Australian shares have clawed back Thursday's losses with across the board gains, closing out a volatile week with the local bourse's best single-day performance in 15 weeks.
On today's episode of At Close of Business, journalists Jordan Murray and Matt Mckenzie discuss how two Labor leaders differ in their approach on wages, and the factors businesses will consider when assessing pay.
One of Australia's top corporate dealmakers, Jarden's Aidan Allen, has splashed $4.2 million on a house in Perth but we're told he is not moving west. It's for holidays.
The opposition has criticised the state budget, claiming the promise for 530 hospital beds is a band-aid solution and the one-off power credit is "pocket change" amid rising living costs.
Mark Pownall and Mark Beyer discuss the state budget, DAP reforms, 40under40, John Van Der Wielen, Rebecca Tomkinson, Ron Sayers, arts dividends and special reports on lawyers and architects.
Union figureheads have decried the state government's public sector wages policy despite the premier insisting it will deliver wage growth in line with inflation.
On today's episode of At Close of Business, political editor Gary Adshead and senior journalist Matt Mckenzie review the highlights from today's budget announcement.
Fiscal discipline may be Mark McGowan's bread and butter, but today's budget announcement was packed with new spending commitments for the state's health, education and tourism sectors.
Five years after the state government declared it wanted to make electricity prices cost reflective, Synergy is set to receive about $1.7 billion of subsidies over the next four years.
Australian technology stocks have suffered their worst single-day losses since early in the pandemic, while the local bourse hit a fresh 14-week low after declining for a fourth day in five sessions.
BHP has signed a $9.2 million contract with Aboriginal business Karlka FenceWright and pledged to more than double its annual spending with the sector.
