News

Businesses dabbling in price fixing and other anti-competitive behaviour will be hit with harsher punishments under proposed legislation.

Union 6, Woodside 0 in gas battle

The Australian share market finished 0.4 per cent higher, a modest recovery after its three-day sell-off.

A force majeure clause has long been standard in contracts, but COVID may change the way risk is distributed.

Labor scolds Optus, flags stricter laws

After taking a break for the public holiday, the local share market has picked up where it left off - by sinking lower as central bank rate hikes weigh on sentiment.

Prime Minister Anthony Albanese and opposition leader Peter Dutton have led tributes to the late Queen in parliament.

It's all eyes on China for WA's iron ore sector as that nation's property crisis lurches from bad to worse.

Treasurer warns worst yet to come

Nearly every sector of the local share market has lost ground as the ASX dropped another 1.56 per cent to its lowest level since July 19.

Supermarket giant Coles is selling its fuel and convenience stores operation for $300 million.

Boom's $50b budget gift

The local share market has moved mostly higher as Reserve Bank of Australia minutes suggest the pace of rate hikes may soon ease.

Putting food waste to good use is a long-term mission for the Nork team.

The world says farewell

The property sector has gained ground, mining and financials were flat and the rest of the share market receded in a day of directionless trading on the ASX.

Rising interest rates are a double-edged sword for home buyers as they reduce borrowing capacity but also drive prices down, the RBA says.

Perth company CleanSubSea is commercialising technology developed over more than a decade.

Lithium giant sees value in MinRes spin-off

The local share market fell 1.4 per cent on Friday to finish the week down 2.3 per cent, as hawkish talk prevails among central bankers.

Labor changes tune on WA coal imports

The local share market has closed modestly higher though it still has a long way to go before recouping its losses on Wednesday, the worst day in three months.

Western Australia's jobless rate has fallen to 3.1 per cent in August, the second lowest among states and territories.

Wall Street stocks have closed higher as an on-target inflation report largely staunched the flow of the previous session's sell-off and investors pressed the "pause" button.

Thiess urges lukewarm MACA investors to accept takeover

The Australian stock market has suffered its worst losses since June 14, falling along with markets around the world on predictions of aggressive US rate hikes.

Policymakers who leaned into big government to deal with the pandemic may face increasing pressure to do more on public sector wage increases.

The Australian stock market is on pace for its worst day since June 14 after falling in early trading in the wake of a worse-than-expected US inflation report.

UniSuper stands up to climate activists

The Australian share market has climbed to a finish above the 7000-point mark as investors await another monthly report on US inflation.

The public submission period for the inquiry into the secret appointments of former prime minister Scott Morrison is open.

Postcodes in regional WA were among the best performing for income growth in the period after the last resources boom.