News

Woolworths says that inflation accelerated during the September quarter, with food prices rising an average of 7.3 per cent.

Bookies face probe into dirty money

The ASX200 has finished slightly higher after crossing above and below the key 7000 level for most of the day.

The team-building skills and discipline Andrew Hastie needed to survive on the battlefield have clear applications for his political career.

Blowtorch on WA to help ease energy crisis

Australian shares have climbed 1.65 per cent, with all sectors gaining ground after the RBA announced a rate increase that was in line with expectations.

The cash rate has been hiked for the seventh consecutive month, up 25 basis points to be 2.85 per cent, as the Reserve Bank predicts inflation will hit 8 per cent this year.

Power authorities in Western Australia will start sending text alerts to customers this summer if power cuts are possible.

Australia’s biggest lithium mine generates bumper takings for IGO

The ASX has finished Monday up 1.2 per cent to cap off its second-best month of the year, with a busy week of central bank hikes to come.

Clough executives exit amid pressure

The local share market has finished down 0.9 per cent, with big losses for the mining giants after government statistics showed a drop in iron ore exports.

Workplace Relations Minister Tony Burke says he's having productive discussions with industry groups about new worker laws.

Rio's Labor IR warning

The Australian sharemarket has posted it fourth consecutive day of gains, equalling a streak last set in mid-September.

ANZ has beaten earnings expectations across the board, but the results don't appear to have been strong enough to impress the market.

Nation’s coveted AAA credit rating is safe

The local share market has managed to stay in positive territory - just - after third-quarter inflation came in higher than expected.

A one-off subsidy on power bills has helped Perth prices drop 0.5 per cent in the September quarter, while national inflation hit 1.8 per cent for the quarter.

Australians are facing a tough couple of years after the Albanese government's first budget warned power bills will rise and real wages will fall.

Super, states tapped to build 1 million homes

Treasurer Jim Chalmers has opted to modestly grow spending in his first budget, as surging tax revenue helps cut the federal government’s deficit.

Ochre Workforce boss Joanne Pellew, who is awaiting trial over claims she lied to ASIC, has asked a court for permission to peer into the books of an enterprise she was once part of.

The Australian share market has risen for a second day, closing up 0.28 per cent despite losses among miners and oil producers.

New wagering group Betr has reportedly bowed out of the bid for the state government’s $1 billion betting agency, just weeks after being declared the frontrunner ahead of its national launch.

Treasurer Jim Chalmers will unveil a plan in Tuesday night's budget to build 1 million new homes by bringing together governments and other partners.

A convicted killer caught up in Perth Mint’s governance saga speaks out.

Big hydrogen warns chips delay to slow power push

Andrew and Nicola Forrest have opened the possibility of having separate CEOs for their investment company and their philanthropic foundation after appointing John Hartman to replace Andrew Hagger.

Australian shares have enjoyed broad gains following indications the US Federal Reserve might slow the pace of its tightening cycle later this year.

The dropping Aussie dollar will impact inflation by only 0.2 percentage points, the RBA says.

Prime Minister Anthony Albanese has urged the public to brace for a “cautious” budget, as his government attempts to balance demand for cost-of-living relief with economic headwinds.