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Soldiers from overseas could join Australia's defence forces under an option being considered to grow the military amid issues with recruitment and retention.

New home building at decade low

The local share market has slipped again as traders digested Federal Reserve minutes and more clashes in the Middle East.

The local share market was down 0.3 per cent at noon as traders digest Federal Reserve minutes and more Middle East clashes.

The rising cost of housing, groceries and other goods may help explain the vast gap between normal earnings and how much it would take to feel wealthy.

Heat on PM over talks with Joyce

After its near-record start to 2024, the local share market has finished down 1.4 per cent, its worst one-day drop since July, with losses across every sector.

The prime minister wants four-year fixed terms for federal parliament, but admits the limits are unlikely to change soon.

Wall Street has finished lower after the first day of trading in 2024 as a move higher in Treasury yields triggered declines among big tech names.

Crackdown on foreign PE tax plans

The ASX200 came within a tenth of a point of its all-time record set August 13, 2021 this morning, before closing just five points under it.

Western Australia's ban on the commercial logging of native forests could protect two million hectares of trees for future generations.

RBA set for September cash rate cut

Everyone at Business News would like to thank you for your support during 2023 and wish you a Merry Christmas and a safe, happy New Year.

The local share market has finished flat for the day but rose 0.8 per cent for the week, notching a four-week winning streak and its longest since early 2023.

Shoplifting rates hit record high

The local share market dropped 0.5 per cent, closing lower for just the second time out of the past 10 sessions.

Claims by power companies their profit margins are under threat from price caps have been played down by the federal energy minister.

Rate cut bets spark Santa rally

Australian shares have continued their year-end rally with the ASX200 posting a 0.6 per cent gain and setting a new ten-month high.

The consumer watchdog has poured cold water on merger reform models proposed by Treasury and says its compulsory notification model strikes the right balance.

Red Sea attacks risk imports, oil

The local bourse has closed up 0.8 per cent to finish at its highest level since early February, in what one analyst called a textbook Santa rally.

The end of the year has brought a ripple of optimism among consumers even as financial pressures stick around.

King grants Turkey steep rise in flights

The local share market has finished 0.2 per cent lower after a Federal Reserve official pushed back on the idea of rate cuts in early 2024.

Labor loses lead, PM's ratings dive

The local share market finished Friday up 0.9 per cent to gain 3.4 per cent for the week after the Fed's dovish pivot.

Australia's energy transition is urgent and faces significant risks if red tape, community uncertainty and supply chain issues are not fixed, officials warn.

Coal power ‘to be gone in 15 years'

The ASX200 has closed up 1.65 per cent to hit a four-month high, while the Aussie dollar climbed to more than 67 US cents on a mixed domestic jobs report.

Some 61,000 jobs were added to the economy in November as the jobless rate lifted to 3.9 per cent, Australian Bureau of Statistics data shows.