ASX 200 now in correction as $57bn wiped out
Key market index now 10 per cent below February 14 record close as tariff fears hit investors. Woodside, Santos lead energy slump. Banks and miners also in the red.
Markets
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.
ASX halves fall to 0.9pc even as Trump tariff fears grip Asia
Trump tariff relief as Aussie beef escapes ban, medicines exempt. Asian equities slump as China, Japan urge dialogue. Last-ditch reprieve for Gupta’s InfraBuild. APRA lifts ANZ capital buffer, demands over concerns.
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.
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‘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.
ASX edges higher; tariffs wait keeps investors cautious
Star pins hopes on Bally’s as refinancing talks with Salter fail. MinRes, founder Chris Ellison slapped with class action. Zip loses in court. US Fed official worried about tariff policy ‘fog’.
Turnbull mocks Trump in brutal take-down
Malcolm Turnbull has mocked Donald Trump in a pugnacious address to the National Press Club, saying Aussies need to stand up the ‘billionaire bully’.
Grim trend spikes in Aussie workplaces
New research has revealed a grim trend taking hold in Australian workplaces, led by millennial and Gen X workers.
RBA holds rates ahead of Trump’s day of reckoning
RBA board holds cash rate at 4.1pc, ‘did not explicitly discuss rate cuts’ says Bullock as focus shifts to May. ASX lifts 1pc. Housing groups welcome Coalition promise to drop mortgage buffer.
$42bn loss: ASX 200 smashed on tariff fears
Markets brace for Trump’s ‘Liberation Day’. US recession probability doubles: GS. Nine, Domain fall amid CoStar talks. RBA, ASIC salvo weighs on bourse operator ASX.
‘Mayhem’: $38bn wiped off Aussie market
A new report into US President Donald Trump’s tariff policy has sparked investors’ fears, with billions wiped from global markets.
Surprise reason holidays to Bali are cheaper
Holidays to Bali have become cheaper this year — and Aussie travellers have Donald Trump to thank for the boon.
‘Quiet old Friday’ as ASX gains
The ASX finished slightly up on Friday, but investors remain uncertain over a potential hung parliament and US President Donald Trump’s tariffs.
ASX 200 eyes flat close as election focus sharpens
ASX ekes out small gain. Election Day is May 3. Bad weather delays Incitec Pivot fertilizer sales. Big east coast gas users back Dutton plan as producers pan it. Virgin clears last barrier on Qatar flights. Star’s Sydney casino licence suspension continues.
Original URL: https://www.themercury.com.au/business/markets