CBA boss Matt Comyn warns of ‘downside risks’ as November rate hike hits borrowers, ASX follows US stock market fall — as it happened

CBA boss Matt Comyn warns of ‘downside risks’ as November rate hike hits borrowers, ASX follows US stock market fall — as it happened

I hate to be the bearer of bad news, but it doesn’t appear to be getting any easier to find a rental property. The research team at SQM have released their findings for January. They found national vacancy rates decreased to 1.1 per cent in January, from 1.3 per cent in December. Perth continues to … Read more

Live updates: Federal government to release new employment strategy, US government shutdown looms, ASX set for weak start after Wall Street weakness

Live updates: Federal government to release new employment strategy, US government shutdown looms, ASX set for weak start after Wall Street weakness

Good morning and welcome to Monday, September 25 — you’re reading the ABC’s markets and business blog. First up, let’s look back at how Wall Street finished up last week. The Dow Jones, S&P500 and Nasdaq were all lower, as the markets come to grips with the US Federal Reserve’s latest warning that inflation is … Read more

Yen breaks above 145/dlr level in choppy trading, dollar firm

Yen breaks above 145/dlr level in choppy trading, dollar firm

The yen was volatile on Monday after slipping to its lowest for the year against the dollar, breaching the key 145 level as traders warily looked for clues on possible intervention, while the dollar rose to touch a more than one month high. The Japanese yen weakened to as low as 145.22 per dollar in … Read more