News

War could put barley back on trade table

WA is set to deliver almost $30 billion of shipbuilding projects by 2040, while the Prime Minister also pledged HMAS Stirling will be the home base for new nuclear submarines.

Motorists might welcome any easing of oil prices but investors watched falling commodity prices ruin any chance of ASX gains.

The federal government has plans for a $4.3 billion dry dock facility in Henderson, Western Australia, according to its latest pre-budget announcement.

$7b extra for gas & oil giants

Banks and healthcare giant CSL helped the ASX to its best day in six weeks as an expert tipped more investors to buy Australian value shares.

Two members of the federal coalition's junior partner have called for a cut in the fuel excise as petrol prices continue to climb above $2 a litre.

Griffin Coal’s first disclosed financial results in four years have revealed the loss-making Collie miner retains the support of its lenders for at least 12 more months, despite slashing the value

Investors moved the ASX lower after accepting US rates are almost certain to rise next week due to record inflation.

Missing from the discussion of a more rapid shift to renewable energy is the small matter of who pays.

A day after the announcement of Guy Debelle's resignation, Reserve Bank governor says there are strong internal candidates for the deputy governor role.

Extra $2b to fight winter virus surge

Investors relieved by easing oil prices have pushed the Australian share market to its best gain in four weeks.

Some of Australia's biggest companies have opted into an emissions reduction reporting scheme that should show whether cuts match their public commitments.

New rules to keep your kids in class

Lanie Chopping has been appointed as director general of the Department of Local Government, Sport and Cultural Industries after being in the interim role for almost one year.

The ASX200 had its strongest gains in three weeks despite an RBA warning that higher oil prices will increase annual inflation to four per cent this year.

RBA governor Philip Lowe has told a business conference inflation could reach four per cent-plus as a result of the Ukraine war and the floods in Australia.

Hinge of history calls for action

The ASX200 dipped below 7000 points for the first time since the early stages of the Ukraine war, while the US and European allies discuss banning Russian oil imports.

Australians are back on the move and buying homes again following the end of COVID-19 restrictions.

PM: Supply chains must be just in case, not just in time

Australian shares' longest winning streak of the year has unravelled after lofty commodity prices, pushed higher by fears over Russian supply, finally eased.

Australian superannuation funds are being urged by the treasurer to divest Russian assets and join the government in putting a squeeze on Vladimir Putin.

Ukraine war could reignite boom for gas

Investors are enjoying the longest winning streak of the year on the ASX as energy and materials shares keep rising due to economic sanctions on Russia.

The corporate watchdog has taken to the Federal Court in a bid to appoint provisional liquidators to Applecross-based Ascent Investment just months after having its assets frozen.

Political leaders are making up for lost time in WA as the state's hard-border measures are eased after almost two years.

IAG faced with $300m bill tied to Greensill fail

US President Joe Biden has thanked Australia's efforts to combat Russian aggression in Ukraine in his inaugural State of the Union address.

Shares on the ASX are on their longest winning streak this year as the Russia-Ukraine war lifts commodity prices along with energy and materials stocks.

Exxon Mobil has become the latest major Western energy company to quit Russia following Moscow's invasion of Ukraine.