News

The legal row involving deceased CFC Group boss Marc Cardaci's trusts continues with two companies slated to be wound up if $4.6 million is not repaid.

Perth has suffered its worst inflation in 32 years in 2022, with a big jump in the December quarter. Plus: Perth's biggest price rises in 2022.

Evolution puts mill expansion on table

The local share market was lifted by mining and technology shares a day ahead of official data on December quarter inflation.

Momentum is starting to slow down in the economy as the post-COVID rebound starts to fade.

More women are taking top roles at Australia's economic and financial institutions but they are still under-represented in leadership.

Inflation hopes drive ASX higher

Russian oligarch Oleg Deripaska, who is banned from Australia, is taking legal action against the foreign affairs minister with help from Perth-based representation.

Sentiment in the local share market remained cautious ahead of inflation data as the benchmark index settled after hitting a fresh nine-month high.

Deloitte Access Economics warns Australia could fall into a recession if the central bank lifts interest rates again, with households already hurting.

Collapsed Clough owes creditors $248m

The local share market has finished 0.2 per cent higher in a choppy session that puts it at a fresh nine-month high, up 5.87 per cent so far this year.

Super Retail Group allegedly underpaid workers by more than $1 million and is being taken to court by the Ombudsman for contraventions of the Fair Work Act.

NZ Labour left in trouble

The local share market has advanced after weaker-than-expected December labour market figures raised expectations of a rate hike pause by the Reserve Bank.

Premier Mark McGowan will visit Japan and South Korea next week for trade and investment talks.

Australia's unemployment rate remains stuck at 3.5 per cent, with 14,600 jobs disappearing from the economy in the latest official statistics.

China ‘open for business'

The local share market has had its second quiet day in a row, finishing 0.1 per cent higher as the Bank of Japan left interest rates unchanged.

The Italian migrant played a key role in building United Construction and Monadelphous into two of Australia's most successful engineering and construction contractors.

Australia is getting 40 US-built Black Hawks helicopters, replacing French-made Taipan choppers in another tense moment between the countries.

Prime Minister Anthony Albanese has rejected talk the government could legislate an Indigenous voice to parliament "'anyway" if this year's referendum fails.

Resources ETFs win big in 2022, tech funds tank

The Australian share market has closed slightly in the red as traders took money off the table ahead of a big meeting by the Bank of Japan.

An Australian Women in Energy Roundtable will be established to power equal pay and leadership in the transition to renewable energy.

The consumer watchdog will investigate gas producers who don't supply their product domestically as Labor's new price cap gets off to a rocky start.

The Labor government expects wages will keep growing strongly as inflation moderates, ultimately leading to real wage growth by 2024.

Essential services pricing in ACCC sights

The local share market is up more than 0.8 per cent at close to an eight-month high, with BHP briefly trading at $50 for the first time.

Aurelio Costarella makes his comeback to the arts industry after five years of personal focus.

Super Retail Group's CEO says the Supercheap Auto, Rebel, BCF and Macpac owner had an "outstanding first half" with 11 per cent same-store sales growth.

Retailers have been struggling to access affordable, long-term gas for their industrial and commercial customers, raising questions about energy policy.