Brit pop Market flat as Britain leans left

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THE Australian stockmarket has closed flat after it was confirmed Britain would have a hung parliament as voters lurched to the left.

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.

Plea to Malcolm and Bill: end the policy paralysis

Plea to Malcolm and Bill: end the policy paralysis
THE collective might of corporate Australia has urged Canberra to shake off the “policy paralysis” crippling productivity and prosperity.

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.

Finance news you need to know today

'Yowie Chocolate' sweets created by aust author Bryce Courtenay. confectionery sweet /Chocolate /Confectionery
YOWIE Group has again slashed its full-year revenue growth forecast despite exceeding expectations in its return to Australian supermarkets.

Oil price plunge hits dollar

Australian one dollar coin over blurred golden background.
THE Australian dollar has extended losses against its US counterpart, despite the greenback’s underperformance.

Aussie market’s worst day of 2017

Glenn Carell, Tommy Kalikas
THE Australian market looks set to open higher despite Wall Street’s Dow and S&P 500 closing lower, pulled down by another sharp fall in oil prices.

Finance news you need to know today

Hot Auction Queenscliff
HOME prices across Australia’s capital cities have risen an average of 10.2 per cent in the year to March 2017, driven by Sydney’s strong property market.

Amazon fears hit global markets

Dow Jumps Over 100 Points As Technology Shares See Continued Increase
THE Australian market looks set to open lower, following the trend of international markets with concern over Amazon.com’s plans.

Aussie dollar falls in lively session

Australian Coins
THE Australian dollar is sharply down against its US counterpart as the greenback lifts against most currencies.

Finance news you need to know today

Auction coverage - 79 Alfrieda St, St Albans
PROPERTY prices have ticked slightly higher across most of Australia’s capital cities, although the auction clearance rate has stayed below 70 per cent.

Wall Street hits fresh records highs

Dow Jumps Over 100 Points As Technology Shares See Continued Increase
THE Australian market looks set to open modestly higher following positive leads from Wall Street where two of its key indexes closed at fresh record highs.

Greenback surges on inflation talk

USA and Australian Dollar
THE Australian dollar is down sharply against the greenback, after calls that rising US wages would help revive inflation.

Finance news you need to know today

A Whole Foods Market purchase awaits placement in a car trunk, outside the Jackson, Miss., store Friday, June 16, 2017. Amazon is buying Whole Foods in a stunning move that gives it hundreds of stores across the U.S., a brand-new laboratory for radical retail experiments that could revolutionize the way people buy groceries. (AP Photo/Rogelio V. Solis)
THE grocery industry has been rocked by Amazon’s announcement that it will buy Whole Foods in a deal valued at about $18 billion.

Market to open modestly higher

Joseph Lawler
WALL Street closed mixed although little changed in its last session despite Amazon’s purchase of Whole Food upsetting the retail sector.