
Nadia Daly
National Business Reporter at ABC News (Australia)
National Business Reporter @abcnews 📽 Via Melbourne, Darwin, Hong Kong, France, Malaysia
Articles
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1 week ago |
abc.net.au | Michael Janda |Samuel Yang |Emilia Terzon |Nadia Daly |Adelaide Miller
The Australian share market has finished the day up 0.3% at 8,435 points with an almost even split of winners and losers. Overall, the market had 92 stocks in the red, 11 unchanged and 97 stocks gaining. When looking at the sectors, Utilities finished at the top; up 1.2%, followed by Consumer Non-Cyclicals; up 1%. The Energy sector finished at the bottom; down -1.4%, followed by Industrials; -0.8% and Technology; -0.77%.
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1 month ago |
abc.net.au | Nadia Daly
With home ownership further out of reach than ever for younger Australians, some are pondering whether their locked-away retirement funds would be better off used now, to buy a house. Jordan Davies is one young person who views home ownership as out of reach, despite the 28-year-old feeling that he is relatively well-off, with a decent job and stable salary. "It's still difficult to obtain finance in the amount that is needed to purchase a property," he told ABC News.
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2 months ago |
abc.net.au | Nadia Daly
After a brief downturn home prices have rebounded to new heights, but analysts say growth is likely to be contained. Rents have also reached record highs but growth is expected to slow.
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2 months ago |
abc.net.au | Gareth Hutchens |Nadia Daly |Stephanie Chalmers |Kate Ainsworth
The ASX 200 closed moderately higher after seesawing through the day, as the RBA prepares to meet on interest rates on Monday. Meanwhile, analysts expect the election to have a "limited" impact on markets.
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Jan 26, 2025 |
abc.net.au | Nadia Daly
Inflation, global uncertainty and a tight jobs market are making conditions tough for Australian businesses and many are expecting it to get worse before it gets better. Builder Joey Pamment's work has slowed by up to 75 per cent compared to the COVID years, when the construction industry was booming. "It's a tough time to be a builder," he told the ABC.
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