ASX rises as banks, tech rally
Interest rate sensitive stocks buoyed the benchmark on Thursday as softer-than-expected inflation data helped offset losses in the mining sector.
Breaking News
Silver lining in Australia’s rental crisis
New data shows the vacancy rate for rental properties rose slightly in December but there is hope that 2024 will be a better year for renters.
Hope for rate reprieve as inflation drops
In a positive sign for borrowers, inflation continued its broad slowdown in November, easing pressure on a rate hike in February.
ASX snaps four-day losing streak
After a four-session slide, the local share market found momentum on Tuesday with all sectors bar energy finishing in the green.
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Aussies’ bad money habit returns
Australians were getting their finances in order during the height of the coronavirus pandemic but this bad habit has re-emerged.
Australia blocks Chinese takeover
Tensions between Australia and China show no signs of abating, with the Treasurer blocking its bid to take over a Melbourne-business.
Tech, gold stocks drag ASX lower
The Australian sharemarket started the week dragged lower by tech and gold stocks, but higher oil prices boosted the energy sector.
Black Friday boosts Aussie retail sales
A shopping event that started in the US is becoming increasingly popular in Australia and helped give retailers a pre-Christmas sales bonanza.
ASX overlooks US turmoil
Financial markets have overlooked the turmoil unfolding in the US, finishing the first week of the New Year in positive territory.
$38m worth of fruit and veg rotting
More than 50 Aussie farmers have been unable to get local and overseas workers to pick their produce due to coronavirus travel restrictions.
‘Tough on everyone’: Flights in doubt
Travel plans to and from Queensland could be disrupted following the state government’s decision to implement a new lockdown.
Shares soar in democratic blue wave win
The Australian sharemarket has ended the day stronger, riding the Democratic win in the Georgia election runoffs.
More Aussie homes being built
New figures show federal government stimulus packages are spurring on a surge of new houses being built.
ASX falls amid US Senate election uncertainty
The Australian share market has ended Wednesday’s trading day lower as the US Senate election run-offs spark ongoing jitters.
Original URL: https://www.themercury.com.au/business/breaking-news/page/196