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The Australian share market has started the week up 0.6 per cent, with the mining sector enjoying its best performance in a month amid China reopening rumours.

Westpac has posted an annual profit of $5 billion-plus and says while interest rate rises will bite, many customers remain ahead on their mortgage repayments.

Visa review flags bigger industry role

The local share market has climbed in afternoon trading to finish Friday up 0.5 per cent, with energy and mining sectors particularly strong.

CEO Alan Joyce has told shareholders at its annual general meeting the airline is returning to its pre-COVID levels of service.

Rio Tinto's new chair is cleaning house and planning the miner's next steps.

State and territory authorities are bracing for an uptick in COVID-19 infections as new variants of the virus spread across Australia.

Cybercrime rises to one every seven minutes

The local share market has fallen sharply after the chairman of America's powerful central bank declared rate hikes had "still some ways to go".

Woolworths says that inflation accelerated during the September quarter, with food prices rising an average of 7.3 per cent.

Bookies face probe into dirty money

The ASX200 has finished slightly higher after crossing above and below the key 7000 level for most of the day.

The team-building skills and discipline Andrew Hastie needed to survive on the battlefield have clear applications for his political career.

Blowtorch on WA to help ease energy crisis

Australian shares have climbed 1.65 per cent, with all sectors gaining ground after the RBA announced a rate increase that was in line with expectations.

The cash rate has been hiked for the seventh consecutive month, up 25 basis points to be 2.85 per cent, as the Reserve Bank predicts inflation will hit 8 per cent this year.

Power authorities in Western Australia will start sending text alerts to customers this summer if power cuts are possible.

Australia's biggest lithium mine generates bumper takings for IGO

The ASX has finished Monday up 1.2 per cent to cap off its second-best month of the year, with a busy week of central bank hikes to come.

Clough executives exit amid pressure

The local share market has finished down 0.9 per cent, with big losses for the mining giants after government statistics showed a drop in iron ore exports.

Workplace Relations Minister Tony Burke says he's having productive discussions with industry groups about new worker laws.

Rio's Labor IR warning

The Australian sharemarket has posted it fourth consecutive day of gains, equalling a streak last set in mid-September.

ANZ has beaten earnings expectations across the board, but the results don't appear to have been strong enough to impress the market.

Nation's coveted AAA credit rating is safe

The local share market has managed to stay in positive territory - just - after third-quarter inflation came in higher than expected.

A one-off subsidy on power bills has helped Perth prices drop 0.5 per cent in the September quarter, while national inflation hit 1.8 per cent for the quarter.

Australians are facing a tough couple of years after the Albanese government's first budget warned power bills will rise and real wages will fall.

Super, states tapped to build 1 million homes

Treasurer Jim Chalmers has opted to modestly grow spending in his first budget, as surging tax revenue helps cut the federal government's deficit.

Ochre Workforce boss Joanne Pellew, who is awaiting trial over claims she lied to ASIC, has asked a court for permission to peer into the books of an enterprise she was once part of.