News

Chinese ties cut miners from US cash

The local share market has recouped most of its morning losses to finish down 0.2 per cent, ending the week in positive territory.

States insist GST fix for NDIS deal

The ASX200 had a strong afternoon, turning around its slight morning losses to close the day up 0.74 per cent.

Banks call for crisis talks as cash transport giant teeters

The local share market finished 0.3 per higher after October's inflation readout came in cooler than expected.

Inflation cooled to 4.9 per cent over the 12 months to October, down from the 5.6 per cent growth recorded by the Australian Bureau of Statistics in September.

Households coping well, says Bullock

The Australian share market finished up 0.4 per cent, while the local currency hit its highest level against the greenback in four months.

The Reserve Bank is set to scrutinise the latest retail trade figures as it continues its battle to wrestle inflation back to its target rate.

Small firms ‘propping up’ cash flow, ATO warns

The ASX200 has fallen almost 0.8 per cent, with every sector except technology losing ground as China issued a warning on iron ore pricing.

US stocks have closed mixed as investors digested data pointing to possible slowing economic conditions.

China link to firm in rare earths fight

The local share market closed the day 0.2 per cent higher but finished the week down 0.1 per cent.

AusSuper blasts ‘low-ball’ offer

The local share market closed down 0.6 per cent to hit its lowest level in a week following a speech by RBA governor Michelle Bullock.

Bowen acts to ease green energy fears

The ASX200 finished 0.1 per cent lower, in the bourse's fourth straight session of quiet trading during a holiday week in the United States.

The Reserve Bank fired off an interest rate hike last month to take out insurance against lingering inflation risks, minutes from a board meeting confirm.

Bullock: Pay growth risks higher rates

The local share market finished 0.3 per cent higher, even as the Reserve Bank minutes opened the door for a potential December rate hike.

Optus top job up for grabs as CEO quits

The ASX200 has finished 0.1 per cent higher while oil prices have rebounded after hitting a four-month low.

Work from home win for bosses

The local share market dropped 0.1 per cent for the day, but finished the week up 1.1 per cent after strong gains on Tuesday and Wednesday.

A Senate inquiry into a 12-hour Optus outage that affected millions of Australians has revealed hundreds of triple-zero calls were unable to go through.

Optus CEO Bayer Rosmarin considers stepping down

The local share market started higher but finished 0.7 per cent lower after a strong labour market report raised fears of more rate hikes next year.

King swings the axe on road, rail

The local share market rose 1.4 per cent to an eight-week high after US inflation data suggested the rate-hiking cycle in the world's largest economy is over.

Official data will reveal how quickly pay packets expanded over the last quarter as minimum and award wage increases kicked in.