News

A blockbuster US retail sales report for January and a surprise increase in Australian jobless claims have pushed Australian stocks 0.8 per cent higher.

Recovery crews have been working through the night to access the location where two miners are believed trapped after a collapse at a north Queensland mine.

Gold miner Newcrest has rejected a takeover bid from US giant Newmont, instead rewarding shareholders with a massive dividend.

The average value of invoices between businesses in January fell to its lowest level since 2015, while trade payment defaults have been trending upward.

Standard Chartered gets the golden ticket at Chalice Mining

The ASX has fallen 1.1 per cent, its biggest drop in six weeks, driven by the big banks and higher-than-expected US inflation figures.

The federal government will need to agree to stop new coal and gas projects opening if it wants the Greens' help on a signature emissions reduction measure.

Australia's biggest lender has lifted its half-year cash profit by 9 per cent and lifted interim dividend by 20 per cent to $2.10 a share.

The Reserve Bank's former governor has delivered a scathing assessment of its recent performance as current chief Philip Lowe faces a parliamentary grilling.

Nod for Santos project eases pain of write-down

The Australian share market has finished up 0.2 per cent ahead of the release of another inflation readout in the US.

Mining royalties paid to all Aboriginal groups in WA are less than half the amount paid to four wealthy families, new research has found.

With the coalition set to oppose a major Labor election promise on housing, the Greens want a number of improvements to the proposed $10 billion fund.

The latest cash rate hike has mortgage holders worried as consumer confidence sinks to the lows of the pandemic.

China moves to wind back beef, timber bans

The local bourse closed down 0.2 per cent, its fifth day of losses in the past six sessions, as one of the busiest weeks of Australian earnings season began.

Cabinet minister Bill Shorten has defended Philip Lowe's decision to give a private briefing to bankers about interest rate rises.

Rio Tinto’s jarrah forest foray stirs up turf war

Australian shares have finished down 0.8 per cent for the day and 1.7 per cent for the week as optimism fades for a central bank pivot away from rate hikes.

As many as 300 Western Australians could fall behind on mortgage payments for each 25 basis point rise in interest rates. Click through for Perth’s mortgage map.

Work at BHP’s WA iron ore mines is slowly getting back underway following the death of a 51-year-old employee on Tuesday.

A telecommunications company has become the first to breach Australia's strict anti-SMS scam rules after failing to comply with new industry regulations.

Chalice Mining movement stirs up dust, eyes on Hancock 

The ASX has had its worst loss in over a month after US Federal Reserve officials flagged more action to combat inflation was needed.

Fortescue Metals Group says it will not be pushed into 'breaking the law' or releasing private staff records in a scathing response to allegations made public this week by WorkSafe.

Less than 24 hours after being hit with charges for failing to supply documents to WorkSafe, Fortescue Metals Group is now being forced to answer on the future of more than 1,000 jobs.

Collapsed builder Jaxon Construction is suing a Subiaco-based engineer for alleged negligence they claim led to severe cracking in a slab during construction of the Enclave Apartments in East Perth.

Housing Minister Julie Collins has introduced legislation to set up a housing future fund which aims to increase the number of social and affordable homes.

The trade minister says an improvement in the trade relationship with Beijing is welcome as the first coal shipment in years awaits Chinese customs clearance.

Nine snatches Olympics in $305m deal

The ASX200 has finished up 0.35 per cent after Federal Reserve chairman Jerome Powell struck a moderate tone in a question-and-answer session in Washington.

Fortescue Metals Group has been charged with 34 counts of failing to supply documents to WorkSafe relating to alleged sexual harassment at its WA mine sites.