ASX 200’s worst day since April; Australian economy grows faster than expected

OTM MARKETS - Generic (Getty).jpg

On the Money Source: Getty

The Australian sharemarket has experienced its worst single-day drop since April, with all 11 sectors finishing in the red. For more, Rena Sarumpaet spoke with Perpetual’s Head of Investment Strategy, Matt Sherwood. Plus, Australia’s GDP expanded by a larger-than-expected 0.6% in the June quarter. SBS Finance Editor Ricardo Goncalves spoke with NAB Chief Economist Sally Auld about what that means for the economy.


Listen to Australian and world news, and follow trending topics with SBS News Podcasts.


Share

Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Download our apps
SBS News
SBS Audio
SBS On Demand

Listen to our podcasts
An overview of the day's top stories from SBS News
Interviews and feature reports from SBS News
Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
A daily five minute news wrap for English learners and people with disability
Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS
SBS World News

SBS World News

Take a global view with Australia's most comprehensive world news service
Watch the latest news videos from Australia and across the world