AAP

Businesses MIA on rooftop solar

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Australian households are generating nearly four times as much solar energy as retailers, manufacturers and other non-residential buildings, with most commercial rooftops panel-free.

Wall Street closes mixed as tech rebounds

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

US stocks have ended ‌mostly higher, led by gains in the Nasdaq and chipmakers as investors sought bargains after Friday's sharp sell-off.

Labor gets 'message' after historic poll for One Nation

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Labor insists it's implementing "big changes" as voters abandon the major parties, with new polling showing Pauline Hanson's right-wing party is the most popular for the first time.

Wall Street ends sharply lower as chips stocks slide

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Wall Street's nine-week winning streak has ended with a thud as red-hot technology stocks suffered their ‌largest daily decline since April 2025.

Shares drop as metals prices weigh on miners

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Australia's share market has ended the session and the week lower as softening commodity prices and stalled Persian Gulf peace talks dent investor sentiment.

Watchdog inquiry launched into KPMG

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

The head of ASIC has confirmed a broader investigation is under way into Big Four consulting firm KPMG following allegations from whistleblowers.

Wall St ends mixed as chip sell-off weighs on Nasdaq

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Wall Street has advanced as progress toward ending the Iran war buoyed investor sentiment, while disappointing results from Broadcom led a chip sell-off that pulled the Nasdaq lower.

Tax changes won't deliver productivity or GDP boost

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Changes to negative gearing, capital gains tax and trusts have not raised Treasury's assumption that productivity will grow at 1.2 per cent in the medium term.

Investors flee to safety as business confidence wanes

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Australia's share market is on track for a negative week as US-Iran tensions and wobbles in the US tech narrative weigh on an already grim growth outlook.

Housing slowdown sharper than Treasury forecast: CBA

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Reserve Bank officials will respond to economic growth figures and a home price slowdown as they front a parliamentary hearing on Thursday.

Wall St ends lower as Mideast tensions escalate

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Wall Street stocks pulled back from record highs ‌as flaring tensions in the Middle East and rising crude prices stoked inflation jitters and convinced investors to take some profits.

Shares bounce as rate hike fears ease

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Australia's share market has snapped a two-session losing streak after weaker-than-expected economic growth softened the outlook for further interest rate hikes.

‘Capability that matters’: submarine switch played down

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

The government is being forced to defend the multi-billion-dollar AUKUS deal after it was revealed Australia won't receive new submarines from the US.

Wall St ends higher as AI zeal betters Mideast jitters

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

The S&P 500 and the Dow closed modestly ‌higher as risk appetite driven by AI fervor was counterbalanced by tensions arising from US-Iran talks to reopen the Strait of Hormuz and end the months-long war.

Shares pare losses as mining stocks bounce

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Australia's share market has trimmed early losses but ended the session slightly lower, with Persian Gulf tensions and underwhelming economic data weighing on confidence.

Low-paid workers to receive 4.75pc wage rise

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Millions of workers on industry awards will get a 4.75 per cent annual pay rise, but minimum wage earners will receive a larger boost of six per cent.

Wall Street gains on tech gains, peace hopes

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Wall Street stocks have posted modest gains as investors watched developments in US-Iran peace negotiations and cheered the unveiling of a new computer chip that promises to bring artificial ‌intelligence to personal computing.

Deal hopes help shares end rocky week

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Australia's share market has edged higher after a volatile week, supported by hopes of a US-Iran deal and softer-than-expected local inflation that took some pressure off the Reserve Bank.

Wall Street advances as US and Iran eye truce extension

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

The S&P 500 and the Nasdaq have posted record closing highs after news reports said the US and Iran had reached a draft agreement to extend their ceasefire ‌for 60 days while investors also digested key inflation data.

Shares drop and oil surges as US, Iran trade strikes

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Australian shares have had their worst day in weeks after a re-escalation of the US-Iran conflict dimmed hopes of a peace deal and boosted oil prices.

Labor hails controversial tax overhaul as 'for workers'

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Treasurer Jim Chalmers introduced the landmark bill to parliament that includes changes to capital gains tax and negative gearing, as well as a $250-a-year rebate for workers.

Shares bounce on cool inflation data but risks remain

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Australia's share market has ended the session higher after cooler than expected inflation data took the pressure of the Reserve Bank to hike the interest rate for a fourth straight meeting.

Underlying inflation still rising as fuel costs ease

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Annual headline inflation fell to 4.2 per cent in April thanks to a cut in the fuel excise, but the underlying impulse is still gathering steam.

Westpac cops $26 million penalty

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Westpac has been fined $26 million for grossly negligent conduct after failing to respond to customers in financial hardship.

ASX slips after US strikes Iran but insists deal intact

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Australia's share market has pared some early losses, as investors weigh fresh US strikes on Iran against White House assurances of an impending peace deal.

Renewable projects set records but still face headwinds

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Wind farms and solar panels are producing more of Australia's electricity than ever, but slow approvals and investment commitments could stall progress.

Stocks rally, oil and dollar ease on Mideast peace hope

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Stocks have surged, while the US dollar and oil prices slid ‌as the prospect of a deal to end the Iran war buoyed risk appetite.

Shares advance on US-Iran deal optimism

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Australia's share market has started the week higher, as hopes for a deal to end the US-Iran conflict bolstered investor confidence and pushed oil prices below $US95 a barrel.

Synagogue killings sparked warning before Bondi attack

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Australia's spy agency had noted the prospect of terror attacks carried out by lone actors with readily acquired weapons after an anti-Semitic attack in the UK.

Wall Street rises, Middle East hopes lift sentiment

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

US stocks have risen, with the Dow reaching a record closing high, as investors cheered signs of progress in talks to end the Middle East conflict and a strong corporate earnings ‌season.

Shares end volatile week on positive note

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Australia's share market has ended the week higher, buoyed by optimism about a solution to the US-Iran conflict and a slightly less gloomy outlook for local interest rates.

Labor warned against rushing tax overhaul

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

The Greens are likely to give their support to changes to negative gearing and the capital gains discount but businesses fear it will drive investors offshore.