News

The Australian share market has rallied for a second time this week on the back of a strong lead from Wall Street, as several leading US corporations reported better-than-expected earnings.

Mount Hawthorn-based businessman Chris Marco is facing criminal charges for allegedly swindling investors out of $36.5 million, following a two-year probe by the corporate watchdog.

Traditional owners in Western Australia have written to the Albanese government seeking to stop the progress of a contentious urea plant.

Urgent visa fix to tackle skills crisis

The local share market has closed down 0.56 per cent, although the big banks and coalminers again turned in a strong performance.

Two speeches in two days will give the Reserve Bank of Australia an opportunity to demonstrate how hawkish it is feeling as rate hikes loom.

A record 18 traders will ship from CBH ports

The big banks, miners and coalminers all gained ground as the market digested ANZ's $4.9 billion purchase of Suncorp Bank.

Worker-hungry states issue summit demandsWorker-hungry state governments have urged Anthony Albanese and Jim Chalmers to

A drop in iron ore prices and two major US banks missing earnings estimates have taken their toll on the Australian share market.

Lake Resources rejects criticism as shares fall

ANALYSIS: Living standards are being hit and wealth shredded by rocketing inflation in the United States, but there’s dramatic, and potentially telling, differences across countries.

Australian shares have risen 0.4 per cent, with gains by iron ore miners, and coalminers outweighing losses for the big banks and property trusts.

An appeal by Christian Porter over the removal of his leading barrister in the now-settled defamation case against the ABC has been dismissed.

The national unemployment rate is set to fall further to 3.8 per cent when new labour force figures are released on Thursday.

Fortescue seeks green light for export increase

The ASX has closed up 0.2 per cent, although energy companies were under pressure after Brent crude prices plunged to a four-month low.

US critical minerals deal

The ASX has closed basically unchanged after losses by the mining sector and gains for consumer staples and health care.

Investors are taking a hit on most asset classes, with energy among the few likely to weather the storm of a tough coming financial year.

Outgoing WA Police deputy commissioner Gary Dreibergs is joining the technology firm that built the state’s G2G border management platform.

Virgin schedule hard hit by illness, low staffing

The local bourse has dropped by 1.1 per cent, as traders take a little off the table before the release of US inflation and Chinese GDP figures.

Global engineering firm Wood has inked a partnership deal with Western Australian Aboriginal-led construction company Marawar, the most significant agreement of its kind for the two companies.

A family heritage in policing runs deep for the outgoing commissioner as he readies to be WA's next governor.

The federal government says its position on dealing with China remains unchanged, despite China listing four demands in order to improve ties.

Covid centre tip for migrants

The Australian share market has finished the day up 0.45 per cent and gained 2.1 per cent for the week, its best performance in 17 weeks.

Japanese former Prime Minister Shinzo Abe has died, public broadcaster NHK has reported.

Sell shares or else, PM tells ministers

Gains by the heavyweight mining sector have helped lift the Australian share market by 0.8 per cent as industrial metal prices rebound.

The Australian Bureau of Statistics says payroll jobs rose 0.1 per cent in the month to June 11, with the trade surplus coming in at $15.9 billion in May.