News

$2b boost for critical minerals

The ASX200 finished up 0.2 per cent as bond yields fell and Israel failed to launch its anticipated ground invasion of Gaza.

Marked down goods may be nudging more consumers to splash out even as household balance sheets remain under pressure.

PM unveils $5b big tech spend

The ASX200 has fallen 0.8 per cent to its lowest level in 51 weeks as fighting worsens in the Middle East.

Prime Minister Anthony Albanese will discuss the AUKUS partnership with US lawmakers as part of his focus on the Indo-Pacific region.

Wine tariff deal as PM to meet Xi

The local share market lost 1.2 per cent on the day and 2.1 per cent for the week on rising US bond yields and broader fighting in the Middle East.

US stocks have dropped after Federal Reserve chair Jerome Powell said the economy's strength and tight labour markets could warrant further rate hikes.

Oil: Chalmers warns on inflation

The ASX200 has fallen below 7000, again putting the benchmark index in the red for the year, amid fears about the conflict in the Middle East.

The unemployment rate has edged lower to 3.6 per cent from 3.7 per cent as more people move into the labour force.

Biden arrives amid Gaza chaos

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.

Biden’s high-risk Israel mission

The local share market finished up 0.4 per cent, with stronger gains fading after the Reserve Bank highlighted it had a "low tolerance" to inflation.

Hopes rise for escape from Gaza

Market sentiment has turned as Israel prepares to launch its counter-offensive, with the ASX finishing down 0.35 per cent.

Former WA MP James Hayward will spend at least 16 and a half months behind bars for sexually abusing a girl aged between six and eight.

Bruised Labor back to basics

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.

United Israel closer to invasion

The local share market has technically extended its winning streak to six days, with seven of the ASX's 11 sectors finishing in the green.

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.

Airlifts out of Tel Aviv

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.

Mortgage payments are at a record share of household disposable income, says a senior Reserve Bank official, and are expected to rise even further.

US warns off ‘complicit’ Iran

The ASX200 index finished 1.0 per higher following dovish remarks by several US Federal Reserve officials overnight.

US Defence stocks up, index adds 5.6 per cent; Energy biggest S&P sector gainer; Indexes up: Dow 0.59 per cent, S&P 0.63 per cent, Nasdaq 0.39 per cent.

Faltering energy transition puts industry plans at risk