AAP

The local share market has suffered another day of heavy losses with WA gold miners finishing up as the strongest performers of the session.

A senior Reserve Bank official says the prevalence of fixed-rate loans and sizeable savings buffers are likely extending the lag time of interest rate hikes.

The ASX has finished higher for the day but dropped more than two per cent for the week after suffering its longest streak of weekly losses since the GFC.

Westpac, St. George, HSBC, JP Morgan and AMP now expect the Reserve Bank won't raise rates in April - but ANZ and CBA still forecast a rate hike.

A review into Australia's woeful productivity performance is expected to contain 71 reform recommendations to lift pay packets and boost national prosperity.

Younger generations are bearing the brunt of high prices but some say the cost of living crisis may have passed its peak.

The ASX has finished 1.5 per cent lower after banking contagion spread to Europe.

Fresh labour market data shows the unemployment rate falling back to 3.5 per cent, with 65,000 jobs added.

Fresh labour market data shows the unemployment rate falling back to 3.5 per cent, with 65,000 jobs added.

The local share market had its best day in two months, rising 0.9 per cent following three days of losses amid fears about the stability of US banks.

FTI Consulting says parties beyond Andrew Forrest and Mike Cannon-Brookes have expressed interest in buying the mammoth solar project known as Sun Cable.

High inflation, rising interest rates and falling consumer demand is putting Australian businesses under increasing stress.

The local share market finished down 1.4 per cent, although the ASX200 managed to close just slightly above the key 7,000 level.

Consumers are feeling wobbly after the Reserve Bank's tenth interest rate hike in a row and amid stubborn inflation.

Billions of dollars will be ploughed into Australia’s nuclear-powered submarine program with WA to benefit from a significant chunk of the largesse.

The local share market was down another 1.6 per cent in early trading and dipped below 7,000 for the first time since early January.

The Australian Securities Exchange has closed down 0.5 per cent following the weekend collapse of US banks Silicon Valley and Signature.

The plan to acquire nuclear-propelled submarines is set to create up to 20,000 jobs but the tertiary education sector will need to ramp up to meet demand.

Despite a softening of language from the RBA, economists are still tipping another rate rise when the central bank next meets.

Electrifying everything is an unnecessary hit on taxpayers because conventional LPG will be phased out and replaced by a clean version, the industry says.

The local share market has finished down 2.3 per cent, its worst drop in five months, sending the benchmark index to an eight-week low.

Labor's $15 billion manufacturing fund won't ban coal, gas, or logging. The legislation has passed the lower house after a deal was struck with the Greens.

The Australian share market was overall little changed as falls in mining and health care were offset by advances in tech and banking stocks.

Finance Minister Katy Gallagher is cautiously optimistic comments from RBA Governor Philip Lowe show interest rate hikes are closer to being paused.

The ASX has fallen 0.8 per cent and the Australian dollar has sunk to a four-month low after the US central bank's chairman warned of more interest rate rises.

Domestic airfares are still flying well above pre-pandemic levels but relief is in sight for passengers as prices start to drop.

Prime Minister Anthony Albanese is hoping his Indian tour fares better than the Australian cricket team as he goes into bat for a stronger economic partnership.

The ASX jumped while the Aussie dollar sank to an 11-week low after the Reserve Bank raised interest rates by an expected 0.25 percentage points.

Women have missed out on more than $2.8 billion in super in the 12 years since Australia's paid parental leave scheme was introduced, industry fund Hesta says.

Consumer sentiment is still very low although mortgage holders have curiously regained some confidence ahead of the Reserve Bank's next cash rate decision.

The local share market finished the day modestly higher, but on a weekly basis finished 0.3 per cent lower from where it started.

Farmers WA says the federal government should review its promise to ban live sheep exports by sea, branding it a "dumb" commitment that will affect 3,000 people.