News

Fortescue given below-average ESG score amid transition

Mining magnate Clive Palmer has taken to the airwaves to confirm he intends to file a new legal action against the state government, this time for $50 million in damages.

Australia's share market is headed for its worst week in almost two years after investors despaired at confirmation of impending rate rises in the US.

Forrest fuels another nickel bidding war

Big falls from WA companies have driven shares to plummet to their second-steepest fall of the year, while a higher than expected inflation reading added to fears of higher rates.

The Aboriginal flag is now owned by the federal government and freed for public use after a $20 million copyright transfer deal was finalised.

Freight costs keep import prices up

Investors have taken money out of the ASX to start a week in which Australian inflation data and US Federal Reserve decisions could change market dynamics.

Treasurer Josh Frydenberg has been quick to point out that interest rate decisions are up to the Reserve Bank as speculation mounts for a rise this year.

Omicron, WA’s lockout to chisel into nation’s drilling bonanza

Stocks on the Australian market had their second-steepest fall of the year as investors brace for news next week of the path to higher global interest rates.

Crown Perth boss Lonnie Bossi has stepped down after almost three decades with the embattled casino business, just months after fronting the royal commission.

Premier shuts down hopes of WA reopening

National cabinet has agreed not to shorten the isolation time for positive COVID-19 cases from seven to five days.

US payments giant Block has made an unconvincing ASX debut while the traditional heavyweights - the miners - held the market higher.

Western Australia's unemployment rate dropped to 3.4 per cent in December, its lowest in 13 years.

WA opening could disrupt BHP output

The City of Nedlands is on alert this afternoon as fire crews attempt to control a blaze in Karrakatta that is now a possible threat to lives and homes.

California-based financial services giant Capital Group has bought a 5 per cent stake in Fortescue Metals Group for an estimated $3 billion.

Technology shares have plunged and the incredible story of Afterpay stock came to an end as ASX investors suffered broad losses.

Text messages between Mark McGowan and John Quigley will become public as part of his defamation battle with Clive Palmer.

Two separate surveys have found consumers and bosses are showing some resilience in the face of the Omicron outbreak.

Privacy fight for BHP vax order as miners caught faking jabs

A second-half fade for the ASX caused by rising bond yields has reminded investors higher interest rates could dominate 2022.

Consumer confidence has slumped due to the rapid spread of the Omicron variant and the immense strain this has put on testing facilities.

Walkout threat over virus safety risks

Investors have raised the ASX a little after China's central bank cut loan rates on more signs of a slowing economy.

‘High-wire act’ looms, warn mining bosses

Shares had their biggest loss in more than a week as a US technology crash spilled over into the Australian market.

Australia's peak union body has called a crisis meeting after the prime minister's "failure" to protect workers and community safety by making rapid antigen tests free.

Crown backs improved $8.9bn offer

Iron ore miners have benefited from production challenges in Brazil and ensured ASX investors are ahead for the week with one trading day remaining.