Aussie dollar
Opinion
Federal budget
If Chalmers gets the budget wrong, interest rate rises may kill his government
For Treasurer Jim Chalmers, this budget is existential. Bad decisions could increase unemployment or provoke more interest rate rises. Both would be political nails in the government’s coffin.
- by Shane Wright
Latest
We asked Victorians what they thought of the budget. This is what they told us
It’s a tight budget with a few standouts for families, but Victorians still have plenty to say.
- by Najma Sambul, Lachlan Abbott, Caroline Schelle and Sherryn Groch
Updated
World markets
ASX slumps after weak US data; BHP shares drop on $60b deal
Australian shares sunk to almost three-month lows after higher-than-expected inflation figures in the United States and Australia pushed bond yields higher and weighed on the local bourse.Â
- by Sumeyya Ilanbey and Millie Muroi
Updated
Shares
ASX dives amid escalating Middle East tensions
Australian stocks dived for their seventh session in the past days, with investors fearing the ramifications of escalating tensions in the Middle East, also weighing on the market was a US labour report, released overnight, that reaffirmed bets interest rates would remain higher for longer.Â
- by Sumeyya Ilanbey
Opinion
Currencies
Why the US dollar is setting off alarm bells around the world
Suddenly, tension and uncertainty have gripped financial markets, making them highly volatile.
- by Stephen Bartholomeusz
Updated
World markets
Miners and healthcare firms lift ASX for third day of gains
The Australian sharemarket stepped up on Wednesday, despite US stock indices slipping ahead of some potentially market-moving reports later in the week.
- by Millie Muroi
Updated
World markets
ASX flirts with record after Wall Street rebounds on rate cut hopes
The Australian sharemarket briefly flirted with an intraday record high at lunchtime before dipping, after Wall Street rebounded overnight on fresh hopes of an early interest-rate cut.
- by Sumeyya Ilanbey and Millie Muroi
Analysis
Analysis
How to make our weak Australian dollar stretch further overseas
Credit cards are convenient but can be an expensive way to pay for things when overseas.
- by John Collett
How Labor’s tax plan is predicted to pan out for you over the next 10 years
Analysis of the overhauled stage 3 tax cuts shows the vast majority of workers would benefit over the next 10 years, as the government prepares to introduce its legislation this week.
- by Rachel Clun
Updated
Wall Street
ASX extends rally after retail figures top forecasts
The Australian sharemarket has extended its gains on Tuesday afternoon after retail sales and building approvals for November topped forecasts.Â
- by Sumeyya Ilanbey
Updated
Sharemarket
ASX finishes Friday in the red, following in Wall Street’s wake
The Australian sharemarket finished lower on Friday as Wall Street drifted down overnight on the back of signals that the US job market remained hotter than expected.
- by Jessica Yun and Millie Muroi