News

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

Government to invest $1b in green fuels

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.

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.

The three major US stock indexes closed higher overnight.

Apocalyptic climate risk on horizon

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.

Ian Testrow-led Emeco Holdings has responded to a media speculation regarding a prospective control proposal of the company.

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

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

Mooted tax a threat to energy goals

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.

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

Super funds scale back foreign currency risk

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

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

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

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

Hostplus cuts Lendlease stake amid fight

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

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.

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

Risk to rock art behind Woodside's project delay

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

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

Banks to raise fees if surcharges go

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

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

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

PM's call to get behind climate plan

Economist Aaron Morey has emerged as the new chief executive of the Chamber of Minerals and Energy WA, ending the search and succeeding Rebecca Tomkinson.

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.