Nick Grimm

Sydney

Journalist and Presenter at ABC News (Australia)

Journalist and journeyman. This account reflects my personal views and does not represent the views of the Australian Broadcasting Corporation.

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Articles

Election result beyond expectations of party faithful

1 week ago | abc.net.au | Nick Grimm

For Labor's true believers, the election outcome went far beyond their wildest expectations.
Falling inflation boosts rate cut hopes

2 weeks ago | abc.net.au | Nick Grimm

New inflation data out today shows the pace of price rises is continuing its downward trend, though not quite at the pace that might have been expected. The news has been welcomed by the Albanese Government, coming just a few days before the federal election. With the crucial "trimmed mean inflation" figure now back with the Reserve Bank's target range, the figures boost expectations of further interest rate cuts.
Canadian PM wins snap election

2 weeks ago | abc.net.au | Nick Grimm

The Canadian Prime Minister Mark Carney has claimed victory in the country's general election. Before Donald Trump took office, it had seemed his centre-left Liberal Party was bound for defeat after the long leadership of Justin Trudeau. Commentators believe Trump's tariffs and his threat to takeover Canada changed the course of public sentiment in Canada, helping Mr Carney to victory.
Climate 200 bankrolls 35 election candidates

2 weeks ago | abc.net.au | Nicole Asher |Nick Grimm

Climate 200 is bankrolling up to 75 per cent of campaign donations for some independent candidates ahead of this weekend's election. Analysis by the ABC has revealed Climate 200 has donated more than three million dollars to 19 candidates around the country.
Trump looms, as Canadians start voting

2 weeks ago | abc.net.au | Nick Grimm

Voting in Canada's general election is about to get underway as the nation mourns the victims of a random attack in Vancouver. Campaigning was put on hold after eleven people were killed when a car ploughed into revellers enjoying a Filipino cultural festival. Many pundits are tipping voters will back the incumbent Prime Minister, Mark Carney, who's urging his compatriots to unite against Donald Trump's tariffs and his threat to annex Canada.
World markets falling again

1 month ago | abc.net.au | Nick Grimm

After recovering yesterday, world markets have dropped again today as concerns grow about a likely trade war between the United States and China. The global uncertainty worsened with the Trump administration clarifying its tariff on Chinese goods is now 145 per cent, not 125 per cent as it had previously announced.
Series of interest rate cuts expected - ABC listen

1 month ago | abc.net.au | Nick Grimm

Amid the turmoil and uncertainty sending world financial markets on a roller coaster, for Australian households still struggling with cost-of-living pressures there could be a silver lining to the economic stormclouds. Markets are now tipping the RBA could move to make four more mortgage interest rate cuts by the end of the year, with expectations that there will be a substantial half-a-per-cent cut announced next month.
"Don't panic" message for Australians with shares

1 month ago | abc.net.au | Nick Grimm |Nicole Hegarty

The Trump-led sharemarket rout has left many Australians anxiously checking their superannuation balances. With tens of billions of dollars wiped off the Australian market, there's signs of panicked transactions as investors try to minimise their exposure to heavy losses.
Recession fears grow amid Trump's tariffs

1 month ago | abc.net.au | Nick Grimm

Fears of a recession are growing inside the United States and across global markets in the wake of Donald Trump's swathe of tariffs slapped on its foreign trading partners. But the US President is still promising boom times ahead, reassuring Americans that short-term pain will quickly make way for long-term gain.
Trump sends global markets tumbling

1 month ago | abc.net.au | Nick Grimm

Global markets are tumbling as uncertainty grips the world economy in the wake of Donald Trump's tariffs on America's trading partners, Australia included. In the US close to $5 trillion has been wiped off Wall Street as investors reel from the biggest shock to markets since COVID. Its a dramatic turnaround from record highs recorded just a few months ago, as the incoming Trump administration's promise of business-friendly policies sent stocks surging.