Aussie dollar
Shops to be forced to accept cash for basic supplies and services
The use of physical currency has plummeted in recent years, but Australians will still be able to use it to buy essential items into the future.
- by James Massola and Shane Wright
Latest
Opinion
Currencies
Rampant US dollar sends a threatening message to the rest of the world
The greenback has surged against currencies of America’s major trading partners since the election, sounding a warning for the global economy.
- by Stephen Bartholomeusz
Opinion
Cash
The costly business of cash has to change
When debating surcharges imposed on people who pay with a card versus physical money, I’ve lost track of the number of times I’ve had to explain that cash is not free.
- by Shane Wright
Super-sized rate cuts on horizon after $90 billion sharemarket rout
As the Reserve Bank board met on Monday, $90 billion was wiped from the sharemarket and investors began to bet on a large pre-Christmas interest rate cut.
- by Shane Wright and Millie Muroi
Updated
Sharemarket
ASX dips after losses on Wall Street; Perpetual hit by outflows
The Australian sharemarket traded slightly lower on Wednesday after weak session on Wall Street, where earnings reporting season has ramped up for the bigger companies.
- by Millie Muroi and Sumeyya Ilanbey
Updated
Sharemarket
Miners, banks lift ASX after Wall Street rises; Santos surges
The Australian sharemarket surged on the back of Wall Street’s record-breaking rally, following weak reports on the US economy which kept the door open for possible interest-rate cuts.
- by Millie Muroi
Updated
Sharemarket
ASX retreats after Reserve Bank minutes; Coal miners jump again
Miners and consumer discretionary companies kept the Australian sharemarket in the red on Tuesday after the Reserve Bank’s latest meeting minutes.
- by Millie Muroi
Updated
World markets
ASX rises as Wall Street gets inflation boost; Sigma slumps
The Australian sharemarket advanced, powered by interest-rate-sensitive tech stocks and real estate investment trusts after Wall Street hit new records overnight.
- by Sumeyya Ilanbey
Updated
World markets
ASX weighed down by utilities, miners and tech stocks
The Australian sharemarket declined after a mixed finish on Wall Street ahead of key inflation reports and the Federal Reserve’s interest rate decision.
- by Millie Muroi
Updated
World markets
ASX slumps, tracking losses on Wall Street; BHP falls after scrapped Anglo deal
The Australian sharemarket fell for a third consecutive trading session to a one-month low, as investors sold off equities amid concerns persistently high inflation would prompt the Reserve Bank to keep interest rates high for longer.
- by Sumeyya Ilanbey
Opinion
Federal budget
If Chalmers gets the budget wrong, interest rate rises may kill his government
For Treasurer Jim Chalmers, this budget is existential. Bad decisions could increase unemployment or provoke more interest rate rises. Both would be political nails in the government’s coffin.
- by Shane Wright
Original URL: https://www.smh.com.au/topic/australian-dollar-5un