News

Rex flight sales cut in survival bid

The ASX200 finished down 0.5 per cent after slipping more than twice that in early trading, while Fortescue Metals fell to a 20-month low.

Labor faces inflation, rates test

The ASX200 briefly reclaimed the 8,000 level as traders wait for what one analyst calls the biggest data point of the year for Australia's market.

Immigration, housing, IR reshuffled

The Australian share market was 0.8 per cent higher at the bell following goldilocks US economic data and a rally across mining stocks.

The prime minister has joined forces with the leaders of Canada and New Zealand to call for an immediate ceasefire in Gaza.

Heat on ANZ top brass

Every sector of the Australian share market has lost ground as stock markets weaken worldwide on lacklustre earnings from US tech firms.

Green push ‘could make us poorer'

Australian shares have eased on weakness in property and energy as US big tech earnings underwhelmed and commodity prices fell.

The communications watchdog has warned 10 telcos for breaching new standards designed to help customers struggling to pay internet and phone bills.

Longo suspects ANZ broke law

The ASX200 has snapped a three-day losing streak led by tech stocks, while the Australian dollar closed lower for a seventh consecutive day.

US stocks have closed higher as investors bought shares in major tech firms after a three-session sell-off.

Woodside splurges in US on gas dream

The ASX200 dropped 0.5 per cent as US President Joe Biden stood down from his re-election bid and a new front opened in the Middle East conflict.

A recovery in home building is coming but will take time and is still expected to fall short of the 1.2 million national target.

Coalition takes lead in popular vote

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.

Dutton puts CFMEU on poll agenda

The ASX200 has fallen 0.3 per cent with the small tech sector suffering its worst loss since April after a similar sell-off in the US.

Labor's hydrogen goal stalls as Fortescue trims ambitions

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'.

PM to push aside union bosses

The ASX200 has finished 0.2 per cent lower, dragged down partly by losses from BHP and Rio Tinto, but still notched its second-highest close ever.

Producers will gain a competitive advantage from a scheme offering proof of low emissions in fuel, building materials and other exports, the government says.

ASX tops 8000 in global market rally

The ASX200 rose 0.7 per cent to close above 8,000 for the first time ever, more than four years after it broke through the 7,000 level.

The prime minister says peaceful democratic processes can't be taken for granted, following the attempted assassination of former US president Donald Trump.