The US market fell for a fifth session in a row because they do think they are heading into recession.
The Australian dollar is trading at its lowest US dollar exchange rate since April 2020.
The local share market fell significantly, following the lead from Wall Street on Friday. Alan Kohler has the details.
The Australian dollar moved a little higher ahead of the expected sixth rate hike in a row.
The local sharemarket sank on fears about the UK financial crisis and rising fears about recession.
The Australian dollar dropped to a new two year low today even though solid retail sales increased the prospects of a sixth consecutive rate hike next week.
Profits have had their biggest inrease in more than five years while wages increased the most since the GFC in 2008.
The local sharemarket fell quite heavily today, while the Australian dollar continued to ease.
The electricity market operator has called for more renewable generation to be built urgently, to avoid unreliable supply on the East Coast.
The local share market suffered heavy losses across the board in response to big falls on Wall Street on Friday. Alan Kohler has the details.
Big gains by uranium stocks helped the local sharemarket bounce back today after news that Japan is considering restarting nuclear energy.
Coles shares slumped after its annual profit disappointed investors but it did not stop the market as a whole posting a small gain.
The Australian share market had another big fall as evidence of a slowing economy continues to mount.
Both the Australian Dollar and Australian share market fell as global markets were hit by bad news from Europe and China.
Surging energy stocks and positive economic data helped the market to another weekly gain.
Today's news that employment fell in July weighed on the Australian dollar even though unemployment fell too.
The Australian dollar fell initially when the wages data was released but then recovered as the day went on.
The local share market produced solid gains, helped by some strong profit results. Alan Kohler explains.
England's economy now has a bleaker outlook than that of the US and its European neighbours.
The local share market posted its fifth consecutive day of closing in positive territory, with resources and retailers leading the charge. Alan Kohler has the details.
The US is technically in a recession, having recorded two consecutive quarters of negative growth. However, a recession has not been officially acknowledged, as Elysse Morgan explains.
The chair of the US Central Bank has said that he does not think that his countriy's economy is in recession.
There’s some relief for drivers on the way as petrol prices continue to slowly track in a downwards direction. Daniel Ziffer has the details.
The Aussie dollar held firm, above 69 US cents - after this week's flurry of comments from, and about, the Reserve Bank.
Suncorp has agreed to a sale of its banking business to ANZ for almost five billion dollars. Alan Kohler has the details.
The local share market slammed into reverse today, and the Australian dollar also dropped sharply.
The local share market started the week strongly, posting a 2 percent gain as investors begin to believe that a recession is not necessarily inevitable. Alan Kohler has more.
A misleading mobile phone maker has copped an expensive fine, but under new laws it would be even larger.
Australian shares jumped one point one percent as the RBA Governor outlined the path to higher interest rates.
Global sharemarkets rose today, even though the American Central Bank announced a big 0.75 per cent hike in US interest rates.
The share market fell again today, but nowhere near as much as yesterday when almost $90 billion was wiped off the ASX.
Alan Kohler explains how the worst trading day in Australia in more than two years unfolded, and why it happened.
The big banks continued to be sold off today, dragging the local sharemarket down by more than one per cent.
The interest rate hike caused the Australian dollar to jump sharply before it fell again.
The Australian dollar is back at 72 US cents as the market prepares for another interest rate hike when the Reserve Bank board meets tomorrow.
Lending for housing is on the decline as the market cools and an interest rate rise imminent. Elysse Morgan has more.
New data shows construction fell in the March quarter because of problems getting materials and soaring prices.
It was a wild day of trade on the local market, with investors throwing caution to the wind.
Following the rate hike earlier this month, consumer sentiment has fallen the most in nearly two years.
Westpac shares jumped today after the bank posted a surprisingly large increase in profit. Alan Kohler has the details.
The Aussie dollar has held onto the gains that followed yesterday's rate hike, but the local share market slipped again.
The Australian dollar went on a roller coaster ride after the RBA's interest rate decision.
This week's figures show that consumer prices have risen more than five per cent in a year.
Mortgage repayments for many are set to increase - with interest rate rises almost locked in.
When you delve into today's inflation figures the stand out is that almost every aspect of our lives is becoming more expensive.
The Reserve Bank of Australia is expected to raise interest rates at some point soon, but the question is when?
The International Monetary Fund, one of the world's loudest voices in finance, has cut its forecast for growth.
The International Monetary Fund, one of the world's loudest voices in finance has cut its forecast for growth.
The Reserve Bank Board's minutes suggest an interest rate rise may be sooner than previously thought.
The US Federal Reserve is expected to announce the first US rate hike since December 2018.
In addition to petrol, inflation continues to impact a whole range of things that Australians rely on. Alan Kohler has the details.
More than 60 billion dollars was wiped off the value of Australian shares today after Russia invaded Ukraine.
Russia's incursion across the Ukraine border casused a sharp drop in global sharemarkets.