Finance warning House prices at risk of ‘sharp correction’

House prices at risk of ‘sharp correction’

THE white hot Melbourne property market has increased the risk of a “sharp correction” in house prices across Australia, a global ratings agency warns.

Credit relief Triple treat as Australia bypasses credit downgrade

Triple treat as Australia bypasses credit downgrade

AUSTRALIA has held onto its coveted triple-A credit rating from Standard & Poor’s — but the agency has again warned it may not last.

Commercial Property High street hooroo as tenants quit in droves

High street hooroo as tenants quit in droves

FLAT consumer spending and a lack of shopper convenience are forcing an increasing number of retailers to quit the high street.

Duel Britannia Aussie slumps as Britain heads to polls

Aussie slumps as Britain heads to polls

THE Australian dollar is spiralling towards a seven-month low against the pound after British Prime Minister Theresa May called a snap general election.

Regulator ready APRA: We’re just warming up

APRA: We’re just warming up

APRA chairman Wayne Byres says the banking regulator may take further steps in its efforts to ensure higher-than-normal cautiousness in residential mortgage lending.

Tick, tock goes the recession clock

Tick, tock goes the recession clock
THE clock is ticking down towards the next global recession, says Peter Taylor, and Australia should take notice. Here’s why.

Jobless shock as part-timers pounded

Jobless shock as part-timers pounded
AUSTRALIA’S unemployment rate has marched up to 5.9 per cent in February on the back of heavy losses among part-time jobs.

‘Time to think about free childcare’

‘Time to think about free childcare’
FREE childcare for single mums and dads could help breath new life into the Aussie workforce, according to a major new study.

Australia’s shock economic result

Australia’s shock economic result
THE Australian economy has had its doomsayers over the past 12 months, with fears we were heading into recession. But these figures tell a different story.

Finance news you need to know today

Finance news you need to know today
UNITS in Murray Goulburn’s listed trust are at a fresh all-time low as investors continue to digest the dairy processor’s vaguely worded announcement.

Investors wary ahead of UK poll

Investors wary ahead of UK poll
THE Australian share market looks set to open lower after oil prices slumped more than four per cent and iron ore prices dropped one per cent.

Aussie dollar creeps higher

Aussie dollar creeps higher
THE Australian dollar has crept a little higher against its US counterpart amid falls in oil and iron ore prices and ahead of several key events.

Qatar feud hits share markets

Qatar feud hits share markets
POLITICAL uncertainty with the spat between Qatar and its Gulf neighbours and Britain’s national election on Thursday has hit share markets.

Finance news you need to know today

Finance news you need to know today
BRITISH Foreign Secretary Boris Johnson sees no reason to cancel Donald Trump’s state visit to Britain for criticising London Mayor Sadiq Khan.

Wall Street closes in the red

Wall Street closes in the red
WALL Street’s three key indexes closed in the red after data showed that the US services sector activity had slowed in May as new orders tumbled.

Finance news you need to know today

Finance news you need to know today
PRICE gains of Toronto homes slowed slightly in May in the wake of new housing rules aimed at cooling the market in Canada’s largest city.

Finance news you need to know today

Finance news you need to know today
THERESA May’s government says income tax would not rise for high earners in an apparent new promise to voters less than a week before the UK election.

Wall Street reaches new records

Wall Street reaches new records
THE Australian market looks set to open modestly higher after Wall Street’s main three indexes again close at record highs.

Greenback hit by disappointing data

Greenback hit by disappointing data
THE Australian dollar has risen solidly and is comfortably back above 74 US cents after a disappointing US jobs report hurt the greenback.

Finance news you need to know today

Finance news you need to know today
US PRESIDENT Donald Trump has challenged Australia and other nations to come up with a better climate deal than the Paris accord.