Boral’s $3.5b bet on USThe chief executive of building materials giant Boral, Mike Kane, says he is betting on a long-term US economic recovery and not ju
The Australian share market has ended slightly lower after day of choppy trading as investors wonder if US President-elect Donald Trump will implement policies to stimulate the US economy.
The Australian share market has opened lower, following Wall Street's weak leads and amid uncertainty around President-elect Donald Trump's effect on the US economy.
Oil prices have settled higher, closing out a strong week that has seen crude buoyed by growing expectations that OPEC will find a way to cap production at the end of the month.
Gold has fallen to its lowest level since late May as the US dollar surged to its highest in more than 13-and-a-half years on expectations of a December US interest rate rise and higher fiscal spending from President-elect Donald Trump's incoming administration.
Weak wage gains blow out budgetThe Coalition government is bracing for a significant deterioration in next month’s budget update as weaker wages growth offsets any tax rev
The Australian share market is higher with investors hunting yields and bargains as global bond yields rise on the back of firming US interest rate hike expectations.
Gold has fallen to a five-and-a-half-month low, giving up earlier gains as the US dollar index tapped a 13-and-a-half-year high on strong US economic data and comments by US Federal Reserve Chair Janet Yellen that bolstered the case for raising its interest rate in December.
Oil prices have settled slightly lower, before falling as much as one per cent in the after-market session as a stronger US dollar outweighs expectations of an OPEC deal to limit production.
The benchmark S&P 500 index rose to within a hair of its record high on Thursday as bank stocks got a boost from bets on higher interest rates and consumer discretionary stocks were helped by economic data and earnings.
Millions lost via dodgy trusts, says Tax OfficeJust a handful of dodgy tax structures being used by Australians cost tens of millions of dollars in lost revenue, according
The Australian share market has held onto a slim gain as investors wonder how the US political landscape will change under Donald Trump when he assumes the presidency.
The Australian share market has slipped in early trade, taking cues from a lower close on Wall Street, as overnight declines in the metals and energy markets weighed down sentiment.
Wall Street has opened lower - a day after the Dow closed higher for the seventh day in a row following Donald Trump's election win - as investors brace for higher interest rates.
Oil prices have eased in volatile trading as the market gives more weight to a bigger-than-expected US crude inventory build than Russia's comments about a possible meeting with Saudi Arabia that has renewed hopes for a production freeze deal.
Gold has eased as the US dollar climbs to a 14-year high against a currency basket, extending a week-long rally driven by a surge in Treasury yields after Donald Trump's election to the US presidency.
Trump tax cuts must be matchedThe Coalition has seized on weak wages growth to fire up support for company tax cuts amid warnings from business that Australia must match D
Australian shares closed flat as strong gains in energy producers and the big four banks were offset by falls across the resource, health care and consumer discretionary sectors.
The head of Australia Post says it took longer than he expected to reform the company's haemorrhaging mail business and reduce its losses, delaying the company's expansion overseas.
The Australian share market has opened higher on the back rising energy shares and with investors seeming slightly more positive about a Trump presidency.
The Australian dollar is little changed against its US counterpart as the greenback's post-election rise stalls along with the surge in US bond yields.
Oil prices have jumped six per cent, with US crude notching its biggest daily percentage gain in seven months, on renewed expectations that OPEC will agree in late November to reduce a global supply glut.
US stocks rose on Tuesday, with the Dow registering its fourth consecutive record high close as tech stocks rebounded from a post-election battering and energy stocks were boosted by a sharp rise in oil prices.
A national tourism business backed by Quadrant Private Equity has acquired Rottnest Express, one week after a food services business also backed by Quadrant announced plans to buy family-owned Sealanes.
RBA, IMF warn of debt, housing riskHeavily indebted Australian households and governments need to build greater financial resilience against a global economy facing fresh
The Australian share market has closed weaker despite retracing some of its earlier losses as market enthusiasm for the potential policies of US president-elect Donald Trump moderates.
