A copper-infused mining rally has boosted the bourse to a modest gain as development-exposed real estate stocks struggled under a hawkish interest rate outlook.
The Australian dollar has surged to its highest value in three weeks as bets narrow on a 2026 interest rate cut, smothering an early boost for equities.
US stocks closed modestly lower overnight, weighed down by a jump in treasury yields and economic data that showed tariffs remained a drag on the manufacturing sector.
Australia's share market has started the month on the back foot, tracking a turnaround in global risk appetite after a hawkish speech from the Bank of Japan's governor.
IGA supplier Metcash has delivered a $142.2 million first-half net profit, up barely 0.3 per cent from a year ago, after tobacco sales dropped by 35 per cent.
US stocks climbed on Friday (Saturday morning AWST) in thin trading volume during a shortened session after Thanksgiving, driven by gains in retail and a recovery in tech stocks.
Mader Group has claimed the premier accolade at the WA Business Awards, with Cancer Council WA, Pindari WA and Revo Fitness among the suite of companies celebrated.
A legal battle that has erupted over the multimillion-dollar estate of the former prince Andrew and Jeffrey Epstein accuser Virginia Giuffre might get even bigger.
Major environmental reforms will not push up energy bills and might provide relief by fast-tracking renewables, with the laws set to clear the parliament.
Economists say the Reserve Bank might have lowered interest rates too far after a surprise inflation print revealed price pressures are still running hot.
Wall Street extended its rally overnight as revived tech strength and the increasing probability of a December interest rate cut from the US Federal Reserve put investors in a buying mood.
Wall Street has extended its rally as a spate of economic data appeared to support the case for the US Federal Reserve to implement its third and final rate cut of the year in December.
