ASX closes down after record day
The ASX closed down on Wednesday as investors took advantage to take a profit following a record day of trading on Tuesday.
Breaking News
Aussies’ $103bn pay packet for one month
Australians were paid a historic amount overall for the month of September, as wages growth and the number of hours people were working increased.
Prospect of pre-election rate cut shrinking
The Reserve Bank will be hard-pressed to cut interest rates before May, here’s a breakdown of why.
Overworked Aussies ‘ripped off’ $91bn
Australians have the legal right to put their work phone on ‘do not disturb’ during out of office hours, but bosses are ignoring these new laws.
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ASX 200 closes in on record high
The ASX 200 is trading up 2.6 per cent for November during the traditionally strong trading period leading into the ‘Santa Claus’ rally in December.
Grim reality for Aussie businesses
Aussie businesses have been hit with a grim forecast for the year unless consumers change their spending habits.
RBA refuses to rule out more rate hikes
The Reserve Bank of Australia is steadfast in its fight against inflation, even if it means mortgage holders will pay even more in the coming months.
Aussie execs freed after $250m ransom
A Perth-headquartered miner has freed three detained staff in West Africa by paying a military government nearly $250m.
RBA makes call on mortgage stress
Aussie mortgage holders are in theory the most exposed to interest rates rises in the world, yet there is little evidence of a mortgage cliff, the RBA said.
200,000 Aussies eligible for $1100 payment
More than 200,000 homeowners are eligible for cost of living concessions, are you one of them?
Experts make major rate call
Aussies are doing what the Reserve Bank of Australia is asking and cutting back on spending, but they might need to wait nine months for a reduction on their mortgage.
ASX 200 rises to four week high
The ASX 200 rose slightly during Monday’s trading, pushed higher largely by Australia’s resource companies.
‘Fiercely competitive’: Woolies boss’ claim
The boss of one half of Australia’s supermarket duopoly has made a curious comment on competition in the sector under questioning from the consumer watchdog.
NAB faces legal action over 345 customers
National Australia Bank is facing federal court for allegedly failing 345 customers at their most vulnerable when they applied for hardship support.
Original URL: https://www.themercury.com.au/business/breaking-news