The RBA's message is clear: Don't panic
The message from the Reserve Bank is clear. Don't panic about growth, inflation or employment.
The message from the Reserve Bank is clear. Don't panic about growth, inflation or employment.
Continued selling in the big banks spread to all other major sectors, just about wiping out the last of this year's gains.
Investors may have been justly lulled to sleep by a stream of steady economic data.
Investors have been quick to sell shares in the major banks because of a new $6.2 billion tax, and now Loftus Peak fund manager Alex Pollak say there's another reason to sell.
More records on Wall St weren't enough to provide support to the local sharemarket, with the ASX diving sharply thanks to more losses from banks and miners.
Yield-hungry investors have poured into Sydney Airport, Transurban and APA Group, pushing those companies and many other "bond-proxy" stocks...
Unlike Shanghai, which is dominated by traditional blue-chip companies, the Shenzhen market offers access to privately-owned companies in te...
Those spooked by elevated real estate prices should look to the underperformers of the recent past, such as Vicinity Centres, for more defen...
The US dollar fell as the latest jobs data offered a mix picture of the strength of the American labour market. $A +0.9%.
Shares bounced solidly higher on Friday, with strong sessions across most sectors helping the index recoup losses made earlier in the week.
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