News

AGL Energy is abandoning plans to split into two separate entities, while flagging the departure of chair Peter Botten and chief executive Graeme Hunt.

Dutton’s approval rating only 19 per cent in WA

The Australian share market has closed 1.1 per cent higher for its best session since last Friday.

Resources billionaire Gina Rinehart has been named Australia’s wealthiest person for a third consecutive year, followed closely by fellow Western Australian and iron ore magnate Andrew Forrest.

Economists expect retail spending managed to grow in April despite a series of hurdles, but new data won't capture the impact of a rise in interest rates.

McGowan ‘childish’: Andrews

The local share market has closed down 0.7 per cent with every sector losing ground except for technology, boosted by Appen's $1.2bn takeover offer.

Economists expect figures will show business investment picked up further in the March quarter, providing a boost to growth in the upcoming national accounts.

Pilbara Minerals has reinforced analysts’ bullish lithium predictions after securing a record price

The local share market has recouped Tuesday's losses, with gains for the big banks and supermarkets, but the tech sector again had a dour day.

After being thrust into the international spotlight, Prime Minister Anthony Albanese will focus on his domestic agenda when he returns from overseas.

Andrew Forrest’s family office Tattarang is seeking buyers for Perth’s Roe Highway Logistics Park, just three years after launching it with two WA property developers. The Fin

The Australian share market faded on Tuesday to close down slightly amid concerns that COVID-19 lockdowns have damaged China's economy.

The Australian Electoral Commission's latest figures give Labor 75 seats to the coalition's 59 as the vote count continues.

Labor to hold back green wave

The Australian share market started up by as many as 50 points after the weekend's federal election, but faded by the end of the day.

Australian chemical company Incitec Pivot plans to demerge its Australian fertiliser business into a new company.

The Liberal Party is taking stock in the wake of an election defeat but is turning its focus to a replacement for Scott Morrison as leader.

BP’s green transition set to soar with aviation fuel

The local market closed up 1.1 per cent on the day, and has been up five of the past six sessions.

Blackstone’s $8.9 billion proposal to buy Crown Resorts has won over shareholders, but the deal still hinges on gaming regulatory approval from Victoria, NSW and Western Australia.

Australians in isolation due to COVID-19 will be able to vote in the federal election following last-minute changes to electoral rules.

Given the looming commodities shock, rising interest rates and inflationary pressures, the May 21 election is increasingly looking like a contest worth losing.

Parties zero in on watershed west

The Australian stock market has fallen sharply, with major retailers hitting multi-year lows on fears of rising fuel and freight costs.

This year most disruptive ever, says Toll chief

The major miners have led the ASX higher, with iron ore prices rising as China reopens.

Wages in WA have performed worse than any state in the year to March, and were running more than 5 per cent behind inflation.

New data suggests the sharp rise in inflation and an expected rapid rise in interest rates will take the edge off Australia's economic expansion.

Woodside CEO ‘feels good’ about $63b BHP deal vote

The local share market has posted its third consecutive winning session, although the gains were modest.

The ANZ-Roy Morgan consumer confidence index has fallen for a fourth straight week to its lowest level since mid-August 2020.