Aussies react to massive interest rate cut
The world’s biggest economy has just cut interest rates by a “jumbo” 50 basis points. Here’s what that means for Australia.
Australian Dollar
‘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.
Aussie shares flat before pivotal Fed moment
The local sharemarket traded flat on Wednesday as investors moved cautiously before Thursday morning’s pivotal Fed rate cut decision and the release of key jobs data.
Aussie shares hit fresh record on Fed fever
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.
More Stories
ASX skids after nudging record high
Fears that central banks will not cut interest rates as aggressively as anticipated stoked a broad selloff on the benchmark on Wednesday.
ASX nears record on first day of 2024 trade
The share market finished higher in its first day of trading for 2024, with the benchmark index just five points away from reaching its all time high.
New tax to hit Aussie travellers
Aussie travellers will soon be hit by a new tax when trying to visit one of the nation’s most popular holiday destinations.
ASX falls in final session of 2023
The local benchmark sank in its final session of the year, as investors looked to lock in some profits to cap off a solid December run.
ASX200 closes in on record high
Australian shares continued to advance on Thursday as a rally in the materials sector pushed the benchmark to close just 14.6 points below its record high.
$1300 millions of Aussies missing out on
Australians have just four days left to potentially claim thousands of dollars back in health cover costs. Here’s what you need to know.
ASX up as iron ore soars to $US140 a tonne
In its first trading session after Christmas, the share market rallied on Wednesday as iron ore miners tracked gains in commodity futures.
ASX steady ahead of Christmas break
Despite gains in energy and real estate stocks helping to offset a drag in consumer staples, the sharemarket finished flat on Friday.
Aussie shares plummet as Wall St falls
The local share market lost ground on Thursday, as profit taking by traders led to a sell off in technology and real estate stocks.
Australian shares near record high
Australian shares advanced on Wednesday, as a record breaking session on Wall Street helped propel the local market to just 1.2 per cent below record levels.
Original URL: https://www.themercury.com.au/business/markets/australian-dollar/page/30