News

Telstra has announced the retirement of long-serving chief executive Andrew Penn, who will be replaced by chief financial officer Vicki Brady.

BUDGET: ‘Game changer’ $27b capex tax break killed

Technology shares and the ASX are back in vogue for investors and the market cruised to a sixth consecutive day of gains.

Repeated government promises to help households facing financial pressures have failed to lift confidence or tame inflation fears.

Cobalt hard to dislodge: Greenstone

Australia's share market had a marginal gain as investors found bond yields increasingly attractive in a rising interest rate environment.

Tuesday night's federal budget is expected to include a cut to the fuel excise as well as assistance for more first home buyers.

Fuel tax cut, $18b extra for roads, rail on way

The Australian share market has closed at its highest level in more than two months, buoyed by gains in materials, energy and utility stocks amid soaring commodity prices.

Transition from oil needs ‘logical steps’

Australian shares have kept their run higher going, while the prospect of more sanctions on Russia could dictate trading behaviour tomorrow.

Western Australian billionaires Gina Rinehart and Andrew Forrest have topped the list of Australia’s wealthiest 250 for 2022, with Canva founders Melanie Perkins and Cliff Obrecht scoring a spot in the top 10.

A new survey has found employers are facing higher wage demands from candidates seeking employment.

Mining struggles to attract Gen Zs

A charmed run for the ASX has continued while one analyst is pondering whether bond investors wary of higher rates are about to end the run.

The National Skills Commission says job advertisements on the internet rose by a further 3.6 per cent in February.

ALP’s $15m pledge for the road ahead as McGowan snubs Marles

Market heavyweight BHP jumped five per cent and the ASX rose for a fourth day in the past five as it thrives on demand for commodities.

Consumer confidence has dropped to its lowest level since September 2020, undermined by persistent concerns over the inflation outlook.

Forrest's landmark overhaul plan is not everyone's cup of tea

A bright start for the ASX gave way to minor losses, but investors will hope talk of peace in Ukraine produces another rallying week.

Prime Minister Scott Morrison says his government is fully aware of the cost of living pressures Australians are facing and is promising a budget response.

Oil explorer Finder Energy completes book build for $15m IPO

Investors have enjoyed their best week on the Australian share market in more than 12 months, despite a US rate rise and war in Ukraine.

In a major speech two weeks out from the federal budget, Josh Frydenberg says the government will tackle the deficit while helping families with cost pressures.

Budget recovery to hit tax cap

There was no gloom on the ASX despite the US rate rise decision, and the Australian market closed higher for the third day this week.

The national unemployment rate is now lower than Western Australia's, with a rate of 4 per cent across the country slightly less than 4.1 per cent out west.

The Crown royal commission has just been completed but another ‘closed doors’ inquiry will be pivotal in determining the company’s future.

Plea to end vax mandate

Australia's share market gained more than one per cent before an expected rate rise from the US Federal Reserve.

Plans to bring forward tax cuts for middle and high income earners to this year's 2022/23 federal budget could reportedly be shelved.