$2.3bn project held to ransom over pay demand
Striking workers have put a $2.3bn green energy build at risk over demands of a 17 per cent uplift in pay.
Australian Dollar
ASX extends losses as Wall St stumbles
After posting strong gains in November and December, the local share market is off to a rocky start in 2024.
300 jobs at risk as coalmine goes bust
A privately held coal company has slipped into administration just two days after Christmas, putting the livelihoods of about 300 people at risk.
ASX skids after nudging record high
Fears that central banks will not cut interest rates as aggressively as anticipated stoked a broad selloff on the benchmark on Wednesday.
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Australian dollar lower against strengthened greenback
THE Australian dollar is lower against the strengthened greenback after a speech by US Federal Reserve chair Janet Yellen surprised the market.
Australian dollar rebounds above 93 US cents
THE Australian dollar has rebounded back above 93 US cents after losing ground on Thursday on the back of weak Chinese manufacturing data.
Australian dollar lower
THE Australian dollar has continued lower after Reserve Bank governor Glenn Stevens said he would not rule out intervention to bring the currency lower.
Australian dollar lower
THE Australian dollar is lower against the strengthening greenback following a rebound in US home construction.
Australian dollar hovering
THE Australian dollar is hovering above 93 US cents as investors await the release of the minutes of the Reserve Bank’s August board meeting.
Australian dollar remains above 93 US cents
THE Australian dollar remains above 93 US cents following last week’s disappointing batch of US economic data.
Australian dollar back above 93 US cents
THE Australian dollar is back above 93 US cents following soft US economic data.
Australian dollar rallies
THE Australian dollar has risen above 93 US cents following positive economic figures out of China and weaker data out of the US.
Australian dollar higher on greenback weakness
THE Australian dollar is higher as the greenback loses some of its strength.
Australian dollar continues range-trading
THE Australian dollar has moved little overnight, continuing to hover below 93 US cents.
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