Australian shares have resumed their downward slide after the White House confirmed raising tariffs on China to 145 per cent, fuelling global recession fears. In early trading the S&P/ASX200 was down 172.2 points, or 2.26 per cent, to 7,537.4, as the broader All Ordinaries fell 171.5 points, or 2.17 per cent, to 7,742.4. The slip […]
Australia’s share market decoupled from Wall Street on Friday to record a rare daily gain but still could not avoid another weekly loss as tariff fears
PM presses Trump on AUKUS pactAnthony Albanese has used a congratulatory phone call to Donald Trump to impress upon the president-elect the importance of the US-Australian alliance to regional securit
There will be no letup in the political attacks against it but the share market has finally conceded that the Reserve Bank was absolutely right not to cut