News

Iron ore’s sleeping giant awakes

Builders on the ASX received an early Easter blessing in the form of a US infrastructure spending plan, and helped the market close higher.

Employers need to ‘earn the commute’ of workers

Investors have had a good day on the Australian share market and their best month since November's record gains.

$100,000 salaries plus perks to help fix WA’s house-building waiting list

Australia's share market had a downbeat day as spikes in bond yields prompted investors to sell equities, while Brisbane's growing coronavirus outbreak hit Easter travel plans.

Payroll jobs were slightly higher than a year ago by mid-March as the economy continued to recover from last year's deep recession.

Forrest’s weir plan hits rough water

Shares closed a little lower on the Australian market as a coronavirus lockdown unfolded for Brisbane, and the refloating of a ship blocking the Suez Canal caused oil prices to fall.

Business News is preparing to launch an exciting new chapter in its growth.

Australia's resources and energy exports are forecast to reach a record $296 billion in 2020/21, despite the global economic downturn driven by COVID-19.

Jobs bonanza with more than 20,000 roles up for grabs

Investors have had their best week on the ASX in the past seven, while the surging buy now, pay later sector may be the best indicator of any effect on shares from the end of the JobKeeper wage subsidy.

Australia is unlikely to close the gender pay gap until at least 2046 despite significant progress made over the past seven years.

Cattle out, renewables in, Forrest set for win

Shares closed at their highest level on the Australian market in more than a week, as a weaker Aussie dollar helped the indices buck downcast sentiment overseas.

Australian businesses are enjoying improved financial circumstances and are relying less on government support measures.

Immunised Bali hopes to lure tourists back

Australia's share market bucked a downwards trend across most markets, possibly helped by the Aussie dollar falling to 75 US cents.

Treasury chief Steven Kennedy believes few countries have achieved what Australia has in responding to last year's recession – relatively good health outcomes, smaller economic impacts and now, rapid recovery.

Airtasker’s stellar ASX debut does the job

Australia's share market has closed lower for the fourth time in the past five sessions, while the Aussie dollar fell to US76 cents as demand for commodities dropped.

BHP exec Slattery in Woodside contention

Investors in Australia's share market have made gains early in a week in which most of the focus will likely be on US financial leaders appearing before the Senate.

Current profit surge now spreading to older homes in outer suburbs

Australia's share market closed lower for a third consecutive day and the week, while US financial leaders will next week have another chance to persuade investors jittery about the prospect of inflation.

If China’s stance on trade forces Australia to seek other markets, there are plenty of opportunities elsewhere in Asia.

Business owners say Premier’s plan will hurt traders

Shares on the ASX have closed lower, but the Aussie dollar rose as investors tipped it to benefit following forecasts of strong economic growth in the US.

Western Australia’s population grew by 3,569 people in the September quarter, while Australia had its first population drop in a century.

All states except Victoria recorded substantial recovery in state final demand in the September quarter, as social distancing restrictions were eased.

Scott Morrison has talked up the recovery in employment, which has seen the unemployment rate shrink to 5.8 per cent, while WA's rate was 6 per cent.