News

Australian power couple Andrew and Nicola Forrest have announced their separation but say the split will have no impact on the direction of their business empire.

The local share market has finished 0.4 per cent higher after a positive lead from the US, with rising commodity prices benefiting energy and materials sectors.

Reserve Bank governor Philip Lowe has laid out a major shake-up of the central bank in the wake of a wide-ranging review into the institution.

The Australian government remains hopeful of striking a deal with the European Union on free trade, as the latest talks stall.

Labor hints at further cost respite

The local share market has finished 1.5 per cent higher after sliding bond yields and new Chinese economic stimulus sent investors flocking back to equity land.

Anthony Albanese has confirmed Australia's entry into a German-led "climate club", which some groups say will push the nation to do more on emissions cuts.

China slips closer to deflation

The local share market changed gears to finish the day 0.54 per cent lower after unexpectedly weak Chinese inflation data rattled investors.

Neighbours are alarmed about a proposal to extract gravel at a picturesque vineyard and function venue in the South West.

Another PwC partner sent out tax info

The local bourse plunged 1.69 per cent lower as rising bond yields led to broad sell-offs across the entire market.

The S&P/ASX200 plunged down more than 1.5 per cent in early trade this morning following a broad sell-off in the US markets overnight.

Tech giants used PwC to beat tax law

The local bourse has fallen 1.24 per cent, driven lower by miners and fears of future interest rate rises by the US central bank.

Japan: LNG could shift to Alaska

The local bourse has fallen 0.35 per cent after underwhelming Chinese economic data raised fears Australia's largest trading partner is heading for a slowdown.

RBA holds as economists expect more interest rate rises

The local share market jumped 0.69 per cent in under 15 minutes to finish 0.45 per cent higher after the Reserve Bank kept the cash rate steady at 4.1 per cent.

The Reserve Bank of Australia has offered mortgage holders some relief after it held the nation’s cash rate target at 4.1 per cent following its July meeting today.

Pay growth pressures RBA on rates

The federal government has assembled a crack team of scam-busting experts to target investment swindles that cost Australians millions of dollars a year.

Widodo to push for EV partnership

The Australian share market finished 0.12 per cent higher on the financial year's last day of trading but uncertainty awaits investors.

The education minister has warned that childcare centres lifting fees are in the sights of the ACCC as subsidies for parents increase.

Law firms cut back and brace for slowdown

The local bourse has finished essentially flat after strong retail spending growth tempered expectations the Reserve Bank will keep interest rates steady.

Inflation slows, but not enough

The local share market has enjoyed its best day of trading in 11 weeks, rising 1.1 per cent with inflation data likely closing the door to a rate hike in July.

The Consumer Price Index (CPI) rose 5.6 per cent in the 12 months to May, its smallest increase since April 2022, according to data from the Australian Bureau of Statistics.

Profits, jobs lift surplus above $4.2b

The local share market has gained 0.56 per cent, led by miners and the big banks to snap a four-day losing streak despite a poor lead from Wall Street.