Pain coming as recession point ‘triggered’
New US jobs data has just dropped and it’s not great reading with a key indicator of a recession being imminent.
New US jobs data has just dropped and it’s not great reading with a key indicator of a recession being imminent.
There was ‘nowhere to hide’ for traders on Friday as the ASX saw $59bn evaporate by the closing bell.
One Aussie city is seeing a concerning trend, with office vacancies at an all-time high as workers refuse to return to the office.
The ASX200 has notched a consecutive record closing high on Thursday.
A new set of data has revealed worrying details about the state of the Aussie economy, with households set to be squeezed even further.
Wide-reaching research has found the seemingly essential things Aussies are going without in the cost of living crisis.
The Aussie sharemarket marked another record high as investors responded positively to the news that inflation came in below expectations.
Inflation has hit 3.8 per cent for the June quarter, but some economists say that figure has given the Reserve Bank room to keep rates on hold.
Economists are divided on what happens next with interest rates with some saying they need to go as high as 5 per cent.
The June quarter inflation data will be released on Wednesday morning, giving pundits a clearer idea of whether the RBA will seek to hike rates next week.
The June quarter inflation data will be released on Wednesday morning, giving pundits a clearer idea of whether the RBA will seek to hike rates next week.
Following Rex’s decision to halt trading on the ASX, the carrier’s latest move has signalled more strife is headed for the airline.
The sharemarket retreated on Tuesday on the back of a sharp mining slump.
New data shows building approvals have stuck at near decade lows despite a modest uptick in the first half of the year, with NSW dragging down other states.
New data shows building approvals have stuck at near decade lows despite a modest uptick in the first half of the year, with NSW dragging down other states.
Aussie shares booked a positive session on Monday on the back of a relief rally from Wall St on Friday.
There’s a growing cloud of insolvencies ripping through Australian business and one cafe owner says he can’t catch a break.
It’s a problem across the world and government’s are struggling to solve it. It could mean a drop in living standards for everyone.
One tiny detail in a leaked government document has revealed China’s massive backtrack in one key area, setting alarm bells ringing.
More pain could be on the way for mortgage holders and the Albanese government, with an all-important data release tipped to show ‘persistent inflation’ in the economy.
A massive change for renters in one Australian state promises to help tenants “build a home and a life on surer ground”.
The Australian sharemarket slumped into a sea of red on Thursday as a gruesome tech rout on Wall St crippled confidence.
The Opposition says Labor’s factional system means Anthony Albanese won’t be able to announce the best team in his ministerial reshuffle on Sunday.
Anthony Albanese says a respected forecaster’s latest report pointing to a ‘fork in the road’ moment for the economy has endorsed his government’s policies.
There are increasing warnings that Australia could be plunged into a nightmare scenario if Donald Trump becomes president and a battle emerges with China.
A new report has revealed four million Australians are unable to afford basic essentials, forcing them into hygiene poverty.
A new report has revealed four million Australians are unable to afford basic essentials, forcing them into hygiene poverty.
A popular pizza chain has quietly shut its stores and online delivery service, becoming the latest victim of the nation’s hospitality bloodbath.
Demand in Australia’s housing market could be easing off, with a shock fall in new lending commitments.
Heads of state and senior banking executives will convene in Brisbane for a two-day forum to address concerns banks could pull out of Australia’s Pacific neighbours.
The big reasons Australian workers grow to hate their jobs and look for alternatives have been uncovered in a massive survey.
The Australian share market drifted lower in quiet trading on Friday as investors stepped cautiously before Wall St’s big Friday.
The consumer watchdog has granted interim approval for the multimillion-dollar deal to ensure the transport of cash across Australia.
Thousands of Australian jobs in the AI sector could be created this decade, but major issues remain unanswered.
The ABS has released its latest data on retail trade and building approvals, and the numbers show a boost for the Aussie economy.
A growing list of experts now fear the Reserve Bank will hike rates next month, which could have big consequences for millions of Aussies.
Former Fox News host Tucker Carlson has weighed in on one of Australia’s most contentious issues, days after blasting a journalist as “stupid”.
A fire at a major coalmine has caused hundreds of workers to be sent home and their futures are uncertain.
The Reserve Bank has released the minutes from its June board meeting where it considered another rate hike. The discussion shows some storm clouds for homeowners.
The Reserve Bank has released the minutes from its June board meeting where it considered another rate hike. The discussion shows some storm clouds for homeowners.
Opposition Leader Peter Dutton has put major supermarkets on notice, with the Coalition promising harsh penalties and policies which could split up the duopoly.
A young mother has made a desperate plea after she says her family would be homeless without help from her parents due to the rising cost of living.
Aussies rushing to lodge their tax refunds have slammed the Australian Taxation Office as a “joke” over major website delays.
Australians are increasingly making a desperate move to try to lower the cost of their mortgage, as it’s revealed how much extra the average owner is paying.
The start of the new financial year is here, and as always there are a raft of big changes kicking in.
Senator Jacqui Lambie, who earns $233,643, has dismissed the personal income tax cuts, saying “people like us” don’t need them.
Treasurer Jim Chalmers outlines the changes coming into effect today that will help “every Australian up and down the income scale”.
Anthony Albanese says a range of measures coming into effect on Monday will help Australians with the cost of living and help ease inflation.
Millions of Aussie households have been bringing in the bacon without lifting a finger.
Rents spiked as high as 6.9 per cent across Australia but some landlords are doing the unthinkable despite a cost-of-living crisis.
Original URL: https://www.ntnews.com.au/business/economy/page/4