News

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.

Now loans not even enough to get rental

The local share market was up 1.3 per cent at midday, with most sectors gaining ground after several days of heavy losses.

State health buckling under rising pressure

The local share market has suffered another day of heavy losses with WA gold miners finishing up as the strongest performers of the session.

Well-known mining identity Jim Walker has stepped down from his board roles at ASX-listed companies Mader Group and MLG Oz.

A senior Reserve Bank official says the prevalence of fixed-rate loans and sizeable savings buffers are likely extending the lag time of interest rate hikes.

Union bid to break the bank on pay

The ASX has finished higher for the day but dropped more than two per cent for the week after suffering its longest streak of weekly losses since the GFC.

Westpac, St. George, HSBC, JP Morgan and AMP now expect the Reserve Bank won't raise rates in April - but ANZ and CBA still forecast a rate hike.

A review into Australia's woeful productivity performance is expected to contain 71 reform recommendations to lift pay packets and boost national prosperity.

Younger generations are bearing the brunt of high prices but some say the cost of living crisis may have passed its peak.

Accounting shift boosts Cimic’s profit to $425m

The ASX has finished 1.5 per cent lower after banking contagion spread to Europe.

Fresh labour market data shows the unemployment rate falling back to 3.5 per cent, with 65,000 jobs added.