Markets

RBA Governor Michele Bullock

Take it to the bank! RBA cuts interest rates

It’s a cut! A second dose of mortgage relief is on the way for Aussie borrowers after the Reserve Bank lowered interest rates 0.25 percentage points.

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A BYD car. BYD is a popular Chinese EV brand.

Chinese EV sales stir hope for battered lithium miners

Electric vehicle sales in China rose 58 per cent year-on-year in April, a positive sign for struggling WA lithium miners with the battery commodity’s price running low on juice.

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Donald Trump’s trade war is starting to hit the international sales figures of some of America’s most iconic brands.

MAGA moves sparks image problem for American brands

Donald Trump is hurting products from Coca-Cola to Jack Daniel’s.

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Michele Bullock will have plenty of factors to consider when the RBA holds its monthly meeting tomorrow.

Cut and run: Hopes of rate relief after tomorrow fading fast

JACKSON HEWETT: The RBA is set to take interest rates below 4 per cent for the first time in two years tomorrow. But that may be where the good news ends.

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MinRes board chair-elect Malcolm Bundey

MinRes’ surprising new chair pick to start rebuild

Mineral Resources has named its man to lead a rebuild of the miner’s depleted board and regain the trust of shareholders left burnt by a series of scandals.

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Donald Trump’s attempt at a virtual border tax on imports is not delivering the gains he was banking on.
Investors on Wall Street are awaiting comments from at least two Federal Reserve members. (AP PHOTO)

Wall Street opens flat, set to cap strong weekly gains

US stocks have opened little changed as investors monitored political developments on tax legislation.

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US stocks closed higher, buoyed by soft inflation data and China trade optimism. (AP PHOTO)

Wall St higher on soft inflation data, trade optimism

US stocks opened slightly higher, buoyed by the more promising trade outlook between Washington and Beijing and new inflation data.

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All S&P 500 sub-sectors of Wall Street except utilities were higher at the end of trading. (AP PHOTO)

Wall Street closes higher after US-China tariff truce

US stocks have closed higher as investors cheered indications of easing trade tensions between China and the United States.

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The nation’s stagnating productivity issue is set to create more problems for the economy and Treasurer Jim Chalmers in the not too distant future.

Why can’t Australia solve its great productivity puzzle

It was the word on every CEOs lips at the country’s largest investor event, so why can’t Australia work it out?

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Domain said on Friday it had now entered into a binding scheme implementation deed and is urging shareholders to back the deal. 

CoStar seals $3b deal for Nine’s Domain

Australian property listings platform Domain has sealed a $3 billion deal with CoStar after the US suitor sweetened its offer to get its hands on the Nine Entertainment-controlled group.

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Business experts have warned Jim Chalmers new tax on unrealised gains in super could have massive ramifications for investment strategy in Australia.

‘Just strange’: Chalmers’ super tax strategy slammed

Jim Chalmers’ Division 296 policy received relatively little attention during the election campaign. But finance experts are warning that it could upend Australia’s investment landscape.

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Qantas CEO Vanessa Hudson in conversation at the Macquarie Australia Conference in Sydney.

Toasties and Thailand: Qantas boss says customers want value

Qantas’ budget airline Jetstar is making the most of the humble toastie as CEO Vanessa Hudson says customers still have cash to travel but to bang-for-buck destinations Vietnam, Bali, Thailand and Japan.

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Accent Group announced last month it would launch British sporting goods giant Sports Direct Down Under.

Sports Direct’s entry Down Under to come at expense of Rebel

British sporting goods giant Sports Direct’s entry into Australia is set to disrupt the nation’s $5 billion fitness retail market and will come at the expense of incumbent Rebel Sport.

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