News

Inflation cooled to 4.9 per cent over the 12 months to October, down from the 5.6 per cent growth recorded by the Australian Bureau of Statistics in September.

The Australian share market finished up 0.4 per cent, while the local currency hit its highest level against the greenback in four months.

Small firms ‘propping up’ cash flow, ATO warns

US stocks have closed mixed as investors digested data pointing to possible slowing economic conditions.

The local share market closed the day 0.2 per cent higher but finished the week down 0.1 per cent.

The local share market closed down 0.6 per cent to hit its lowest level in a week following a speech by RBA governor Michelle Bullock.

The ASX200 finished 0.1 per cent lower, in the bourse's fourth straight session of quiet trading during a holiday week in the United States.

Bullock: Pay growth risks higher rates

Optus top job up for grabs as CEO quits