Flashing red Market in $50bn Brexit rout

Market in $50bn Brexit rout

UPDATE: The Aussie stockmarket has suffered a $50bn rout in a day of dramatic volatility after Britain voted to quit the European Union.

McCrann’s week Behind the Brexit carnage

Behind the Brexit carnage

IT IS a very small tremor in real terms, yet bodies are littering the landscape in the wake of the Brexit vote, says Terry McCrann.

Market hit Stocks cop $30bn hit on Brexit fears

Stocks cop $30bn hit on Brexit fears

THE Aussie stockmarket has tumbled to a seven-week low, suffering a $30 billion hit amid worries about the coming “Brexit” vote in Britain.

Property Negative gearing changes may not hurt

Negative gearing changes may not hurt

LABOR’S plan to limit negative gearing will not damage the housing market, at least in the short term, a senior banking executive says.

The economy Governor Philip to be RBA chief

Governor Philip to be RBA chief

VETERAN central banker Philip Lowe will be tasked with guiding Australia’s economy through intense headwinds after being confirmed as the next governor of the Reserve Bank.

Westpac sceptical on Melbourne University research

Westpac sceptical on Melbourne University research
WESTPAC has taken aim at a study published each month by a University of Melbourne research institute, saying it is likely to be inaccurate.

Inflation sinks, Aussie follows

Inflation sinks, Aussie follows
Inflation has slipped at the start of the year, sending the Australian dollar tumbling and widening the door for another interest rate cut next week.

Post-election rate hikes tipped

Post-election rate hikes tipped
THE big banks will wait until the federal election is over then hit home loan customers with fresh interest rate hikes, industry experts believe.

Why we’re on the warpath to ruin

Why we’re on the warpath to ruin
COMMENT: AUSTRALIA has plunged headlong into a new trade war — and it will have devastating consequences, writes Peter Taylor.

Reserve on alert as jobless opt out

Reserve on alert as jobless opt out
MOMENTUM in the labour force has stalled, with Australia creating just 300 new jobs last month as fewer people ­actively sought work.

Aussie jumps on shock NZ rate cut

Aussie jumps on shock NZ rate cut
The Australian dollar is stronger against the kiwi after New Zealand’s central bank delivered a shock interest rate cut.

Jobs market off on the wrong foot

Jobs market off on the wrong foot
The workforce has started the year on a sour note, with the unemployment rate marching back to 6 per cent after more than 40,000 full-time jobs were lost.

We’re in box seat but headwinds howl for Budget, Deloitte warns

We’re in box seat but headwinds howl for Budget, Deloitte warns
AUSTRALIA is swimming against the global economic tide, keeping its head above water despite destabilising external impacts, a leading economic forecaster says.

Grim reality facing Oliver Curtis

Grim reality facing Oliver Curtis
A FAR CRY from the luxury pad he rented with part of $1.4m of illicit gains, Roxy Jacenko’s insider trader husband is settling in for his first night in Silverwater jail.

Brexit’s impact on Aussie travellers

Brexit’s impact on Aussie travellers
THE decision by Britain to leave the European Union will have significant implications for Aussie travellers. If you’re planning a UK trip, here is what you need to know.

Brexit wipes $70b from market

Brexit wipes $70b from market
BRITAIN’S exit from the European Union has sent shock waves through the Australian share market, wiping $70 billion from the ASX.

Roxy’s tears for Curtis

Roxy’s tears for Curtis
BEFORE Oliver Curtis was led away to begin his jail term he kissed wife Roxy Jacenko and gave her his wedding ring and a $50 note.

Finance news you need to know today

Finance news you need to know today
VOLKSWAGEN has agreed to take a series of steps costing about $13.6 billion to settle claims from its unprecedented emissions cheating scandal.

Australian market set to open higher

Australian market set to open higher
THE Australian share market looks set to open higher, after US and European stocks rose on hopes Britons have voted to remain part of the EU.

Dollar high on Bremain confidence

Dollar high on Bremain confidence
THE Australian dollar has soared to a two-month high with odds that Britain will vote to stay in the European Union increasing.