Lower budget deficit to protect AAA rating
A likely improvement in the budget outlook should keep the rating agencies at bay, despite more spending for infrastructure.
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Jens Meyer
Jens is the markets and breaking news editor, based in Sydney.
Iron ore finds some respite after brutal week
The iron ore price plunged to its lowest since October but a late rebound in futures raised hopes the savage sell-off may have ended, for now.
Sell in May: Miners, banks lead the way
A hefty slide in commodity prices as well as an abrupt end to the banking rally dashed hopes the benchmark index might scale the elusive 6000-point mark anytime soon.
ASX sinks on metals meltdown
The local sharemarket fell for a third straight session after a plunge in Chinese iron ore futures drove miners lower.
Markets Live: Miners fall off a cliff
Steep losses in mining stocks following a collapse in the iron ore price weigh on the ASX, while the Aussie dollar is boosted by jobs numbers.
Markets Live: Telstra slumps on TPG move
Shares end marginally higher, as gains in the big banks offset a dive in Telstra shares, amid an overall cautious mood.
Markets Live: ASX rally finds more energy
Shares extend yesterday's rally, led up by the big banks and energy stocks, while BHP gives back some of yesterday's outsized jump.
Markets Live: BHP drives ASX to two-year high
The ASX tops 5900 points in broad-based gains led by BHP Billiton after a US hedge fund urges a restructure, while the Aussie dollar continues to fall.
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.
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.
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