Business

The Australian sharemarket shed $25 billion dollars as nervous investors followed Wall Street’s $US4 trillion selldown over recession fears, but a late afternoon revival has eased investor losses.

EDITORIAL: Barring a last minute miracle, it appears certain that Australia will not be spared from Donald Trump’s tariff binge which is threatening to destabilise the world economy. 

Just hours before Washington’s axe falls on Australian steel and aluminium companies, the Government is still in the dark about whether it can snatch a reprieve from punishing 25 per cent tariffs on imports. 

Should you use superannuation savings to clear the mortgage? There’s a few important factors to remember, and why one option beats the other.

Investors have turned increasingly nervous about US President Donald Trump’s supposedly business-friendly policies, and the jitters intensified when he refused on the weekend to rule out a recession.

Gender equality policies have become a ‘convenient scapegoat’ for broad economic worries and men must be included in a new conversation, women's advocates say.

Westpac said the RBA’s decision to cut interest rates for the first time since late 2020, and further easing in cost of living pressures have provided a ‘clear lift’ in consumer sentiment.

Australia’s next Federal Government will need to make the economy as ‘strong as it can be’ in a bid to survive US President Donald Trump and his erratic polices, according a top economist.

Embattled casino group Star Entertainment has confirmed the lender behind a $940 million refinancing deal, as it mulls multiple pathways for survival

The world’s trustbusters hint that they want more deals.

DOGE chief Elon Musk says he’s running his businesses ‘with great difficulty’ as shares of his automotive firm Tesla suffered their worst drop in a half-decade.

During Donald Trump’s first term, investors came to believe that his administration’s focus on tax cuts and deregulation would ultimately overwhelm his unpredictable tendencies. This time, it’s different.

The tech billionaire’s social media platfrom X is the victim of an ongoing cyberattack that he says originated in Ukraine.

The Australian share market has plummeted, shedding more than $45 billion after US markets tanked overnight on recession fears.

Fears of a recession in the world's biggest economy has driven a sharp plunge in the Australian market, in line with an overnight sell off on Wall St.