Deposit, salary stymie Aussie millennials' home ownership dreams
Just 28 per cent of Australian millennials own a home, only marginally higher than their peers in the United Arab Emirates, a survey has found.
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Jens Meyer
Jens is the markets and breaking news editor, based in Sydney.
ASX gains as miners trump banks
Shares advanced after solid gains across mining and energy stocks helped the ASX overcome selling in the big banks.
Banks lift ASX to a new high
The local sharemarket extended Tuesday's strong gains to hit another near two-year high, with banks once again at the vanguard of the rally.
Markets Live: ASX tops 5800 as CBA soars
The ASX hits a fresh 2017 closing high thanks to a surprisingly strong performance of the big banks.
Reality check for reflation trade as gloss wears off Trump
Cyclicals were heralded as the stocks to hold in 2017, but despite a disappointing underperformance in the first quarter it's too early to write them off.
Is big money eyeing an equities exit?
A record number of global fund managers reckon that stocks are overvalued, according to Bank of America Merrill Lynch's monthly survey.
Mining recovery reaches the coalface
The commodities mini-boom moves beyond share prices and macro data and is starting to be felt at ground level, NAB says.
Markets Live: Harvey Norman shares slide
Shares dip led down by Harvey Norman's biggest slide in more than five years, while the Aussie dollar nudges higher.
Bulls rejoice as miners drive ASX higher
The sharemarket nudged close to 2017 highs in a week marked by a rebound in mining stocks and an equities-friendly Fed decision.
Mining surge offsets fall in banks to lift ASX
Central bank policy dominated sharemarket trade: while a Fed hike was initially greeted with strong gains, a surprise follow-up move by China dampened the mood.
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