News

The local share market is slightly higher this morning, with gains by the big banks outweighing losses by the mining and energy sectors.

Resources must appeal to ‘Minecraft generation’

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.

Myer board to Lew: stop buying shares

The local bourse has suffered its worst losses in two weeks after solid US jobs data suggested aggressive rate hikes would continue.

Defence Minister Richard Marles has promised more oversight after identifying billions of dollars in budget blowouts and major delays in military projects.

Woodside wary of Tokyo Gas’ $3.4b LNG sale

The ASX fell 0.8 per cent on Friday but still had a 4.46 per cent gain for the week, its best weekly performance since October 2020.

Business confidence is approaching lows not seen since the beginning of the pandemic, according to a survey by CCIWA, but the construction industry has a much improved outlook.

The opposition says the government is trying to till the soil for changes to the stage three tax cuts.

WA EPA tightens screws on Chevron’s project

Skills Minister Brendan O'Connor says the federal government is working with businesses and state counterparts to address critical skills shortages.

EXCLUSIVE: The state coroner's office has confirmed it is investigating disturbing claims from a metropolitan hospital doctor that a patient was taken to the morgue before they had died.

Millions to pay cost of tax reversal

The local share market has rallied for a second day on hopes aggressive interest rate hikes are finally moderating.

The central bank has shifted gears and moderated its rate hikes, with some economists concerned this could prolong the rate hiking cycle.

Tech unicorn VGW hits profit jackpot

The legal fees Joe Scaffidi and his brother Gino incurred while locked in a seven-year feud will be paid for by the very estate the pair have been sparring over.

Pilbara Minerals hit an all-time high today as lithium stocks led a strong rally on the local bourse.

The nation’s central bank has reacted to concerns about the pace of interest rate rises with a softer-than-expected decision, lifting the official cash rate 25 basis points to be 2.6 per cent.

Stopping inflation may be harder than many expected, while the merits of proposals to boost wages such as pattern bargaining are not clear.

The local share market has rallied more than two per cent in early trading and is on pace for its best day since January 28.

Billionaires given another extension over prime land deal 

The ASX200 index has finished down 0.27 per cent, clawing back most of its morning losses after almost hitting a two-year low.

Mining giant coy on West Musgrave

Detectives have launched Operation Geonosis to hunt down a gunman behind the bikie-linked murder of a 34-year-old man.

The local share market has fallen again, closing the week down 1.5 per cent and for the month down 7.3 per cent.

Hopes of a smaller interest rate rise may have been premature with most experts forecasting another 50 basis point hike.

Rio comes out swinging over Jabiluka

The local bourse has enjoyed its best performance in three weeks after the Bank of England took emergency measures to stabilise markets.

Calculating what WA gets from spending millions of dollars on overseas trade offices is an imprecise task.