Cameron Micallef

2 days ago | thewest.com.au | Cameron Micallef

A trade deal between the US and China led to a rally on the ASX, with energy and information technology stocks leading the way. The benchmark ASX 200 index gained 35.50 points or 0.43 per cent to 8,269, with six of the 11 sectors finishing in the green. The broader All Ordinaries also jumped 43.70 points or 0.52 per cent to 8,510.70. The Australian dollar jumped 0.71 per cent and is now buying 64.16 US cents.

2 days ago | thewest.com.au | Cameron Micallef

Consensus has firmed that the Reserve Bank of Australia will announce its second rate cut in the cycle in May, but it won’t immediately solve many household budgets. The cash markets and experts are widely predicting the Reserve Bank of Australia will slash the cash rate by 25 basis points to 3.85 per cent when they meet on May 20, following a first rate cut in February.

2 days ago | au.finance.yahoo.com | Cameron Micallef

SYDNEY, AUSTRALIA - NewsWire Photos MARCH 9th, 2023: TIK TOK Generic Pics. Push for TikTok to be banned - Calls to ban the viral video app are gaining steam after the FBI raised the alarm that the Chinese government could access user data. Picture: NCA NewsWire / Tim Pascoe Taxpayers are being warned just because someone has a large following, it doesn’t make them a tax expert, with TikTok “Finfluencers” and AI being called out ahead of the end of financial year.

2 days ago | au.finance.yahoo.com | Cameron Micallef

Australia’s major banks have moved on interest rates. Picture: NewsWire Struggling mortgage holders could benefit from cheaper home loan rates, as providers slash interest rates ahead of the Reserve Bank’s May meeting. An increase in competition among financial institutions has led to falling fixed and variable interest rates.

2 days ago | thewest.com.au | Cameron Micallef

Households are spending billions in upgrading to more sustainable and energy-efficient products, but it is an investment to lower their electricity bills over environmental concerns. A report released by REA Group with Origin found that half of Australians are looking to make their homes more sustainable, as they see it as a way of saving on their electricity bills.