News

Beware focus on lithium refining: mining tech boss 

The local bourse has finished 0.6 per cent higher to close at a three-and-half-week high ahead of the Reserve Bank meeting on interest rate hikes.

Oil prices soared on Monday, posing a new inflation problem for the global economy.

Lithium surge to boost WA exports 

The ASX200 has recorded its first weekly gain by the close since February, finishing 3.2 per cent higher than where it was last week.

The federal government will advocate for a wage lift that stops low-paid workers going backwards as business groups worry about higher wage bills.

Treasurer Jim Chalmers has set the parameters for his 2022-23 budget, laying out eight key priorities that must be addressed in the near and longer term.

WA job vacancies in healthy decline 

The Australian Securities Exchange finished up one per cent, with every sector except property in the green, as global banking fears ease.

Companies with 100 or more employees will be required to publish their gender pay gaps as part of the government's effort to improve workplace gender equality.

A new investigation aims to spot hurdles preventing small businesses from competing fairly for the federal government's $80.8 billion annual procurement market.

The Reserve Bank could be facing legislative changes under a review, due to be handed to Treasurer Jim Chalmers on Friday.

Liontown bid shows miners take long view

The local share market has climbed out of the red to finish 0.2 per cent higher after February's domestic inflation readout came in cooler than expected.

A second month of better inflation numbers will add to hopes Australia is past the worst price pain.

Albemarle in uphill battle to sway Goyder 

The local bourse has finished one per cent higher on M&A activity involving Origin Energy, United Malt Group and Liontown Resources.

High living costs and rising interest rates have kept discretionary spending subdued in the month of February.

Consumer confidence is still being battered by high living costs and rising interest rates, the latest ANZ-Roy Morgan weekly survey shows.

Carbon plan deal squeezes gas 

The local share market has finished up just 0.1 per cent, with oil producers and coalminers dropping as Labor and the Greens reached accord on a climate deal.

Failing to swap to a better home loan rate could be costing mortgage holders hundreds of dollars extra per month.

Mining chiefs upbeat about China growth 

The local share market has fallen 0.2 per cent for the day and 0.6 per cent for the week, with its losing streak the longest since the Global Financial Crisis.

Private sector activity is softening as rising interest rates, high inflation and softer economic conditions erode demand.

Breakthrough as Fortescue turns iron ore green 

Business News asked five celebrated women about their career journeys, challenges and future plans.

The local share market has finished down 0.7 per cent after Fed chair Jerome Powell said more rate hikes might be needed this year.

Prime Minister Anthony Albanese has confirmed the wording of a referendum to change the constitution enabling an Indigenous voice to parliament and government.

Warning on quantum cyber threats 

The local share market has finished up 0.9 per cent, hitting a seven-day high ahead of a momentous Federal Reserve meeting.

Leading indicators for Australia's future growth are still signalling depressed activity in coming months as interest rate rises bite.