RBA boss makes grim prediction
The Reserve Bank has revealed the reason behind its shock decision to hold the cash rate, leaving homeowners waiting a bit longer for much-needed relief.
Australian Dollar
ASX hits near-record as miners offset banks
Surging iron ore prices helped the ASX 200 eke out a small gain on a mixed day for shareholders.
ASX falls to worst day since April
Australia’s sharemarket slumped on Monday with Australia’s big four banks hammered during the day’s trading.
ASX has best week since May
A surge in the major miners and healthcare stocks drove the ASX to its best week since May, with the All Ordinaries passing the historic 9000 point mark.
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Fresh warning bell for Aussie economy
A fresh warning bell is ringing for the Aussie economy, with one analyst saying the country has entered a “flat patch”.
Big bank’s warning on rate hold shock
Australia’s biggest bank has delivered a sharp warning about the Reserve Bank’s shock decision to hold interest rates and what it means for Aussie households.
‘Backwards’: ‘Harsh reality’ after RBA hold
Australian savers are barely breaking even after inflation despite the Reserve Bank shocking markets and holding the cash rate.
ASX falls as Trump move impacts Australia
Huge tariffs flagged by US President Donald Trump on copper and pharmaceuticals added to the ASX woes during Wednesday’s trading.
ASX flat despite RBA’s shock move
The Australian sharemarket has closed flat despite a shock RBA announcement and US President Donald Trump penning letters to key trading partners.
ASX slips as cautious investors take profits
Australia’s sharemarket slumped during trading on Monday as investors await two key pieces of economic news, including the RBA’s rate decision.
ASX closes at fresh record high
Australia’s sharemarket followed the US to a fresh record high, with markets climbing despite global economic concerns.
Major bank calls out RBA over rate cut
One of Australia’s big four banks has fired off a simple question to the RBA ahead of its next board meeting, pushing them to deliver a cut for homeowners.
ASX treads water as miners soar, banks fall
Market heavyweight BHP rallied more than 5 per cent during Thursday’s trading, but it was not enough to lift the local market as a banking sell-off dragged the index lower.
$120m wiped out in childcare horror show
The company that operates the childcare centre at the heart of Victoria’s alleged child sex abuse horror is crashing, losing $120m in value since Tuesday.
Original URL: https://www.themercury.com.au/business/markets/australian-dollar/page/3