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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
G'day, mooers! Check out the latest news on today's stock market!
AU Evening Wrap: ASX 200 Lower as Consumer Stocks Dumped and CBA Disappoints
Australia's S&P/ASX 200 closed 1.1% lower at 7721.6, snapping a five-session run of gains amid weakness in shares of banks and consumer-facing companies.
Australian Shares Fall Amid Big Losses in Retailers, Banks
Australian shares were down on Thursday amid big losses in consumer discretionary and the heavily-weighted financials.
Federal Budget Roadshow Hits Full Gas in Melbourne
MindOverMatter : Dame that's a lot of buy the dip votes
SpyderCallOP MindOverMatter: I see that. Has me worried.
Mike Obama : cash is king
SpyderCallOP Mike Obama: It looks like that old proverb, "Cash is trash," is not valid during a global inflationary environment.
SpyderCallOP MindOverMatter: It could be because I tagged AMC. Those guys love buying dips.
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