There are signs that some Australian businesses that have been propped up by government support measures during the coronavirus pandemic are calling it a day.
Australia's share market reached its highest level since the coronavirus pandemic took hold in March and finished higher for the seventh consecutive session.
Australia's share market closed higher for its sixth consecutive session, helped by bank and technology stocks, after trading flat for most of the day.
Australia's share market had its best week since April, albeit with a flat today, after investors smiled at the federal budget and regained hope for US economic stimulus.
Australia's share market has closed above 6,000 points for the first time since early September after a big-spending federal budget helped widespread gains.
Qantas and Jetstar have won a Federal Court case launched by a union after ordering aircraft engineers to stop work without pay amid the COVID-19 crisis.
Billionaire James Packer agrees he engaged in shameful and disgraceful conduct by threatening a businessman over a proposal to privatise Crown Resorts.
Wage help for the young. Bosses who give a job to an unemployed young person will receive a wage subsidy from the government under a measure to help bring down the jobless rate.
Australia's share market has had its best session since June 16 as fund managers bought in after a negative September and a big-spending federal budget looms.