Protesters Disrupt Treasurer as He Warns of Economic Pressures Ahead of Budget
With just a week until the federal budget is unveiled, Australian Treasurer Jim Chalmers has warned that economic challenges—including the impact of Ex-Tropical Cyclone Alfred and Donald Trump’s proposed tariffs—could strain Australia’s financial outlook. During a speech outlining economic risks,…
Miners Propel ASX Higher After Fed’s Bold Rate Cut
The Australian sharemarket showed positive momentum at midday following a significant interest rate cut by the Federal Reserve, aimed at invigorating the U.S. economy and averting a recession. The S&P/ASX 200 reached an early peak of 8,186.9 before settling at…