Aussie shares lift on Wall St rebound
Aussie shares booked a positive session on Monday on the back of a relief rally from Wall St on Friday.
Aussie shares booked a positive session on Monday on the back of a relief rally from Wall St on Friday.
There’s a growing cloud of insolvencies ripping through Australian business and one cafe owner says he can’t catch a break.
More pain could be on the way for mortgage holders and the Albanese government, with an all-important data release tipped to show ‘persistent inflation’ in the economy.
The Australian sharemarket slumped into a sea of red on Thursday as a gruesome tech rout on Wall St crippled confidence.
The Australian sharemarket edged lower on Wednesday as investors opted for caution following days of political chaos.
The Australian sharemarket has lifted to break a three-day losing streak on Tuesday on the back of an tech-led Wall St rebound.
The fallout from the CrowdStrike global tech outage and US President Joe Biden’s decision not to run again have helped push down the Australian sharemarket on Monday.
New forecast shows the average Aussie will be $21,000 richer in retirement after change in payments from this month onwards. Here’s why.
A run-up in Aussie shares came to a halt on Friday, with a Wall St rout and mining sell off pushing the market into a sea of red.
The Australian sharemarket lifted on Wednesday on the back of a rising Wall St bull run.
The latest numbers on new home starts are out and it isn’t good news for battlers struggling to live the Australian dream.
Some dark economic data out of China triggered a sell-off in heavyweight mining stocks on Tuesday, pulling the Aussie market down from record highs.
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.
The Australian sharemarket has closed out the week on a record high as investors position themselves for imminent US Federal Reserve rate cuts.
The benchmark ASX200 has flown close to record highs on Thursday following a huge night of trading on Wall St.
A disturbing inequality between one group of Aussies and everyone else has been highlighted in a new report.
There’s a growing crisis in Australia’s trucking industry, and shoppers everywhere will be the losers.
Mining stocks have weighed down the sharemarket again this week, with the benchmark ASX200 dipping into the red on Wednesday.
Aussies will be richer with the arrival of Stage 3 tax cuts, but experts are warning the boost could trigger higher inflation and send mortgage payments soaring.
It’s been a difficult few months for business in Australia and there’s no end in sight, with turnover down for the month of May.
It’s been a dark few years for Aussie renters, but experts say vacancy rates across the market are easing slightly.
The sharemarket has started the week on a low note after a retreat in iron ore and oil prices over the weekend.
Demand in Australia’s housing market could be easing off, with a shock fall in new lending commitments.
The Australian share market drifted lower in quiet trading on Friday as investors stepped cautiously before Wall St’s big Friday.
The ABS has released its latest data on retail trade and building approvals, and the numbers show a boost for the Aussie economy.
Anthony Albanese has refused to rule out Australian voters could be heading to the polls early, as Peter Dutton slams Jim Chalmers’ energy rebate for the wealthy.
The first question time since Treasurer Jim Chalmers handed down his third budget is underway. Watch it live.
The first question time since Treasurer Jim Chalmers handed down his third budget is underway. Watch it live.
The government is “throwing money” at Aussies in an attempt to tackle the cost of living crisis but it could have a terrible knock on effect.
Within hours of handing down its third budget, Labor’s bold Future Made in Australia Plan has been thrown into doubt.
Within hours of handing down its third budget, Labor’s bold Future Made in Australia Plan has been thrown into doubt.
An Aussie man has given a hilarious response when questioned about the cost of living pressures.
While NSW Premier Chris Minns welcomed the energy rebate, he said the state would continue its fight to secure crucial revenue.
The government has announced huge news for every household in Australia as part of its focus on easing cost of living pressures.
In a grilling by Karl Stefanovic, the PM was asked about the budget’s $300 energy rebate. Now, news.com.au can reveal the truth.
Labor has been accused of throwing Australians pre-election “sweeteners”, with economists warning it could have the opposite effect.
Peter Dutton has unloaded on the budget, slamming the PM for giving billions of dollars to the rich while families are “living in tents and cars”.
The government has come under fire for its cost-of-living measures that critics say helps billionaires more than people doing it tough.
Amid concerns that the Albanese government’s third budget will be inflationary, Treasurer Jim Chalmers will pour billions more into the economy.
Treasurer Jim Chalmers’ wife turned heads in a yellow dress designed by an Aussie fashion designer.
The government has poured billions of dollars into cash boosts and cost of living measures for millions, but one group has been left behind.
Jamie works gruelling 12-hour shifts at the hospital, as well as a second and third job on the weekends — but still lives on the poverty line.
Jim Chalmers is splashing the cash but a “table of truth” in the budget papers could reveal the troubling reality behind the big numbers.
The Treasurer says he is not “spraying cash around” but guiding spending in a way to reduce inflation and keep Aussies free from another interest rate rise.
Jacqui Lambie has erupted over Treasurer Jim Chalmers’ decision to give every household a $300 energy rebate – questioning why wealthy Aussies need the handout.
After a record post-Covid growth rate, Australia’s net overseas migration rate is set to stabilise and then dramatically decrease.
Billions of dollars in cost-of-living assistance will flow to millions of Aussies after Tuesday’s budget, but allowing the rich to benefit has angered some.
In a bold plan to meet the looming skills demand, a record number of Australians will go into the workforce with one thing in common by 2050.
Jim Chalmers is hiding a dirty secret in the budget so X-rated it’s not even available in a personal income tax cut sealed section.
Bikies and underworld figures involved in organised crime are being targeted to stop cocaine and ice, while illegal tobacco imports that have sparked firebombings are also being hit.
Original URL: https://www.themercury.com.au/business/economy/federal-budget/page/2