Aussie shares hit new high on iron ore boom
The Australian sharemarket notched a fresh record high on Monday on the back of a mammoth rally in iron ore prices.
The Australian sharemarket notched a fresh record high on Monday on the back of a mammoth rally in iron ore prices.
Treasurer Jim Chalmers says a major move by China could be a game changer for a key sector of Australia’s economy.
The Albanese government is celebrating its budget surplus, but it’s still unclear when household budgets will get some reprieve.
The Albanese government is celebrating its budget surplus, but it’s still unclear when household budgets will get some reprieve.
A massive net overseas migration number has pushed Australia’s population to 27 million in the latest population figures from the ABS.
A major Australian bank has issued a grim warning on where rates are heading, with the next cut not predicted until 2025.
Australia’s workplace umpire has revealed its reasons for increasing the minimum wage for 2.6m workers by another 3.75 per cent.
Aussie shares shrugged off a grim night on Wall St to end a three-day losing streak and finish the week with a broadbased rebound.
With the commencement of the Albanese government’s 1.2 million homes target less than one month away, housing approvals continued to disappoint.
The Australian sharemarket fell for its third straight session on Thursday, dragged down by Wall St, inflation fears and a tumble at BHP.
The central bank has issued a note of caution following the release of firmer-than-expected inflation figures.
Australian shares slumped on Wednesday after hotter-than-expected CPI numbers renewed inflation fears and narrowed the likelihood of rate cuts this year.
Labor’s Industry Minister is advocating for a cut in corporate taxes to help companies have the capital to invest in the future.
Ten of 11 industry sectors ended in the green on Monday in a rebound ahead of crucial retail and inflation data.
Original URL: https://www.ntnews.com.au/business/economy/federal-budget/page/13