Markets

The local share market has nosedived, with investors stripping it of $28 billion of value after President Donald Trump revealed Australia would cop a 10 per cent tariff hit on all good imported into the US.

Business and Australian farmers are deeply disappointed about Donald Trump’s 10 per cent tariffs on Australian exports, warning six billion American hamburgers will be more expensive.

JACKSON HEWETT: Friend or foe, it won’t matter. And much like his previous business transactions, Mr Trump’s art of the deal will commence with an extreme anchor.

JACKSON HEWETT: The US President’s willingness to stomp on the global trading order and reshore American manufacturing could be a power play on two levels.

JACKSON HEWETT: The US President has everyone on tenterhooks, Australian mortgage holders included.

S&P, Nasdaq post worst month since December 2022; Uncertainty over Trump tariffs weigh on markets in first quarter Dow up 1.0 per cent.

Former WiseTech Global chairman Andrew Harrison has returned to the board he departed just a year ago to fill the role of lead independent director.

A rush of new tariffs will hurt growth, raise prices and worsen inequality.

The US property market data giant circling Australia’s Domain has sweetened its offer for the real estate listings platform to almost $2.8 billion.

The Reject Shop may be best known for its bargain-basement prices on everyday items but it has managed to attract a top-shelf takeover bid from a foreign suitor.

US stocks have closed lower amid investor caution regarding the country's tariff policies.

Investors have given James Hardie the cold shoulder after the building products supplier revealed an ambitious $14b merger deal.

Premier Investments’ Solomon Lew has painted a bleak picture for consumer sentiment as he warned Australians not to expect any relief in the Federal Budget due to excessive government spending.

The US Federal Reserve’s Jerome Powell may not have delivered a rate cut to Americans overnight, but he did offer a grim economic warning instead.

Myer boss Olivia Wirth is confident she has the new growth strategies in place to establish the 125-year-old department store as a retail powerhouse amid tough trading conditions.