ASX: The local market is expected to jump at the open after US markets closed higher over the weekend.
This comes after the - strong gains by tech stocks and lithium players helped offset weakness in the energy sector.
Wall Street:, with the S&P 500 ending a three-week losing streak as investors digested Federal Reserve officials' latest affirmations that they remained committed to bringing down inflation.
Crypto: Australians riding the cryptocurrency rollercoaster have been reassured that reforms prepared for the previous government are not dead in the water.
Crypto volatility and the increasing number of scams associated with crypto assets are , according to their quarterly statement.
RBA review: Treasurer Jim Chalmers said a planned (RBA) is not about taking pot-shots at governor Philip Lowe but to ensure monetary policy settings are right.
There has been criticism - from economists and the broader community - of the RBA in its handling of monetary policy before and after the COVID-19 pandemic.
Confidence: Economic figures are expected to show the impact of higher interest rates and ongoing cost-of-living pressures.
Retail trade figures on Wednesday from the Australian Bureau of Statistics will show the from May's first interest rate rise in more than a decade.
Commodity boom: The Treasurer said the marked improvement in the Budget was partly a reflection of the "quite extraordinary" .
The monthly financial statement released by the Department of Finance on Friday showed the underlying budget deficit was $33.4 billion in May compared with the $60.5 billion that had been expected after 11 months of the 2021/22 financial year.
Drink now, pay later: Pubs and clubs across Australia are letting patrons , and experts are concerned the shift could lead to "financial hangovers".
Researchers at Victoria's Deakin University are investigating whether the schemes are leaving customers worse off than when they pay with other methods like credit cards.
Biotech giant CSL expects profit to rebound in the current fiscal year, after reporting a decline for the 2021/22 year, but has also flagged higher costs as blood plasma collection volumes return to pre-pandemic levels.The vaccine and blood products supplier expects net profit for fiscal 2022/23 to range between $US2.
Cloud accounting technology company Xero has warned of another year of volatility for small business customers.Xero chair David Thodey said on Thursday supply chains remain constrained, contributing to levels of inflation not seen since the 1980s, interest rates are rising, and global economic growth is predicted to slow.
Transurban says its fourth-quarter toll road traffic exceeded pre-pandemic levels, but is forecasting a 2022/23 return to shareholders well below market expectations.The toll road operator on Thursday said it expects to distribute 53 cents per share in FY2023, 30 per cent higher than in 2021/22 but under consensus estimates of 60 cents.
Redbubble shares have plunged after the print-on-demand online marketplace saw a drop in active customers and said its operating expenses could rise as much as 31 per cent.The Melbourne company reported on Wednesday that revenue dropped 14 per cent to $483 million in the 12 months to June 30, compared to the prior year on a constant currency basis.
Santos is reaping the gains of energy instability at home and abroad with a record result in the first half of 2022.The oil and gas company on Wednesday reported record production, earnings, cashflow and a tripling in underlying profit in the six months to June 30 on increased demand and rising prices.
Super Retail Group says sales rebounded in the second half of fiscal 2022 and the new year is off to a strong start, but it's expecting that momentum to slow as interest rates hikes and inflation bite.The Supercheap Auto, Rebel Sports, BCF (Boating, Camping and Fishing) and Macpac brand owner on Wednesday reported $3.