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Vodafone back online after network outage causes chaos

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UPDATED: A major telco insists millions of customers still had access to emergency services despite its network going down for a large part of the day.

Wall Street sinks on bets Fed will hike rates

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The S&P 500 and Nasdaq closed down ‌by more than 1.0 per cent on Wednesday, as traders bet the Federal Reserve's next move would be a rate hike.

Shares reverse early losses as oil slide continues

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Australia's share market has clutched a fourth straight session of gains, buoyed by miners as oil prices extended losses with more details of the US-Iran peace deal emerging.

Hanson defies protest to call for 'monocultural' nation

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Pauline Hanson has called for a "monocultural" Australia as a protest crashed her first address to the National Press Club.

Wall Street ends mixed ahead of Federal Reserve meeting

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The Nasdaq Composite and the S&P ‌500 have finished lower under pressure from technology stocks while the Dow Jones Industrial Average marked its second straight record close.

Shares trim losses as RBA holds rates, outlook unclear

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Australia's share market has squared an early dip for an almost flat finish, after the Reserve Bank held the cash rate steady and flagged a data-dependent path ahead.

Federal govt warns consultancies on standards

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Consultancy firms working with federal government departments must uphold the highest ethical standards, a minister says, as departmental review into the conduct of a top four supplier gets underway.

Wall Street rallies on US-Iran deal

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Wall Street has rallied, with the Nasdaq climbing 3.0 per cent and the Dow marking a record-high close after the United States and Iran struck a preliminary agreement to end the Middle East war and reopen the Strait of Hormuz.

Shares surge as US and Iran strike peace deal

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Australia's share market has notched its best two-session performance since April following reports the US and Iran have agreed on the terms of a peace deal.

Reserve Bank meets with rates tipped to stay on hold

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Borrowers can finally expect relief from quickfire interest rate rises with the Reserve Bank poised to maintain the status quo for the first time in 2026.

Albanese backs Iran peace

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Australia has welcomed the US president's announcement of a deal to end the war in Iran and reopen a critical trading waterway after months of fighting and numerous false starts in negotiations.

ASX admits to misleading market

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The Australian Securities Exchange will pay a $20.5 million penalty to the corporate watchdog after admitting to misleading the market.

Wall St ends higher as SpaceX's market debut dominates

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US stocks ended higher on Friday as investors held out hope for a peace deal between Iran and the United States and as SpaceX shares surged in their debut, ‌making it Wall Street's biggest public listing in history.

Shares rally as traders bet on peace deal

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Australia's share market has posted its best week in two months after days of escalating attacks between the US and Iran gave way to optimism around a potential peace deal.

SpaceX prices record $US75 billion IPO

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SpaceX will rank seventh among US-listed ‌firms when its shares begin trading on the Nasdaq, after the company announced its initial public offering.

Productivity sinks to post-pandemic low

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Poor productivity is bedevilling the Australian economy, with levels heading in the wrong direction for Treasurer Jim Chalmers.

Wall St indexes jump, as strikes against Iran cancelled

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US stocks ended sharply higher on Thursday, with indexes extending gains after US President Donald Trump said he cancelled planned strikes against Iran.

Shares creep lower as BHP rebounds

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Australia's share market has trimmed its early losses but ultimately ended the session lower, with a mining sector rebound unable to overcome resurgent fears as the US and Iran trade strikes.

Wall Street slides as investors worry about tech

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The major US stock indices have ended more than one per cent lower, with chipmaker shares extending recent declines ‌and with renewed tensions between the United States and Iran adding to investor uncertainty.

Shares lift as rate-sensitive stocks rise

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Australia's stock market has snapped a three-session losing streak, as interest rate-sensitive stocks rallied on hopes the Reserve Bank is finished hiking rates.

Motorists brace for higher prices as fuel tax cut ends

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Australia is unlikely to extend the temporary halving of the fuel excise, as conflict in the Middle East breaks out ending the fragile ceasefire.

More swings for AI stocks drag Wall Street back on the roller coaster

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Another sudden reversal for high-flying artificial-intelligence stocks sent Wall Street reeling on Tuesday.

Shares trim losses as NAB predicts rate cut

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Australia's share market has trimmed early losses after NAB economists predicted the Reserve Bank is done hiking interest rates, while miners were under pressure from heavy commodity prices.

Businesses MIA on rooftop solar

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Australian households are generating nearly four times as much solar energy as retailers, manufacturers and other non-residential buildings, with most commercial rooftops panel-free.

Wall Street closes mixed as tech rebounds

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US stocks have ended ‌mostly higher, led by gains in the Nasdaq and chipmakers as investors sought bargains after Friday's sharp sell-off.

Labor gets 'message' after historic poll for One Nation

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Labor insists it's implementing "big changes" as voters abandon the major parties, with new polling showing Pauline Hanson's right-wing party is the most popular for the first time.

Wall Street ends sharply lower as chips stocks slide

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Wall Street's nine-week winning streak has ended with a thud as red-hot technology stocks suffered their ‌largest daily decline since April 2025.

Shares drop as metals prices weigh on miners

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Australia's share market has ended the session and the week lower as softening commodity prices and stalled Persian Gulf peace talks dent investor sentiment.

Watchdog inquiry launched into KPMG

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The head of ASIC has confirmed a broader investigation is under way into Big Four consulting firm KPMG following allegations from whistleblowers.

Wall St ends mixed as chip sell-off weighs on Nasdaq

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Wall Street has advanced as progress toward ending the Iran war buoyed investor sentiment, while disappointing results from Broadcom led a chip sell-off that pulled the Nasdaq lower.

Tax changes won't deliver productivity or GDP boost

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Changes to negative gearing, capital gains tax and trusts have not raised Treasury's assumption that productivity will grow at 1.2 per cent in the medium term.

Investors flee to safety as business confidence wanes

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Australia's share market is on track for a negative week as US-Iran tensions and wobbles in the US tech narrative weigh on an already grim growth outlook.