US stocks snapped a three-day losing streak as big technology names rose and steadier oil prices and bond yields gave Wall Street a break from recent pressure.
Australia’s economy grew 0.4% in the June quarter and 2.1% over the year, with household spending remaining subdued and the Middle East conflict influencing travel and fuel consumption.
Wall Street fell for a third straight day as fresh US strikes on Iran lifted oil prices, deepened the bond market sell-off and added to inflation worries.
House prices fell across almost 95% of Australian suburbs in August, creating more opportunities for buyers as the national housing downturn continued.
Australia’s housing downturn has spread beyond Sydney and Melbourne, prompting CommBank economists to revise their forecasts towards a deeper correction.
For most Australian businesses, this is business as usual. But those who still surcharge, this change means meeting the ...
Western Sydney’s new international airport is helping drive a major wave of industrial development, with CommBank estimating ...