Huge call on Aussie price hike crisis
Jim Chalmers’ Treasury department has delivered a glimmer of hope for inflation crunched households ahead of the federal budget on Tuesday.
Breaking News
ASX snaps five-day winning streak
Consumer and financials were crunched on Thursday as investors grew increasingly concerned with the impact of elevated inflation on households.
Urgent recall on luxury car range
The luxury car models are at risk of overheating and setting alight, the recall notice claims.
One Bonza plane takes flight
Bonza plane “Bruce” has flown out from the Sunshine Coast for Honolulu, leaving the futures of Shazza, Malc, Sheila and Bazza uncertain.
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Iron ore stocks drag ASX lower
The ASX was dragged lower by iron ore stocks after new anti-pollution measures in China sent the price of the steelmaking commodity tumbling.
Australia’s stunning economic turnaround
The Australian economy is forecast to grow rapidly this year thanks to the successful battle to contain COVID-19, with business bouncing back.
Fallout after global financier collapse
The race is on to save around 7000 Aussie jobs after the collapse of a major global financier.
Worrying sign for company failures
A recent spike in companies going into administration is a worrying sign given pandemic-related assistance is about to end, with job losses a real possibility.
ASX up despite tech weakness
The ASX gained ground despite ongoing weakness in the tech sector in multiple global markets, with banks the standout performer locally.
Rate hike warnings as house prices surge
Surging property prices are fuelling fears interest rates will rise quicker than flagged by the central bank, but not everyone agrees a hike is imminent.
Bank’s dire JobKeeper prediction
Economists at one of the country’s largest banks are expecting a staggering number of jobs will be lost once JobKeeper ends on March 31.
Major bank’s incredibly low home loan rate
One of the nation’s major banks has slashed its fixed home loan rates and is now offering some of the most lucrative rates in the lending market.
Win for ANZ customers
Customers at one of Australia’s major banks can now avoid hefty surcharges when making payments via their phone or smartwatch.
ASX up with materials the big winners
The ASX finished higher after a positive lead from Wall Street, with energy stocks rising following an attack on Saudi Arabia’s oil facilities.
Original URL: https://www.thechronicle.com.au/business/breaking-news/page/195