BI AUS Markets

The latest market news from @BIAUS.

[BI AUS Markets @BIAUSMarkets]

BREAKING: The RBA has kept the official interest rate at 0.25%.

https://t.co/2kBMhdlIOr

[BI AUS Markets @BIAUSMarkets]

Afterpay has rolled out its latest defence against further regulation, claiming credit checks are "irrelevant".

https://t.co/XEUGzHoMVi

[BI AUS Markets @BIAUSMarkets]

Discounting on property prices has tripled in some capital cities as the Australian market turns.

https://t.co/rgalDzbb9j

[BI AUS Markets @BIAUSMarkets]

Rex has entered a trading pause as it's expected to formally announce plans to launch a new service competing directly with Qantas and Virgin Australia.

https://t.co/DPduPYr4we

[BI AUS Markets @BIAUSMarkets]

Starved of so many other recreational pursuits, Sydneysiders jumped at the chance to return to auctions over the weekend.

https://t.co/Cvsno7pAFM

[BI AUS Markets @BIAUSMarkets]

Retail spending records are falling left and right.

https://t.co/bcGYUKUcIg

[BI AUS Markets @BIAUSMarkets]

The RBA has decided to keep rates on hold at 0.25%.

[BI AUS Markets @BIAUSMarkets]

Nearly 200 Coles stores will begin opening an hour earlier at 6 am from Friday, while online shopping will be opened to all Australians.

https://t.co/DICLH2pBlI

[BI AUS Markets @BIAUSMarkets]

The monthly fall in jobs ads is five times deeper than the next biggest on record, set at the height of the GFC.

https://t.co/6JeFpbj8bV

[BI AUS Markets @BIAUSMarkets]

By the end of 2020, New Zealand’s economy could be 10.4% smaller, while Australia’s is expected to be 4.7% smaller,

https://t.co/zADFIByIxL

[BI AUS Markets @BIAUSMarkets]

New analysis shows the growth of government benefits has outstripped the decline in wages.

https://t.co/RCL7qBip2u

[BI AUS Markets @BIAUSMarkets]

It’s the first time Tasmania has taken out the top rank in 11 years, with the coronavirus affecting each state differently.

https://t.co/zRrr0bKxGK

[BI AUS Markets @BIAUSMarkets]

Australia has just had its first proper glimpse of how the labour market has been affected since the coronavirus lockdown and it’s not pretty.

https://t.co/187y8rmfci

[BI AUS Markets @BIAUSMarkets]

The unemployment rate could rise as high as 15% in the latest analysis by the Grattan Institute.

https://t.co/uwxIV2OhAZ

[BI AUS Markets @BIAUSMarkets]

Markets could be in for a long ride yet.

https://t.co/CKX1GKyDPP

[BI AUS Markets @BIAUSMarkets]

“Australian capital city dwelling prices, led by Sydney and Melbourne, have risen strongly over the past nine months but we expect that stellar run to end abruptly."

https://t.co/x31kX71Z89

[BI AUS Markets @BIAUSMarkets]

The unemployment rate crept up to just 5.2% but doesn't nearly reflect the full extent of the government shutdown.

https://t.co/4doAmm1jzj

[BI AUS Markets @BIAUSMarkets]

Confidence in the Australian economy has had its biggest monthly fall on record.

https://t.co/hepA6EKsaf

[BI AUS Markets @BIAUSMarkets]

With unemployment scheduled to double by June – without even mentioning rising underemployment – the jobs of homeowners, investors and tenants are suddenly looking a little less secure.

https://t.co/smK3VgAnzb

[BI AUS Markets @BIAUSMarkets]

700,000 more Australians will be jobless in the coming weeks, but the figure could have been much higher.

https://t.co/VsSENyiFg5