Aussie shares retreat heavily along with the Aussie dollar and cryptos as Trump orders tariffs. A$ hits five-year low. Tariffs biggest trade shock since 1930s: RBC. Cettire “assessing” US tariff changes. Anna Bligh to vacate ABA’s top job.
The stock picker will put to test the notion that smarter investing is about backing the ones with skin in the game.
The Australian share market is expected to fall from near-record highs following President Donald Trump’s shock move to immediately forge ahead with tariffs.
The EDO could be stripped of its charity status if the non-profit commission finds it breached public trust and failed to act responsibly in its legal challenge against Santos.
New York-based analyst Viktor Shvets says the next decade promises to be the most critical in terms of the transition from today’s capitalism to a yet-to-be-defined alternative system.
There is more to inflation targeting than a blinkered fixation with the monthly inflation numbers and a mechanical policy response.
On eve of expected Mexico-Canada-China duties, the US president says he will impose sector-based levies on chips, pharmaceuticals and more.
The former treasurer is not going anywhere but has come out firing with a plan for the mega super fund to get its mojo back.
Australia’s sharemarket has broken records this week all while its US counterpart takes a deep breath to recover from the shock of China’s AI capability.
Companies are generally riding high on the sharemarket’s returns, which is why corporate Australia needs to show some earnings growth in the reporting season or see stock prices hammered.
After the US Federal Reserve kept rates on hold for the first time since July, JudoBank chief economic adviser Warren Hogan said it was ‘very much a cautionary tale for the RBA’.
Once bank AT1 notes leave the retail bond market, investors will be left with six options and more needs to be done to offer retirees alternatives for income, a joint industry working group says.
Stocks are soaring as rate cuts loom but value is far from universal. That’s why the nation’s oldest value fund has cast its gaze beyond the big banks and iron ore miners.
Labor’s proposed tax on the unrealised gains of super funds could cost it the next election, says fund manager Geoff Wilson, who mobilised investors in 2019 against a planned franking credit hit.
The sharemarket has jumped to a record high of 8515.7 points, amid positive leads from Wall Street after big tech reports and Reserve Bank rate cut hopes. DeepSeek will not derail Microsoft’s $US80bn AI investment this year. Zip and MinRes drop.
A return to monetary policy normal could be derailed if governments don’t rein in their big spending impulses.
As the odds overwhelmingly firm for an interest-rate cut in February, Jim Chalmers declares the government had handled the cost-of-living crisis better than other countries.
Financial markets consider an interest rate cut a all but done deal for February after inflation fell to its lowest level since 2021, aided by temporary cost of living subsidies.
A better than expected fall in inflation means the Reserve Bank may consider an interest rate cut for the first time since February 2020.
The backlash to a simple initiative, loaded with economic benefits, highlights the malaise in New Zealand’s collective mindset.
Original URL: https://www.theaustralian.com.au/business/economics/page/2