AAP

The local share market dropped by 0.47 per cent on Tuesday after the Reserve Bank of Australia hiked interest rates to the highest level in 10 years.

Experts expect the Reserve Bank to lift interest rates again in December, but there's also a chance it could finally hit the brakes.

The local bourse finished up 0.3 per cent, boosted by the likes of Fortescue, BHP and Rio Tinto as iron ore prices rose amid hopes of China's further reopening.

Labor leader Anthony Albanese has ­enjoyed a surge in support as preferred prime minister, the latest Newspoll shows.

Despite giving back most of Thursday's gains, the ASX has finished the week up 0.6 per cent to notch its fifth winning week in the past six.

The federal government's workplace relations changes, which will introduce multi-employer bargaining, have been waved through parliament.

The local share market has risen 1.0 per cent to a fresh seven-month high after Jerome Powell suggested the Fed might soon moderate its rate-hiking campaign.

The manufacturing sector has finally contracted after three months of flatlining, in a sign that less than favourable economic conditions are now hurting.

The local share market has closed up 0.4 per cent, bouncing back from its early losses after consumer prices rose less than expected in October.

Scott Morrison has become the first former prime minister to be formally censured in parliament over his secret ministry appointments.

The annual inflation rate has fallen to 6.9 per cent after the release of consumer price index data for October, after hitting 7.3 per cent the month before.

The local share market has climbed higher in afternoon trading after a listless morning, on hopes that China might relax its zero-COVID lockdowns.

Federal parliament is set to invoke a rare censure motion against Scott Morrison over the way he secretly appointed himself to ministerial portfolios.

The local share market has finished down 0.4 per cent, with commodity producers falling as rare protests erupted in China over harsh COVID-19 lockdowns.

The Nationals will not support efforts to enshrine an Indigenous voice to parliament in the constitution, threatening the chances of a referendum passing.

Reserve Bank boss Philip Lowe has admitted language around the 2024 interest rate forecast was not clear enough and apologised for the miscommunication.

The federal government's industrial relations laws look set to pass parliament following a deal with crossbench senator David Pocock.

The local share market finished Friday up 0.24 per cent, to again close at its best level since May 30 after four straight days of gains.

The treasurer says foreign investment and bolstering local manufacturing will be central to a refreshed critical minerals strategy.

The Australian share market has held on to gains, led by mining and tech stocks.

The federal government has won praise for its response to an inquiry into the Juukan Gorge destruction but been panned by the group at the centre of the issue.

The local share market has risen for a second day in a row, hitting its best level since June 3 even as the RBA outlined all the risks to the domestic economy.

Qantas is banking on Australians continuing to put a higher priority on travelling ahead of other spending as it looks forward to higher earnings.

Thanks in part to strong gains from the energy sector, the local share market has gained 0.6 per cent to close at its best level since June 6.

Black Friday sales may be feeding into slightly elevated consumer confidence scores as savvy spenders pounce on discounted items.

The local share market has had its sixth consecutive day of subdued trading, with losses by the big miners balanced by gains for the big banks.

Senators have received an open letter from Australia's chambers of commerce, calling on them to vote down workplace relations reform if the Bill is not split.

The local share market closed 0.2 per cent higher on Friday but posted a weekly loss after three straight weeks of gains.

Trade talks at the APEC summit in Thailand could be a chance for the prime minister to progress moves to remove China's sanctions on Australia.

The local share market ended 0.2 per cent higher on Thursday, helped by gains in financials, health care and consumer stocks.

A cross-party federal parliamentary committee has given the green light to a new trade deal between Britain and Australia.

The local share market has closed lower, with investors apparently treading cautiously as the war in Ukraine threatened to spill across the border into Poland.