AAP

The local share market has closed higher for a third day, with gains for consumer companies and BHP outweighing losses by CSL and CBA trading ex-dividend.

Parliamentarians are questioning the governor-general's role in Scott Morrison's secret appointment to five additional portfolios while he was prime minister.

Blood products and vaccines supplier CSL has reported a six per cent fall in annual profit and is tipping a slightly better earnings performance in 2022/23.

The ASX200 has risen 0.6 per cent to close at its best level since June 8, following a record year for mining giant BHP.

Seven West Media will buy back up to 10 per cent of its shares, following a boost to revenue for 2021/22 but a drop in after-tax profits.

Former prime minister Scott Morrison has defended his move to be sworn into a number of portfolios, saying the pandemic was an unprecedented time.

The local share market has climbed 0.45 per cent as traders digested a $1 billion tentative offer for Nearmap and a number of earnings reports.

JB Hi-Fi says it made $544.9 million in net profit after tax in the 12 months to June 30, 7.7 per cent more than last year, as consumer demand stayed strong for electronics and home appliances.

The local share market finished lower on Friday but still recorded its fourth straight week of gains.

The attorney-general says a bill to establish a federal anti-corruption commission could be introduced as early as next month.

The Australian share market has risen more than 1 per cent on hopes of less aggressive rate hikes by central banks.

Telstra has raised its dividend for the first time in seven years following what its CEO is calling a successful transformation of the telco.

The ASX finished the day down 0.5 per cent ahead of another US inflation readout that'll be key to determining how quickly interest rates rise in America.

A former Western Australian Liberal MP has been charged with attempting to hinder an investigation by the Corruption and Crime Commission.

Australia's biggest lender has lifted its annual profit by 11 per cent and declared a final dividend of $2.10 a share.

The local share market has closed modestly higher despite weakness in the financial sector and losses by the big three iron ore giants.

Profits at Rupert Murdoch's publishing and media giant, News Corp, topped $A1 billion for the 2021/22 financial year.

The strength of Australia's commodities sector has helped propel the ASX to a fresh two-month high, even if the day's gains were a modest five points.

Domestic firms dominate the industry's leaderboard when it comes to sustainability and fairness as investors weigh where to put green capital.

The United Kingdom will re-establish a key diplomatic post in Perth in a bid to bolster trade and investment ties with Australia and the Pacific.

The Australian share market has finished at a two-month high after gaining ground for a third straight week.

Prime Minister Anthony Albanese has reaffirmed Australia's commitment to maintaining the "status quo" in the wake of increased tensions with China.

The Indian Ocean near Perth and Bunbury is one of six offshore wind energy locations being considered across the country.

The Australian share market closed flat after an early rally to a fresh two-month high faded throughout the day.

Climate Change Minister Chris Bowen says the government's climate change legislation will send a message to the global community about Australia's renewed action on reduction emissions.

Commonwealth Bank of Australia has matched this week's move by the central bank and raised its variable home loan rates.

The Australian share market has finished slightly lower, ending its six-day winning streak.

Australia will continue to work with its allies to promote stability in the region, following rising tensions between Beijing and Washington, Prime Minister Anthony Albanese says.

The Albanese government has agreed to a number of changes to its climate laws, securing Greens support to get them through parliament.

The local bourse has gained ground for a sixth straight session, recovering from morning losses after the Reserve Bank raised rates as expected but said it was not on a "pre-set path" when it came to monetary policy.

The Reserve Bank board is expected to lift the cash rate for the fourth month in a row when it meets on Tuesday, with economists tipping a 50 basis point rise.

The Australian share market has shaken off fears of a slowdown in China to finish higher for a fifth day in a row, ahead of the Reserve Bank's expected hike in the cash rate on Tuesday.