AAP

News 30 Oct 2020

ASX 3.88pc loss is worst week since April

Australia's share market had its worst week since April, and one investment analyst has warned more trouble looms if the US election result next week takes time to unfold.

Government 30 Oct 2020

WA borders to reopen to rest of Australia

Western Australia will reopen its borders to all states and territories from November 14, but some restrictions will remain for people from NSW and Victoria.

Government 30 Oct 2020

No regrets: Mathias Cormann quits politics

Australia's longest-serving finance minister has officially resigned to contest the leadership of a powerful global economic advisory body.

Government 30 Oct 2020

Calls for PM to have clear disaster role

A royal commission sparked by last summer's devastating bushfires has recommended the federal government have the power to declare a national emergency for such disasters.

Retail 29 Oct 2020

Myer chair exits, blaming big shareholders

Myer chair Garry Hounsell has left the company after criticism from shareholders including retail kingpin Solomon Lew.

Regulation 29 Oct 2020

Australia Post chief queries investigation

There's late mail in the Australia Post scandal, with chief executive Christine Holgate querying the nature of the investigation into spending of gifts.

Indigenous 29 Oct 2020

Juukan inquiry to visit destroyed WA sites

A parliamentary committee examining Rio Tinto's destruction of the ancient Juukan Gorge rock shelters will visit the sacred Western Australian sites next week.

News 29 Oct 2020

Australian shares close 1.61% down

Australia's share market closed at its lowest level since the first week of October after investors felt the fallout of a plunge on US markets.

Financial Services 29 Oct 2020

Gas okay for ANZ as it clamps on coal

ANZ will tighten its policy on coal, but gas will be treated as a transition fuel, the company said as it reported a 42 per cent profit fall.

Mining 29 Oct 2020

Fortescue ore shipments jump

Fortescue Metals Group has posted a 5 per cent rise in first-quarter iron ore shipments, with demand in China for the steelmaking ingredient remaining robust.

News 28 Oct 2020

Aust shares' slim gain ends run of losses

Investors have helped the share market to its first gain in five sessions after shrugging off a poor US lead, as their peers worried about coronavirus infections.

Health 28 Oct 2020

Virus vaccine on track for early next year

Australia is on track to receive its first batch of coronavirus vaccinations early next year.

Retail 28 Oct 2020

Coles' sales surge on Vic lockdowns

Coles has reported sales revenue rose 10.5 per cent in its first quarter, driven by Victorians stockpiling goods amid coronavirus lockdowns.

Government 28 Oct 2020

Centrelink debt recovery scheme to resume

Australians on welfare will soon be subject to Centrelink's debt recovery program again, with the government ending the pause put in place because of the pandemic.

Government 28 Oct 2020

Economic recovery has begun: Morrison

Scott Morrison agrees with the Reserve Bank that the economic recovery from the COVID-19 recession is under way.

Government 28 Oct 2020

JobSeeker decision due in early December

Unemployed Australians should know by December what the rate of JobSeeker will be next year, with elevated payments likely to continue temporarily.

Government 27 Oct 2020

Reserve Bank warns of business failures

Business failures will increase even as the Australian economy starts to recover from the coronavirus pandemic's impact, a senior Reserve Bank official says.

Regulation 27 Oct 2020

'Total mess': ASIC grilled over expenses

The former deputy chair of the corporate watchdog continued to receive taxpayer-funded rental payments for more than a year after concerns were first raised.

News 27 Oct 2020

ASX ends down 1.7%, all sectors lower

The Australian share market has fallen to a three week low in a result one fund manager described as an over-reaction to drops in US stocks.

News 27 Oct 2020

Holgate reforms saved us: Post licensees

Australia Post licensees have rallied behind CEO Christine Holgate and plan to send $5 notes to the prime minister to protest her being stood down.

Government 27 Oct 2020

Support for WA hard border reopening date

Premier Mark McGowan has brushed aside the findings of a new poll showing most West Australians want him to set a date for reopening state borders.

Government 27 Oct 2020

Labor criticises coalition JobMaker scheme

Treasurer Josh Frydenberg has doubled down on bold job creation claims despite senior officials contradicting his calculations.

Health 26 Oct 2020

Workers, bosses back Melbourne reopening

Employers and unions have backed Victoria's plan to lift coronavirus economic clamps as thousands of Melburnians prepare to return to work.

News 26 Oct 2020

ASX ends down, week of risk ahead

Investors have suffered minor losses on the Australian share market to start a week one expert warns could turn tumultuous.

Government 26 Oct 2020

Australia Post culture under investigation

Australia Post will face a one-month investigation examining the organisation's gift and expense culture after watches worth almost $20,000 were handed to senior executives.

Financial Services 26 Oct 2020

Westpac flags $1.2bn earnings hit

Westpac has warned of a $1.22 billion hit to earnings ahead of its full-year results next week, partly due to writedowns and revaluations.

Regulation 26 Oct 2020

ASIC deputy chair Daniel Crennan resigns

The deputy chair of Australia's corporate regulator has quit after it emerged he claimed nearly $70,000 from taxpayers to cover rent.

Health 26 Oct 2020

Two vaccine doses expected for coronavirus

Australians are expected to need two doses of a coronavirus vaccine to be protected against the disease.

News 23 Oct 2020

ASX ends 0.16% lower for week

Investors might be satisfied with a slight dip on the Australian share market after they recovered some losses following a major risk event – the final US presidential debate.

Government 23 Oct 2020

All agencies on notice over spending: PM

Scott Morrison has put all government-owned businesses and agencies on notice that luxury gifts and above-limit expense claims won't be tolerated.

Energy 23 Oct 2020

Major project status for Pilbara hydrogen

Major project status has been granted to the Asian Renewable Energy Hub, a 15 gigawatt green hydrogen project backed by Vestas.

Government 23 Oct 2020

Hundreds more Aussies allowed to come home

Hundreds more Australians stranded overseas will soon be able to fly home each week.

AAP

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