News

The ASX200 has dropped 0.5 per cent ahead of the release of key US inflation data overnight.

Seven West Media's television revenue will likely drop by eight per cent in the first half, CEO James Warburton has told the company's annual general meeting.

Origin Energy shares have soared by a third after its board said it would recommend a $9-per-share takeover offer from Brookfield Asset Management.

Medibank hackers post first data

The local share market has closed higher for the fourth day in a row and 11th time in the past 13 sessions.

Forrest’s battle to save the seas from mining

The big banks and lithium miners helped the ASX200 jump another 0.36 per cent on Tuesday, despite sharp losses by the energy sector and James Hardie Industries.

Snowy 2.0 hydro caught in Clough cash crunch

The Australian share market has started the week up 0.6 per cent, with the mining sector enjoying its best performance in a month amid China reopening rumours.

Westpac has posted an annual profit of $5 billion-plus and says while interest rate rises will bite, many customers remain ahead on their mortgage repayments.

Visa review flags bigger industry role

The local share market has climbed in afternoon trading to finish Friday up 0.5 per cent, with energy and mining sectors particularly strong.

CEO Alan Joyce has told shareholders at its annual general meeting the airline is returning to its pre-COVID levels of service.

Rio Tinto’s new chair is cleaning house and planning the miner’s next steps.

State and territory authorities are bracing for an uptick in COVID-19 infections as new variants of the virus spread across Australia.

Cybercrime rises to one every seven minutes

The local share market has fallen sharply after the chairman of America's powerful central bank declared rate hikes had "still some ways to go".

Woolworths says that inflation accelerated during the September quarter, with food prices rising an average of 7.3 per cent.

Bookies face probe into dirty money

The ASX200 has finished slightly higher after crossing above and below the key 7000 level for most of the day.

The team-building skills and discipline Andrew Hastie needed to survive on the battlefield have clear applications for his political career.

Blowtorch on WA to help ease energy crisis

Australian shares have climbed 1.65 per cent, with all sectors gaining ground after the RBA announced a rate increase that was in line with expectations.

The cash rate has been hiked for the seventh consecutive month, up 25 basis points to be 2.85 per cent, as the Reserve Bank predicts inflation will hit 8 per cent this year.

Power authorities in Western Australia will start sending text alerts to customers this summer if power cuts are possible.

Australia’s biggest lithium mine generates bumper takings for IGO

The ASX has finished Monday up 1.2 per cent to cap off its second-best month of the year, with a busy week of central bank hikes to come.

Clough executives exit amid pressure

The local share market has finished down 0.9 per cent, with big losses for the mining giants after government statistics showed a drop in iron ore exports.

Workplace Relations Minister Tony Burke says he's having productive discussions with industry groups about new worker laws.

Rio's Labor IR warning

The Australian sharemarket has posted it fourth consecutive day of gains, equalling a streak last set in mid-September.