Big shock about first home buyers
Despite the surging cost of purchasing a new home and the rise in borrowing costs, the number of first home buyers taking out loans has rocketed higher in the last 12 months.
Breaking News
ASX edges lower despite oil surge
An acceleration of inflation in the United States and an escalation of tensions in the Red Sea pushed the benchmark lower on Friday.
Rates warning over stage-three tax cuts
The tax cuts, which are set to come into effect from July 1, could have major implications for the timing of rate cuts, economists have warned.
ASX rises as banks, tech rally
Interest rate sensitive stocks buoyed the benchmark on Thursday as softer-than-expected inflation data helped offset losses in the mining sector.
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Biden ‘could fix Australia-China relationship’
Explosives giant Orica hopes US President-elect Joe Biden proves a ‘circuit breaker’ to the souring trade relationship between Australia and China.
Surprising effect of horror year
A new report has reached a surprisingly pleasant conclusion about Australians’ financial health, despite the ravages of the coronavirus pandemic.
Aussie retail spending soars
Australia’s retail trading rebounded last month as a fully opened Victoria and record sales from Black Friday helped provide a spending sugar hit.
Supermarkets bring back TP buying limits
Australia’s major supermarkets have brought back purchase limits on toilet paper across greater Sydney as the northern beaches COVID cluster grows.
ASX slips as Sydney’s virus cluster grows
The ASX closed slightly lower due to shakier sentiment amid the growing coronavirus cluster in Greater Sydney.
Lorna Jane sued over ridiculous virus claim
Popular sportswear brand Lorna Jane has been hit with a lawsuit over alleged false claims its activewear could ‘kill coronavirus’.
Sydney shelves stripped as panic spreads
Panic buying has begun on Sydney’s besieged northern beaches, but the big supermarkets have urged their customers not to follow suit.
Growing virus fears dent ASX confidence
The local sharemarket has slumped after a growing coronavirus cluster in Sydney’s northern beaches caused new fears of further lockdowns.
Industry still vulnerable to pandemic
One of Australia’s major banks says the Sydney COVID-19 outbreak highlights how vulnerable the industry is to the pandemic.
ASX keeps climbing higher
Stronger commodities prices and positive economic data pushed the ASX higher but travel stocks struggled amid a surge in COVID-19 cases in NSW.
Original URL: https://www.thechronicle.com.au/business/breaking-news/page/199