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.
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.
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.
The federal government has assembled a crack team of scam-busting experts to target investment swindles that cost Australians millions of dollars a year.
The local bourse has finished essentially flat after strong retail spending growth tempered expectations the Reserve Bank will keep interest rates steady.
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.
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.
