News

Jump in jobs fuels rates bets

Mining giant BHP has warned of cost pressures and uncertain international economic conditions in the year ahead.

The local bourse lost steam to close essentially unchanged after better-than-expected employment data increased the odds of another rate hike.

Western Australia's seasonally adjusted unemployment rate fell back 0.1 per cent in June to 3.6 per cent, as the national figure held steady at 3.5 per cent despite an employment uptick.

ALP battery plan could ‘hurt GDP'

The ASX rose 0.55 per cent after weak US retail sales data raised hopes that the Fed's expected rate hike in July might be its last.

‘Progress': Chalmers meets China peer

The local share market has finished down 0.2 per cent after Reserve Bank minutes indicated the central bank might hike rates in August.

Climate heat goes on cars, farms, waste

The local share market has finished down ever so slightly as traders digested weaker-than-expected second-quarter gross domestic product figures from China.

APRA fails on unlisted super risks

The ASX rose 0.8 per cent to end its best week since November after another dove bearing soft US inflation data signalled the end of rate rises is nigh.

Fortescue ‘safe' despite Forrest split

The local share market closed 1.6 per cent higher after weak US inflation figures raised hopes the Federal Reserve could be nearing the end of its rate cycle.

PwC reveals partner pay, misconduct cases

Australian power couple Andrew and Nicola Forrest have announced their separation but say the split will have no impact on the direction of their business empire.

The local share market has finished 0.4 per cent higher after a positive lead from the US, with rising commodity prices benefiting energy and materials sectors.

Reserve Bank governor Philip Lowe has laid out a major shake-up of the central bank in the wake of a wide-ranging review into the institution.

The Australian government remains hopeful of striking a deal with the European Union on free trade, as the latest talks stall.

Labor hints at further cost respite

The local share market has finished 1.5 per cent higher after sliding bond yields and new Chinese economic stimulus sent investors flocking back to equity land.

Anthony Albanese has confirmed Australia's entry into a German-led "climate club", which some groups say will push the nation to do more on emissions cuts.

China slips closer to deflation

The local share market changed gears to finish the day 0.54 per cent lower after unexpectedly weak Chinese inflation data rattled investors.

Neighbours are alarmed about a proposal to extract gravel at a picturesque vineyard and function venue in the South West.

Another PwC partner sent out tax info

The local bourse plunged 1.69 per cent lower as rising bond yields led to broad sell-offs across the entire market.

The S&P/ASX200 plunged down more than 1.5 per cent in early trade this morning following a broad sell-off in the US markets overnight.

Tech giants used PwC to beat tax law

The local bourse has fallen 1.24 per cent, driven lower by miners and fears of future interest rate rises by the US central bank.

Japan: LNG could shift to Alaska

The local bourse has fallen 0.35 per cent after underwhelming Chinese economic data raised fears Australia's largest trading partner is heading for a slowdown.