News

The local share market has closed lower, with investors apparently treading cautiously as the war in Ukraine threatened to spill across the border into Poland.

Wages are tracking upwards, growing by 3.1 per cent in the year to September, but still failing to keep up with the rising cost of living.

Maritime mayhem threatens WA grain

The local share market has finished little changed for a second straight day, despite double-digit losses for a number of lithium producers.

Commonwealth Bank says its cash net profit after tax in the September quarter was up 13 per cent from the same time a year ago.

Consumer confidence has recovered a little after weeks of declines, with people feeling slightly less bleak about the future of their finances and the economy.

Technical setbacks hit Gorgon carbon capture project

The ASX's mining giants are hitting their highest levels in months, countering losses by the banks and consumer stocks.

Warrego Energy has agreed to a takeover offer from Kerry Stokes-backed Beach Energy, bypassing a competing offer from its joint venture partner, the John Poynton-chaired Strike Energy.

Reducing Australia's dependence on China will be an important step for securing the nation's resilience, as Anthony Albanese seeks a meeting with Xi Jinping.

Australians can expect the number of cyber attacks targeting their sensitive data to double, with a cyber security report making other key warnings.

Barrick Gold eyes De Grey Mining

The ASX has enjoyed its second-best day of gains since 2020, rising 2.7 per cent, after consumer price figures suggested US inflation has finally peaked.

The ASX has jumped 2.8 per cent in morning trade after US consumer price figures showed signs American inflation is finally peaking.

Labor risks new tax row with miners

The ASX200 has dropped 0.5 per cent ahead of the release of key US inflation data overnight.

Seven West Media's television revenue will likely drop by eight per cent in the first half, CEO James Warburton has told the company's annual general meeting.

Origin Energy shares have soared by a third after its board said it would recommend a $9-per-share takeover offer from Brookfield Asset Management.

Medibank hackers post first data

The local share market has closed higher for the fourth day in a row and 11th time in the past 13 sessions.

Forrest’s battle to save the seas from mining

The big banks and lithium miners helped the ASX200 jump another 0.36 per cent on Tuesday, despite sharp losses by the energy sector and James Hardie Industries.

Snowy 2.0 hydro caught in Clough cash crunch

The Australian share market has started the week up 0.6 per cent, with the mining sector enjoying its best performance in a month amid China reopening rumours.

Westpac has posted an annual profit of $5 billion-plus and says while interest rate rises will bite, many customers remain ahead on their mortgage repayments.

Visa review flags bigger industry role

The local share market has climbed in afternoon trading to finish Friday up 0.5 per cent, with energy and mining sectors particularly strong.

CEO Alan Joyce has told shareholders at its annual general meeting the airline is returning to its pre-COVID levels of service.

Rio Tinto’s new chair is cleaning house and planning the miner’s next steps.

State and territory authorities are bracing for an uptick in COVID-19 infections as new variants of the virus spread across Australia.

Cybercrime rises to one every seven minutes

The local share market has fallen sharply after the chairman of America's powerful central bank declared rate hikes had "still some ways to go".