Asian stock markets are trading mixed on Thursday, following the mixed cues from Wall Street overnight, as data showing a bigger than expected increase in U.S. consumer price inflation raised speculation the US Fed will leave interest rates on hold for a prolonged period.
Chalmers rules out big spendingTreasurer Jim Chalmers says there will be no cost of living “free-for-all” in the lead-up to the federal election, promising that responsible economic, management would
Government leads race in wage growthPublic sector wage growth is set to outstrip private sector salary increases for the first time in three years, putting pressure on governments to curb spending tha
The ASX200 was slightly up by around 0.1% in early afternoon trade. Data released today shows wages rose at their slowest pace in a year in the June quarter.
What a difference a day makes with the Australian share market hitting a record high on Thursday followed by the worst fall in 16 months on Friday. Once
The Australian share market has finished lower as traders digested weaker-than-expected domestic retail trade figures showing that consumers continue to be cautious with their spending.
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The benchmark S&P/ASX 200 (INDEXASX: XJO) index added 36.3 points, or 0.5 per cent, to 7,235.3 points at the close. The broader All Ordinaries (INDEXASX: XAO) rose 36.2 points, or 0.5 per cent, to 7,446.4.