Updated
World markets
ASX extends losses after Wall Street’s worst day since April
The local sharemarket slipped for a second day after Wall Street tumbled to its worst drop in months as its rally lost momentum.
- by Millie Muroi
Latest
The top five shares Boomers and Millennials are buying
These investors have million-dollar-plus portfolios, but are buying very different shares.
- by Millie Muroi
Updated
World markets
ASX ends lower, following losses on Wall Street
The Australian sharemarket slid lower on Wednesday, as utilities and a negative lead from Wall Street weighed on the index.
- by Millie Muroi
Updated
World markets
RBA interest rate pause lifts ASX as miners and tech stocks rise
The Australian sharemarket lifted all sectors into the green after the Reserve Bank held interest rates at its August meeting.
- by Millie Muroi
Household bank deposits drop $7.7b, in first decline in two years
The latest figures from the banking regulator suggest households may at last be feeling the pinch from rising rates as RBA mulls the next move in its fight against inflation.
- by Millie Muroi and Clancy Yeates
Opinion
Cash
My adventures at Starbucks in LA showed why cash is still king
Unless you’re willing to trade in some dignity, a physical card or cash should remain decisively on your packing list.
- by Millie Muroi
Updated
World markets
ASX edges higher ahead of key RBA rates decision
The Australian sharemarket lifted on Monday as Wall Street’s rally got back on track following more encouraging profit reports and signs of easing inflation.
- by Millie Muroi
Big four banks hike fixed rates as funding costs rise
An increase in funding costs has led to banks raising their fixed rates as they walk away from the ultra-competitive rates offered during the pandemic.
- by Millie Muroi
Updated
World markets
ASX slumps as miners, real estate investment trusts weigh
The ASX lost ground on Friday even as retail trade data pointed to a higher possibility of the RBA keeping interest rates on hold next week.
- by Millie Muroi
Updated
World markets
ASX rises despite slide in mining and energy stocks
The Australian sharemarket lifted on Thursday, even as the Federal Reserve raised interest rates to their highest level in more than two decades.
- by Millie Muroi
Macquarie chair Glenn Stevens warns on inflation as profits take a hit
The former RBA governor said he hoped he was wrong about inflation, as Macquarie profits in the June quarter came in “substantially lower” than last year.
- by Millie Muroi