News

Cost pressures are still looming over Australian manufacturers but demand for their goods is starting to improve in a welcome sign for the sector.

New blow to Labor’s tax hit on super

The ASX200 has fallen 0.8 per cent to wipe away the previous week's gains as traders brace for more worrying inflation data.

Laws being introduced to federal parliament would seek to force governments to meet targets to build new homes and improve affordability.

Armaguard wins deal to rescue cash

The Australian share market has finished slightly higher as investors' attention turns to the end of the financial year.

A parliamentary inquiry into social media is expected to probe why Meta abandoned deals with local media outlets, as well as proposed age limits.

Guzman y Gomez IPO pop to $3b lifts hopes for listings

The ASX finished flat in quiet trading with US markets closed for a public holiday, but Guzman y Gomez shares soared 36 per cent in its debut.

Insolvencies for Australian businesses have reached a record high as high inflation, elevated interest rates and weaker consumer demand squeezes margins.

Dutton sets up nuclear election

The ASX200 has closed 0.1 per cent lower as markets reflect on a hawkish undertone in the Reserve Bank's interest-rate decision.

RBA warns on budget spending

The ASX was up 1.01 per cent at the end of the day, with gains across the board as the Reserve Bank chose to hold off on changing interest rates.

If Australia scraps its climate targets on a promise of nuclear power, the economy may suffer as other nations will tax Australian exports, a mining CEO warns.

‘Candid’ meeting clears the air

The ASX200 has fallen 0.3 per cent, with losses for uranium producers and gains for goldminers, as investors await the outcome of the RBA's two-day meeting.

Interest rates are expected to be held steady by the Reserve Bank of Australia at its upcoming meeting as it keeps all options on the table for its next move.

Living costs and climate batter Labor

The ASX200 finished Friday down 0.3 per cent in its third losing day out of the past four sessions.

Store sales may save $8.8b Chemist Warehouse deal

The ASX200 has finished 0.4 per cent higher after US inflation eased in May, even as the Federal Reserve predicted just one rate cut in 2024.

The PwC tax leak scandal has gone beyond Australian borders and everyone deserves to know who exactly was involved, a senator says.

Check-up for private hospitals

The ASX200 finished down 0.5 per cent, with every sector except for energy in the red ahead of a US inflation readout and a Federal Reserve meeting.

Nationals leader David Littleproud has come out against emissions reduction targets by the end of the decade, saying they would destroy the economy.

Green power winners may not happen

The Australian share market has suffered its worst session in seven weeks, slumping badly after a blowout US jobs report pushed back expectations for when interest rate cuts would begin.

Companies that don't comply with a ban on gamblers using credit cards for online betting face hefty fines, but the new rules don't apply to online lotteries.

Alarm over return to climate wars

A push too far: Costello quits

The ASX200 finished Friday up 0.5 per cent for the day to close at a three-week high.