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Australian Associated PressSenators to grill RBA boss ahead of June cash rate call
The top line items for Australian economy observers this week include the central bank governor's appearance at a committee hearing and monthly inflation data.
Yahoo Finance AUThe school cost Aussie parents are struggling to meet
As families cut costs, school photos are increasingly seen as an unaffordable luxury.
Australian Associated PressEarly axing of logging falls hard on timber towns
Logging communities in Victoria are trying to pick up the pieces after learning the final death knell for the industry will take effect year.
Australian Associated PressWall St ends higher on optimism about US debt ceiling
US stocks have closed higher as investors cheered the prospect of the country's politicians striking a deal on raising the debt ceiling.
Australian Associated PressInvestors hold their breath amid hopes of US debt deal
US President Joe Biden and Republican Kevin McCarthy are closing in on an agreement that would raise the government's $A48 trillion debt ceiling for two years.
Australian Associated PressASX suffers worst week in two months amid US debt drama
The Australian share market has finished up 0.2 per cent for the day, but closed the week down 1.7 per cent after losses from Monday to Thursday.
Australian Associated PressLatitude dividend unlikely following costly data breach
Latitude says it has set aside $46 million to cover costs related to the cyber theft of the personal data related to 7.9 million past and present customers.
Yahoo Finance AULabor or Liberal? The party that manages our economy best may surprise you
Traditionally, it’s the Liberal Party of Australia that claims to manage our nation’s economy the best, but the data suggests otherwise, writes Graham Cooke.
Australian Associated PressWall Street mixed as Nvidia sparks rush for AI stocks
US stocks have closed mostly higher as investors cheered a positive forecast for chip company Nvidia Corp.
Australian Associated PressWorld stocks in debt ceiling danger zone
News of Germany's slump into recession hasn't weighed heavily on European markets, though the world awaits news of the US debt ceiling decision.
Australian Associated PressAust shares drop 1.1pct, close at eight-week low
The local share market has suffered its biggest loss since March 20 as the US debt ceiling talks drag on with no end in sight.
Australian Associated PressCannon-Brookes, Quinbrook said to win Sun Cable bidding
Mike Cannon-Brookes' Grok Ventures, Quinbrook Infrastructure Partners and an overseas partner have won the bidding for Sun Cable, AAP has learned.
Australian Associated PressTreasury Wine Estates reviewing affordable wine brands
Treasury Wine Estates says it is considering selling or shuttering its wine brands that retail for under $10 as consumer preferences change.
Australian Associated PressWall Streets ends down as US debt-ceiling clouds hover
US stocks have closed lower as investors remained concerned about the prospect of a government default.
Australian Associated PressStocks slide on stalled US debt talks, inflation woes
Wall St is likely to inherit a sour market mood from Europe, as the STOXX benchmark fell and data showed UK inflation surging to a 31-year high.
Australian Associated PressAust shares fall for third day amid US debt deadlock
The local bourse has dropped 0.6 per cent to hit a five-day low as debt ceiling talks continue in the US, with no sign of an imminent resolution.
Australian Associated PressWebjet beats expectations with $150 million turnaround
The online travel platform says travel is yet to fully recover from the pandemic but its business already has.
Australian Associated PressWall Street ends lower on deadlocked debt ceiling talks
US stocks have closed lower amid new concerns about whether talks will result in a deal to raise the country's debt limit.
Australian Associated PressMarkets nervous on Fed ceiling concerns, US yields rise
The latest talks over the US debt ceiling have offered something for optimists and pessimists, leaving investors cautious about making large bets either way.
Australian Associated PressAustralian shares flat as US debt talks reach stalemate
The local bourse has had another quiet day, with a drop in the materials sector and a rise in financials.
Australian Associated PressQantas reports sky-high profit and plans more flights
Australian flag-carrier Qantas will soon be operating more domestic flights that it did before the COVID pandemic, while international capacity is also rising.
Australian Associated PressFormer Continental Coal director sentenced over breach
The Australian Securities and Investments Commission says that Ashley Paul D'Sylva will be released immediately upon entering into a recognisance release order.
Australian Associated PressWall St ends mixed as investors await debt ceiling talk
US stocks closed aimlessly with investors still awaiting a debt ceiling decision.
Australian Associated PressEuropean shares tentative as US debt talk nerves linger
United States debt ceiling jitters have continued to weigh on European and Asian stocks as G7 countries move to cut their trade reliance on China.
Australian Associated PressAust shares edge lower as US debt ceiling talks stall
The local share market has finished down 0.2 per cent amid jitters that the United States might default on its debts as soon as June 1.