AAP

Wages are tracking upwards, growing by 3.1 per cent in the year to September, but still failing to keep up with the rising cost of living.

The local share market has finished little changed for a second straight day, despite double-digit losses for a number of lithium producers.

Commonwealth Bank says its cash net profit after tax in the September quarter was up 13 per cent from the same time a year ago.

Consumer confidence has recovered a little after weeks of declines, with people feeling slightly less bleak about the future of their finances and the economy.

The ASX's mining giants are hitting their highest levels in months, countering losses by the banks and consumer stocks.

Reducing Australia's dependence on China will be an important step for securing the nation's resilience, as Anthony Albanese seeks a meeting with Xi Jinping.

Australians can expect the number of cyber attacks targeting their sensitive data to double, with a cyber security report making other key warnings.

The ASX has enjoyed its second-best day of gains since 2020, rising 2.7 per cent, after consumer price figures suggested US inflation has finally peaked.

The ASX has jumped 2.8 per cent in morning trade after US consumer price figures showed signs American inflation is finally peaking.

Prime Minister Anthony Albanese heads overseas to the East Asia, ASEAN, G20 and APEC summits where he will meet with his counterparts from around the world.

The ASX200 has dropped 0.5 per cent ahead of the release of key US inflation data overnight.

Seven West Media's television revenue will likely drop by eight per cent in the first half, CEO James Warburton has told the company's annual general meeting.

Origin Energy shares have soared by a third after its board said it would recommend a $9-per-share takeover offer from Brookfield Asset Management.

The local share market has closed higher for the fourth day in a row and 11th time in the past 13 sessions.

National Australia Bank has delivered an 8.3 per cent lift in annual earnings after a strong year and says it's well positioned for fiscal 2023.

The big banks and lithium miners helped the ASX200 jump another 0.36 per cent on Tuesday, despite sharp losses by the energy sector and James Hardie Industries.

Super tax concessions are in the Albanese government's line of sight as it looks for opportunities to boost revenue and repair the budget bottom line.

The Australian share market has started the week up 0.6 per cent, with the mining sector enjoying its best performance in a month amid China reopening rumours.

Westpac has posted an annual profit of $5 billion-plus and says while interest rate rises will bite, many customers remain ahead on their mortgage repayments.

The local share market has climbed in afternoon trading to finish Friday up 0.5 per cent, with energy and mining sectors particularly strong.

CEO Alan Joyce has told shareholders at its annual general meeting the airline is returning to its pre-COVID levels of service.

State and territory authorities are bracing for an uptick in COVID-19 infections as new variants of the virus spread across Australia.

The local share market has fallen sharply after the chairman of America's powerful central bank declared rate hikes had "still some ways to go".

The federal opposition is calling on the government to allow extensive debate on controversial workplace law changes.

Woolworths says that inflation accelerated during the September quarter, with food prices rising an average of 7.3 per cent.

The ASX200 has finished slightly higher after crossing above and below the key 7000 level for most of the day.

Australian mining expertise and minerals are in demand in a world hungry for energy as executives gather for their biggest conference since the pandemic.

Australian shares have climbed 1.65 per cent, with all sectors gaining ground after the RBA announced a rate increase that was in line with expectations.

Power authorities in Western Australia will start sending text alerts to customers this summer if power cuts are possible.

The ASX has finished Monday up 1.2 per cent to cap off its second-best month of the year, with a busy week of central bank hikes to come.

A communications platform used by the Department of Defence has been hit by a ransomware attack.

Anthony Albanese is defending his decision to pump money into long-term investments rather than handouts for struggling families.