The Australian sharemarket has had its sharpest one-day loss since early May, driven by unwavering US inflation and more tarrif threats by Donald Trump. t

The Australian sharemarket has had its sharpest one-day loss since early May, driven by unwavering US inflation and more tarrif threats by Donald Trump. t

The Money News Market Wrap Podcast is your daily snapshot of the latest market news, conveniently delivered straight to your device after the closing bells ring.

For a deeper dive into the day's biggest business news, listen to Money News every weeknight at 7:00 pm. Missed it live? Catch-up via the Money News podcast.

The Money News Market Wrap Podcast is your daily snapshot of the latest market news, conveniently delivered straight to your device after the closing bells ring.
For a deeper dive into the day's biggest business news, listen to Money News every weeknight at 7:00 pm. Missed it live? Catch-up via the Money News podcast.

Money News Market Wrap

MWP July 16: The Market records its biggest decline since May, victims of First Guardian in for more pain and new data suggests Australia may not be the luckiest country in the world 