The local share market has suffered another plunge, with all sectors closing lower as sentiment again sours following last week's rollercoaster ride on Wall Street.
Monadelphous has announced four major changes to its leadership, most notably the retirement of chairman John Rubino, bringing to an end his 30-year partnership with Rob Velletri.
Australian shares have finished up 1.75 per cent after a whipsaw session on Wall Street, which staged one of the biggest one-day reversals in its history.
Inflation remains public enemy number one as the treasurer expects the US central bank to keep hiking rates aggressively in response to a higher-than-expected inflation print.
The local share market has closed almost unchanged overall for a second day in a row, but the big banks finished ahead and Qantas rose on its profit outlook.
The $73 million workforce camp plan for battery minerals giant Albemarle’s growing Kemerton lithium plant may be in jeopardy, with the Shire of Harvey urging the planning body to reject it.
The local share market has spent the day treading water, finishing little changed from where it began with gains for the banking sector and losses for miners.
The local share market has lost ground for a third day in a row, while the Australian dollar sank under 63 US cents for the first time since April 2020.
Several investigations have been launched following the massive Optus data breach, including one by the Office of the Australian Information Commissioner.
