Grim warning for Australian economy
Stage 3 tax cuts and wage growth have only marginally lifted retail sales in Australia, sparking this warning.
Breaking News
‘Cross-shopping’ trend taking over Australia
Australians are finding new ways to save at the checkout, with more hunting around for the cheapest prices.
ASX falls on ‘fat chance of a rate cut’
The ASX closed down 0.8 per cent as investors factored in the unlikely chance of getting a rate cut following fresh inflation data on Wednesday.
Aussie dollar set for two-year low
The Aussie dollar is on track for its worst month since September 2022 as markets price in a win for Donald Trump in next week’s US Presidential election.
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RBA ‘leaves door open’ to 2023 rate hike
The central bank now seems open to the possibility of lifting the all-important cash rate before 2024 – but expect your own bank to move beforehand.
ASX surges higher despite bank drag
News of a Singapore travel bubble helped stocks such as Qantas, but Westpac tanked after its full-year results failed to impress.
Big change coming to Crown Casino
Crown Casino has announced a major change that will impact anyone visiting its Melbourne and Sydney venues.
Interest rate chatter as house prices climb
Australian housing prices keep creeping higher, pushing more would-be first home buyers off the property ladder and fuelling rate hike talk.
Reclusive billionaire’s massive admission
Reclusive billionaire James Packer has made a bombshell admission at the Perth royal commission into Crown Casino.
ASX suffers worst day in four weeks
The ASX ‘completely ignored’ a positive lead from Wall Street and ground lower, enough to turn what was going to be a positive month into a negative.
James Packer gives up Crown stake fight
The reclusive billionaire had previously argued forcing him to slash his stake in the casino giant was not necessary, but has now resigned himself.
Resources tumble sends ASX into the red
After barely budging for five of the six previous trading days, the ASX finally found a direction to go in: south.
Casino operator Star insists it’s no Crown
The gaming giant has bombarded shareholders with anti-money laundering measures but made no progress on a multi-billion dollar merger.
Crown must ‘lift its game’ with addicts
Crown Casino has slipped in its handling of problem gamblers, its straight-shooting non-executive director has admitted.
Original URL: https://www.thechronicle.com.au/business/breaking-news/page/153