Stark numbers show ‘Big Australia’ is coming
Australia’s population is set to get bigger and older as a relentless immigration boom adds millions more to the country even as natural births decline.
Australia’s population is set to get bigger and older as a relentless immigration boom adds millions more to the country even as natural births decline.
As new data showed the economy “hit the wall” in the September quarter, traders ramped up their bets the RBA would start cutting rates, sending the share market higher.
As household borrowers breathed a sigh of relief as the RBA held off on another rate hike, the Aussie share market had its worst daily result in more than a month.
Ahead of the RBA’s final board meeting for 2023, the Australian share market reached a 10-week high on Monday as fears of further rate tightening continue to fade.
THE Australian dollar is weaker following disappointing building approvals figures.
THE Australian dollar remains above 93 US cents, boosted by better than expected Chinese manufacturing figures.
THE Australian dollar hit an almost two week high after official data showed business investment intentions for the coming financial year are getting stronger.
THE Australian dollar is a touch higher in quiet trade after European markets made solid gains overnight.
THE Australian dollar has drifted lower against a stronger greenback amid an improving US economic outlook.
THE Australian dollar is lower after a rally sparked by strong Chinese data fizzled out during the offshore session.
THE Australian dollar is slightly higher after bouncing from a three week low.
THE Australian dollar fell to a three week low, coming under pressure from weaker iron ore prices and concerns about the Chinese economy.
THE Australian dollar is slightly lower in cautious trade ahead of the release of the minutes of the Reserve Bank’s May board meeting.
THE Australian dollar is higher but remains below 94 US cents after a quiet overseas trade.
Original URL: https://www.ntnews.com.au/business/markets/australian-dollar/page/130