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