News

Transition from oil needs ‘logical steps’

Australian shares have kept their run higher going, while the prospect of more sanctions on Russia could dictate trading behaviour tomorrow.

Western Australian billionaires Gina Rinehart and Andrew Forrest have topped the list of Australia’s wealthiest 250 for 2022, with Canva founders Melanie Perkins and Cliff Obrecht scoring a spot in the top 10.

A new survey has found employers are facing higher wage demands from candidates seeking employment.

Mining struggles to attract Gen Zs

A charmed run for the ASX has continued while one analyst is pondering whether bond investors wary of higher rates are about to end the run.

The National Skills Commission says job advertisements on the internet rose by a further 3.6 per cent in February.

ALP’s $15m pledge for the road ahead as McGowan snubs Marles

Market heavyweight BHP jumped five per cent and the ASX rose for a fourth day in the past five as it thrives on demand for commodities.

Consumer confidence has dropped to its lowest level since September 2020, undermined by persistent concerns over the inflation outlook.

Forrest's landmark overhaul plan is not everyone's cup of tea

A bright start for the ASX gave way to minor losses, but investors will hope talk of peace in Ukraine produces another rallying week.

Prime Minister Scott Morrison says his government is fully aware of the cost of living pressures Australians are facing and is promising a budget response.

Oil explorer Finder Energy completes book build for $15m IPO

Investors have enjoyed their best week on the Australian share market in more than 12 months, despite a US rate rise and war in Ukraine.

In a major speech two weeks out from the federal budget, Josh Frydenberg says the government will tackle the deficit while helping families with cost pressures.

Budget recovery to hit tax cap

There was no gloom on the ASX despite the US rate rise decision, and the Australian market closed higher for the third day this week.

The national unemployment rate is now lower than Western Australia's, with a rate of 4 per cent across the country slightly less than 4.1 per cent out west.

The Crown royal commission has just been completed but another ‘closed doors’ inquiry will be pivotal in determining the company’s future.

Plea to end vax mandate

Australia's share market gained more than one per cent before an expected rate rise from the US Federal Reserve.

Plans to bring forward tax cuts for middle and high income earners to this year's 2022/23 federal budget could reportedly be shelved.

War could put barley back on trade table

WA is set to deliver almost $30 billion of shipbuilding projects by 2040, while the Prime Minister also pledged HMAS Stirling will be the home base for new nuclear submarines.

Motorists might welcome any easing of oil prices but investors watched falling commodity prices ruin any chance of ASX gains.

The federal government has plans for a $4.3 billion dry dock facility in Henderson, Western Australia, according to its latest pre-budget announcement.

$7b extra for gas & oil giants

Banks and healthcare giant CSL helped the ASX to its best day in six weeks as an expert tipped more investors to buy Australian value shares.

Two members of the federal coalition's junior partner have called for a cut in the fuel excise as petrol prices continue to climb above $2 a litre.

Griffin Coal’s first disclosed financial results in four years have revealed the loss-making Collie miner retains the support of its lenders for at least 12 more months, despite slashing the value

Investors moved the ASX lower after accepting US rates are almost certain to rise next week due to record inflation.