Aussie shares sink on China stimulus gloom
The Australian sharemarket fell on Tuesday following muted stimulus measures from China and a sharp pullback on Wall St.
The Australian sharemarket fell on Tuesday following muted stimulus measures from China and a sharp pullback on Wall St.
One of Australia’s biggest banks has issued a warning about business confidence after the latest figures were revealed.
The Reserve Bank is steadfast it will use the blunt tool of interest rates in any way necessary to get inflation down to its target range.
The Australian sharemarket fell on Friday as the big miners wobbled and uncertainty courses through Wall Street.
As shoppers tightened their belts, the grocery giant said it had experienced a “noticeable shift” in consumers’ behaviours since Christmas.
Aussie shares slumped on the first day of the new month as anxieties mount about US inflation and interest rates.
Predictions for imminent rate hikes have sent struggling Australians into a spin but the RBA’s next move isn’t that simple.
Aussie stocks edged higher on Tuesday after a slump in retail sales pushed back fears of impending rate hikes.
Despite expectations of a robust rise, shoppers shunned new spending last month after a Taylor Swift-inspired boost.
Despite expectations of a robust rise, shoppers shunned new spending last month after a Taylor Swift-inspired boost.
The Commonwealth Bank of Australia has made a devastating prediction that millions of Aussies will not want to hear.
Stubborn inflation, strong jobs growth, and a rebounding economy could force the Reserve Bank to deliver further rate hikes, economists have warned.
Stubborn inflation, strong jobs growth, and a rebounding economy could force the Reserve Bank to deliver further rate hikes, economists have warned.
While it is expected the budget will remain in surplus, welfare recipients holding out for relief are set to be disappointed.
Original URL: https://www.thechronicle.com.au/business/economy/interest-rates/page/38