AAP

The prime minister has joined forces with the leaders of Canada and New Zealand to call for an immediate ceasefire in Gaza.

Every sector of the Australian share market has lost ground as stock markets weaken worldwide on lacklustre earnings from US tech firms.

Australian shares have eased on weakness in property and energy as US big tech earnings underwhelmed and commodity prices fell.

The communications watchdog has warned 10 telcos for breaching new standards designed to help customers struggling to pay internet and phone bills.

The ASX200 has snapped a three-day losing streak led by tech stocks, while the Australian dollar closed lower for a seventh consecutive day.

US stocks have closed higher as investors bought shares in major tech firms after a three-session sell-off.

The ASX200 dropped 0.5 per cent as US President Joe Biden stood down from his re-election bid and a new front opened in the Middle East conflict.

A recovery in home building is coming but will take time and is still expected to fall short of the 1.2 million national target.

A drop in metal prices contributed to the ASX200's 0.8 per cent fall on Friday, but the index managed to extend its weekly winning streak to three weeks.

The coalition will introduce laws to federal parliament to bring back the construction sector watchdog after allegations of crime links within the CFMEU.

The ASX200 has fallen 0.3 per cent with the small tech sector suffering its worst loss since April after a similar sell-off in the US.

Pernod Ricard has sold most of its portfolio of international wine brands, including Australia's Jacob's Creek, Orlando and St Hugo, to a consortium.

Local shares have closed at an all-time high for the eighth time this year, with all sectors gaining ground amid a global lift in sentiment as well as record gold prices.

The last mile to beat elevated inflation is proving challenging, the International Monetary Fund says, and could keep interest rates higher for 'even longer'.

The ASX200 has finished 0.2 per cent lower, dragged down partly by losses from BHP and Rio Tinto, but still notched its second-highest close ever.

Producers will gain a competitive advantage from a scheme offering proof of low emissions in fuel, building materials and other exports, the government says.

The ASX200 rose 0.7 per cent to close above 8,000 for the first time ever, more than four years after it broke through the 7,000 level.

The prime minister says peaceful democratic processes can't be taken for granted, following the attempted assassination of former US president Donald Trump.

The local share market has closed at its highest level ever after a bigger-than-expected inflation drop in the United States firmed bets the Federal Reserve will cut interest rates in September.

Deputy Prime Minister Richard Marles will head to the UK following a key NATO security summit in the first ministerial visit since Labour swept to power there.

The ASX200 has finished up 0.9 per cent to nudge an all-time high following further dovish testimony by Federal Reserve chairman Jerome Powell.

The ASX has clawed back most of its morning losses to finish 0.2 per cent lower after the US central bank chairman's testimony failed to sway rate expectations.

Further support for Ukraine is set to be announced at a key NATO summit as Kyiv calls for aid after a Russian missile barrage struck a children's hospital.

The ASX200 finished up 0.86 per cent ahead of overnight congressional testimony by Fed chairman Jerome Powell.

US stocks have closed mostly higher as investors wait for the release of a key inflation report.

The ASX200 fell 0.76 per cent during trading, with the energy and mining sectors the leading decliners on a drop in oil and iron prices.

US stocks have closed higher as investors digested payrolls and unemployment data.

The ASX200 dipped slightly on Friday but finished the first week of the financial year in positive territory, with a 0.7 per cent gain.

Australia's domestic gas market may run into shortfalls as soon as 2027, a year earlier than the consumer regulator's last estimate.

The ASX200 has risen 1.2 per cent to hit a nine-day high while the Australian dollar rose above 67 US cents for the first time since January.

After months of fast-rising rents, momentum is starting to tip in favour of tenants as more homes become available.

The ASX200 finished up 0.3 per cent after supportive comments by US Federal Reserve chairman Jerome Powell and better-than-expected domestic retail sales data.