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Aussie dollar

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The costly business of cash has to change
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

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Super-sized rate cuts on horizon after $90 billion sharemarket rout

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
ASX dips after losses on Wall Street; Perpetual hit by outflows

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
Miners, banks lift ASX after Wall Street rises; Santos surges

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
ASX retreats after Reserve Bank minutes; Coal miners jump again

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
ASX rises as Wall Street gets inflation boost; Sigma slumps

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
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ASX weighed down by utilities, miners and tech stocks

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
ASX slumps, tracking losses on Wall Street; BHP falls after scrapped Anglo deal

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
If Chalmers gets the budget wrong, interest rate rises may kill his government

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
We asked Victorians what they thought of the budget. This is what they told us

We asked Victorians what they thought of the budget. This is what they told us

It’s a tight budget with a few standouts for families, but Victorians still have plenty to say.

  • by Najma Sambul, Lachlan Abbott, Caroline Schelle and Sherryn Groch
ASX slumps after weak US data; BHP shares drop on $60b deal

ASX slumps after weak US data; BHP shares drop on $60b deal

Australian shares sunk to almost three-month lows after higher-than-expected inflation figures in the United States and Australia pushed bond yields higher and weighed on the local bourse. 

  • by Sumeyya Ilanbey and Millie Muroi

Original URL: https://www.theage.com.au/topic/australian-dollar-5un