Finance

Finance · 3 days ago

Seven Sydney households reveal their 2026 weekly shop amid soaring inflation and rate hikes

Vera Chen, Sydney desk

In 2026, seven Sydney households shared the contents of their weekly grocery runs, highlighting how persistent high inflation and interest‑rate hikes have turned everyday shopping into a tight‑rope act for ordinary f…

Finance · 3 days ago

AI rally nudges ASX toward gains, Wall Street steadies

Vera Chen, Sydney desk

After a two‑day dip, AI shares have clawed back some losses, prompting the Australian Securities Exchange to look for gains while New York markets settle into a steadier rhythm.

Finance · 5 days ago

Wall Street’s Wipeout Leaves NZ Stocks Standing Tall While Aussie Markets Keep Their Cool

Vera Chen, Sydney desk

When Wall Street sold off, New Zealand’s shares held firm, Australia’s market stayed upbeat, and Japan and South Korea lagged behind.

Finance · 5 days ago

Australian shares tumble as tech bros vanish, leaving market participants clutching red‑inked charts

Vera Chen, Sydney desk

A US tech sell‑off sent shockwaves through the Australian exchange, with almost every sector sliding as market participants collectively fled the tech‑heavy headlines.

Finance · 5 days ago

Shallow but Sweet: Aussie Mines Strike Gold in the Wrong Depth

Vera Chen, Sydney desk

Three Australian miners reported shallow gold and copper intercepts this week, prompting market participants to joke about the depth while debating the significance of the finds.

Finance · 6 days ago

Spending Cuts: A Price‑Cutter or a Pandora’s Box?

Vera Chen, Sydney desk

A new fiscal tightening may curb inflation, but market watchers warn it could backfire, with the Reserve Bank and government sharing blame.

Finance · 6 days ago

RBA Deputy Governor Warns Trust in Central Bank Is Under Strain

Vera Chen, Sydney desk

The Reserve Bank of Australia’s deputy governor cautioned that confidence in the institution is waning at a time when it is most needed, highlighting the fragility of market sentiment.

Finance · 6 days ago

Myer Shares Surge as David Jones Collapse Hands a Billionaire a Winning Hand

Vera Chen, Sydney desk

The collapse of department store David Jones sent investors flocking to rival Myer, boosting its share price and giving an unnamed billionaire a tidy windfall.

Finance · 4 November 2026

Banks Follow RBA’s Fifth Rate Hike, Wallets Brace for Another Round

Vera Chen, Sydney desk

After the Reserve Bank of Australia raised the cash rate for the fifth time this year, major Australian banks announced matching rate increases, prompting borrowers and savers to adjust their expectations.