News

The local bourse has enjoyed its best performance in three weeks after the Bank of England took emergency measures to stabilise markets.

Calculating what WA gets from spending millions of dollars on overseas trade offices is an imprecise task.

Global economies should not give up on corporate tax despite the challenges of collecting taxes from large multinationals skilled at exploiting tax havens.

Australia's largest electricity generator AGL Energy will go "net zero" after abandoning plans to split into two companies.

Anti-crime bank fix for Optus hack

The local bourse has fallen to its lowest level since June 20, resuming its downward action as soaring bond yields continue to press on equities.

The Australian share market has resumed its downwards action, with the local bourse closing at its lowest level since June 20 as soaring bond yields continue to press on equities.

Businesses dabbling in price fixing and other anti-competitive behaviour will be hit with harsher punishments under proposed legislation.

Union 6, Woodside 0 in gas battle

The Australian share market finished 0.4 per cent higher, a modest recovery after its three-day sell-off.

A force majeure clause has long been standard in contracts, but COVID may change the way risk is distributed.

Labor scolds Optus, flags stricter laws

After taking a break for the public holiday, the local share market has picked up where it left off - by sinking lower as central bank rate hikes weigh on sentiment.

Prime Minister Anthony Albanese and opposition leader Peter Dutton have led tributes to the late Queen in parliament.

It's all eyes on China for WA's iron ore sector as that nation's property crisis lurches from bad to worse.

Treasurer warns worst yet to come

Nearly every sector of the local share market has lost ground as the ASX dropped another 1.56 per cent to its lowest level since July 19.

Supermarket giant Coles is selling its fuel and convenience stores operation for $300 million.

Boom's $50b budget gift

The local share market has moved mostly higher as Reserve Bank of Australia minutes suggest the pace of rate hikes may soon ease.

Putting food waste to good use is a long-term mission for the Nork team.

The world says farewell

The property sector has gained ground, mining and financials were flat and the rest of the share market receded in a day of directionless trading on the ASX.

Rising interest rates are a double-edged sword for home buyers as they reduce borrowing capacity but also drive prices down, the RBA says.

Perth company CleanSubSea is commercialising technology developed over more than a decade.

Lithium giant sees value in MinRes spin-off

The local share market fell 1.4 per cent on Friday to finish the week down 2.3 per cent, as hawkish talk prevails among central bankers.

Labor changes tune on WA coal imports

The local share market has closed modestly higher though it still has a long way to go before recouping its losses on Wednesday, the worst day in three months.

Western Australia's jobless rate has fallen to 3.1 per cent in August, the second lowest among states and territories.

Wall Street stocks have closed higher as an on-target inflation report largely staunched the flow of the previous session's sell-off and investors pressed the "pause" button.

Thiess urges lukewarm MACA investors to accept takeover