The federal energy minister has launched a strident defence of gas, claiming those against expanding the fossil fuel's role in Australia are against the interests of the nation.
Emergency Services personnel continue to provide support to those in the state's Mid-West after Tropical Cyclone Seroja cut power to properties and damaged homes.
Australia's main share market index closed at its highest level since the coronavirus crash, as the US Federal Reserve joined its Australian peer in reiterating rates will not rise soon.
The impact of myriad Chinese trade sanctions on Australian goods in the past year has been "quite limited", with most exporters managing to find other markets, according to a new report.
The International Monetary Fund's upgrade of the Australian economic outlook confirms the nation has outperformed all major advanced economies over the past year, Treasurer Josh Frydenberg says.
The Australian share market has closed with solid gains in its first trading session after the Easter holidays, with investor sentiment bolstered by overseas markets and news of a trans-Tasman "travel bubble".
Australia's share market had a downbeat day as spikes in bond yields prompted investors to sell equities, while Brisbane's growing coronavirus outbreak hit Easter travel plans.
Shares closed a little lower on the Australian market as a coronavirus lockdown unfolded for Brisbane, and the refloating of a ship blocking the Suez Canal caused oil prices to fall.
Australia's resources and energy exports are forecast to reach a record $296 billion in 2020/21, despite the global economic downturn driven by COVID-19.
Investors have had their best week on the ASX in the past seven, while the surging buy now, pay later sector may be the best indicator of any effect on shares from the end of the JobKeeper wage subsidy.
