Investors have helped deliver gains to Australia's share market, along with most Asian markets, and may be looking to a rosier future since the US approved a coronavirus vaccine.
Australia's share market delivered gains for the seventh consecutive session but an investment strategist did not think the `Santa Claus rally' investors crave will eventuate.
Iron ore miners have powered the Australian share market higher, however strong Chinese demand for the commodity could still hit a snag according to an analyst.
Investors have enjoyed a fifth consecutive week of gains on the share market, but returns are becoming limited and a climbing Aussie dollar could pose trouble.
Miners have surged on the Australian share market after developments that bode well for iron ore and coal exporters, with the main indices closing higher.
ASX investors have started the month with gains after a broad-based rally, as Australia prepares to exit recession when GDP data is published on Wednesday.
The ASX200 has had its best month on record, gains of 9.96 per cent coming from investors' belief that a coronavirus vaccine that will return the world to normal is on the way.
A second consecutive day of losses for the Australian share market and its slimmest weekly gain for November show investors may have refocused on the troubles of the pandemic, an analyst says.
Streaming services such as Netflix and Amazon Prime would have to meet Australian content requirements under a federal government proposal to help local production.
Former Reserve Bank of Australia governor Glenn Stevens once told parliamentarians that the Australian business community was lacking the "animal spirits" that were needed to drive economic growth.
An Australian mother has been left heartbroken after her attempts to help hundreds of other families with babies return home elicited silence from the government.
