News

The ASX200 finished 0.2 per cent higher, with losses by the big four banks countered by gains by goldminers, iron ore producers and uranium companies.

Banks face $350m hit in rural levy

The local share market finished Friday up 0.7 per cent, but couldn't recoup all of its losses from the start of the week.

Wall Street's main indexes closed lower overnight after federal reserve chair Jerome Powell dampened investors' hopes for another interest rate cut this year by saying the US central bank need not rush to ease monetary policy.

Hopes fade for rate cut before polls

Prominent businessman Ian Dorrington has been remembered as a highly respected member of the Perth broking community following his sudden death.

The ASX200 has edged higher to lift itself out of a three-day losing streak, as gains in IT stocks and financials outweigh a sluggish materials sector.

The Dow and the S&P 500 ended slightly higher overnight while the Nasdaq lost ground after October data showed consumer prices rising in line with expectations.

Systematic failure in super: ASIC

The ASX200 has fallen for the third straight session, with financials and mining stocks weighing heavily on the market.

Australia believes it can play a role in negotiating trade disagreements between the US and China under a second Trump administration, as PM Anthony Albanese confirmed he discussed trade with the incoming president.

Labor failing to stem migration

The local bourse has ended 0.1 per cent lower as falling commodity prices hit energy and materials stocks.

Wall Street's main indexes notched record high closes overnight, lifted by stocks expected to benefit from Republican US President-elect Donald Trump's potential fiscal policies.

Green boom at risk from trade war

The ASX200 has slipped 0.4 per cent after investors punished mining stocks for a dip in commodity prices following underwhelming Chinese stimulus measures.

The S&P 500 briefly surpassed the 6000 mark and closed with its biggest weekly percentage gain in a year.

‘Economy won’t avoid Trump hit’

The ASX climbed for its third day in a row on hopes of stimulus from Beijing and a US central bank cautious when queried on the inflationary outlook under a second Trump presidency.

US stocks closed higher after the Federal Reserve announced an interest rate cut, extending a sharp rally sparked by Donald Trump's return as US president.

PM presses Trump on AUKUS pact

The local bourse has bounced around as traders digested the implications of former president Donald Trump's return to the White House for Australian companies.

The competition watchdog has approved the $8.8 billion merger of pharmacy businesses Chemist Warehouse and Sigma Health, after deciding it won't hamper consumer choice.

Win to hit Australian economy

The Australian share market finished in the black as counting continues in the US presidential election.

US stocks closed higher overnight in a broad rally after data signalled a solid economy.

Bullock to PM: Don’t fuel inflation

The ASX200 has ended 0.4 per cent lower with financials and consumer stocks among the major losers.

American stock indexes traded flat to lower as investors braced for a pivotal week for global markets in which the US will elect a new president.

Investors hit back as Ellison out

The ASX200 has posted gains while investors wait for the outcome of the Reserve Bank meeting and any hints of when interest rates might be cut.

Cooper Metals has announced that founding managing director Ian Warland has resigned from the company, effective immediately.