News
ASX set to rise as Wall Street gets an AI boost
3+ hour, 49+ min ago Stocks gained ground on Wall Street on Friday for a second straight day, wiping away losses from earlier in the week. Technology stocks were once again the main force behind the market's broader moves, especially companies with a focus on…...
The 12 days of a very expensive Christmas
1+ day, 17+ hour ago Showering gifts on your true love has never been so expensive. The carol The Twelve Days of Christmas, in which a deep-pocketed and clearly besotted person delivers a combined 364 gifts to the target of their affection, is often used by…...
Cut company tax, cut red tape to get the country racing: PC
2+ day, 19+ hour ago Almost every company would get a tax cut under a revamped plan from the Productivity Commission aimed at boosting Australians" living standards while the federal government would slash $10 billion worth of red tape and force public servants to become more…...
ASX set to rise as Wall Street jumps on inflation update
3+ day, 3+ hour ago US stocks are jumping on Thursday following an encouraging report on inflation that could help the Federal Reserve keep cutting interest rates next year. A strong profit report from Micron Technology also helped AI stocks halt their sharp slides, at…...
Trump’s two Americas are getting further apart
4+ day, 21+ hour ago The disparity between the facts and their interpretation highlights how the 43-day shutdown of the US government, during which the Bureau of Labor Statistics (BLS) ceased collecting data, has left the reliability of the much-anticipated, and much delayed, jobs report…...
ASX set to slip as Wall Street retreats on mixed economic data
5+ day, 4+ hour ago The US stock market is slipping on Tuesday following mixed data on the economy's strength, which did little to clear uncertainty about where interest rates may be heading. The S&P 500 fell 0.6 per cent in afternoon trading and remains a…...
Five years of slow decay: Bullock’s grim warning for future
6+ day, 15+ hour ago Reserve Bank governor Michele Bullock has warned the next five years could be marked by a slow-moving global economic decay as the unintended consequences of Donald Trump's policies to make America great translate into higher costs and slower growth. In…...
Crackdown on supermarket price-gouging planned
1+ week, 14+ hour ago The Albanese government is set to crackdown on supermarket price-gouging....
Supermarkets soon to be slapped with $10m fines for price gouging
1+ week, 1+ day ago Supermarkets such as Coles and Woolworths could soon face $10 million fines for price gouging under new laws....
‘An uneven playing field’: Supermarkets hit back at Labor’s price gouging ban
1+ week, 1+ day ago Supermarkets and retailers have warned a government ban on grocery price gouging could backfire, criticising the move as unprecedented and unfair for targeting only the biggest chains. The Albanese government will announce on Sunday that it would ban price gouging…...