News

Outlook is ‘fraught and fragile’

The ASX200 fell one per cent on Friday to end a horror week for equity traders as rising tensions between Israel and Iran sent bonds and oil prices soaring.

Businesses raise alarm on lawsuits

The ASX200 finished up 0.5 per cent as rising commodity prices helped the minerals-heavy index bounce back from a five-day losing streak.

First productivity chief calls for Labor U-turn

The ASX200 finished down 0.1 per cent, giving up its modest morning gains, as Fed chairman Jay Powell spoke of keeping rates high for longer.

Anthony Albanese says a $400 million loan to the critical minerals sector will help expand exports into nearby southeast Asia.

The first national defence strategy will see a $50 billion boost to the sector over the next 10 years.

Woolies, Greens in fiery clash over profit metrics

The ASX200 index has suffered its second-worst loss in 13 months, dropping to an eight-week low as prospects dimmed further for quick US rate cuts.

Woolworths chief executive Brad Banducci has defended the supermarket's practices at a fiery parliamentary inquiry hearing.

Lehrmann raped Higgins, judge finds, but no Morrison cover-up

The ASX200 closed down 0.5 per cent to hit a nearly four-week low after Iran fired hundreds of missiles and drones at Israel.

Andrew and Nicola Forrest’s Minderoo Foundation is understood to be cutting up to 100 roles from the philanthropic entity following an “organisational redesign”.

A budget surplus is "still our goal" but the degree of difficulty has risen with global economic uncertainty hitting tax revenue, Treasurer Jim Chalmers says.

A budget surplus is "still our goal" but the degree of difficulty has risen with global economic uncertainty hitting tax revenue, Treasurer Jim Chalmers says.

Chalmers hints at investment tax breaks

The ASX 200 dropped 0.3 per cent, although gold miners continued to shine as the precious metal threatened to break past through the $US2,400 mark.

Sierra Rutile managing director and chief executive officer Theuns de Bruyn says the company's Sembehun project in Sierra Leone has the potential to provide long-term financial success.

Shares in Argenica Therapeutics were down by 13 per cent on Friday morning, despite the biotechnology technology announcing it would raise $12 million in order to complete its second phase trial of its ARG 007 drug in ischaemic stroke patients.

Andrew Forrest's attempt to hold Facebook to account has been dropped as prosecutors decline to file a criminal indictment against its parent company Meta.

PM’s plan risks forever subsidies

The ASX200 fell 0.4 per cent after a US inflation readout came in hotter than expected for a third straight month, dimming hopes for June rate cut.

Expert witnesses are giving evidence in the Federal Court case that will determine whether FMG should compensate Yindjibarndi people for mining on their land.

Anthony Albanese says the trilateral agreement would yield closer defence ties.

Protection is the ‘new competition’

The ASX200 has finished 0.3 per cent higher, closing fewer than 50 points away from its record high in March.

A new workforce, financial incentives and protection for local content in solar panels, electric trucks and wind towers are part of a "superpower" blueprint.

Two reports have detailed shortcomings in engaging people with disabilities in workplaces across WA and the nation.

Labor turns screws on mergers

Rio Tinto rose three per cent and BHP gained two per cent on Tuesday, helping boost the ASX200 to finish 0.5 per cent higher.

As AUKUS partners seek to work with Japan on technology sharing, Prime Minister Anthony Albanese says the security pact won't formally grow to four countries.