.XTO S&P/ASX 100
- 6523.700
- +26.100+0.40%
Australia Q1 GDP Growth Slows, Misses Forecast
The Australian economy eked out a 0.1% increase in the first quarter, while growth through the year was the slowest in more than three years, according to the latest data from the Australian Bureau of
Australian Q1 GDP Growth Expected to Be Sluggish
0529 GMT - With all the Australian 1Q GDP partial data now released, economists are settling on their final forecasts ahead of the release of the national accounts data on Wednesday. Tom Kennedy, econ
Australia Shares Set to Rise at the Open -- Market Talk
2346 GMT - Australia's S&P/ASX 200 is set to rise at the open, following a mostly positive lead by U.S. equities. ASX futures are up by 0.5%, suggesting that the benchmark index could build on the mom
RBA Rate Cut in 2024 Virtually Off the Table, Says BlackRock
0715 GMT - Australia's high inflation problem seems likely to persist through this year, pushing thoughts of an interest-rate cut before 2025 "virtually out the door," says Craig Vardy, head of fixed
Australian Monthly Inflation Indicator Flashes Fresh Price Warning
By James Glynn SYDNEY--Consumer price pressures rose unexpectedly in April, sending a further warning to the Reserve Bank of Australia to remain vigilant, while affirming the central bank's decision
Australian Retail Sales Failed to Spring Back in April
By James Glynn SYDNEY--Australian retail sales remained weak in April, highlighting the plight of consumers in the face of elevated interest rates and rising costs, while signaling a sluggish economy
AU Evening Wrap: Australia Shares Slip Less Than 0.1%
Australia shares slip less than 0.1% lower at 7848.1, giving back early gains after hawkish interest-rate comments from neighboring New Zealand's central bank.
Australia Shares Slip 0.15% Amid Materials Weakness -- Market Talk
0629 GMT - Australia's S&P/ASX 200 closed 0.15% lower at 7851.7, missing the chance to set a record amid weakness in materials stocks.
RBA Elected Not to Fine Tune Rates at Policy Meeting
By James Glynn SYDNEY--The Reserve Bank of Australia has warned that risks around the inflation outlook have risen, while uncertainty around the economy's trajectory more broadly remains highly eleva
Australia Shares Rise 0.6% Amid Commodity Strength -- Market Talk
0616 GMT - Australia's S&P/ASX 200 closed 0.6% higher at 7863.7, edging closer to a record amid strength in commodity stocks.
AU Morning Wrap: ASX Lifts as Miners Rally; BHP Climbs, Star Halts Trading
ASX lifts as miners rally; BHP climbs, Star halts trading. Stocks to watch: Elders, Star Entertainment, Nuix, PointsBet.
Australia Jobs Report Flashes Signs of Weakness
0614 GMT - Australia's latest labor force report shows numerous signs of weakness, Nomura research analysts say, expecting more softness ahead. While job growth over the past three months is running 2
UBS Comments on Australia's "Stimulative" Budget
Australia delivered a second straight year of fiscal surplus in its latest budget which includes various tax rebates, student debt reduction, and rent and energy assistance to help with the cost of li
ASX 200 Rockets Higher on Thursday as S&P 500 Smashes Record Highs
The new record-breaking run on the S&P 500 (INDEXSP: .INX) overnight is helping fuel another big day on the S&P/ASX 200 Index (ASX: XJO).
Australian Wages Show Signs of Peaking
By James Glynn SYDNEY--Australian wages grew less than expected in the first quarter, adding to expectations that wage demand is peaking, supporting a gradual moderation of inflation pressures over t
ANZ Comments on The 2024-25 Federal Budget in Australia
After a surplus of A$9.3 billion in 2023-24, Australia's federal Budget returns to deficit and remains there over the forecast horizon out to 2027-28, said ANZ Bank. The Australian Department of the T
What Investors Should Know About the Federal Budget
Treasurer Jim Chalmers will unveil the budget on Tuesday and there's plenty we already know.
Australian Budget Comes at Precarious Time for Economy
0036 GMT - Australian Treasurer Jim Chalmers delivers the government's 2024-2025 budget on Tuesday against a precarious backdrop for the economy.
Australia's Budget Is Expected to Target Housing Crisis as Prices Keep Climbing
Australian home prices are set to keep climbing as the housing supply shortage is compounded by record migration and limited capacity to deliver new builds. "Affordability is currently at the worst levels on record in Australia from a mortgage serviceability perspective," said Eliza Owen, head of research at CoreLogic Australia. Treasurer Jim Chalmers is set to deliver the budget on Tuesday, which is expected to focus on addressing the nation's housing crisis.
AU Morning Wrap: ASX 200 to Rise, Life360 Release Earnings
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