Markets

Shares on the Australian Securities Exchange are up slightly ahead of Christmas. (Mick Tsikas/AAP PHOTOS)
Business
Derek Rose

Aussies shares inch higher in holiday-shortened trading

The ASX200 was up 0.1 per cent at midday as traders digested Reserve Bank minutes indicating officials remained concerned about inflation.

Read more (2 min) →
The game of borrowing money has changed.
Business
Jackson Hewett

Higher rates, higher stakes: Australia’s economic reckoning

With debt set to surpass $1 trillion, one thing is certain, Australia’s economic golden age has come to an end.

Read more (6 min) →
Robert Thomson, CEO of News Corp, speaks during The Wall Street Journal's WSJ Tech Live Conference in Laguna Beach, California on October 16, 2023. (Photo by Patrick T. Fallon / AFP)
Markets
Daniel Newell

Foxtel offloaded to UK streamer for $3.5b

Foxtel has been sold in a $3.5 billion deal that will bring UK sports entertainment juggernaut DAZN to Australia’s shores — and catapult local codes such as AFL and NRL onto a bigger global stage.

Read more (3 min) →

Sign up to The Nightly's newsletters.

Get the first look at the digital newspaper, curated daily stories and breaking headlines delivered to your inbox.

Email Us
By continuing you agree to our Terms and Privacy Policy.
The ASX fell 90.2 points, or 1.1 per cent, to a seven-week low on Friday. (Dan Himbrechts/AAP PHOTOS)
Business
Derek Rose

Red alert: Aust shares give up gains since Trump's win

The ASX200 was down 1.1 per cent to a seven-week low at noon, on track for its second-worst weekly performance of the year.

Read more (2 min) →
A negative lead from Wall Street has spooked Aussie investors.
updated
Markets
Daniel Newell

ASX200 sea of red after US Fed kills the Santa rally

The ASX200 nosedived in early trade on Thursday following a disastrous lead from Wall Street overnight that saw all three major US indexes post their biggest daily decline in months.

Read more (2 min) →
RBA Governor Michele Bullock is trying to walk the fine line between full employment and inflation, but the US Federal Reserve just tipped the balance in the wrong direction, writes Jackson Hewett.
analysis
Markets
Jackson Hewett

Why US rate cut spells grim news for Aussie mortgage holders

JACKSON HEWETT: As Governor Michele Bullock tries to walk the fine line between full employment and inflation, the US Federal Reserve just tipped the balance in the wrong direction.

Read more (5 min) →
Shayne Elliott, outgoing chief executive officer of ANZ.
Business
Sean Smith

ANZ cops first pay strike, CEO losses bonus reward

Angry shareholders have delivered a first strike against ANZ over its bond trading scandal and forced the bank to withdraw a bonus reward for retiring chief executive Shayne Elliott.

Read more (3 min) →
Beijing is staring down another tough year for the Chinese economy.
World
The Economist

China’s economy is in for another rough year

Bold action in Beijing is needed to turn things around.

Read more (5 min) →
The slow, painful drip of Budget downgrades has exposed the long term structural issues that Australia must resolve, writes Jackson Hewett.
analysis
Australia
Jackson Hewett

Drip of Budget downgrades exposes $25b black hole of debt

JACKSON HEWETT: The slow, painful drip of Budget downgrades has exposed the long term structural issues that Australia must resolve if the country is to avoid becoming a nation of permanent government debt.

Read more (4 min) →
The new combined group is expected to generate more than $4 billion in annual sales.
updated
Business
Cheyanne Enciso and Daniel Newell

Myer’s $1b deal with Premier fashion brands fair, reasonable

Myer’s independent expert has declared the department store’s $1 billion purchase of Premier Investments’ suite of fashion brands as ‘fair and reasonable’, with shareholders urged to vote in favour of the deal.

Read more (4 min) →
Shares had gained at midday after five days of losses, marking the start of a potential Santa rally.
Markets
Derek Rose

Aussie shares rebound sharply in potential Santa rally

The ASX200 was up 0.9 per cent at midday, rebounding strongly from five days of losses as traders swooped in.

Read more (3 min) →
Treasurer Jim Chalmers has appointed a corporate-heavy advisory board to the Reserve Bank of Australia.
updated
Business
Jackson Hewett

New RBA faces that will influence your mortgage revealed

Treasurer Jim Chalmers has appointed a corporate-heavy advisory board to the Reserve Bank of Australia following a six-month review in to how the bank sets monetary policy.

Read more (4 min) →
Bitcoin has blasted off again but analysts are predicting its 2024 gains may have ended its previous boom and bust cycles.
Business
The Economist

Bitcoin is up 138% this year. It is a nonsense-free rally

The link between digital assets and mainstream finance is strengthening.

Read more (4 min) →
Two final data readouts could prove pivotal to the Reserve Bank's next decision on interest rates. (Darren England/AAP PHOTOS)
Business
Jacob Shteyman

Key data that could save fading February rate-cut hopes

Two final data readouts could prove pivotal to the Reserve Bank's next decision on interest rates after shock unemployment figures.

Read more (2 min) →
The RBA says US tariffs won't be plain sailing for Australia but the economy could ride it out. (Dean Lewins/AAP PHOTOS)
US Politics
Jacob Shteyman

Odds of a Trump-China trade war cancelling Christmas

The Ghost of Christmas Yet to Come has visited the RBA deputy, revealing the chance of the global economy plunging into another Depression.

Read more (2 min) →