ASX closes at record high
The Australian market rallied during early trading as markets digest the latest appointment from President Elect Donald Trump.
The Australian market rallied during early trading as markets digest the latest appointment from President Elect Donald Trump.
It’s a big call by the bank regulator to use its boom time instrument to keep highly-restrictive settings on housing lending where no crisis exists.
Smaller listed ASX businesses are getting hammered as the flow of money largely favours blue chip stocks.
One of Australia’s major banks says mortgage holders may need to hang on for another six months before getting a rate cut.
A big change to crypto is coming and it could create hundreds of thousands of new jobs in Australia.
The ASX was propelled higher by a strong US lead, briefly piercing a key psychological level, with property and resources among the winning sectors.
One Australian state looks set to take out the Christmas beer guzzling gong, while another is poised to pop the most champers, a survey suggests.
Three cities have smashed all-time records for property auctions, while the two biggest beat previous highs, new data reveals.
Melbourne cafe owners Abigail Forsyth and her brother Jamie were appalled by disposable coffee cups. So they launched a globe-spanning empire.
The ASX followed the negative lead of US and European markets, with Afterpay and CSL proving major drags.
Aussies have been breaking records for Black Friday and Cyber Monday, and post-Christmas sales are also tipped to reach new heights.
The ASX followed European markets lower amid a rise in Covid cases there, but Wall Street seems to have shrugged off Omicron fears.
A big change is coming to some of Australia’s most popular retailers that will change the way customers shop in their stores.
Improved sentiment on global share markets and easing fears about the Omicron variant propelled the ASX firmly into the green.
Original URL: https://www.thechronicle.com.au/business/breaking-news/page/153