News

Budget fix needed after the election

Energy shares and the oil price had an end-of-week surge but the Omicron coronavirus threat sent the Australian market to its fourth consecutive week of decline.

Fuel crisis threat to supply chain

Western Australian Business of the Year winner Hera Engineering grew from a mission to deliver quality over quantity.

In four decades, Doug Brooks has taken Brooks Hire Service from a small Wheatbelt-based operation to a thriving national business.

ASX investors are proving resilient to overseas gloom about earlier stimulus-tapering and Omicron after a second consecutive afternoon rally cut losses.

Global car rental giant Europcar has expanded its footprint in Western Australia after signing a long-term franchise agreement with Bassendean-based Aus Fleet Solutions Group.

Tuckwell close to launching crypto ETF

A second-half rally on the Australian share market has almost overcome jitters about the prospect of earlier tapering of stimulus in the US and the latest coronavirus variant.

Liontown Resources ready to roar with $450m raise

A late slide on the ASX has muted an Omicron recovery while more nations including Australia paused overseas arrivals due to the latest coronavirus strain.

Business wary of new variant overreaction

Shares on the ASX dipped due to concerns over the coronavirus Omicron variant, as the world waits to learn more about the threat.

Australian company profits rose four per cent in the September quarter despite the nation being in the thick of a series of COVID-19 restrictions, which saw half the population in lockdown.

Omicron arrives, ASX to tumble

Australian shares have recorded their biggest slide in nearly two months amid rising concerns that a new coronavirus variant will affect global reopening prospects.

Blackstone in talks with Packer

Investors have cautiously advanced the ASX after Korea became the second nation in two days to try and ward off inflation by raising rates.

Payroll jobs continue to recover from the impact of the most recent COVID-19 lockdowns, rising in the second half of October.

Mine watchdog blast

Energy shares provided spark and New Zealand raised rates, but there was little to make ASX investors move the market on Wednesday.

Atlas maps out iron-clad profit for a third year

Fortescue Metals shares surged almost 10 per cent as ASX investors bought iron ore miners on the prospect of stimulus for a slowing Chinese economy.

Demands for those who won't get a jab

Investors sent the Australian share market lower to start the week following concerns more coronavirus lockdowns in Europe could damage global growth.

A young worker has died after being struck on the head at a construction site in North Coogee this morning.

Forrest bid to end diesel subsidy

ASX investors have recovered some losses from the week as inflationary pressures stay top of mind in Australia and abroad.

Rinehart's Roy Hill in $4.4bn profit

Improving appetite for gold and mining shares in response to inflation and Chinese activity has helped the ASX close higher.

The Morrison government is resisting calls by business and others to fast-track the migration intake between now and the federal election amid fears such a move could hamper wages growth

Commonwealth Bank shares plunged and the Australian market had its steepest loss for November for a second consecutive day.