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ASX favourites took a hit on minimum wage hike news
Two retail darlings (one current, one former), JB Hi-Fi and Dominos copped it on the market following yesterday’s Fair Work decision.
Markets
Minimum wage set for July 1 hike: who benefits, and is it even enough?
Even after the minimum wage rises by 4.75% in July, low-paid employees still won’t earn as much in real terms as they did five years…
Markets
National values flatline in May as housing markets face stronger headwinds
Cotality's national Home Value Index was flat in May, with the housing cycle continuing to weaken across most markets.
Markets
Two big RBA speeches this week to signal the next chapter for Australia’s markets
Two scheduled appearances by Reserve Bank Governor Michele Bullock and the Deputy Governor this week are set to give the market a preview of the…
Markets
Your investor calendar: what to watch on the markets this week
This week, investors are watching a packed run of Australian data for fresh clues on how the economy is holding up after three rate rises.
Markets
More than just oil: all the exports being choked by the Iran war
Iran’s role in the global economy is not merely centred on oil. The war is choking trade in a range of Iranian exports that underpin…
Markets
What does this week’s inflation data mean for rates, the market and your hip pocket?
Inflation actually fell in Australia last month. However, the underlying picture was less reassuring.
Markets
Why are retail power prices finally falling?
Renewables and energy storage were pitched as a way to drive down power prices. But the hidden costs of the clean energy transition mean lower...
Markets
Australia is forcing China out of local rare earth mining projects
It’s been a significant month for Australia’s ambitions to become a critical minerals superpower, while balancing its relationships with China and the United States.
Markets
REA stock price drops almost 10%: is the Budget to blame?
The REA share price dropped more than four per cent on Friday, now down 10 per cent over the past month. Is the Budget to…