Aussies warned as hopes of rate cut fade
More pain could be on the way for mortgage holders and the Albanese government, with an all-important data release tipped to show ‘persistent inflation’ in the economy.
More pain could be on the way for mortgage holders and the Albanese government, with an all-important data release tipped to show ‘persistent inflation’ in the economy.
The Australian sharemarket slumped into a sea of red on Thursday as a gruesome tech rout on Wall St crippled confidence.
The Australian sharemarket edged lower on Wednesday as investors opted for caution following days of political chaos.
The Australian sharemarket has lifted to break a three-day losing streak on Tuesday on the back of an tech-led Wall St rebound.
The Australian dollar has continued a major downward spiral today — dropping almost a full percentage point to a nine-month low.
The banks buoyed the Australian share market on Wednesday, after the Commonwealth Bank posted its full-year report.
Original URL: https://www.themercury.com.au/business/markets/australian-dollar/page/38