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RBA holds official interest rates at 4.35% for second straight meeting
Home borrowers are breathing another sigh of relief, as the Reserve Bank leaves the cash rate at 4.35% for a second consecutive meeting. But a hawkis…
2 months ago
Banking stocks slide as Westpac mortgage applications slump 20 per cent
A jolt for banking investors, as Westpac flagged a 20-percent drop in Q3 mortgage applications, blaming the combined effects of three interest rate r…
2 months ago
ASX closed at second consecutive closing high ; corporate reporting season hots up
Ongoing hopes of a US-Iran deal to re-open the Strait of Hormuz have sent the ASX to a second consecutive closing high. The S&P/ASX 200 added 43.8 po…
2 months, 1 week ago
ASX closes at fresh record high, as tech and mining stocks rally
The Australian sharemarket has closed at a new record high, amid hopes for an imminent re-opening of the Strait of Hormuz. Rena Sarumpaet spoke to Ju…
2 months, 1 week ago
Property profit boom showing signs of weakness ; Risk appetite returns to gloal markets
Researchers at Domain say the profit boom of the past decade is starting to show early signs of weakness. Stephanie Youssef spoke to Domain's Chief o…
2 months, 1 week ago
Housing downturn accelerates, oil prices fall
Australia's property downturn is accelerating - and widening - as higher interest rates and unease over tax changes continue to impact buyer activity…
2 months, 1 week ago
Claude AI models hack three firms during testing, Microsoft’s best day
Anthropic has become the second major AI company to reveal one of its AI models hacked into other firms during security testing. For more, Stephanie …
2 months, 2 weeks ago
Australian shares fall from four-month highs, as confidence wanes
The Australian sharemarket snapped a three-day winning streak, to close 0.8 per cent lower, amid rising risks of inflation emanating from the escalat…
2 months, 2 weeks ago
Surprise inflation drop cools bets of RBA rate hikes
The latest data from the ABS shows headline inflation fell from 4 per cent to 3.8 per cent in June. Despite trimmed mean inflation remaining steady a…
2 months, 2 weeks ago
Origin cyber breach puts 900,000 customers on alert and China's AI rise
Australia’s sharemarket climbed to a six-week high ahead of key inflation data, with Todd Hoare from LGT Wealth Management unpacking the day’s market…
2 months, 2 weeks ago