News

The local share market has finished slightly in the red for a second day in a row after a choppy session, as some traders likely took profits after a stupendous start to the year.

The government's climate policy is being pincered by the opposition and the Greens, forcing Labor into a battle on two flanks.

The outlook for the global economy has improved marginally, with inflation likely past its peak and trending down over 2023 and 2024.

Australia is building closer trade ties with an Asian giant, and it’s not China.

Hancock, Strike head towards end game on Warrego 

The local share market fell 0.2 per cent, with traders possibly taking profits ahead of a week dominated by more global rate hike decisions.

Rio Tinto has announced an investigation into how a tiny, toxically radioactive capsule went missing on the journey from a WA desert mine site to Perth.

Chinese students told to return overseas immediately 

The local share market added 0.3 per cent on Friday, as investors adjust to the likelihood of higher interest rates.

Businesswoman Paula Rogers has been named as the new head of the Committee for Perth.

Jordan Murray and Matt Mckenzie discuss daylight saving. Plus: today's top headlines.

WA premier assures Japan on gas supply

The legal row involving deceased CFC Group boss Marc Cardaci’s trusts continues with two companies slated to be wound up if $4.6 million is not repaid.

Perth has suffered its worst inflation in 32 years in 2022, with a big jump in the December quarter. Plus: Perth's biggest price rises in 2022.

Evolution puts mill expansion on table

The local share market was lifted by mining and technology shares a day ahead of official data on December quarter inflation.

Momentum is starting to slow down in the economy as the post-COVID rebound starts to fade.

More women are taking top roles at Australia's economic and financial institutions but they are still under-represented in leadership.

Inflation hopes drive ASX higher

Russian oligarch Oleg Deripaska, who is banned from Australia, is taking legal action against the foreign affairs minister with help from Perth-based representation.

Sentiment in the local share market remained cautious ahead of inflation data as the benchmark index settled after hitting a fresh nine-month high.

Deloitte Access Economics warns Australia could fall into a recession if the central bank lifts interest rates again, with households already hurting.

Collapsed Clough owes creditors $248m

The local share market has finished 0.2 per cent higher in a choppy session that puts it at a fresh nine-month high, up 5.87 per cent so far this year.

Super Retail Group allegedly underpaid workers by more than $1 million and is being taken to court by the Ombudsman for contraventions of the Fair Work Act.

NZ Labour left in trouble

The local share market has advanced after weaker-than-expected December labour market figures raised expectations of a rate hike pause by the Reserve Bank.

Premier Mark McGowan will visit Japan and South Korea next week for trade and investment talks.

Australia's unemployment rate remains stuck at 3.5 per cent, with 14,600 jobs disappearing from the economy in the latest official statistics.

China ‘open for business’

The local share market has had its second quiet day in a row, finishing 0.1 per cent higher as the Bank of Japan left interest rates unchanged.

The Italian migrant played a key role in building United Construction and Monadelphous into two of Australia’s most successful engineering and construction contractors.