Aussie shares retreat on mining slump
The sharemarket retreated on Tuesday on the back of a sharp mining slump.
Federal Budget
Aussie shares lift on Wall St rebound
Aussie shares booked a positive session on Monday on the back of a relief rally from Wall St on Friday.
‘Really tough’: Dark storm hitting Aussies
There’s a growing cloud of insolvencies ripping through Australian business and one cafe owner says he can’t catch a break.
Aussies warned as hopes of rate cut fade
More pain could be on the way for mortgage holders and the Albanese government, with an all-important data release tipped to show ‘persistent inflation’ in the economy.
Aussie shares dive on Wall St bloodbath
The Australian sharemarket slumped into a sea of red on Thursday as a gruesome tech rout on Wall St crippled confidence.
Aussie shares dip lower in cautious trading
The Australian sharemarket edged lower on Wednesday as investors opted for caution following days of political chaos.
Aussie shares rebound on Wall St uplift
The Australian sharemarket has lifted to break a three-day losing streak on Tuesday on the back of an tech-led Wall St rebound.
Aussies shares fall on US chaos, mining slump
The fallout from the CrowdStrike global tech outage and US President Joe Biden’s decision not to run again have helped push down the Australian sharemarket on Monday.
How some Aussies will get $21k super bump
New forecast shows the average Aussie will be $21,000 richer in retirement after change in payments from this month onwards. Here’s why.
Aussies shares dive on Wall St tumble
A run-up in Aussie shares came to a halt on Friday, with a Wall St rout and mining sell off pushing the market into a sea of red.
Aussie shares rise on feverish Wall St rally
The Australian sharemarket lifted on Wednesday on the back of a rising Wall St bull run.
1.2m new home dream already slipping away
The latest numbers on new home starts are out and it isn’t good news for battlers struggling to live the Australian dream.
Aussie shares slip on dark China numbers
Some dark economic data out of China triggered a sell-off in heavyweight mining stocks on Tuesday, pulling the Aussie market down from record highs.
Aussie shares soar to crack 8000 barrier
Aussies shares continued to rally higher on Monday, crossing the 8000 threshold for the first time in history on speculation of imminent rate cuts in the US.
Aussie shares hit record high on Fed fever
The Australian sharemarket has closed out the week on a record high as investors position themselves for imminent US Federal Reserve rate cuts.
Aussie shares soar on Wall St euphoria
The benchmark ASX200 has flown close to record highs on Thursday following a huge night of trading on Wall St.
‘Significantly weaker’: Disturbing Aussie trend
A disturbing inequality between one group of Aussies and everyone else has been highlighted in a new report.
New crisis to hit shoppers with higher prices
There’s a growing crisis in Australia’s trucking industry, and shoppers everywhere will be the losers.
Mining sell-off pulls down Aussie shares
Mining stocks have weighed down the sharemarket again this week, with the benchmark ASX200 dipping into the red on Wednesday.
Grim warning as tax cuts hit wallets
Aussies will be richer with the arrival of Stage 3 tax cuts, but experts are warning the boost could trigger higher inflation and send mortgage payments soaring.
Aussie businesses wobbling on flat turnover
It’s been a difficult few months for business in Australia and there’s no end in sight, with turnover down for the month of May.
Promising sign for battling renters emerges
It’s been a dark few years for Aussie renters, but experts say vacancy rates across the market are easing slightly.
Aussie stocks fall on iron ore, oil retreat
The sharemarket has started the week on a low note after a retreat in iron ore and oil prices over the weekend.
Slip shows dark turn in Aussie housing
Demand in Australia’s housing market could be easing off, with a shock fall in new lending commitments.
Aussie shares dip in wait for US open
The Australian share market drifted lower in quiet trading on Friday as investors stepped cautiously before Wall St’s big Friday.
Bargain hunters turn out for early sales
The ABS has released its latest data on retail trade and building approvals, and the numbers show a boost for the Aussie economy.
Grim sign fresh rate hike coming
The Reserve Bank has released the minutes from its June board meeting where it considered another rate hike. The discussion shows some storm clouds for homeowners.
Aussie shares sink on inflation shock, hike fears
The Australian sharemarket tumbled on Wednesday after a shock inflation print sparked fears of a possible rate hike.
Aussie shares leap higher in rebound rally
The Australian sharemarket notched a powerful rebound rally on Tuesday on the back of iron ore and oil price rises and a surge in banking behemoth Commonwealth Bank.
ASX slumps on iron ore, energy woes
The Australian sharemarket fell sharply in a ‘punchy session’ to start the week, dragged down by a selloff in the energy and materials sectors.
Group getting $3k tax cut revealed
Jim Chalmers has amped up his tax cut sell, revealing the group of Aussies expected to pocket an average of $3000 amid renewed concerns on the inflation fight.
ASX gains to close out positive week
Australian equities rose modestly on Friday to cap off a positive week buoyed by Wall St gains.
ASX drifts lower on China woes
Wall St hit fresh highs overnight but it wasn’t enough to lift Aussie equities, with the ASX200 drifting lower on extended weakness in China.
Major bank’s warning on rate cut risk
One major Aussie bank has made a major call on when the next rate cut will kick in – and it’s not all good news.
All the changes coming next month
From tax to minimum wage, the financial landscape for Australians will change dramatically from July 1. Here’s what’s coming.
Aussie state people are flocking to
A massive net overseas migration number has pushed Australia’s population to 27 million in the latest population figures from the ABS.
ANZ makes horror 2025 rates prediction
A major Australian bank has issued a grim warning on where rates are heading, with the next cut not predicted until 2025.
Millions of Aussies set for pay rise
Australia’s workplace umpire has revealed its reasons for increasing the minimum wage for 2.6m workers by another 3.75 per cent.
ASX snaps losing streak in broad rebound
Aussie shares shrugged off a grim night on Wall St to end a three-day losing streak and finish the week with a broadbased rebound.
More bad news for the housing crisis
With the commencement of the Albanese government’s 1.2 million homes target less than one month away, housing approvals continued to disappoint.
ASX falls on Wall St worries, BHP tumble
The Australian sharemarket fell for its third straight session on Thursday, dragged down by Wall St, inflation fears and a tumble at BHP.
‘Still strength’ in inflation, RBA warns
The central bank has issued a note of caution following the release of firmer-than-expected inflation figures.
Aussie shares slump on CPI shock
Australian shares slumped on Wednesday after hotter-than-expected CPI numbers renewed inflation fears and narrowed the likelihood of rate cuts this year.
‘Everyone wins’: Surprise company tax call
Labor’s Industry Minister is advocating for a cut in corporate taxes to help companies have the capital to invest in the future.
Aussie shares rebound in broadbased rally
Ten of 11 industry sectors ended in the green on Monday in a rebound ahead of crucial retail and inflation data.
Taylor sinks deeper into migration mess
Shadow treasurer Angus Taylor appears to have contradicted his own party’s proposed cuts to the net migration intake, after indicating a completely different figure to one proposed just days ago.
‘Vampires’ costing Aussie homes hundreds
Aussie households are being ripped off at an astonishing rate by energy “vampires” that rack up charges on household power bills even when turned off.
‘Shambolic’: Coalition muddies migration
While attempting to lay out the Coalition’s economic credentials, shadow Treasurer Angus Taylor confused the opposition’s cut-through line on migration.
Major bank’s call on pending tax cut
One major Aussie bank has made a huge call about how people will use their tax cut cash boost in the coming months, warning not to expect a shopping spree.
Woolies boss’ big call on monster profits
The man leading Australia’s largest supermarket has defended his company’s profits, but also made a big call on helping struggling Aussies.
Original URL: https://www.thechronicle.com.au/business/economy/federal-budget