Business News


Australian shares close flat
The Australian share market has closed flat, with the big supermarket owners weighing on sentiment as the earnings season winds up.
Share market edges higher
by AAP The share market is slightly higher with gains in the financial sector offsetting the impact of a falling iron ore price on more >
Big miners weigh on share market
by AAP The share market has ended a seven session winning run as a fall in iron ore prices weighed on the resources sector. The fall more >
Share market ends week at six-year high
by AAP The share market has posted a seventh straight session of gains, taking it to another new six-year high. CommSec market more >

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THE DAILY WORD with Peter Switzer

Housing bubble talk is bull dust
Housing bubble talk is bull dust, and if it wasn't, the RBA would be acting and not talking.
What's important – Hong Kong protests or a five-year bull market?
by Peter Switzer Protests in Hong Kong hit Wall Street at the opening, with the Dow down 178 points. In the end, however, it was more >
Pray that good bad news comes fast
by Peter Switzer This week could be a case where good news leads to bad news that should bring good news more quickly! What? At more >
Bad news shows up, Wall Street spits the dummy
by Peter Switzer Volatility is back with the Dow down over 200 points and it means the index has had triple digit moves four days more >
Will the Aussie stock market pass or fail today?
by Peter Switzer Today is our stock market’s big test, with the Dow up 154 points (or 0.9 per cent) breaking a losing more >
Dow down! Should I worry?
by Peter Switzer Every morning journalists, economists, market experts and investors have to come up with some reasons why the Dow, more >
Stocks sliding now but fear October!
by Peter Switzer Our stock market has been on a slide in September and the main reason is that the greenback is going up. As more >
The Alibaba story says: don't give up on stocks!
Well, the week that could have been a shocker for stocks – with Scotland, the Fed, and the European Central Bank (ECB) all more >
Fight fear and stick with the banks
For anyone worrying about our stock market that lost about 2% this week, well, simply blame it on the dollar. Whatever you do, more >
Yellen chickens out and Aussie mortgage holders should cheer
Well, the most powerful woman in the world chickened out. She squibbed it. She panicked in the face of the pathetic traders on more >
Two little words move stock markets
One day when the Yanks can’t escape from the conclusion that the punchbowl (that’s QE3 and interest rates near zero) will more >
Down, down, the dollar heads down
by Peter Switzer Down, down the dollar is down and it will be a boon to the economy and, eventually, the stock market. However, more >
Be a braveheart this week and don't worry
by Peter Switzer This is a crazy week where stock and foreign currency markets could really do something strange. And you won't more >
121,000 jobs created and the media ignores them! Why?
by Peter Switzer What if we created 121,037 jobs and the media either ignored this number or simply didn’t trust it? Well, more >
Warning: the media is hurting the economy!
by Peter Switzer Forget the housing bubble bull dust being spread by mates in the media — and I do mean my mates! These more >
Dates, data, Dow down, dollar down, doh!
by Peter Switzer When I got up this morning, the dollar was under 92 US cents and I thought, careful what you wish for! That more >
Unfair Jimbo and being right
by Peter Switzer Wall Street has done little — and there’s a story in that too. Today, however, I want to answer more >
A week that could hurt, or help, your hip pocket
by Peter Switzer Every economic week counts now as we try to anticipate the overdue correction of the stock market, or the next more >
Europe’s Dirty Harry pulls it out!
At last, the European Central Bank’s Dirty Harry, Mario Draghi, has pulled his finger out, or maybe I should say his bazooka, more >
Is the economy in trouble or not?
by Peter Switzer If you read headlines in newspapers, you might worry that our economy is in trouble, but if you read all of more >
Cry about super but not the mining tax
by Peter Switzer      So the mining tax that only raised a few hundred thousand dollars last quarter is going to more >
Why frequent flyer businesses are so valuable
by Peter Switzer With Wall Street on a public holiday, let me look at an issue that perplexes many people — why are more >
Testing market positivity starts this week
by Peter Switzer Despite Russian threats to Ukraine sovereignty and Middle East concerns, the strength of the US economy has more >
Not even this market could ignore “Russia invades” headlines
by Peter Switzer Not even this very optimistic, programmed for positivity stock market on Wall Street, which leads the world, more >
Why Keating hits below the belt
by Peter Switzer Two developments have pushed me to buy into Paul Keating’s characteristic hitting below the belt in more >
Team Abbott to lift for Team Australia
by Peter Switzer Apparently the Abbott Government team was called together on the weekend in Canberra and virtually told it was more >
Today you should get richer!
by Peter Switzer Stand by for another day when you get richer via your super funds, with the stock market bound to take the more >
Putin’s McDonald’s stance positive
by Peter Switzer Jackson Hole has come and gone and Federal Reserve boss Janet Yellen didn’t set markets on fire in more >
Hang on – is this a market melt-up?
by Peter Switzer Most normal people have heard of a market meltdown — we saw that in 2008 after Lehman Brothers was allowed more >
Tell me something I don’t know
by Peter Switzer Nothing really significant is happening that has grabbed me but there’s a whole pile of interesting more >

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