‘Stunning reversal’ needed to stop rate hike
A higher-than-expected inflation rate of 4 per cent for May has raised expectations the Reserve Bank will have to raise rates at its next meeting.
Breaking News
Myer’s surprise move to shake up business
Under the proposed deal, Myer would acquire Premier’s Apparel Brands including Just Jeans, Jay Jays, Portmans, Jacqui E and Dotti.
Bold move to bring down grocery prices
Federal Treasurer Jim Chalmers says increasing competition among supermarket giants is key to placing “downward pressure on prices”.
ASX flatlines as Guzman y Gomez debuts
In the biggest float in three years, the burrito merchant had a stunning performance on its first day on the ASX.
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ASX pulls back from 14-month high
Miners and bankers have weighed down on the Australian sharemarket, which ended the last trading day of April lower.
Four reasons for bank’s staggering profit hit
One of Australia’s largest banks has revealed it is expecting a multi-million-dollar hit to its cash profit.
ASX sets new 100-day high
With only one trading day left of April, Australia’s share market is on track for its seventh month of straight gains.
Bank launches new product for millennials
The nation’s largest lender has launched a new product for small business customers that is designed to attract younger entrepreneurs.
Dan Murphy’s caves to backlash
Dan Murphy’s has scrapped a controversial plan due to major backlash, conceding it should have done more before announcing it.
Woolies says more are shopping online
One of the nation’s major supermarkets says online sales are still booming as it released its third-quarter results.
Idea to kickstart struggling CBDs
A new report from one of the nation’s major banks has found a way to attract office workers back to the CBD.
ASX snaps two-day losing streak
The ASX rebounded from two straight days of losses, led by the big four banks, with one of them hitting an ‘outstanding’ milestone.
Reasons behind ‘modest’ inflation rise
Prices rose modestly in the first three months of the year, most significantly at the fuel pump, but a temporary ‘blip’ is now expected.
Signs shoppers returning to old habits
One of the nation’s biggest supermarket chains says shopping habits are returning to normal after the chaos caused by the pandemic.
Original URL: https://www.thechronicle.com.au/business/breaking-news/page/182