News

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.

Last-ditch bid to win in the west

The ASX has finished in the green, with Brambles posting double-digit gains after the pallet giant confirmed it had been approached about a buyout.

Sage clouds Mallee deal

Australian shares have clawed back Thursday's losses with across the board gains, closing out a volatile week with the local bourse's best single-day performance in 15 weeks.

EXCLUSIVE: Zempilas in talks to cut radio hours, while two food and wine institutions - Broadfield and Jordan - depart the morning paper.

Labor pledges $1b fund for new technologies

Australian technology stocks have suffered their worst single-day losses since early in the pandemic, while the local bourse hit a fresh 14-week low after declining for a fourth day in five sessions.

Western Australia has recorded another 16,670 COVID cases overnight, sending the number of active infections in the state beyond 75,000 for the first time since the pandemic began.

Commonwealth Bank of Australia third quarter cash profit has remained steady at $2.4 billion as growth in home and business lending was offset by the impact of ongoing margin pressure.

Premier to announce cost-of-living energy bill bonus in election eve State Budget

The Australian share market has finished in the green for the first time since last Thursday, rising slightly higher ahead of key US inflation data due to be released overnight.

‘Flush’ McGowan eyes healthcare fix

The local bourse has suffered its third losing session in a row, but the damage ended up being not nearly as severe as it had been in early trading.

BP grabs Pilbara hydrogen hub stake

The local bourse has sunk to a nearly two-month low, as last week's rollercoaster ride shows no signs of abating.

Westpac has posted a 12 per cent drop in first half cash earnings to $3.1 billion, on the back of competitive pressures in the home loan market and increased provisions for bad debts.

Proxy adviser opposes Woodside’s climate plan

The ASX dropped 2.2 per cent to finish the week down 3.1 per cent, with losses across the board in what an analyst described as "complete carnage".

One of the state's two deputy police commissioners, Gary Dreibergs, has ended his 40-year career and will not be in the running to replace the outgoing commissioner Chris Dawson.

Many big businesses showed impressive flexibility to get through the worst effects of COVID, but some seem to have failed to plan for the next step.

Labor triggers Premier revolt over live-trade

The Australian Stock Exchange has finished broadly higher after the US Federal Reserve said aggressive interest rate hikes weren't under active consideration.

Former ANZ financial advisor Steven Talevski has failed to quash Perth entrepreneur Natasha Di Ciano’s legal claim against him for allegedly accessing her bank records.