ASX closes down after record day
The ASX closed down on Wednesday as investors took advantage to take a profit following a record day of trading on Tuesday.
Economy
Sweeping changes to national investment fund
The Albanese government is announcing sweeping changes to Australia’s sovereign wealth fund, to “maximise its role” for the future.
Aussies’ $103bn pay packet for one month
Australians were paid a historic amount overall for the month of September, as wages growth and the number of hours people were working increased.
Worrying trend emerging in cybercrime
A new report has revealed a worrying increase in cybercriminal attacks on wealthy private schools, using sinister techniques to hack sensitive data.
More Stories
Warning on Aus economy amid China crash
Treasurer Jim Chalmers has warned forecasted revenue “will be much smaller” due to China’s crashing property sector and its impact on iron ore prices.
Overworked Aussies ‘ripped off’ $91bn
Australians have the legal right to put their work phone on ‘do not disturb’ during out of office hours, but bosses are ignoring these new laws.
ASX 200 closes in on record high
The ASX 200 is trading up 2.6 per cent for November during the traditionally strong trading period leading into the ‘Santa Claus’ rally in December.
Grim reality for Aussie businesses
Aussie businesses have been hit with a grim forecast for the year unless consumers change their spending habits.
RBA refuses to rule out more rate hikes
The Reserve Bank of Australia is steadfast in its fight against inflation, even if it means mortgage holders will pay even more in the coming months.
Massive Gen Z, Boomer divide exposed
The cost of living crisis remains front of mind for young Aussies, while boomers are splashing their cash on travel and shopping.
‘Pretty crazy’: RBA’s bizarre move exposed
Inflation has “crashed” – but the RBA is still “misreading” the signals and leaving struggling Aussie homeowners in limbo. What gives?
Major twist after lake rename sparks anger
A controversial decision by the Victorian government to rename a lake after an Indian religious figure has sparked a war of words.
RBA makes call on mortgage stress
Aussie mortgage holders are in theory the most exposed to interest rates rises in the world, yet there is little evidence of a mortgage cliff, the RBA said.
200,000 Aussies eligible for $1100 payment
More than 200,000 homeowners are eligible for cost of living concessions, are you one of them?
Original URL: https://www.ntnews.com.au/business/economy