The Australian sharemarket retreated in late trading to finish in negative territory for the fifth consecutive session despite making up some of the ground it had lost over the past week.
Australian house prices are out-performing most of the world,even after inflation,but pressure is growing on the business sector.
Suddenly,tension and uncertainty have gripped financial markets,making them highly volatile.
Treasurer Jim Chalmers will hand down his third budget in just over a month. Having Paul Keating,arguably the nation’s greatest economic reformer,as an idol is starting to weigh on him.
Interest-rate sensitive sectors drag the local bourse lower after US stocks slump following a report revealing larger-than-expected US inflation.
Jamie Dimon is one of the most powerful people in the world. His annual letter to shareholders contains an alarming scenario. Australia would not be immune.
Global supply chains don’t have as much slack as they did,say,last summer,after pandemic disruptions were mostly a thing of the past,because Baltimore isn’t the only problem.
Philip Lowe says the current tax system is hurting Australia’s productivity,with the GST rate too low and income tax too high.
The RBA board said it was not yet confident inflation was definitely tracking down in its estimated time frame. Here’s what the board will be watching closely to make sure it does.
The ups and downs of interest rates mean more to Australian families than they do to virtually anyone else on the planet.
Property values rose across most capital cities in March,but the size of the increase varied widely.