News

The local share market has suffered its biggest loss since March 20 as the US debt ceiling talks drag on with no end in sight.

How to process critical minerals the big debate

The local bourse has dropped 0.6 per cent to hit a five-day low as debt ceiling talks continue in the US, with no sign of an imminent resolution.

Gas power key to Forrest’s green dream

The local bourse has had another quiet day, with a drop in the materials sector and a rise in financials.

US stocks closed aimlessly with investors still awaiting a debt ceiling decision.

BHP ‘right to fear’ $1.3b wages hit

The local share market has finished down 0.2 per cent amid jitters that the United States might default on its debts as soon as June 1.

Bigger slice of US billions on table

The local share market has finished the day up 0.6 per cent, to end the week up 0.3 per cent amid optimism over US debt ceiling talks and the global economy.

Beijing courts Albanese

An unexpected rise in unemployment has helped boost the local share market, as it eases fears the Reserve Bank will raise rates again next month.

The malfeasance and missteps of the 1980s and 1990s have been ironed out as the economic wheels turn.

The employment minister has rejected claims a rise in minimum wages would put further pressure on inflation and interest rates.

US no-show rattles faith

RBA turns up interest rate heat

The local share market has finished 0.45 per cent lower, with every sector in the red except for mining.

Members of a group leading education programs on the Voice to Parliament are urging universities to get involved in the upcoming referendum.

Consumers remain down in the dumps, with financial sentiment back to its lowest level since April 2020, but there is some optimism about the economy's future.

King hails carbon capture

The local share market recovered from minor morning losses to finish in the green and at the highs of the day, up 0.1 per cent.

John Phillips played a key role in initiating the global expansion of GHD, which has grown to become one of the biggest engineering consulting firms in Australia.

Retailers warn on 7pc wage claim

The energy and materials sectors are weighing down shares as the local market prepares for the release of wage and employment data.

US stocks closed in a slump on the back of news Disney was losing subscribers and another regional bank, PacWest, took a dive.

Coleman’s vision nudges reluctant Livent to join mega lithium deal

Better-than-expected US inflation figures has kept Australian shares basically flat, with growing concerns about the debt ceiling.

Premier and Treasurer Mark McGowan is expected to reveal a healthy surplus and spending to fight inflation in the WA budget.

Dire building figures fuel homes crisis

Australian shares finished lower ahead of US inflation data announcements, with hopes the Federal Reserve will resist rate hikes in the coming months.

Higher spending, deficits keep pressure on rates and taxes

Local shares have finished lower ahead of the federal budget but market analysts say it is typical for the May trading period.