As it happened: RBA says Australians back cash over digital alternative, Aldi fronts supermarket inquiry
ABC News » European Union
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6d ago
The bosses of Aldi are fronting a Senate inquiry examining supermarket prices and market power in Australia, while a fall on Wall Street has sent Australian stocks lower after data showed US consumer prices rose more than expected in March ..read more
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Bunnings grilled at supermarket inquiry, ASX falls on geopolitical tensions — as it happened
ABC News » European Union
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6d ago
Rising geopolitical tensions have a mixed impact on commodity prices, sending stocks lower during the Asian session. Meanwhile, Bunnings has been grilled at the Senate inquiry into supermarket prices ..read more
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ASX snaps five-day losing streak to end 0.5pc higher, BHP to decide Nickel West's future by August — as it happened
ABC News » European Union
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6d ago
The ASX has snapped a five-day losing streak to close 0.5 per cent higher on Thursday, while the unemployment rate rose to 3.8 per cent in March. Look back on the day's developments as they happened with our blog ..read more
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A German far-right leader allegedly used a Nazi slogan twice — his 'extremist' party is one of the country's highest-polling
ABC News » European Union
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6d ago
Experts say the allegations against him and support for his party are just part of a "concerning" shift towards the far-right and extremism across Europe.  ..read more
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ASX loses 1.3% on back of Wall Street decline, gold price hits new high and the world's richest people are getting richer — as it happened
ABC News » European Union
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2w ago
The Australian share market followed Wall Street lower, dropping from its record high, as our regional neighbours also posted losses during today's trade. Meantime, 2023 was an "amazing year" for billionaires, with the world's richest people reportedly becoming $3 trillion richer ..read more
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ASX rises, former RBA boss laments unproductive tax system, while apartment approvals plunge — as it happened
ABC News » European Union
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2w ago
A small gain on Wall Street sends Australian stocks higher, while fresh building approvals data showed a massive plunge in apartment approvals, which is worrying for both builders and city-dwelling renters. See how the day unfolded on our live business blog ..read more
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As it happened: ASX ends the week lower after Wall Street drops, IAG hit for widespread staff underpayments
ABC News » European Union
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2w ago
The Australian share market posted its third loss in four days to finish the shorter Easter trading week down 1.6 per cent, following comments from Federal Reserve officials suggesting rate cuts may come later this year, or even next.  ..read more
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Live:ASX set to follow Wall St gains after strong US jobs creation not matched by wage rises
ABC News » European Union
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2w ago
The Australian share market is set for solid gains to start the week after US stocks surged on a strong jobs report that also indicated wage growth remains in check. Follow the day's events and insights from our business reporters on the ABC News live markets blog ..read more
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