Markets

The record rise of the price of gold has taken another jump, and with it Australia’s new gold rush has officially landed. Here’s everything you need to know.

Although government shutdowns typically have a negligible impact on capital markets, the timing of this one is significant.

The price of gold has soared to new highs, as the US government entered its first shutdown in almost seven years after lawmakers failed to reach a deal on government funding. 

All three main Wall Street indexes have advanced despite weaker than expected payrolls data with healthcare stocks providing the biggest boost.

Anthony Albanese has urged BHP and Chinese iron ore customers to come to a quick resolution on hardball price negotiations that have reportedly led to a halt on imports of Australia’s lifeblood commodity. 

A sacked ANZ banker is seeking up to $30 million in damages as he says the bank persecuted him for blowing the whistle on an interest rate rigging scandal.

Mining behemoth BHP is continuing to negotiate a deal to keep iron ore from its vast Pilbara empire flowing into Chinese steel mills, with rumours of a ban rejected as not true.

Dodgy data, tetchy markets and a swathe of laid-off workers.

Economists say the chances of a rate cut at the bank’s Melbourne Cup Day meeting on November 4 now hang in the balance, with September quarter inflation likely to swing a lineball decision either way. 

Warren Hogan says he’s close to predicting the RBA’s next move in cash rates to be higher, but he’s not there yet.

Asian markets have dropped after US President Donald Trump has announced a string of huge new tariffs which will come into effect on October 1.

AARON PATRICK: Some media watchers believe Bruce Gordon, the owner of the Win TV network, installed a new chairman to increase his influence over Nine.

Premier Investments’ billionaire chair Solomon Lew has made a string of allegations against a ‘mob’ of former senior executives, including the sacked boss of kids stationery juggernaut Smiggle.

As many cryptocurrencies hit all-time highs, uncertainty over how various government departments treat these assets could leave some traders and others exposed if Centrelink or the ATO ever come knocking.

The embattled casino operator will continue to have its operations run by special manager Nicholas Weeks after being dealt another blow by the NSW regulator.