AAP

Opposition Leader Sussan Ley has dismissed suggestions the Nationals are dictating coalition policy after the Liberals followed their lead and ditched net zero by 2050 climate targets.

Wall Street ended sharply lower overnight, with steep losses in Nvidia and other AI heavyweights.

Australia's share market has tumbled to its lowest close since September 18 after stronger-than-expected jobs data scuppered hopes of further Reserve Bank interest rate cuts.

The Liberals have dumped a commitment to achieving net-zero emissions by 2050 as Sussan Ley pledges to drive down energy prices for households.

Australia's corporate regulator is accusing a financial planning company of engaging in "industrial-scale misconduct" for exposing nearly 7000 investors to dodgy super funds.

The Australian Competition and Consumer Commission has opted not to oppose the media tie-up.

Wall Street's main indexes were mixed overnight, with the Dow notching a record-high close and the Nasdaq losing ground.

Australia's share market has ended the day lower after a mining sector lift could not counterbalance a tech sector dump and ongoing weakness in Commonwealth Bank shares.

The Dow Jones Industrial Average notched a record high close overnight, lifted by progress toward ending the longest US government shutdown.

Australia's share market has stumbled after a snag in Commonwealth Bank's quarterly update sparked a dramatic sell-off that wiped $12 billion from Australia's biggest company.

The Commonwealth Bank has posted an eye-watering $2.6 billion unaudited first-quarter cash profit, buoyed by growth in home loans and deposits.

Big Tech and other superstars of the US stock market got back to rallying overnight.

Australia's share market has notched its best daily performance in three weeks amid hopes a US funding deal could end a government shutdown that has lasted 40 days.

ANZ's bottom line has taken a big hit from a massive fine imposed by the market regulator and one-off costs related to 3500 staff redundancies.

The Nasdaq closed lower as investors turned the page on a roller-coaster week with economic worries.

Australia's share market has notched its lowest weekly close since in more than three months, with interest rate-sensitive stocks under pressure from an increasingly grim rates outlook.

Wall Street lost ground overnight as influential technology stocks fell and once again steered the broader market.

Mining stocks have dug Australia's share market out of a two-session losing streak, but the bourse remains under pressure as investor uncertainty lingers.

The mining sector wants a deal to be struck on landmark nature protection reforms to pass Labor's sweeping bill before Christmas.

Stocks gained ground on Wall Street Wednesday following several upbeat economic updates and a steady flow of quarterly reports from US companies.

A late bounce has failed to take Australia's share market higher as economic concerns, weaker commodity prices and valuation worries weigh on sentiment.

Leaders of a resource-rich state are trying to convince the Commonwealth to stick with a GST revenue split that raises hackles in the eastern states.

The corporate watchdog has flagged easing reporting requirements for smaller firms while warning private credit to shape up or face tougher regulation.

Stocks fell on Wall Street overnight, pulled down by losses from the same big tech companies that have been the main drivers of the market's rally so far this year.

The local share market has dropped to a six-week low after the Reserve Bank kept interest rates unchanged and suggested it was in no hurry to adjust them in either direction.

The Liberal Party is poised to ditch its commitment to reach net-zero emissions in a move that would unite the coalition amid mounting pressure to follow the Nationals' lead.

The S&P 500 and the Nasdaq closed higher overnight, with artificial intelligence-related deals driving much of the gains.

Australia's share market has eked a small gain to start the week, with banks and the tech sector counterbalancing losses in health care and mining stocks.

Westpac's full-year profit has grown slightly as the big-four bank delivered a bigger loan book and took in more customer deposits.

Australia's share market has limped to the finish in a grim week for the bourse, as stock-specific shocks and a hot inflation report weighed on sentiment.

Wall Street's three major indexes lost ground overnight with the Nasdaq Composite and the S&P 500 leading losses as Meta and Microsoft shares tumbled.

Australia's share market has sunk to two-week lows as positive headlines from US-China trade talks couldn't soothe investor worries over the gloomy new outlook for interest rate cuts.