News

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.

PM: Surplus trumps pain from prices

The ASX200 rose 0.8 per cent to climb back above the 7,000 level amid strong gains by the energy and mining sectors.

Labor to force states to pay for bigger share of projects

The local share market has finished down 0.4 per cent, with every sector in the red except for utilities.

Telcos hit with strict cyber rules

The local share market finished down 0.6 per cent after Federal Reserve chairman Jerome Powell said more interest rate hikes might be needed.

The Nasdaq and S&P 500 have ended their longest winning streaks in two years after a disappointing bond auction and the Fed chair's warning about rates.