Australian shares gave up their gains after a hotter-than-expected domestic inflation report dramatically increased the odds of another rate hike next month.
Cameron Blaine, who became the face of the dramatic Cleo Smith rescue mission in 2021, has resigned from WA Police ahead of a looming Corruption and Crime Commission report.
US stocks have dropped after Federal Reserve chair Jerome Powell said the economy's strength and tight labour markets could warrant further rate hikes.
The local share market has climbed for a second straight day, rising 0.3 per cent as China announced its economy grew faster than expected in the third quarter.
The Australian share market has closed 0.6 per cent lower following a slightly hotter-than-expected US inflation report that put rate hikes back on the table.
WorkSafe has charged two companies over the death of the 23-year-old apprentice who fell 20 metres from a roof under construction at Curtin University in 2020.
The new head of PwC Australia has apologised at a Senate hearing for the firm's role in passing on confidential Treasury information to private sector clients.
The ASX200 has finished up 0.7 per cent in its fifth straight day of gains amid a pullback in US bond yields and reports of new stimulus measures from Beijing.
