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Gold slumps due to Fed’s discussions on QE

Gold has slumped after the US Federal Reserve suggests rolling off QE before the year's end.

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Renters face prospect of paying more

A continuing shortage of housing is likely to put further pressure on rents to go up, says Australian Property Monitors.

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Australia’s unemployment rate hits 5.6%

Australia's unemployment rate jumped to 5.6 per cent in March as total employment fell by more than 36,000.

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Woolworths Q3 sales up 2.5%

Woolworths has increased its third quarter sales by 2.5 per cent to $14.4 billion in a difficult trading environment.

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US stocks hit new records on Fed minutes

The Dow Jones Industrial Average rose 128.78 (0.88 per cent) to 14,802.24, a new all-time closing high.

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Australian shares close weaker

The Australian share market closed lower on Wednesday

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