The Latest Breaking News from Tapas Strickland

Shares flat ahead of interest rate call as oil jumps

The local exchange has handed back most of its early gains ahead of a key Reserve Bank decision, as high oil prices and inflation shroud the earnings outlook.

AAP · Sep 28

Shares waver as interest rate fears loom over markets

Upswings in financials and energy stocks have helped offset a mostly weak session for local stocks, as market headwinds continue to pummel investor confidence.

AAP · Sep 21

Australia faces higher public debt costs after new peak

Governments around the world will have to pay more to borrow money to fund their public debt, partly due to competition for cash from AI hyperscalers.

AAP · Sep 18

Green shoots for economy as Australia snaps dire record

Australia has accelerated out of an economic slump after expanding by 1.3 per cent in 2024, leading to a rise in per capita growth - a proxy for prosperity.

AAP · Mar 4, 2025

RBA resists taking a punt on Melbourne Cup day rate cut

The Reserve Bank has not gambled on a Melbourne Cup rate reduction, with punters left to ponder whether borrowers will receive a windfall before Christmas.

AAP · Nov 4, 2024

Aust shares drop again as Reserve Bank talks rate hikes

The ASX200 fell 0.4 per cent after Reserve Bank minutes indicated that a central bank's August meeting would be "live," with a chance for a rate hike.

AAP · Jul 2, 2024

Feeble retail sales growth reflects stretched consumers

Consumers appear to be spending more cautiously in a sign the Reserve Bank's mission to reduce inflation is working as intended.

AAP · Sep 28, 2023

ASX falls as share rally fades, economists bake in RBA interest rate rise on Tuesday

The ASX extends losses into the close, as investors take stock following yesterday's Jerome Powell-inspired share market surge and ahead of next week's Reserve Bank meeting.

ABC News · Dec 1, 2022

ASX ends flat as big four banks lift interest rate forecasts, ECB moves rates higher

The ASX ends its trading week with a flat session, as investors digested the European Central Bank's first rate rise in more than a decade amid growing political uncertainty in Italy.

ABC News · Jul 21, 2022