US could feel ‘pain’ in China, Mexico trade war: Trump
US President Donald Trump has defended his decision to impose sweeping tariffs on products from Mexico, China and Canada as financial markets react.
US President Donald Trump has defended his decision to impose sweeping tariffs on products from Mexico, China and Canada as financial markets react.
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Australians are expected to have pulled back on retail spending after major sales, with the latest data unlikely to shift the dial for the Reserve Bank.
Canada and Mexico have swiftly retaliated after Donald Trump imposed stiff tariffs on his neighbours' imports to the US, amid fears of a widespread trade war.
Asked if there is any opportunity for the three top US trading partners to win a delay, on his tariffs, Donald Trump says: "No, no. Not right now, no."
The ASX200 has risen almost half a per cent to finish at its highest-ever level and end January up 4.6 per cent from where it started.
The US central bank has left its benchmark interest rate unchanged after cutting it three times in a row last year.
Rising unaffordability and changing lifestyles are driving an unusual turnaround in real estate dynamics as unit prices grow faster than houses in some areas.
Emissions fell to record lows in the three months to December as renewables notched a record share and coal's contribution dipped below half for the first time.
With the stars aligned for a February interest rate cut, borrowers are now concerned with how many cuts the Reserve Bank will hand down.
More than 250 outlets of two leading retail chains will close, costing nearly 1000 jobs, after receivers failed to find a buyer for the stores.
Chinese startup DeepSeek is making waves after launching a free AI assistant it says uses less data at a fraction of the cost of incumbent firms' models.
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Treasurer Jim Chalmers remains confident 2025 will be better economically for Australians after struggles with the cost of living.
Mortgage relief could be just around the corner if predictions of a faster-than-expected fall in price growth are borne out in ABS data released on Wednesday.
Corporations and regulators are struggling to adapt to modern business conditions and regular Australians are suffering as a result, says ASIC boss Joe Longo.
US President Donald Trump has presented tariffs as a kind of silver bullet against China during an interview on Fox News.
A state will be in the red for some years as its government flags swelling infrastructure costs, as the opposition warns of the risk of potential spending cuts.
The EU is taking a "wait and see" approach to relations with the newly inaugurated US President Donald Trump in an attempt to avoid a trade conflict.
High costs, labour shortages and low productivity are limiting the sector's ability to build new homes as construction activity remains below required levels.
As Australian parents deal with the ballooning cost of school supplies amid other cost-of-living pressures, a minor party is promising relief.
A day after taking office, US President Donald Trump has reiterated tariff threats without immediately imposing the taxes he threatened during his campaign.
The cost of building a home continues to rise, making it harder for builders to meet supply targets and alleviate housing affordability.
Australia's aluminium industry is set to share in billions of dollars of tax credits to help emissions-intensive smelters convert to cleaner sources of energy.
Shares are down seven per cent at Star after the embattled casino company warned of "material uncertainty" about its ability to continue.
A TikTok ban imposed on 170 million American users has taken effect as app stores pull the popular social video platform from their offerings in the US.
Fault lines are widening between economic performance of nations and a global body warns Australia risks being left behind if it fails to improve productivity.
The strength of Australia's labour market has kept the Reserve Bank from cutting interest rates but growing evidence suggests it's not as crucial as thought.
A major pullback in house price rises has not stopped the market from extending its growth streak to eight consecutive quarters.
A very healthy jobs market is not adding to the case for a February interest rate cut, with all eyes turning to inflation data due in coming weeks.
A decline in spending on household goods has bolstered hopes of an RBA rate cut, which would help boost dour consumer sentiment.
Affordability pressures and rising vacancy rates are keeping a lid on rental growth after years of surging prices.
Easing inflation is increasing the likelihood of a near-term rate cut, which would provide a welcome boost to consumer sentiment in 2025.