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Aussie businesses are risking data in race to use AI

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One in three Australian businesses are using free artificial intelligence tools to boost their productivity, a report has found, and most are sharing confidential company data with the software despite the risks.

Wall Street dips ahead of Fed rate decision

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Wall Street's three main stock indexes ended lower overnight in choppy trading.

Shares follow Wall Street to finish in the green

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Record overnight results in the United States have paved the way for Australian shares to finish in the green as traders anticipate a critical rates decision.

Liberals risk implosion over 'biblical' climate report

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The federal opposition is on the edge of open revolt over a bombshell climate report, with one frontbencher threatening to resign and a Nationals senator likening the report to a biblical apocalyptic screed.

Wall Street indexes end higher ahead of Fed meeting

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The three major US stock indexes closed higher overnight.

Shares pare early losses but finish lower

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Australia's share market has clawed back most of an early-session sell-off to finish the day slightly lower, as the bourse's third-largest company continued to weigh.

ANZ fined a record $240m over 'widespread misconduct'

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Big Four bank ANZ has been slugged with one of the largest penalties ever for widespread misconduct, ranging from overstating trades to charging dead customers.

Defence spend boost 'not about appeasing the US'

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The defence minister denies that a multi-billion dollar boost to naval capabilities for the AUKUS submarine deal is about easing the concerns of the United States

Wall Street ends mixed as traders look to Fed meeting

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The Nasdaq notched a record high close in a mixed trading session to end the week.

Australian shares recover bulk of week's losses

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Australia's share market has clawed back most of the week's losses, as materials and banks rallied to help end the week on a high.

Former CEO getting $50m payout from Virgin Australia

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After receiving below-market compensation for years, former Virgin Australia boss Jayne Hrdlicka is getting more than $50 million following its successful IPO.

Wall St posts record-high closes after data releases

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Wall Street's main indexes have notched record-high closes following gains in Tesla and Micron Technology while US inflation and jobless data fuelled expectations that the Federal Reserve will cut

Shares continue to pull back as banks weigh

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Banks, health care and discretionary spending stocks have led Australia's share market lower, as continues to retreat from its record peak.

Banks, health care stocks weigh down Aussie market

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Australian shares have continued to slip from late August's all-time high, but analysts remain optimistic about medium-term returns despite the pullback.

Assassination of US conservative commentator horrifies MPs

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Australia's political leaders fear that the shooting of an influential US right-wing commentator is part of a worrying trend of political violence.

Wall Street advances as Oracle soars on AI optimism

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The S&P 500 and Nasdaq notched record-high closes overnight.

Shares finish higher as banks rally, miners fall

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Australian shares have edged higher after a woeful day for miners was eclipsed by strength in the banks and other sectors.

Bank cuts continue with NAB to shed hundreds of jobs

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A major Australian bank has announced more than 400 jobs will be axed, one day after a big-four rival put thousands of roles on the chopping block.

Wall Street gains amid investor bets on Fed rate cut

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The S&P 500 and Nasdaq notched record high closes overnight.

Falls continue for Australian shares as gold shines

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Australian shares have continued to lose ground with energy, healthcare and real estate leading the falls, while gold surged to a new high.

Future Fund eclipses $250bn after bumper return

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Australia's sovereign wealth fund has delivered a strong result for financial year 2025, despite significant global economic turmoil.

AusPost package shipments resume to US

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Australia Post will resume sending parcels to the US for business customers after abruptly ending the service due to tariff upheavals.

Nasdaq notches record high close, traders eye rates

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The Nasdaq notched a record high close overnight, lifted by a rally in Broadcom.

Stocks down as September sell-down continues

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The historically grim market month of September is living up to its reputation, with Australian shares resuming their push lower.

Woolworths, Coles say underpayment costs could hit $1bn

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Woolworths estimates it owes up to $750 million to thousands of salaried team leaders after a court ruling, while Coles' liability could hit $250 million.

Mushroom killer jailed for life, 33 years non-parole

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Erin Patterson has been sentenced to life in prison but will have a chance for release after murdering three lunch guests with deadly mushrooms.

Wall Street ends lower as jobs data fuels economy worry

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US stocks ended the week slightly lower as investors weigh economic worries against optimism over interest rate cuts by the Federal Reserve.

Aussie shares end week lower after Wednesday wipeout

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Australia's share market has edged higher but the sprint to the finish couldn't balance the week's post-earnings profit-taking and a brutal mid-week sell-off.

Joyce scores final multimillion-dollar Qantas payout

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The long-term bonus for former Qantas boss Alan Joyce has vested, granting him a final multimillion-dollar payout following his troubled tenure.

Trump to rebrand US defence ‘Department of War’

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Donald Trump is moving to rebrand the US defence department as the "Department of War", a White House official says in the latest name change of his presidency.

Wall Street gains as data keeps rate cut views intact

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The S&P 500 posted a closing record high overnight as labour market data did not change expectations for an interest rate cut by the Federal Reserve.

Banks bolster bourse as Australian shares rebound

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Australia's share market has clawed back some losses from its worst session in five months, after wobbles in the bond market eased overnight.