The Australian share market is down for its third consecutive day, this time with tech stocks and the banking sector hit after Tuesday's commodities sell-off.
The ASX has suffered its worst session since the start of the war in Ukraine, with miners and oil producers sharply lower following China's COVID outbreak.
The state government has agreed to stump up an extra $26.9 million for businesses affected by its impending native logging ban, bowing to pressure from the state’s peak forestry body.
Most sectors, including energy, property, industrials and financials, have recorded strong trader interest, pushing the Australian share market higher.
The government has announced a $220 million forestry package, while Labor is keen to keep the focus on health as the first week of campaigning nears its end.
Cobalt from Australia's Murrin Murrin mine will power General Motors' Chevrolet Silverado, GMC Hummer and Cadillac Lyriq electric vehicles under a new deal.
Federal Labor leader Anthony Albanese has started day two of the election campaign admitting he "regrets" his performance on day one and plans to do a Taylor Swift and "shake it off".
Investors baulked at moving the Australian share market as an election campaign, hefty dividend payouts and surging bond yields gave them plenty to reconsider.