The Australian share market has climbed to its highest level in more than four months as investors looked past surging local coronavirus cases to track gains on the US bourses.
The Australian share market has held on to steady gains despite a surge in local coronavirus cases, with investors focusing on reports about the raging Omicron variant being less severe than previous variants.
Western Australia's health system is set to come under extraordinary pressure when interstate borders reopen, even without a surge in local COVID-19 hospitalisations, doctors have warned.
Investors enjoyed their best day on the ASX in almost two weeks as the Reserve Bank gave no hint of imminent rate rises and buyers returned for CSL shares.
WA business sentiment remains higher than pre-pandemic levels and the long-term average, but higher costs and supply chain issues will continue to dominate in 2022, CCIWA reveals.
Investors found few gifts on the Australian market at the start of Christmas week as the prospect of reintroducing virus restrictions weighed on energy and bank shares.
Afterpay and rivals Zip and Sezzle have fallen heavily on the Australian share market due to a possible US probe into consumer harms from their services.
New population data reveals the changing fortunes of Australia’s states, with Western Australia and Queensland achieving solid growth while Victoria suffered a big exodus.
The Federal Court has frozen the assets of Applecross-based Ascent Investment and ordered director Michael Dunjey to surrender his passport, amid a probe by ASIC.
Shares had their biggest loss on the Australian market in more than two weeks as investors brace for the final US Federal Reserve decisions of the year.
There was plenty of optimism to start the week on the Australian share market, despite a US Federal Reserve meeting looming and more warnings about Omicron.
