‘Jumbo’ Fed cut boosts Aussie shares
The Australian sharemarket booked a fresh record high on Thursday as investors celebrated the US Fed’s “jumbo” rate cut.
The Australian sharemarket booked a fresh record high on Thursday as investors celebrated the US Fed’s “jumbo” rate cut.
Police have revealed a heartbreaking update in the search for a man who fell down an old mine shaft in NSW’s coal mining region.
The rate cut rally in Australian shares continued on Tuesday, with the local bourse hitting fresh highs once again as it booked a fourth consecutive session in the green.
There is growing concern that Australia’s reliance on China could be our undoing – and we’re already “very much in negative territory”.
For business, nuclear represents a solution to a problem that is set to be solved by the time the first reactor is switched on.
The Prime Minister joined Chinese Premier Li Qiang in Perth on the final day of the high-profile visit, but storm clouds continue to gather over the trip.
The next step for a controversial Australian energy project which would power an estimated 1.8 million homes has been announced.
Wall St hit fresh highs overnight but it wasn’t enough to lift Aussie equities, with the ASX200 drifting lower on extended weakness in China.
Unions have recently shut down light rail and campaigned against the AFL’s new umpiring boss. These are the key players and who their enemies are. See the list.
The staggering amount Aussie workers are losing in doing unpaid overtime outside their shift hours has been exposed.
Speaking to business leaders, the Prime Minister hit out at the Coalition’s nuclear energy plan that he said delayed “real action” on climate change.
Australia is well positioned to play a key role in an emerging international power struggle. But it would require a very “controversial” move.
Australian mining billionaire Twiggy Forrest has been issued a severe warning over a multibillion-dollar scheme.
The Australian sharemarket fell for its third straight session on Thursday, dragged down by Wall St, inflation fears and a tumble at BHP.
Original URL: https://www.themercury.com.au/business/companies/mining/page/12