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Shares wobble, oil price keeps traders on edge

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Australia's share market has narrowed an early loss to end the session lower, after commodity prices bolstered energy stocks and miners.

Australians are 'furious' about inflation: RBA deputy

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Australians are "furious" about inflation and it will take the nation years to fully get on top on higher post-pandemic living costs, the Reserve Bank's deputy governor says.

Wall Street down, oil up as inflation worries persist

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Stocks have slipped and oil flirted with $US100 a barrel prices ‌as investors fretted over potential inflation concerns and ongoing conflict in the Middle East.

Aussie shares tumble to six-week lows as concerns grow

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Australian shares have had their worst session since early June as stubborn oil prices, crumbling consumer confidence and a dim business outlook weigh on banks, real estate and retail stocks.

Labor seats favoured in grants scheme

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A majority of federal grants handed out as part of an invitation-only scheme to upgrade community infrastructure was directed to Labor seats, a report has found.

Australian shares inch higher as energy stocks rally

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Australian shares have had a shaky session as oil prices continued to weigh on confidence and select miners jumped after China announced fiscal stimulus.

'It's your own money': One Nation push for early super

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Workers would be able to divert a portion of their superannuation to help pay for their rent or mortgage under a One Nation proposal.

Shares end week lower as traders brace for higher rates

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Australian shares have fallen for three of the past four weeks after reporting season revealed a K-shaped market, with miners outperforming while economic worries weigh on earnings expectations elsewhere.

Public trust in politicians drops amid voter cynicism

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A new report from the Centre for Policy Development comes amid a surge in support for One Nation as voters vent anger at the two major parties.

Banks help shares snap three-day losing streak

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Australian shares have notched their first positive session for the week as inflation and bond market jitters ease, but ex-dividend drops in BHP, Woodside and Coles have limited the upside.

Productivity pick-up a slow burn as data dips again

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Fixing Australia's lagging productivity rate will likely take years rather than months, the man in charge of the nation's finances concedes.

Wall St ends higher as stocks reclaim some shine

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Wall ‌Street has advanced, notching a partial rebound from a three-day losing streak as investors searched for deals among stocks and sectors that might have been oversold amid ‌recent risk-off moves.

Shares fall as uncertainty hangs over markets

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Australia's share market has tumbled as escalation in the Middle East and worries about inflation, interest rates and bond markets weigh on investor confidence.

Rate rise fears, GDP surprises at 2.1 per cent

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Australia's economy is showing resilience despite higher interest rates and war in the Middle East, growing at 0.4 per cent in the June quarter.

Wall St ends lower on higher yields, rising oil prices

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US stocks have extended their slide as the global bond sell-off deepened and crude prices spiked amid fading hopes for a near-term solution to the US-Israeli war with Iran.

Aussie shares wobble as inflation fears loom large

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Australian shares have ended the day slightly lower, after resurgent oil prices stoked concerns around inflation and interest rates.

Wall Street closes lower as oil prices increase

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US stocks have weakened, with Wall Street turning the page on a volatile month as a war-related jump in crude prices revived inflation fears and raised the likelihood of tighter monetary policy.

Aussie shares slip, but round out fifth positive month

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Australia's share market has started the week lower, but snatched a fifth straight calendar month of gains to cap off a broadly positive earnings season.

Wall St ends lower as Warsh reaffirms inflation fight

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Wall Street's main indices have ended lower, with investors turning cautious after Federal Reserve chair Kevin Warsh reiterated the central bank's focus on fighting ‌inflation, increasing prospects for a rate hike.

Aussie shares end week higher on decent final session

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Australia's share market has ended a volatile week higher, following five wild sessions of earnings, oil price swings and interest rate woes.

PM call to keep refugee numbers 'not a backflip'

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The prime minister has confirmed Australia's refugee intake will remain at current levels, despite reports it would be cut by one-third.

Wall Street gains as investors cheer Nvidia's forecast

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The technology-heavy Nasdaq has outperformed peers at the close of trade after chip maker ‌Nvidia's bumper revenue forecast reaffirmed the strength of the AI boom and fuelled gains in technology stocks.

Australian shares slide as rate-hike fears mount

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Australia's share market has posted its worst day since early June after three of the big four banks warned interest rate hikes could come sooner than expected.

Bunnings lifts Wesfarmers' profit

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A decision to drop prices on thousands of goods in the wake of household cost of living pressures helped the owner of Bunnings, Kmart and Priceline achieve another multi-billion dollar earnings

Wall Street ends lower following hot inflation data

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Wall ‌Street's main indices have closed slightly lower after a US inflation reading came in hotter than expected, while many investors stuck to the sidelines ahead of AI bellwether Nvidia's earnings ‌later in the day.

Share gains derailed by inflation surprise

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Australia's share market has handed back an early lead to end the session lower, after hotter-than-expected inflation figures raised the odds of incoming interest rate hikes.

Inflation result puts rate rise on the table

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Despite headline inflation falling to 3.5 per cent - the lowest level since November - an above-expectations result adds to the case for more rate hikes.

Woolworths' profit lifts 18pc

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Australia's biggest supermarket chain has boosted its annual profit by 18 per cent, despite a challenging economic environment that has strained household budgets.

Nine lifts profit, maintains streaming focus

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Nine Entertainment has increased its full-year net profit as it continues to focus on its streaming and broadcast assets.

Wall Street ends higher as tech rebounds

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Wall Street's main indexes have closed higher as technology stocks recovered from a selloff ahead of AI heavyweight Nvidia's results, ‌while investors found some relief in drops in oil prices and bond yields.

Shares improve as banks bounce, oil dips on Iran hopes

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Australian shares have clocked a second straight session of gains, as solid earnings, a banking rebound and easing oil prices lifted investor confidence.

Wall Street ends mixed as investors weigh Iran moves

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The S&P 500 and Nasdaq have ended lower, pulled down by technology stocks as investors weighed fresh US economic pressure against Iran ‌and braced for a week that includes Nvidia earnings and a closely watched inflation report.