News

Boom’s $50b budget gift

The local share market has moved mostly higher as Reserve Bank of Australia minutes suggest the pace of rate hikes may soon ease.

Putting food waste to good use is a long-term mission for the Nork team.

The world says farewell

The property sector has gained ground, mining and financials were flat and the rest of the share market receded in a day of directionless trading on the ASX.

Rising interest rates are a double-edged sword for home buyers as they reduce borrowing capacity but also drive prices down, the RBA says.

Perth company CleanSubSea is commercialising technology developed over more than a decade.

Lithium giant sees value in MinRes spin-off

The local share market fell 1.4 per cent on Friday to finish the week down 2.3 per cent, as hawkish talk prevails among central bankers.

Labor changes tune on WA coal imports

The local share market has closed modestly higher though it still has a long way to go before recouping its losses on Wednesday, the worst day in three months.

Western Australia’s jobless rate has fallen to 3.1 per cent in August, the second lowest among states and territories.

Wall Street stocks have closed higher as an on-target inflation report largely staunched the flow of the previous session's sell-off and investors pressed the "pause" button.

Thiess urges lukewarm MACA investors to accept takeover

The Australian stock market has suffered its worst losses since June 14, falling along with markets around the world on predictions of aggressive US rate hikes.

Policymakers who leaned into big government to deal with the pandemic may face increasing pressure to do more on public sector wage increases.

The Australian stock market is on pace for its worst day since June 14 after falling in early trading in the wake of a worse-than-expected US inflation report.

UniSuper stands up to climate activists

The Australian share market has climbed to a finish above the 7000-point mark as investors await another monthly report on US inflation.

The public submission period for the inquiry into the secret appointments of former prime minister Scott Morrison is open.

Postcodes in regional WA were among the best performing for income growth in the period after the last resources boom.

Online security skills shortage to hit 30,000 in four years

The local share market has risen one per cent to hit its highest level this month, with miners performing especially well.

Perth-based multinational APM Human Services has shot down speculation it is gearing up to take over employment services major Angus Knight.

AUSTRAC has launched an investigation into Entain Group, threatening to derail the bookmaker’s reported interest in buying the WA TAB.

S. Korea eyes WA hydrogen

The local share market finished the day up 0.7 per cent, thanks in part to gains by BHP, Fortescue Metals and Mineral Resources.

Governor Chris Dawson has declared a mourning period in Western Australia for Queen Elizabeth II, describing her as a beacon of stability through decades of rapid change.

Chevron: Exclude WA from gas trigger policy

Prime Minister Anthony Albanese has paid tribute to Queen Elizabeth II after news of the 96-year-old monarch's death.

The local share market has rebounded from Wednesday's sell-off, although oil producers were hit hard as crude tumbled to a seven-month low.

Crown Resorts new group chief executive has publicly questioned the honesty of Wayne Carey amid the white powder scandal engulfing the former AFL star.