Industry risks collapse as cost crisis bites
With the rising cost of living stretching budgets further than ever, cost-conscious Aussies are cutting back. It’s left one key industry in a battle to survive.
With the rising cost of living stretching budgets further than ever, cost-conscious Aussies are cutting back. It’s left one key industry in a battle to survive.
Shocking claims about the controversial CFMEU have been made at a hearing into Australia’s cost-of-living crisis.
The latest employment figures beat expectations, with the Australian economy adding tens of thousands of new jobs.
Australia’s biggest bank has just delivered some heartening news for struggling mortgage holders.
The Reserve Bank has slugged homeowners with another rate rise and a recent surge in petrol prices is partly to blame.
There’s good and bad news in the latest report on drug use in Australia, with one drug on the decline but others on the rise.
Despite the RBA hiking interest rates for the first time in five months, the ASX clawed back some of its earlier losses to finish slightly lower on Tuesday.
Australia and Europe were close to an epic trade deal but it all fell apart this week. Here’s why Aussie wine producers are raising a glass to its demise.
Off the back of the worst week in the worst month, the ASX was up 2.2 per cent at the end of the week.
A positive lead from Wall St overnight, buoyed by the US Federal Reserve’s most recent rates pause, saw Aussie markets rise on Thursday.
New strict rules for Aussie travellers which could see their visas cancelled have been introduced.
Traders have ended the day on a high after poor results on the Australian share market earlier this week.
Australia’s biggest company is betting almost $24bn on a massive new project designed to keep a growing world fed and healthy.
With the Israel-Hamas war entering its “second stage”, the Aussie share market has fallen to its lowest level since October 24 2022.
Original URL: https://www.themercury.com.au/business/markets/australian-dollar/page/35