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The Australian share market has edged higher as the rotation continues from Australia's expensive retail banks to its cheaper major miners.

US stock indexes inched their way to more records on Monday to kick off a week full of profit updates from big companies.

Renewables reset for the regions

The local bourse has been unable to push further into record territory, suffering its biggest loss in three months following a similar rally in the previous session.

The S&P 500 and Nasdaq Composite ended little changed, overcoming a brief dip triggered by a report indicating Donald Trump was pushing for new tariffs on European Union products.

ATO probes data centres profit shifts

The Australian share market has finished at a record high for the third time this week, with every sector gaining ground in the bourse's biggest rally in three months.

Wall Street rose to records on Thursday following better-than-expected updates on the economy and a mixed set of profit reports from big U.S. companies.

ALP may wipe $1b welfare debt

The Australian share market has set another record after the unemployment rate rose to its highest level in nearly four years, increasing the odds of an interest rate cut.

Longstanding Car Group chief executive Cameron McIntyre has announced he will step down as the company's managing director and chief executive.

Wall Street benchmarks closed modestly higher overnight, despite an interesting half hour time period.

RBA seeks power over cash flow

The local share market has dropped from record levels after US government data showed inflation re-accelerating amid President Donald Trump's trade war, reducing the odds that the world's biggest economy will cut interest rates soon.

The Nasdaq Composite posted its latest record finish overnight, while other Wall Street benchmark stocks dropped.

Fix green laws, fix growth

The local share market has closed at its highest level for the second time in a fortnight after China reported better-than-expected quarterly economic growth.

Australia's central bank wants to remove surcharge fees on both debit and credit cards in a move it expects would save consumer more than $1 billion.

Wall Street stocks closed marginally up overnight as investors sidestepped any meaningful moves following US president Donald Trump's latest tariff threats, and held steady ahead of a busy week of economic data and the start of earnings season.

Corporate tax cuts can wait: CBA

The local share market has edged lower as traders debated whether Donald Trump's latest tariff threats are just a negotiating tactic or have a real chance of being implemented.

Wall Street ended the week lower, with Meta Platforms weighing on the S&P 500 after president Donald Trump intensified his tariff offensive against Canada, amplifying the uncertainty swirling around US trade policy.

Retirees take super risks as funds trust falls

Strong gains by the mining giants were not quite enough to keep the local bourse in the green, with every other sector losing ground.

Outgoing Boral chief executive and managing director Vik Bansal has added another director role to his portfolio, joining Soul Patts' board from August 15.

The S&P 500 and the Nasdaq Composite rose modestly to post record closing highs overnight.

Big super backs dual-class push

The Australian bourse has bounced back after the Federal Reserve signalled a US rate cut remains on the table, despite uncertainty stemming from Donald Trump's trade wars.

Wall Street indexes closed higher overnight.

China ‘could punish Australia again'

The Australian share market has lost ground as Donald Trump expanded his trade war by announcing steep new tariffs on copper - although goldminers suffered the most in trading.

The S&P 500 ended a choppy session slightly lower overnight.