340 jobs at risk as Aussie paper mill teeters
The owner of Australia’s last remaining paper mill has warned that 340 jobs could disappear due to shock power shortages.
The owner of Australia’s last remaining paper mill has warned that 340 jobs could disappear due to shock power shortages.
The Aussie sharemarket has traded flat to start the new financial year, despite a strong lead-in from Wall Street.
The ASX 200 gained 10 per cent in the financial year after with healthcare and consumer discretionary stocks driving the market higher on Monday.
Australia’s energy minister has flagged major potential changes to the country’s domestic gas market, as the ACCC warns of looming shortfalls.
The ASX 200 closed a shortened trading week in the green, following talk the US is considering stepping back on its tariff policies.
Major energy and mining stocks drove the ASX 200 higher, as the United States talks peace with China.
Australia’s stock market has recovered from a sharp fall at the start of trading thanks to the banks and major mining companies.
A surge in energy stocks and Australia’s major miners has driven the ASX 200 higher.
The local market slid on sea-sawing session as investors wait to see the fallout from the latest Trump announcement.
Major healthcare stocks and the big four banks drive the market into the green on a relatively subdued day of trading.
The Reserve Bank of Australia has revealed why it poured cold water over back-to-back rate cuts for mortgage holders.
The ASX 200 continues its relief rally on Monday following the latest back down from US President Donald Trump.
The Australian economy is vulnerable to a recession larger than the global financial crisis on this simple act by China.
A relief rally added $116b in value to the Australian sharemarket on Thursday following Donald Trump’s decision to pull back from a global trade war.
Original URL: https://www.ntnews.com.au/business/markets/australian-dollar/page/11