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REVEALED: 3 | Vintage Vibes

Aussie shares edge higher, snapping two-week win streak

The ASX200 finished less than a 10th of a percentage point higher, with Tuesday's big loss putting it in the red for both the week and the month.

AAP

Spring brings brighter outlook as rate hike fears fade

As signs of improving consumer and business confidence emerge, economists are speculating the Reserve Bank might be shifting its thinking on interest rates.

AAP

Retail sales to show economy continues to sputter along

The Australian economy should show further signs of modest growth in upcoming retail trade figures but investors will be more interested in US jobs data.

AAP

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Commonwealth Bank still predicts interest rate cut in 2024 as RBA defends keeping cash rate on hold

Reserve Bank’s chief economist says it is ‘difficult’ to hear the stories of those who ‘are struggling’

The Guardian - AU

Aussie market sell off 'merely a blip'

The ASX200's 5.8 per cent plunge over Friday and Monday was uncomfortable, but pullbacks are the price of investing in the stock market, experts say.

AAP

Australian dollar set to rise into 2025, experts say

With the US Federal Reserve now seen as likely to aggressively cut interest rates in 2024, the Australian dollar could reach 70 US cents.

AAP

Tax cuts, rates chatter to play into consumer sentiment

Consumer and business confidence surveys are due out this week and are likely to show ongoing weakness to reflect a waning economy.

AAP

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'Whole series of data' before next rates call: RBA

The Reserve Bank's outlook on inflation is little changed and more data is needed to build a fuller picture of the economy, the deputy governor says.

AAP

'Painful squeeze': inflation spike renews heat on rates

Surprisingly strong inflation has resurrected the possibility of another interest rate hike in an unsettling development for squeezed borrowers.

AAP

Armaguard seeks new talks after $26m deal rejected

Armaguard is still keen to negotiate a cash injection from some of the nation's biggest banks and retailers after rejecting a $26 million deal.

AAP

Thrifty December cures sales-fuelled debt hangover

Many shoppers racked up credit card bills during the November sales but the damage could have been worse given acute financial pressures.

AAP

Unemployment to stay low despite drop in job vacancies

Job vacancies for the November quarter remained high despite a drop of 0.7 per cent, with unemployment tipped to stay low amid global economic pressures.

AAP

Cost overruns threaten to define Jacinta Allan’s premiership as Victoria’s ‘big build’ faces huge budget blowouts

State’s infrastructure spending under scrutiny as some analysts say government is fuelling construction market price rises

The Guardian - AU

Australian shares gain ahead of crucial US jobs report

The ASX200 rose 0.4 per cent on Friday to finish the week down 1.2 per cent, before a non-farm payrolls report in the United States.

AAP

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AAP

Housing recovery entrenched but pace of growth eases

Home values continue to rise but growth has slowed amid more advertisements for stock and the toll of higher interest rates and cost of living pressures.

AAP

September share losses worst monthly hit for a year

The local share market has finished the day 0.3 per cent higher but ended September down 3.5 per cent in its worst month since September 2022.

The Guardian - AU

NSW budget: Labor points to ‘decade of neglect’ but lack of housing showstopper may leave voters underwhelmed

NSW treasurer Daniel Mookhey points to ‘largest debt any incoming state government has ever inherited’ as he hands down party’s first budget in more than a decade

AAP

Petrol price surge further stretches household budgets

Motorists have been hit in the hip pocket by petrol price rises and the latest spike may put a dent in the Reserve Bank's fight against inflation.

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AAP

New RBA governor to send the right message on rate talk

A leading economist says the Reserve Bank's new governor brings monetary policy credibility while the treasurer praises her leadership and communication skills.

AAP

PM stresses importance of resolving US debt ceiling

Prime Minister Anthony Albanese has warned of the ramifications of a failure to lift the US debt ceiling as political leaders inch closer to a last-minute deal.

The New Daily

Construction crisis and more migration behind rising house prices

Australian house prices are expected to continue rising, with soaring construction costs shelving new stock and pressuring the market.

Daily Mirror

Girl, 12, shot in head and killed a few miles from where dad was brutally gunned down

Se'Cret Pierce was hit in the head by a stray bullet on April 20 while sat in a parked car in Hartford, Connecticut - just over 10 years after her father, Shane Oliver, was shot in the back just several miles away

The Independent UK

Gunfire took their son at 20. Now it takes his daughter, 12

A Connecticut family is reeling from its latest ordeal because of gun violence

AAP

Inflation data to set the scene for next cash rate call

There will be a lot riding on the quarterly inflation figures as the Reserve Bank board tries to determine if it's done enough to rein in rising prices.

ABC News

Furniture companies collapse under crunch 'identical' to construction sector, leaving customers thousands of dollars out of pocket

The peak body for the furnishing industry says it's facing similar pressures to the ailing construction sector, with supply delays, rising costs and staff shortages.

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