how countless Australians invest their hard-earned cash – but an alarming new trend has emerged, which could endanger your money.
With thousands of Aussie homeowners buckling under the weight of hefty repayments and the cost of living crisis, a financial expert has laid out his best tips going into 2025.
An Australian bank has been slammed for “cash grabbing” after launching a controversial $2.50 fee for customers accessing their own money.
A dramatic fall in new building approvals just as the market looked to turn a corner has cast more doubt on Anthony Albanese’s housing target.
An Aussie father has revealed his dream has come true after taking home nearly $5m in a “life-changing” win, while a mystery person holds a huge fortune and may not know it yet.
A fugitive “genius” who went on the run after his crypto company collapsed, wiping out $64 billion in investor assets, has appeared in court.
As mounting cost of living pressures put more strain on budgets, cash-strapped Aussies are cutting back on little luxuries just to save a bit more.
The stock market is set to pull off an incredible feat which hasn’t been done since 1998.
House prices are expected to rise yet again in 2025 – but there could be a brief window of hope for those looking to crack the market.
Struggling Aussie homeowners could get a rate cut sooner rather than later as the Reserve Bank says it is “increasingly confident” about a reduction.
With Bitcoin trading above $160,000 and interest in crypto soaring, experts have issued an urgent warning to Aussie investors.
An Australian man who planted himself into one of the great mysteries of the digital age has been found in contempt of court.
The RBA board will meet on Tuesday and announce the final cash rate decision for 2024 later in the day.
Australians are getting poorer and a leading economist has produced a simple chart that shows why.
Aussies may be entitled to a share in billions of dollars’ worth of “unclaimed money” accumulated over the years. Here’s how you can find out if you’re eligible.
A lucky Australian could win a life-changing amount of money as no division one Powerball winners have been picked over the last month.
A young crypto enthusiast has walked away with $46,000 after creating a meme coin and executing a “rug pull” during a livestream.
Donald Trump’s landslide win will have huge impacts across the globe – including potentially sending the cryptocurrency soaring.
Aussie farmers are up in arms about supermarket behemoths Coles and Woolies, but an ACCC hearing has heard they have nowhere else to go.
Court documents have exposed how an investor used dodgy cheques, forged bank transfers and fake account balances to swindle millions.
Gen Z is sometimes written off as a “live-for-the-day” generation, but a surprising new trend shows they’re a lot more savvy.
Aussie billionaire Andrew “Twiggy” Forrest has made an emotional appeal to big businesses and philanthropists to respond to the humanitarian crisis in Palestine during his huge aid pledge.
Hot on the heels of promising state-owned petrol stations, one premier fighting for his job has made another huge pledge.
One of the big four banks has slashed the interest rate on one of its most popular savings accounts unless customers comply with a new condition.
One mortgage group is outpacing owner-occupied loans at an astonishing pace, with one critic claiming the new figures show it’s easier for “hoarders” to own homes they don’t plan to live in.
Looking to buy your first home? The latest auction results could signal an important change in Australia’s ‘unstoppable’ housing market.
Aussie Hollywood star Isla Fisher has just put up her Sydney apartment for sale, with a guide price pegged at a cool $1 million.
How to listen to latest episodes of The Missing $49 Million Podcast
As Australia’s biggest companies do all they can to cut costs, the corporate juggernauts are pulling back profits to pay shareholders.
A federal minister has been slammed over a social media video in which she’s likened to a salesperson “selling a used car”.
The cost of managing your money, getting a loan, and insuring your possessions has gone up way more than the actual inflation rate in the past year.
A money guru has shared the simple way to make hundreds of thousands of dollars in a few years – with just one small caveat.
Facing mounting student debts and the cost-of-living grind, younger people are getting savvier on who holds onto their money.
An Australian fraudster who took millions from his victims used some of the funds to promote the views of controversial figures in politics in both Australia and abroad.
Donald Trump might be the key to solving the mystery of an Aussie fraudster who took the secret of his stolen $49 million fortune to the grave.
One lucky person has the winning $100m lotto ticket and they don’t even know it.
Australian lottery trends have been revealed ahead of this week’s $100m jackpot, with some postcodes appearing to be winner hotspots.
To most, it’s just an island paradise. But it’s also a place where a notorious Aussie fraudster kept a dark secret.
Past lotto winners have revealed what they spent their cash on and offered advice to future winners ahead of this week’s monster $100m Powerball jackpot.
Some people don’t believe this Aussie fraudster is really dead and are convinced he’s living off their money in an island paradise somewhere. It’s time to find out once and for all.
A money guru has revealed the gobsmackingly simple way you can strike it rich – and it’ll only cost you some spare change.
After Crypto.com made a huge mistake that went undiscovered for months, a man splurged millions of dollars while his partner ignored their calls.
An Aussie fraudster appeared to be dabbling in something similar to cryptocurrency shortly before he died, taking the secret of his multi-million dollar fortune to the grave.
An Irishman approached an Aussie company and investers were told they’ve be very, very rich. Then the truth came out.
The one-storey brick home on a quiet Queensland street had a massive secret – and it was one that police were determined to discover.
A judge has been urged to jail a wannabe investor who spent millions he had been wrongly sent by a cryptocurrency exchange.
The most audacious plan of Queensland’s worst ever conman has finally been revealed – and it involved swindling an entire town.
An Aussie farmer never could have imagined that a friendly chat with the person sitting next to him on a plane would cost him $1.5 million.
A rare Australian Olympic team coin is expected to fetch a staggering price at an online auction.
One ordinary Aussie man was convinced foul play was at hand, but his family wouldn’t listen. What happened next tore them apart.
A start-up employee has revealed she wanted to “get out” of the Aussie company she feared was a scam years before its spectacular $49 million implosion.
One of Australia’s biggest banks has just delivered a big gift to Aussies desperate to lock down a home of their own.
A massive stock trade just before the Trump shooting that sparked frenzied conspiracy theories has now been explained by the firm involved.
These people live among us, and this is how they are able to trick so many people for so long.
A man who pitched himself himself as a successful “techpreneur” kept his prolific past of fraud hidden for 50 years – until now.
The are two main options, and the right choice could mean tens of thousands of dollars more in your pocket each year.
A money tactic traditionally associated with rich boomers is gaining popularity among young Aussies, and it could be the secret to cracking the property market.
A property investor has slammed young Australians for “boomer bashing”, claiming it’s not easy to be a landlord.
It was supposed to be “bigger than Google” and was one day going to be worth $10 billion but something very different happened to this start-up.
He’s the biggest Aussie fraudster you’ve never heard of who took twice the amount of money infamous Sydney conwoman Melissa Caddick stole from her victims.
Everything about Alan Metcalfe’s funeral seems ordinary. Except it’s not, not at all. And one word gives it away.
Original URL: https://www.news.com.au/finance/money/investing