News

The local share market finished the day 0.3 per cent higher, but ended September down 3.5 per cent, its worst month since September 2022.

King blocked talks over Qatar flights

The ASX has finished 0.1 per cent lower amid weaker-than-expected domestic retail sales data and rising US bond yields that are pressuring equities.

Pressure on Bullock as inflation lifts

The local share market finished 0.1 per cent lower, as a monthly consumer price index report came in "bang on expectations".

The finance department is considering whether the spin-off company of scandal-plagued consultancy firm PwC is ethically sound enough for government contracts.

Divisive Andrews bows out early

Soaring US bond yields are pressuring equities as markets digest the probability that interest rates will stay higher for longer.

There's been a dip in in consumer confidence as rising petrol prices nudge inflation expectations, which could be of note to the Reserve Bank.

Labor jobs plan ‘ruined by IR laws’

The local share market has staged a remarkable recovery, bouncing off a low hit six months ago in early trading and rebounding in the afternoon to finish the day flat.

Fury at state pandemic probe let-off

The local share market has fallen 1.4 per cent to close at its lowest level since early July after the Federal Reserve sounded hawkish on interest rates.

US stocks have closed lower as investors digested comments from the country's central bank.

$10m slice of Joyce bonus up in the air

The Australian share market has dropped 0.46 per cent ahead of the US Federal Reserve meeting and following hotter-than-expected Canadian inflation data.

Treasurer Jim Chalmers has released draft legislation aimed at cracking down on dodgy tax advisors and giving the regulator more powers to hunt down renegades.

Fast-track for migrants on $120,000

The local share market has closed down 0.5 per cent following the release of minutes showing the Reserve Bank considered hiking rates earlier this month.

Ignorance no excuse for boards in tougher cyber threat regime

The local share market finished down 0.7 per cent at the start of a week that will feature meetings by six central banks and minutes from the RBA.

US stocks have closed lower as investors reacted to semiconductor firm TSMC asking its vendors to delay chip equipment deliveries.

ASIC targets boards over cyber failure

The local share market has finished up 1.3 per cent after the European Central Bank suggested it was done hiking interest rates.

Worker wages are keeping up with productivity gains in most industries, except in the agriculture and mining, an independent commission says.

Workers get fair share of pie

The local share market has finished 0.5 per cent higher following a better than expected Australian jobs report and a slightly hotter US inflation readout.

Qantas offers fast compo as sackings ruled illegal

The share market has closed 0.74 per cent lower as traders await another key US inflation report that will likely influence the direction of interest rates.

The workplace watchdog is investigating the death of a worker at a Jandakot steel manufacturing facility after an accident occurred early Wednesday morning.

A wary consumer is starting to hit vulnerable sections of the private sector, with more business failures likely to come.

Developers scoff at 1.2m target