‘Uncertain times’: Albo’s super concerns
Anthony Albanese says Australia has been in contact with the White House, as he says the global chaos from the Trump tariffs is concerning for Aussie super.
Markets
ASX 200 now in correction as $57bn wiped out
Key market index now 10 per cent below February 14 record close as tariff fears hit investors. Woodside, Santos lead energy slump. Banks and miners also in the red.
Aussie market loses $21bn in Trump chaos
US President Donald Trump’s ‘Liberation Day’ tariffs on the world’s major economies triggered a sharp fall in Australian stocks, wiping out $21bn in value.
ASX halves fall to 0.9pc even as Trump tariff fears grip Asia
Trump tariff relief as Aussie beef escapes ban, medicines exempt. Asian equities slump as China, Japan urge dialogue. Last-ditch reprieve for Gupta’s InfraBuild. APRA lifts ANZ capital buffer, demands over concerns.
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ASX 200 rally fades as Middle East flares again
NAB, CBA bosses detail housing crisis pain points. Hanwha seeks FIRB nod for Austal stake boost. Coal miner New Hope’s $100m buyback. Active Super members to bear greenwashing penalty burden.
‘Hurt us’: Aus Trump measure could backfire
Patriotic ‘Buy Australian’ feeling emerged on ABC’s Q+A on Monday night, with the domestic steel industry at the centre of the debate.
Trump shadow to hit Aussie growth
Australian economic growth will likely slow over the next two years, a leading forecaster has warned, as Trump’s tariff agenda shadows the world.
ASX soars on possible US rate cut
The Aussie sharemarket lifted today on talks of a potential rate cut in the US, the start of a big tech week and potential stimulus measures from the world’s second largest economy.
ASX 200 scores two-day gain; miners, energy stocks lift; MinRes soars
China’s economic data beats estimates. Star’s former executives expose alleged internal fails. Suitor Ramelius falls as $2bn bid lifts Spartan. Smartpay’s best day in months as Tyro, unnamed rival suitor circle. Woodside gets its first China LNG customer.
Tech king unleashes on ‘nanny state’ Aus
Australia is paralysed by overregulation that’s killed innovation and ‘Crypto King’ Fred Schebesta thinks the “nanny state” needs a Trump-style U-turn, and fast.
‘Stop’: Qantas boss’ dark warning to Aussies
Qantas chairman John Mullen has issued a stark warning that our way of life could simply “stop” in a serious international emergency.
Climate campaigner defends ritzy private jet
An Aussie billionaire and ardent climate change campaigner has just bought a private jet, but says he feels a ‘deep internal conflict’ about it.
ASX 200 snaps three day losing streak
Australia’s sharemarket snapped a three-day losing streak on the back of the major miners, as the price of gold and iron ore climbed throughout the trading day.
ASX 200 climbs as US futures soar
Australian stocks rise into the weekend. US futures soar as Trump government shutdown risks fade but trade tariff fights continue. Banks in the red. Gold miners soar as safe-haven commodity eyes new peak past $US3000 per ounce.
Original URL: https://www.thechronicle.com.au/business/markets/page/6