Aussie market loses $21bn in Trump chaos
US President Donald Trump’s ‘Liberation Day’ tariffs on the world’s major economies triggered a sharp fall in Australian stocks, wiping out $21bn in value.
Economy
RBA’s stunning Trump warning for Aussies
The RBA has just delivered a stark warning that Donald Trump’s trade war could trigger disorder in the global economy and hammer Australians.
‘Not America’: Demand for $2k wage boost
Union leader Sally McManus has fronted the Fair Work Commission to push for a big minimum wage increase for workers.
‘Dirty’ countries decimated by Trump tax
Donald Trump has reserved the harshest tariffs for what he calls “dirty” countries – some of the world’s most vulnerable developing economies.
More Stories
Chalmers warns against tit-for-tat trade war
The Treasurer will use a major pre-budget speech to warn against a “race to the bottom” after Australia was hit by Donald Trump’s first round of tariffs.
‘Unsayable’ answer to Aussie dad’s question
An Aussie dad drew a standing ovation for a question on QandA about immigration. Now one panellist has revealed the ‘unsayable’ truth.
Fears Trump will hit vital Aussie industry
Trump’s global tariff rampage could hit a key industry in Australia with fears it could push up prices for essential medicines.
‘Stop’: Qantas boss’ dark warning to Aussies
Qantas chairman John Mullen has issued a stark warning that our way of life could simply “stop” in a serious international emergency.
Climate campaigner defends ritzy private jet
An Aussie billionaire and ardent climate change campaigner has just bought a private jet, but says he feels a ‘deep internal conflict’ about it.
Couple’s horror over little they can borrow
A young couple have revealed the meeting they had with a mortgage broker that left them feeling “cut down” and panicked.
ASX 200 snaps three day losing streak
Australia’s sharemarket snapped a three-day losing streak on the back of the major miners, as the price of gold and iron ore climbed throughout the trading day.
‘Shonky:’ Treasurer blasts $2.4bn GST loss
The annual GST carve-up is set to spark a brawl among state treasurers, with one state set to receive $2.4bn less in crucial funding.
‘Shonky:’ Treasurer blasts $2.4bn GST loss
The annual GST carve-up is set to spark a brawl among state treasurers, with one state set to receive $2.4bn less in crucial funding.
Australia urged to remain calm on Trump tariffs
The chief executive of one of the country’s largest banks said Australia should remain calm and use the Trump tariffs to our advantage.
Original URL: https://www.themercury.com.au/business/economy/page/13