Huge change coming for Frequent Flyers
Qantas has made a significant purchase and it means big changes are coming for travel lovers.
Qantas has made a significant purchase and it means big changes are coming for travel lovers.
Mining and energy companies gained but there were losses for the local banks, health care firms and supermarkets in the first ASX session under an Albanese government.
The Australian sharemarket started strong after the weekend’s federal election provided a clear result, but new worries have wiped out early gains.
The Green wave in Queensland has claimed another prominent scalp as the party prepares to provide an unprecedented number of MPs to parliament.
A financial bloodbath on Wall Street set the scene for a dramatic Australian sharemarket dive on Thursday morning, with the index shedding billions of dollars.
Hundreds of thousands of mortgage holders face a jarring surge in repayment costs in the coming months as their ultra-low fixed-term plans wind down.
The technology sector was a sea of red after worrying data spooked investors and sent the sharemarket to a five-month low.
A worrying sharemarket sell-off resumed on Thursday in the wake of concerning US data, with one particular tech stock savaged.
Gains for the major miners helped the Australian sharemarket avoid a fourth straight loss and consolidate its position above the 7000 level.
The ASX tumbled again amid fears Chinese Covid-19 lockdowns and rate hikes will hurt global growth, with mining and energy companies particularly affected.
Original URL: https://www.news.com.au/the-team/alexander-druce/page/5