Trade surplus surges to $1.5 billion while housing approvals rebound

Trade surplus surges to $1.5 billion while housing approvals rebound

Updated May 03, 2018 14:07:09 Australia appears to have enjoyed a mini-economic boom in March with surprising bounces in both exports and building approvals. Key Points: Exports rise 1 per cent to a record $34.8 billion in March First quarter surplus $4b, a $5b turnaround from a soft Q4 in …

Wall Street: Nasdaq surges on Apple and technology stocks rally

Wall Street: Nasdaq surges on Apple and technology stocks rally

Posted May 02, 2018 07:48:32 Australian shares are expected to open flat or slightly higher, as Wall Street ended its day mixed. Markets at 7:10am (AEST): ASX SPI 200 futures +0.1pc, ASX 200 (Tuesday close) +0.5pc to 6,015. AUD: 74.88 US cents, 54.99 British pence, 62.44 Euro cents, 82.27 Japanese …

Wall Street slips on rising oil prices, McDonald’s surges 5.8pc over upbeat profits

Wall Street slips on rising oil prices, McDonald’s surges 5.8pc over upbeat profits

Posted May 01, 2018 07:44:33 Australian shares are headed for a weak start, after Wall Street fell over a spike in oil prices. Markets at 7:15am (AEST): ASX SPI 200 futures -0.3pc, ASX 200 (Monday close) +0.5pc to 5,983. AUD: 75.27 US cents, 54.65 British pence, 62.33 Euro cents, 82.26 …

Number of Australians who earned more than $1m a year yet paid no tax surges 30% | Australia news

Sixty-two Australians who earned more than $1m in the 2015-16 financial year paid no income tax. That represents a 30% increase from the previous financial year. New data from the Australian Tax Office, released on Friday afternoon, shows that despite a political focus on wage stagnation and income inequality in …

Queensland’s interstate migration surges amid solid jobs growth, Deloitte concludes

Queensland’s interstate migration surges amid solid jobs growth, Deloitte concludes

Posted April 23, 2018 14:58:16 Photo: The sun is rising on the Queensland economy, according to Deloitte’s latest quarterly outlook. (ABC Gold Coast: Damien Larkins) After years in the doldrums, Queensland’s economic tide has finally turned as more people flee high interstate property prices, the latest Deloitte Access Economics quarterly …

Dow Jones surges 429 points after China’s president calms trade-war fears

Dow Jones surges 429 points after China’s president calms trade-war fears

Updated April 11, 2018 09:26:05 Photo: Xi Jinping’s speech about opening up China’s economy drove global stock markets higher overnight. (Reuters: Nicolas Asfouri) Related Story: Trade war threats hosed down by Chinese President Xi Jinping Stock markets around the world have rallied after Chinese President Xi Jinping promised to reduce …

Federal Reserve lifts interest rates; Wall Street surges, then finishes lower

Federal Reserve lifts interest rates; Wall Street surges, then finishes lower

Updated March 22, 2018 07:58:58 Photo: Jerome Powell chairs his first meeting as the new Fed chief and raises US interest rates by 0.25 per cent. (Reuters: Joshua Roberts) Wall Street ended its day lower, after the Federal Reserve lifted US interest rates and forecast at least two more hikes …