Australian shares have finished up 1.75 per cent after a whipsaw session on Wall Street, which staged one of the biggest one-day reversals in its history.
Inflation remains public enemy number one as the treasurer expects the US central bank to keep hiking rates aggressively in response to a higher-than-expected inflation print.
The local share market has closed almost unchanged overall for a second day in a row, but the big banks finished ahead and Qantas rose on its profit outlook.
The $73 million workforce camp plan for battery minerals giant Albemarle’s growing Kemerton lithium plant may be in jeopardy, with the Shire of Harvey urging the planning body to reject it.
The local share market has spent the day treading water, finishing little changed from where it began with gains for the banking sector and losses for miners.
The local share market has lost ground for a third day in a row, while the Australian dollar sank under 63 US cents for the first time since April 2020.
Several investigations have been launched following the massive Optus data breach, including one by the Office of the Australian Information Commissioner.
Defence Minister Richard Marles has promised more oversight after identifying billions of dollars in budget blowouts and major delays in military projects.
Business confidence is approaching lows not seen since the beginning of the pandemic, according to a survey by CCIWA, but the construction industry has a much improved outlook.
EXCLUSIVE: The state coroner's office has confirmed it is investigating disturbing claims from a metropolitan hospital doctor that a patient was taken to the morgue before they had died.
The legal fees Joe Scaffidi and his brother Gino incurred while locked in a seven-year feud will be paid for by the very estate the pair have been sparring over.
The nation’s central bank has reacted to concerns about the pace of interest rate rises with a softer-than-expected decision, lifting the official cash rate 25 basis points to be 2.6 per cent.
