News

True cost of Endeavour spin-off revealed

The ASX200 rose 0.7 per cent to finish at a six-week high, while the Aussie dollar climbed to its highest level in two weeks against the greenback.

Australia and the US maintain a strong economic relationship, the foreign minister says, as Donald Trump retakes office as president and spikes concerns about trade tariffs.

Dutton eyes TikTok to lure voters

The ASX200 has risen on the back of strong international sentiment as Donald Trump prepares to return to the White House, with gains for major miners and banks.

US stocks rallied on Friday to close out a strong week on optimism over the health of the country's economy and path of interest rates.

Preferred PM: Dutton draws level

The ASX200 index has finished Friday down 0.2 per cent, but has risen by a similar amount for the week.

US stocks dipped overnight as a jump in the prior session cooled.

Coalition to lean on ‘woke' banks

The ASX200 index has risen 1.4 per cent, with every sector gaining ground after US inflation came in cooler than expected.

Hopes for an IPO revival to save shrinking ASX

The ASX200 index slipped 0.2 per cent before latest US inflation figures are released and may curb expectations of interest rate cuts there.

Telstra rolls out $700m AI boost

The ASX200 index finished up almost 0.5 per cent, with the heavyweight mining sector climbing the most on a jump in Chinese demand.

The Nasdaq fell overnight, while the benchmark S&P 500 bounced off a two-month low and eked out a slight gain.

Step up in the Pacific: Labor to business

The ASX200 fell 1.2 per cent and the dollar hit a nearly five-year low after a strong US jobs report lowered expectations for quick rate cuts.

Dutton targets waste, handouts

The ASX200 fell on Friday but finished the week 0.5 per cent higher, recovering from a slight fall during the previous five days of trading.

Double-dipping uni VCs face crackdown

The ASX200 index has managed to recoup some of its losses and finish on the highs of the day, down just a quarter of a percentage point.

Little changed for US stocks overnight, in a session where they struggled for a clear direction.

Meta move casts cloud on election

The ASX200 hit a four-week high after a report of cooling inflation raised hopes for Australia's first interest rate cut in four years.

Labor faces $7.4b wages black hole

The ASX200 has risen 0.3 per cent as the Australian dollar climbed to its highest level since December 19.

Big super admits its size is a risk

The Australian dollar has hit a one-week high but could be at risk of further decline depending on an upcoming inflation readout.

US stocks rebounded last week as investors near the end of a holiday-shortened period that also rang in a new year.

Labor's $26b blowout on social spend

Everyone at Business News would like to thank you for your support during 2024 and wish you and your family a safe and happy festive season.