ASX slumps on iron ore, energy woes
The Australian sharemarket fell sharply in a ‘punchy session’ to start the week, dragged down by a selloff in the energy and materials sectors.
The Australian sharemarket fell sharply in a ‘punchy session’ to start the week, dragged down by a selloff in the energy and materials sectors.
Jim Chalmers has amped up his tax cut sell, revealing the group of Aussies expected to pocket an average of $3000 amid renewed concerns on the inflation fight.
Australian equities rose modestly on Friday to cap off a positive week buoyed by Wall St gains.
Wall St hit fresh highs overnight but it wasn’t enough to lift Aussie equities, with the ASX200 drifting lower on extended weakness in China.
As the dispute over proposed fuel efficiency standards shifts up a gear, 2023’s highest polluting car brands have been revealed in new analysis.
Ahead of key GDP figures to be released later this week, the Treasurer has issued a stark warning.
Ahead of key GDP figures to be released later this week, the Treasurer has issued a stark warning.
The government has got its stage 3 tax cuts through the Senate, meaning they will be in people’s pockets from July 1.
One of Australia’s most controversial leaders will give his final words to Parliament.
One of Australia’s most controversial leaders will give his final words to Parliament.
A push by the Coalition to develop nuclear energy generation in Australia has been slammed by mining magnate Andrew “Twiggy” Forrest.
A push by the Coalition to develop nuclear energy generation in Australia has been slammed by mining magnate Andrew “Twiggy” Forrest.
Ahead of the May budget, Labor will consider changes that could hugely benefit university students and graduates, after a landmark review called for reform.
Ahead of the May budget, Labor will consider changes that could hugely benefit university students and graduates, after a landmark review called for reform.
Original URL: https://www.ntnews.com.au/business/economy/federal-budget/page/30