AAP

Pernod Ricard has sold most of its portfolio of international wine brands, including Australia's Jacob's Creek, Orlando and St Hugo, to a consortium.

Local shares have closed at an all-time high for the eighth time this year, with all sectors gaining ground amid a global lift in sentiment as well as record gold prices.

The last mile to beat elevated inflation is proving challenging, the International Monetary Fund says, and could keep interest rates higher for 'even longer'.

The ASX200 has finished 0.2 per cent lower, dragged down partly by losses from BHP and Rio Tinto, but still notched its second-highest close ever.

Producers will gain a competitive advantage from a scheme offering proof of low emissions in fuel, building materials and other exports, the government says.

The ASX200 rose 0.7 per cent to close above 8,000 for the first time ever, more than four years after it broke through the 7,000 level.

The prime minister says peaceful democratic processes can't be taken for granted, following the attempted assassination of former US president Donald Trump.

The local share market has closed at its highest level ever after a bigger-than-expected inflation drop in the United States firmed bets the Federal Reserve will cut interest rates in September.

Deputy Prime Minister Richard Marles will head to the UK following a key NATO security summit in the first ministerial visit since Labour swept to power there.

The ASX200 has finished up 0.9 per cent to nudge an all-time high following further dovish testimony by Federal Reserve chairman Jerome Powell.

The ASX has clawed back most of its morning losses to finish 0.2 per cent lower after the US central bank chairman's testimony failed to sway rate expectations.

Further support for Ukraine is set to be announced at a key NATO summit as Kyiv calls for aid after a Russian missile barrage struck a children's hospital.

The ASX200 finished up 0.86 per cent ahead of overnight congressional testimony by Fed chairman Jerome Powell.

US stocks have closed mostly higher as investors wait for the release of a key inflation report.

The ASX200 fell 0.76 per cent during trading, with the energy and mining sectors the leading decliners on a drop in oil and iron prices.

US stocks have closed higher as investors digested payrolls and unemployment data.

The ASX200 dipped slightly on Friday but finished the first week of the financial year in positive territory, with a 0.7 per cent gain.

Australia's domestic gas market may run into shortfalls as soon as 2027, a year earlier than the consumer regulator's last estimate.

The ASX200 has risen 1.2 per cent to hit a nine-day high while the Australian dollar rose above 67 US cents for the first time since January.

After months of fast-rising rents, momentum is starting to tip in favour of tenants as more homes become available.

The ASX200 finished up 0.3 per cent after supportive comments by US Federal Reserve chairman Jerome Powell and better-than-expected domestic retail sales data.

The ASX200 fell 0.4 per cent after Reserve Bank minutes indicated that a central bank's August meeting would be "live," with a chance for a rate hike.

The ASX200 finished 0.2 per cent lower, despite strong gains for coalminers, amid an election in France, a looming vote in the UK and questions about Joe Biden.

US stocks have closed lower as investors digest an inflation report largely in line with expectations.

The ASX200's early gains on Friday faded in the afternoon, but it still finished June and 2023/24 in the green.

The federal treasurer has approved ANZ's plan to buy the banking arm of insurer Suncorp under a million-billion dollar deal, subject to conditions.

After plummeting as much as 1.7 per cent in early trading, the ASX200 has rebounded through the day to finish 0.3 per cent lower from where it began.

The ASX 200 finished down 0.7 per cent after domestic inflation came in hotter than expected for May.

A four-to-five-week trial has been set down for Liberal Senator Linda Reynolds' high-profile defamation lawsuit against her former staffer Brittany Higgins.

Billions of dollars in funding have been allocated to states and territories in Labor's plan to address shortfalls in social housing and homelessness services.

The ASX200 finished up 1.4 per cent to close at its highest level since June 7, with every sector in the green.

Cost pressures are still looming over Australian manufacturers but demand for their goods is starting to improve in a welcome sign for the sector.