Aussies buckle under ‘wageflation’ pressure
Wages are exploding across Australia, but there’s a downside to the money bump.
Australian Dollar
Resilient consumer sector lifts Aussie shares
Bumper results from a bellwether retail giant injected renewed confidence into the Aussie sharemarket on Monday.
‘False prophets’: RBA deputy’s warning
A man at the top of the Reserve Bank of Australia has warned Aussies against “false prophets” who claim to know what will happen in the future.
Aussie shares lift on Wall St relief rally
The Australian stockmarket has ended a wild week on a positive note, propelled by renewed confidence on Wall St that the US will avoid a recession.
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ASX up as miners, energy producers rise
Losses in health and consumer stocks were offset by gains from miners and energy producers to send the benchmark higher on Tuesday.
Exiled: ASIC slaps down PwC partner
The man who leaked confidential government information to clients has been exiled from the world of Australian finance.
Aussie sharemarket drops 2.1pc in a week
Fears of an escalation of the Israel-Hamas has shaved 1.2 per cent off the Australian share benchmark on Friday.
RBA boss’s $110k pay bump before exit
The latest report from the Reserve Bank of Australia shows how much money the men and women who determine your mortgage bill make each year.
Aussie dollar falls dangerously low
There’s one big reason that the Australian dollar is so weak against the US dollar – but it could mean an investing opportunity for the brave.
‘Dirty assets’: Outrage over mega mine deal
The sharemarket has cheered the news of a mega mine deal, but environmentalists say it’s a catastrophe for the climate crisis.
Real reason food prices are going up
Multiple strikes have broken out across Australia’s food sector, putting more pressure on an industry rocked by surging inflation. But experts have cautioned labour is not to blame for rising grocery bills at the checkout.
ASX has biggest gain in a month
The Aussie share market peaked above the 7000 threshold on Tuesday after the US Federal Reserve signalled an easing of its interest rate strategy.
ASX edges higher as oil sinks
After oil prices tumbled and Wall Street finished higher overnight, the local benchmark ended its three-day losing streak to finish in the green on Thursday.
Premier’s big cost-of-living relief promise
One state’s premier has pledged to back small business with cost-of-living relief to help them stare down interest-rates and inflation pressures.
Original URL: https://www.themercury.com.au/business/markets/australian-dollar/page/36