News

The Australian share market has snapped a four day losing streak after easing investor concerns about China's debt-laden property sector prompted a jump in local mining stocks.

ASX-listed companies have detailed roughly $2 billion in JobKeeper payments spanning the last two financial years, with only a handful making voluntary repayments.

Scott Morrison has warned of potential economic uncertainty for global markets in coming months in the wake of COVID-19.

Businesswoman’s company float biggest in 18 years

Fortescue Metals shares had their biggest gain of the year but the Australian market slumped on concerns of how US authorities will respond to the biggest rise in inflation in 31 years.

Watchdog asleep on most FIFO sex cases

Investors have continued to shy away from the ASX this week as some wonder whether rising inflation could finally be followed by wage increases.

‘Best ever’ platinum discovery

A booming NAB profit could not inspire investors to raise an Australian market which failed to follow the lead of its record high US peers.

Scott Morrison won't subsidise electric cars or implement emissions standards in his plan to get 1.7 million cleaner vehicles on roads this decade.

WA border plan risks harming its economy: PM

A string of mergers and acquisitions involving major players on the Australian market proved talking points at the start of the trading week.

Travel chief eyes court move on border

The state opposition and sections of the business community have criticised the state government’s “skeleton” of a COVID-19 transition plan, with Western Australia still without a date for the reopening of borders.

Australian shares had their best week in the past four as investors proved comfortable with central banks' slight changes to pandemic stimulus.

Perenti Global again pushing for deal with Macmahon

Investors have held their nerve as central banks wind back pandemic stimulus, except for some who fretted over Domino's Pizza's post-lockdown trade.

Pay jumps 20pc to lure skilled execs

Australian share market investors had their biggest day of buying in more than four weeks before the US Federal Reserve prepares to wind back economic stimulus.

FIFO rape inquiry’s site tour

A Reserve Bank meeting on Melbourne Cup day has left few winners on the share market as an interest rate hike moved closer.

The Reserve Bank of Australia has left the cash rate at 0.1 per cent after its monthly board meeting, as widely anticipated by economists.

Vaccination laws hit WA labour pool

Investors showed no fear of the Reserve Bank possibly bringing forward a rate rise as they gave the market its biggest lift in more than two weeks.

Seven West Media is proposing to buy regional TV broadcaster Prime in a deal valued at $131.9 million.

Westpac has unveiled a $3.5 billion share buyback after posting a surge in annual earnings on the back of a strong home loans market and lower provisions.

Frydenberg: ‘downside risk’ from China

The Reserve Bank is tipped to bring forward rate rises after opting not to defend soaring bond yields which decimated shares.

Builders want end to crippling WA port strikes

Investors lost most of their gains from the week as the ASX stalls on concerns rate hikes could come sooner than planned.

$20m bid for Pindan withdrawn hours before collapse

Higher inflation figures rocked investor confidence on the Australian share market as traders pondered the prospect of an earlier rate rise.