AAP

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.

The local share market has finished down 0.9 per cent, with big losses for the mining giants after government statistics showed a drop in iron ore exports.

Workplace Relations Minister Tony Burke says he's having productive discussions with industry groups about new worker laws.

The Australian sharemarket has posted it fourth consecutive day of gains, equalling a streak last set in mid-September.

ANZ has beaten earnings expectations across the board, but the results don't appear to have been strong enough to impress the market.

New laws will give workers more power to request flexible working hours while introducing controversial changes to open the way to widespread multi-employer bargaining.

The local share market has managed to stay in positive territory - just - after third-quarter inflation came in higher than expected.

Australians are facing a tough couple of years after the Albanese government's first budget warned power bills will rise and real wages will fall.

The Australian share market has risen for a second day, closing up 0.28 per cent despite losses among miners and oil producers.