Markets

Seven West Media chief executive Jeff Howard.

SWM extends 7 reach with $3.8m purchase of rural TV licences

Channel 7 and its suite of digital television offerings will extend their reach to almost the nation’s entire population after it snapped up television licences across a vast swathe of regional Australia.

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The group generates 20 per cent of revenue from the US and 90 per cent of its products are made in China.

City Chic flags US exit option amid tariff upheaval

City Chic says it has the option to pull the plug on its US stores if talks between the Trump administration and Beijing fail to resolve a standoff that has slapped a 145 per tariff on Chinese imports. 

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Warren Buffett is stepping down as CEO of Berkshire Hathaway.

Warren Buffett creates a $540b question for his successor

Berkshire Hathaway’s next CEO has huge shoes to fill — and a mountain of cash to invest.

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Michele ‘Wonder Woman’ Bullock is likely to announce an interest rate cut, in a welcome sign for homeowners.

Improved inflation data good news but the pain is not over

Headline inflation has finally fallen into the Reserve Bank’s target range for a rate cut, despite new data showing that the cost-of-living crisis is set to continue into the next decade.

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Wall Street investors are monitoring earnings results for how tariffs may effect corporate outlooks. (AP PHOTO)

Wall Street gains as earnings, data, and tariffs are gauged

Quarterly results reveal that United States stocks have closed higher as investors monitored developments in the trade relationship between the United States and China.

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Former Virgin Airlines boss Jayne Hrdlicka has landed the top job at Endeavour.

Former Virgin boss lands top job at booze empire Endeavour

Former Virgin Airlines boss Jayne Hrdlicka has landed a new job at flagging Dan Murphy’s and BWS owner Endeavour Group.

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Donald Trump’s drive to recreate US manufacturing’s halcyon days ignores a number of the global economy’s current realities.

The trouble with MAGA’s manufacturing dream

Donald Trump underestimates the difficulty of producing in America - and how his own policies will make it harder.

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The Government’s costing announcement was undercut when international rating agency S&P Global warned Australia’s top tier ‘AAA’ rating could be jeopardised.

Chalmers cops a rare credit-bility check from global agency

A rare rebuke by global ratings agency S&P has overshadowed Labor’s attempts to paint itself the more responsible economic manager, as election sweeteners threaten Australia’s top AAA credit rating.

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Households will get a rate cut in May regardless of April’s inflation reading, one major bank’s chief economist has boldly declared.

‘Locked in’: Major bank’s big rate cut call

Households will get a rate cut in May regardless of April’s inflation reading, one major bank’s chief economist has boldly declared.

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ResMed Enhances CPAP Therapy with its First Fabric Mask

Sleep device maker Resmed breathing easy on US tariffs

Sleep device maker Resmed claims it is exempt from US President Donald Trump’s new tariffs as it eyes expansion in the world’s biggest economy.

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Domino's CEO Mark van Dyck.

Domino’s slices European leadership in senior exec shake-up

Domino’s Pizza chief executive Mark van Dyck will spearhead the company’s turnaround efforts in the struggling European market.

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Japan's Nikkei has eased a modest 0.3 per cent in morning trade. (AP PHOTO)

Asia fights drag from Wall St as US assets buckle

Asian stock markets fought to hold their footing on Tuesday after a furious flight from US assets undermined Wall Street and the dollar, while concerns about the independence of the Federal Reserve piled fresh pressure on Treasuries.

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Superannuation members could be down by as much as 3.9 per cent.

Impact of Trump chaos on Aussies revealed

Just about every worker and retiree in the country is feeling the impact of US President Donald Trump’s tariff policies.

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Japan's Nikkei is lower in Monday morning trade while South Korea's benchmark index is steady. (AP PHOTO)

World stocks slide as Trump's Fed attacks jangle nerves

Gold prices have reset record highs while stocks slid as investors fret over tariffs and President Donald Trump's criticism of the Federal Reserve chair.

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There’s still considerable confusion over what the White House’s trade objectives are, but a clearer picture is starting to emerge.

What Team Trump wants from the rest of the world

While substantial confusion remains over the White House’s trade objectives, a clearer picture is starting to emerge of what tariff negotiations could look like.

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