The chief of one of Australia’s big 4 banks has warned there is a “chance” of a recession amid ongoing tensions in the Middle East and inflationary headaches at home.
Blake Antrobus
More than 50 fuel ships are en route to Australia as thousands celebrate Easter, but the government warns longer-term “risks” remain.
Nathan Schmidt
Australians are facing a record financial hit from holiday surcharges at cafes and restaurants, as penalty rates force some businesses to pass on the extra costs.
Cameron Micallef
For the week, the S&P 500 gained 3.36 per cent, the Nasdaq rose 4.44 per cent, and the Dow climbed 2.96 per cent.
Sabrina Valle and Twesha Dikshit
Trump’s threat to bomb Iran “back to the Stone Age” plunged the Australian sharemarket on another poor day of trading.
A final report on exchange operator ASX has noted its defensive culture and favouring of shareholder returns over resilient technology platforms for investors.
Derek Rose
Economists predict Australia’s economy could suffer its worst quarterly fall since the 1990s outside of the Covid pandemic.
Cameron Micallef and Joseph Olbrycht-Palmer
Australia's share market has dipped ahead of the long weekend after hopes of a timely end to the Iran conflict crumbled under US threats to escalate attacks.
Adrian Black
The US President disappointed investors hoping for a quick resolution to the conflict now in its fifth week.
Tom Richardson
Wall Street has rallied for two straight days as investors speculated that the US and Israeli war on Iran will end soon.
Noel Randewich and Purvi Agarwal
The ASX 200 has climbed 190 points in its strongest rally since last year after Donald Trump signals US withdrawal from the Iran conflict within weeks.
Signals from Donald Trump that he could be prepared to end hostilities with Iran even without concessions to reopen a crucial Middle East oil gateway have brought investors back to the Aussie stock market.
Daniel Newell
The new investment lifts taxpayer support for the critical minerals play and its flagship Northern Territory project past $1.2 billion.
Sean Smith
Hopes of de-escalation in the Middle East war have reinvigorated investor sentiment and boosted markets, but details from the US administration have been scant.
Jim Chalmers has now banned the Chinese-linked shareholders from voting their shares at the rare earth play’s next annual meeting.
Australian states and territories have to “follow through” on their commitment to deliver cost-of-living relief, Treasurer Jim Chalmers has warned.
Mining services contractor Perenti has poached a key South32 executive to be its new boss.
Adrian Rauso
US President Donald Trump’s latest announcement sparked a massive ASX rally, as traders bet the oil crisis nightmare could be over.
Vessel services operator Bhagwan Marine has tied the knot on an acquisition of privately-owned Riverside Marine - in a deal potentially worth up to $130m.
Simone Grogan
US stocks have closed higher amid investor hopes that the conflict in the Middle East could wind down.
Australian shares have suffered their biggest monthly fall in four years, as the Reserve Bank opens the door to further rate rises.
The S&P-ASX200 index was trading as much as 0.6 per cent lower before changing course on Mr Trump’s reported comments that he could stop bombing Iran even if the Strait of Hormuz is not fully reopened.
Markets are ending a tumultuous month dominated by the Iran war with oil on track for a record gain and European shares rising on hopes of de-escalation.
Elizabeth Howcroft
Taco Bell is set to remain in Australia under a new owner after Collins Foods struck a deal with the Mexican-themed food chain’s US parent Yum Brands and its local partner to sell 20 stores.
Cheyanne Enciso
