A drop in metal prices contributed to the ASX200's 0.8 per cent fall on Friday, but the index managed to extend its weekly winning streak to three weeks.
The coalition will introduce laws to federal parliament to bring back the construction sector watchdog after allegations of crime links within the CFMEU.
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'.
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 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.
