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Private sector activity is softening as rising interest rates, high inflation and softer economic conditions erode demand.

Breakthrough as Fortescue turns iron ore green

Business News asked five celebrated women about their career journeys, challenges and future plans.

The local share market has finished down 0.7 per cent after Fed chair Jerome Powell said more rate hikes might be needed this year.

Prime Minister Anthony Albanese has confirmed the wording of a referendum to change the constitution enabling an Indigenous voice to parliament and government.

Warning on quantum cyber threats

The local share market has finished up 0.9 per cent, hitting a seven-day high ahead of a momentous Federal Reserve meeting.

Leading indicators for Australia's future growth are still signalling depressed activity in coming months as interest rate rises bite.

Now loans not even enough to get rental

The local share market was up 1.3 per cent at midday, with most sectors gaining ground after several days of heavy losses.

State health buckling under rising pressure

The local share market has suffered another day of heavy losses with WA gold miners finishing up as the strongest performers of the session.

Well-known mining identity Jim Walker has stepped down from his board roles at ASX-listed companies Mader Group and MLG Oz.

A senior Reserve Bank official says the prevalence of fixed-rate loans and sizeable savings buffers are likely extending the lag time of interest rate hikes.

Union bid to break the bank on pay

The ASX has finished higher for the day but dropped more than two per cent for the week after suffering its longest streak of weekly losses since the GFC.

Westpac, St. George, HSBC, JP Morgan and AMP now expect the Reserve Bank won't raise rates in April - but ANZ and CBA still forecast a rate hike.

A review into Australia's woeful productivity performance is expected to contain 71 reform recommendations to lift pay packets and boost national prosperity.

Younger generations are bearing the brunt of high prices but some say the cost of living crisis may have passed its peak.

Accounting shift boosts Cimic's profit to $425m

The ASX has finished 1.5 per cent lower after banking contagion spread to Europe.

Fresh labour market data shows the unemployment rate falling back to 3.5 per cent, with 65,000 jobs added.

Fresh labour market data shows the unemployment rate falling back to 3.5 per cent, with 65,000 jobs added.

Green light for first nuclear waste storage repository

The local share market had its best day in two months, rising 0.9 per cent following three days of losses amid fears about the stability of US banks.

FTI Consulting says parties beyond Andrew Forrest and Mike Cannon-Brookes have expressed interest in buying the mammoth solar project known as Sun Cable.

High inflation, rising interest rates and falling consumer demand is putting Australian businesses under increasing stress.

WA's GST deal costing $10b, and rising

The local share market finished down 1.4 per cent, although the ASX200 managed to close just slightly above the key 7,000 level.

Consumers are feeling wobbly after the Reserve Bank's tenth interest rate hike in a row and amid stubborn inflation.

The local share market was down another 1.6 per cent in early trading and dipped below 7,000 for the first time since early January.

Newcrest, Newmont free to talk after agreeing NDA, standstill