AAP

Tools like ChatGPT could add tens of billions of dollars to the Australian economy by swallowing up repetitive manual tasks and making workers much more productive.

The local share market has finished down 0.2 per cent after Reserve Bank minutes indicated the central bank might hike rates in August.

As a parliamentary inquiry examines conflicts of interest in the consulting industry, Greens senator Barbara Pocock says firms are still not being honest.

The local share market has finished down ever so slightly as traders digested weaker-than-expected second-quarter gross domestic product figures from China.

Large consultancy firms should be broken up to reduce conflicts of interest, the former head of the consumer watchdog has told an inquiry.

The ASX rose 0.8 per cent to end its best week since November after another dove bearing soft US inflation data signalled the end of rate rises is nigh.

Philip Lowe will leave his post as head of the Reserve Bank, with Michele Bullock the first woman picked to lead Australia's central bank.

The local share market closed 1.6 per cent higher after weak US inflation figures raised hopes the Federal Reserve could be nearing the end of its rate cycle.

BHP will seek to overturn a requirement for workers to be asked if they want to work public holidays before they are rostered on.

The local share market has finished 0.4 per cent higher after a positive lead from the US, with rising commodity prices benefiting energy and materials sectors.

Reserve Bank governor Philip Lowe has laid out a major shake-up of the central bank in the wake of a wide-ranging review into the institution.

The Australian government remains hopeful of striking a deal with the European Union on free trade, as the latest talks stall.

The local share market has finished 1.5 per cent higher after sliding bond yields and new Chinese economic stimulus sent investors flocking back to equity land.

War veteran Ben Roberts-Smith is appealing the loss of his defamation lawsuits after a judge found reports he committed war crimes were substantially true.

Anthony Albanese has confirmed Australia's entry into a German-led "climate club", which some groups say will push the nation to do more on emissions cuts.

The local share market changed gears to finish the day 0.54 per cent lower after unexpectedly weak Chinese inflation data rattled investors.

US stocks have closed lower as investors digested data indicating the country's job growth slowed more than expected in June.

The local bourse plunged 1.69 per cent lower as rising bond yields led to broad sell-offs across the entire market.

A royal commission into the unlawful robodebt scheme has recommended senior figures behind it be prosecuted over their roles in the troubled program.

The S&P/ASX200 plunged down more than 1.5 per cent in early trade this morning following a broad sell-off in the US markets overnight.

The local bourse has fallen 1.24 per cent, driven lower by miners and fears of future interest rate rises by the US central bank.

Corporate regulator ASIC has fined retail broker Openmarkets a record $4.5 million for failing to stamp out a client's suspicious trading activity.

The local bourse has fallen 0.35 per cent after underwhelming Chinese economic data raised fears Australia's largest trading partner is heading for a slowdown.

Acting Treasurer Katy Gallagher has called on the states and territories to better "phase" their massive infrastructure projects, but stopped short of labelling them inflationary.

The local share market jumped 0.69 per cent in under 15 minutes to finish 0.45 per cent higher after the Reserve Bank kept the cash rate steady at 4.1 per cent.

Increased travel access for Indonesians is set to be announced when Joko Widodo and Anthony Albanese meet on the first day of the Indonesian leader's visit.

The local share market has finished 0.59 per cent higher, with traders casting an eye ahead to Tuesday's Reserve Bank interest rate decision.

The names of eight sacked partners from embattled constancy firm PwC have been revealed as the investigation into the tax leak scandal continues.

The federal government has assembled a crack team of scam-busting experts to target investment swindles that cost Australians millions of dollars a year.

The Australian share market finished 0.12 per cent higher on the financial year's last day of trading but uncertainty awaits investors.

The education minister has warned that childcare centres lifting fees are in the sights of the ACCC as subsidies for parents increase.

The local bourse has finished essentially flat after strong retail spending growth tempered expectations the Reserve Bank will keep interest rates steady.