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'Let down': Telstra's chief faces up to outage outrage

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Telstra's chief has apologised for the latest failure to its network, disclosing her senior staffers had been impacted by the outage.

Liberal leader rules out forming One Nation alliance

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Angus Taylor has doubled down on attacks on One Nation, ruling out any coalition with the minor party despite Pauline Hanson's pleas to "work together".

Wall Street gains as chip surge offsets Iran concerns

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The Nasdaq has ended sharply higher as Micron Technology fuelled a rally in chip stocks that eclipsed fears that renewed US and Iranian attacks ‌might prolong the Middle East conflict and fuel inflation.

Shares fall for fourth day as miners take hit

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Australia's share market has fallen for a fourth straight session, as a second day of strikes between the US and Iran hammered hopes of a permanent peace deal and painted a grim picture for global inflation prospects.

PM strikes Indian uranium deal

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India and Australia have struck a series of deals, including an agreement for Australian uranium to once again be exported to the subcontinent.

Audit firms to be investigated after KPMG scandal

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Major consulting companies will have their audit firms investigated by the corporate watchdog in an inquiry triggered by allegations surrounding KPMG.

Wall St ends mixed as investors fear Iran-US truce over

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The S&P 500 has ended lower after ‌US President Donald Trump said an interim deal aimed at ending the war with Iran was "over," while Broadcom led gains among recently battered chip stocks.

Aussie shares pare losses as US, Iran trade air strikes

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The local share market has staged a dramatic turnaround, finishing only modestly lower after earlier being on pace for its worst day in five weeks.

GenusPlus denies Telstra outage blame

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Contractor GenusPlus said media reporting which appeared to imply the company's own infrastructure was contributing to Telstra's nationwide outages was incorrect.

Oil spikes, Wall Street drops as US-Iran tensions build

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Oil prices spiked on renewed fears that a tenuous peace between the US and Iran was faltering, while US stocks fell, led by technology shares on ‌investors' concerns about the longevity of the AI-driven rally

'So sorry': Telstra conducts welfare checks amid outage

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Telstra has apologised for a national outage that has stopped trains, transactions and some triple zero calls, but is still investigating what caused the issue.

Local shares dip, miners slump as Hormuz tensions flare

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Australia's share market has resumed its decline after a container ship in the Strait of Hormuz was hit by a projectile, testing a fragile truce between the US and Iran.

Longest stretch of weak growth since 1990s forecast

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Australia's economy is set to grow below two per cent for the longest period since the early 1990s, exposing a malaise long masked by population growth, a report has warned.

PM heads to the Solomon Islands after Fiji breakthrough

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Anthony Albanese will make a quick dash to the Solomon Islands to participate in the nation's independence day celebrations after securing a key pact with Fiji.

Wall Street closes higher as chip stocks rally

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The ‌S&P 500 and Nasdaq have ended sharply higher, with Broadcom and other chip stocks rallying as investors bought shares in companies related to artificial intelligence that are expected to ‌drive a strong second-quarter earnings season.

Shares dip as traders await next catalyst

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Australia's share market has started the week lower as trading volumes plunged and investors awaited the next market-moving catalyst.

Australia, Fiji in new defence alliance

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Australia and Fiji have sealed a new defence alliance, marking a major diplomatic win for Anthony Albanese against China for influence in the Pacific.

Super funds defy global upheaval to deliver big gains

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In a lacklustre year for Australian equities, superannuation funds have provided a bright spot for those members securing double-digit returns.

Shares rally for best day in three weeks

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The Australian share market has enjoyed its best day in three weeks, thanks in part to strong gains by goldminers following lacklustre US employment data.

Panic buying warning as bird flu found in third state

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Australians have been warned against panic buying eggs and other poultry products as preliminary testing detects a case of avian flu in a third state.

PM ‘not against’ a punt, defends gambling reforms

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Proposed gambling ad reforms go beyond some recommendations made in a Labor-led report that urged a total ban, the prime minister says.

Dow hits record closing high

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The Dow Jones has lifted more than one per cent, posting a record closing high and a fourth straight week of gains ahead of the ‌long holiday weekend, as a softer-than-expected US jobs report eased worries about interest rate hikes.

Banks give shares a bounce to end run of losses

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The Australian share market has managed to avoid a third straight day of losses thanks to a bounce from the banking sector.

Wall Street closes lower, tech shares slip

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US stocks have finished slightly lower with falling technology shares, but gains in Meta Platforms provided some support along ‌with comments from Federal Reserve Chair Kevin Warsh that inflation risks had eased recently.

Banks and supermarkets drag shares lower

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Australia's share market has had a dour start to the new financial year, dropping for the seventh time out of its past 10 sessions after a sell-off in banking and supermarket stocks.

Stocks end quarter with big gains as oil tumbles

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Stocks across the globe have posted their largest quarterly ‌percentage increase in six years, while Brent oil had its largest quarterly drop since 2020.

Aussie shares fall as gold drops to eight-month low

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The local share market has ended the financial year with a whimper, ending on the lows of the day amid sharp losses for goldminers.

Rex misled market before $31.7m loss

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A regional airline has been found to have misled the stock market when it claimed it would deliver a strong financial result months before it posted an eight-figure loss.

Stocks rise with eyes on Iran

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A global gauge of stock markets rose ‌as investors tracked the implementation of an interim peace deal between Iran and the US, even as oil prices also rose after tit-for-tat attacks underscored the risk of escalation.

Shares gain after US agrees to ‘stand down’

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The Australian share market has moved higher after a US official said America and Iran would "stand down for now" following an exchange of fire near the Strait of Hormuz that tested their fragile ceasefire.

Hanson slides in the polls after voter 'reality check'

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Support for Pauline Hanson's party has dipped in the latest polls following her controversial National Press Club address, as Labor brands the major speech a "reality check" for Australians.

Wall Street ends lower as shares of chip firms tumble

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The S&P 500 has ended marginally lower, with a steep drop ‌in artificial intelligence-related chip stocks and sharp gains in Moderna and other healthcare stocks.