Grim sign for Aussie house hunters
Just 12,850 new dwellings were approved for construction in the first month of 2024, fresh ABS data has shown.
Breaking News
Albo avoids China question
The PM was asked about China before the start of the ASEAN-Australian special summit in Melbourne on Monday.
ASX resets record high
The local share market was off to a record breaking start in March, as fresh highs on Wall Street and positive manufacturing data from China bolstered the benchmark.
‘Oversupply’: Australia Post outlets to close
Continued losses in one division and low foot traffic in its stores could force the closure of some Australia Post outlets, its chief executive has warned.
Retail spending disappoints in January
After plunging in December, retail sales disappointed in January, falling well short of economists’ expectations.
Retail spending disappoints in January
After plunging in December, retail sales disappointed in January, falling well short of economists’ expectations.
Shock reason Aussies are being paid more
In a bid to bolster their pay packets, Aussie workers are doing one thing, fresh analysis has revealed.
Stocks slip following inflation data
Despite fresh inflation data showing consumer prices held steady in January, the share market edged lower on Wednesday.
Fresh sign rate cuts on the way
Households, eagerly awaiting rate cuts, received some good news when the inflation rate was unchanged in January.
ASX edges higher as Coles, Woodside rally
With profit season nearing its end, the share market advanced for a fourth straight session on Tuesday.
Coles shoppers reveal biggest concern
Unveiling its latest half-yearly results, the supermarket giant has detailed the cost-of-living pressure its customers are facing.
Coles shoppers reveal biggest concern
Unveiling its latest half-yearly results, the supermarket giant has detailed the cost-of-living pressure its customers are facing.
Town’s dire warning to ‘leave immediately’
A dire warning has been issued for hundreds of people in one rural town to immediately leave as firies continue to battle a massive blaze which has already consumed thousands of hectares of land.
$1m to $220k: Final blow for Mascot Towers
‘Worn out’ Mascot Towers owners have been given an opportunity to sell their defect-riddled assets, however in doing so, they stand to lose hundred of thousands.
Qantas reveals major shake-up
Qantas has announced new board members, including a new chair, as it continues its renewal following a turbulent few years.
Grim warning for Aussie pay packets
Annual wages growth has hit nearly 15-year highs, but the good news comes with a warning from one economist.
Domino’s plays ‘long game’ as profit drops
Domino’s Pizza has recorded an interim net profit of $58m, as it works on correcting its “missteps” following a difficult period.
Fastest-selling Aussie suburbs revealed
The Aussie suburbs where properties are being snapped up at an unprecedented rate have been revealed during what real estate experts are calling record on-market times.
‘Slurring’ Senator behind new alcohol policy
A Senator captured last week slurring her speech at a Senate hearing helped write federal parliament’s new draft drug and alcohol policy, it has been revealed.
Australia’s top seven businesses revealed
A sportwear business with A-list clients, and a female owned infant formula company are among the top seven Aussie small and medium businesses leading the way across the country. See the full list of winners.
Aussie beer brand on brink of collapse
An Australian beer company has entered into voluntary administration after almost 10 years.
Optus to repay $7.8m after ‘error’
Thousands of Optus staff will be repaid more than $7.8m after the company’s “poor” payroll systems were exposed.
‘Inflation hurting’: RBA boss on rate call
The RBA has kept interest rates on hold, but won’t rule out further increases to the cash rate.
Fresh price hike for booze
Aussies are set to face price hikes in pubs, clubs and bottle shops across the country after a rise in alcohol taxes.
Huge prediction on interest rates
With attention turning from talk of rate hikes to cuts, there may be relief for household borrowers within months.
ASX falls in final session of 2023
The local benchmark sank in its final session of the year, as investors looked to lock in some profits to cap off a solid December run.
ASX200 closes in on record high
Australian shares continued to advance on Thursday as a rally in the materials sector pushed the benchmark to close just 14.6 points below its record high.
Affluent NIMBYs erupts over 24/7 shopping
Development of a Mexican chain restaurant and a Woolworths have divided an exclusive community.
Price hike fears over shipping turmoil
Consumers risk facing price hikes on everyday products, including white goods and pharmaceuticals, as chaos in the shipping industry at home and abroad threatens to blow out delivery times and increase costs.
ASX up as iron ore soars to $US140 a tonne
In its first trading session after Christmas, the share market rallied on Wednesday as iron ore miners tracked gains in commodity futures.
Chaos as 2,300 tradie companies go bust
The brutal reason behind 2,300 tradie companies going bust has been laid bare.
Aussies welcome return of household favourite
The shock return of one product has excited shoppers, with many vowing to add the item to their trolleys next time they head to the checkout.
ASX-listed weed company goes bust
The company behind the largest cannabis manufacturing facility in the southern hemisphere has entered administration amid “disunity” at board level.
Leafy suburb erupts over 24/7 Mexican chain
A popular Mexican chain restaurant has divided an exclusive community as they propose a 24/7 restaurant.
Industry set for $116m Christmas blow
Shoppers are anticipated to indulge in an eye-watering spending spree this Boxing Day, but one retail category will still feel the pinch.
ASX steady ahead of Christmas break
Despite gains in energy and real estate stocks helping to offset a drag in consumer staples, the sharemarket finished flat on Friday.
Aussie shares plummet as Wall St falls
The local share market lost ground on Thursday, as profit taking by traders led to a sell off in technology and real estate stocks.
ANZ meeting descends into clown show
A group of protesters, dressed as circus performers, have disrupted the AGM of one of the nation’s largest banks which has come under fire for lending to fossil fuel emitters.
CEO Survey 2024 part 4: Safety Culture, Santos to Zip Co
The Australian surveyed the nation’s top CEOs about inflation, energy and opportunities ahead in 2024. From Safety Culture, Santos and Zip Co. These are their full responses.
Australian shares near record high
Australian shares advanced on Wednesday, as a record breaking session on Wall Street helped propel the local market to just 1.2 per cent below record levels.
Servo worker bound with cable ties
The South Australian police are hunting for masked men who allegedly bound servo workers with cable ties during a frightening armed robbery.
ASX at 10-month high as Rio hits record
The Aussie share market climbed to its highest level since February 10 on Tuesday, as material and energy stocks helped drive the benchmark higher.
RBA warns on further rate hike risk
Australia’s central bank has warned it may be forced to deliver borrowers a 14th rate hike in the new year, with economists split on the RBA’s next move.
Tradies ‘resilient’ despite insolvency fears
In the face of warnings about a looming insolvency crisis in the construction industry, the sector has reported a boom in new businesses.
ASX edges lower amid takeover frenzy
While the Australian share market lost ground on Monday, led by a fall in real estate stocks, billions worth of deals were lobbed or closed.
Huge problem with extended warranties
A consumer law expert has revealed how extended warranties sold by Aussie retailers aren’t really worth what you pay for them, as JB Hi-Fi faces a lawsuit over claims it sold “junk” warranties for more than a decade.
ASX books strongest week since July
In a week dominated by expectations of rate cuts from the US Federal Reserve in 2024, a rally in mining and energy stocks pushed the benchmark to a 20-week high on Friday
ASX books strongest week since July
In a week dominated by expectations of rate cuts from the US Federal Reserve in 2024, a rally in mining and energy stocks pushed the benchmark to a 20-week high on Friday
Aussie savers dudded by banks: ACCC
The banks are ripping off savers, the competition watchdog has found, with customers struggling to get the best possible returns.
‘Punch me’: Man’s whopping lotto shock
A man who scored a whopping jackpot in the latest Powerball draw has revealed his moment of shock at the massive win, thinking he was “dreaming” when officials dropped the call.
Original URL: https://www.thechronicle.com.au/business/breaking-news/page/7