A Senate inquiry into a 12-hour Optus outage that affected millions of Australians has revealed hundreds of triple-zero calls were unable to go through.
The local share market rose 1.4 per cent to an eight-week high after US inflation data suggested the rate-hiking cycle in the world's largest economy is over.
The Nasdaq and S&P 500 have ended their longest winning streaks in two years after a disappointing bond auction and the Fed chair's warning about rates.
The ASX200 has finished down 0.3 per cent in its first losing day this month after the Reserve Bank raised interest rates for the first time in five meetings.
The ASX200 spent the day hovering above and below the 7,000 level, eventually finishing just under it, while the Australian dollar hit a three-month high.
