Aussie shares soar to crack 8000 barrier
Aussies shares continued to rally higher on Monday, crossing the 8000 threshold for the first time in history on speculation of imminent rate cuts in the US.
Banking
Aussie shares hit record high on Fed fever
The Australian sharemarket has closed out the week on a record high as investors position themselves for imminent US Federal Reserve rate cuts.
Aussie shares soar on Wall St euphoria
The benchmark ASX200 has flown close to record highs on Thursday following a huge night of trading on Wall St.
‘Significantly weaker’: Disturbing Aussie trend
A disturbing inequality between one group of Aussies and everyone else has been highlighted in a new report.
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Wild twist in terrifying scam case
A man has revealed the terrifying text scammers are sending to innocent Australians before draining their bank accounts.
Smug scammer’s taunt after $130k swindle
This is the chilling moment a smug scammer taunted and threatened a Sydney man after stealing $130,000 of his savings.
Scammers’ brag after $130k swindle
As if losing $130,000 in an elaborate new ruse wasn’t enough, this man was told by scammers what they would do with his money.
Big super to grow even bigger on advice shake-up
Assistant Treasurer Stephen Jones is moving cautiously with financial advice to remain out of reach for many.
CEOs huge pay rises in inflation crisis
Top executives have had their pay increased much higher than the average Australian amid the cost of living crisis, a new report shows.
More rate pain for homeowners
All four of the big banks have now announced an increase in interest rates for mortgage holders.
Why Blackstone boss is bracing for ‘third economic wave’
The head of the $1.5 trillion asset manager believes most countries will be able to trade through the slowdown.
‘Callous’: Westpac cuts 300 jobs
One of Australia’s biggest banks has slashed hundreds of jobs “to reduce costs” in a move described as “callous” as it rakes despite raking in record profits.
‘Old offices need to make way for apartments’
Structural shortage of housing will force big cities to rethink how they use empty office space, says the boss of the world’s biggest property fund.
‘We can rebuild Crown to be the best in the world’
The boss of the $1.5 trillion Blackstone is eyeing more opportunities here as he declares tourism will be Australia’s ‘great growth engine’.
Original URL: https://www.themercury.com.au/business/companies/banking/page/74