Aussie shares dive on Wall St bloodbath
The Australian sharemarket slumped into a sea of red on Thursday as a gruesome tech rout on Wall St crippled confidence.
The Australian sharemarket slumped into a sea of red on Thursday as a gruesome tech rout on Wall St crippled confidence.
The Australian sharemarket edged lower on Wednesday as investors opted for caution following days of political chaos.
The Australian sharemarket has lifted to break a three-day losing streak on Tuesday on the back of an tech-led Wall St rebound.
The fallout from the CrowdStrike global tech outage and US President Joe Biden’s decision not to run again have helped push down the Australian sharemarket on Monday.
Under a controversial proposal to divide up the GST take between the states, NSW, Victoria and Queensland could be left billions of dollars worse off.
Tuesday’s budget will unveil tax reform beyond the changes to stage 3 cuts, the Treasurer has said, as he sets out the government’s priorities.
Tuesday’s budget will unveil tax reform beyond the changes to stage 3 cuts, the Treasurer has said, as he sets out the government’s priorities.
Warning that the RBA would not hesitate to pull the trigger on further rate hikes if needed, Governor Michele Bullock revealed rate hikes had been considered.
Victorians will see fewer infrastructure projects and a multi-billion dollar first homebuyer scheme will be retired in Treasurer Tim Pallas 10th state budget.
The Treasurer has left the door open to “additional steps” to boost welfare payments in next week’s federal budget.
Releasing its fresh quarterly forecasts, the central bank painted a gloomy picture on the path for inflation, with one essential cost for many playing a key role.
Despite concerns raised by some economists, federal Treasurer Jim Chalmers is set to reject calls for further austerity in the upcoming May budget.
A major question about how a major overhaul to student debts will be handled has been answered.
The chief executive of one of Australia’s biggest banks has laid bare the stress Aussie homeowners are going through.
Original URL: https://www.ntnews.com.au/business/economy/federal-budget/page/24