Aussie shares retreat on mining pullback
The Australian sharemarket retreated from record highs on Tuesday on a sharp sell-off in the mining sector.
The Australian sharemarket retreated from record highs on Tuesday on a sharp sell-off in the mining sector.
The Australian sharemarket notched a fresh record high on Monday on the back of a mammoth rally in iron ore prices.
The Australian sharemarket snapped a three-day losing streak on Thursday in a frothy rebound propelled by consumer stocks.
The OECD says the world economy is “turning a corner” on inflation and offers a bullish read on Australia’s outlook for 2025.
Income tax receipts gushed into Treasury coffers last year to a record high, fresh ABS data has revealed.
Markets regained their composure on Monday after an apparent easing in hostilities between Iran and Israel.
Students saddled with unpaid placements and soaring debts could be in line for relief in next month’s Federal Budget, the Treasurer has hinted.
Firmer than expected unemployment data failed to ease concerns that the RBA will hold interest rates steady through to 2025.
With Australians ripped off every time they use their credit card, the RBA is considering a crackdown.
More Australians found themselves out of work last month, but the result was stronger than expected and could delay the RBA’s rate cut path.
The Australian sharemarket edged down slightly on Wednesday, as investors settled into a new narrative on inflation.
IMF economists have offered good news on the path of inflation and GDP growth, but they warn Australia is set to lag its global peers.
Shares took their cue from the US stock market, with the local benchmark finishing in the red for the fourth consecutive session.
Aussies are desperately waiting for cost of living relief via interest rate cuts but new issues have emerged which could stop it happening this year.
Original URL: https://www.thechronicle.com.au/business/economy/interest-rates/page/40