News & Insights
Americans are feeling inflation’s pinch into the holiday weekend. Here’s where prices are rising the most
25 May 2026
U.S. consumers will shell out more for everything from fuel to hot dogs and hamburgers heading into Memorial Day weekend as the Iran War reignites inflation. Total inflation for shoppers rose 3.8% in April from the same month a year ago,…
Read moreMichelle Jablko and the problem of what comes next for Transurban
25 May 2026
For Michelle Jablko, the former investment banker and ANZ finance boss who took the reins of toll road giant Transurban two years ago, the next 12 months could be make or break as investors demand…
Read moreASX to drop, $A plunges as Fed signals rate pause near
Australian shares are set to fall in line with losses on Wall Street after Federal Reserve policymakers projected that the pace of rate cuts will slow significantly in 2025, and inflation has yet to be…
Why Australians should ditch Europe this Christmas
Australians craving a white Christmas will get more bang for their buck in Canada and Japan than in the US or Europe this year after the Aussie dollar outperformed the Canadian dollar and yen, leaving…
Fed meeting recap: Powell says central bank to be ‘cautious’ on rate cuts, rocking market
The Federal Reserve cut interest rates by a quarter point on Wednesday, bringing the target range to 4.25% to 4.5%. The central bank revised its outlook for rate cuts in 2025, however, indicating that there…
Capital gains benefit spikes to $22.7b as property investors sell out
Treasury is forecasting a spike in people claiming investment tax breaks this financial year as experts said higher interest rates and more onerous costs on landlords imposed by some state governments were pushing investors to…
Investors are so confident in stocks, they have a record low allocation to the safety of cash
Points A closely watched survey of global fund managers registered its lowest cash allocation on record this month, underscoring a bullishness on stocks as the equity market nears the end of a strong year. The…
ASX to slip, Aussie dollar drops to new low; Insignia scraps Bain bid
The Australian dollar dropped overnight to its lowest level this year, continuing a downward trajectory as a gloomy outlook for commodity exports weighs on domestic shares. The Aussie dropped 0.6 per cent overnight to 63.35…
ASIC slams insurers for gaping holes in complaints systems
The country’s largest insurance companies will be forced to invest more on staff and technology systems after the corporate regulator identified widespread problems dealing with angry customers. Insurers had failed to identify one in every…
Dow tumbles more than 260 points for 9-day losing streak, its longest since 1978: Live updates
The Dow Jones Industrial Average entered the history books Tuesday with its first nine-day losing streak since 1978. The 30-stock average slid 267.58 points, or 0.61%, to settle at 43,449.90. The S&P 500 lost 0.39% and closed at 6,050.61,…
Nvidia falls into correction territory, down more than 10% from its record close
Nvidia shares slumped on Monday, putting the AI chip darling officially in correction territory even as the rest of the Nasdaq Composite rose to a record. The chipmaker and de facto artificial intelligence trade has rallied…
What economists think about the RBA’s board shake-up
The Reserve Bank of Australia’s two newly appointed board members have had a mixed reaction from economists amid uncertainty as to how the changes will shape the future direction of interest rates. Australian National University…