Financial Markets

The local share market lost ground after returning from a public holiday. NAB economists think the next RBA rate move is down. Look back on the day's financial news and insights from our specialist business reporters on our live blog.

The Australian dollar falls to its lowest level in over two months, just over 70 cents to the US dollar, amid a renewed surge in the greenback as global interest rates, including US interest rates, rise.

It's been a bruising week for the Australian share market due to lingering uncertainty about the status of peace negotiations between the US and Iran, as finance presenter David Chau explains.

ASIC tells Senate estimates it has eight active contracts with KPMG, despite the company facing an audit scandal. Meanwhile, the ASX lost ground. Catch up on the day's events and insights in our live markets blog.

RBA Governor Michele Bullock has told Senate estimates that "practically no-one is in negative equity". Meanwhile, the ASX remains in the red. 

Australia's economy expanded 0.3 per cent in the first quarter of 2026, taking the annual growth rate to 2.5 per cent, the ABS says. The ASX rose. Look back on how the session unfolded.

Millions of workers will get a 4.75 per cent pay rise after Fair Work raised modern award wages above the rate of inflation. Catch up on the day's financial news and insights from our specialist business reporters on our blog.

Auction clearance rates have fallen to levels not seen since the 2022 housing downturn. The ASX closed up 1.6 per cent on hopes of a Middle East peace deal. 

The Australian share market traded lower while the federal government proposed tougher scam laws targeting tech giants. 

Shares climbed on the ASX after softer than expected inflation figures sent market bets of a June rate rise to less than 10 per cent.

The local share market is in the red, while shares in stock exchange operator ASX Ltd have tumbled on a trading update. 

The Australian share market ended its week higher on hopes the US and Iran will soon finalise a peace deal, while the reduced likelihood of the Reserve Bank lifting interest rates dragged the Australian dollar lower, as finance presenter David Chau explains.

Australian markets have risen this morning, with Guzman Y Gomez surging on news it has pulled out of the US market.

Optus' owner Singtel says it is looking to sell a minority stake in it. And the jobless rate has jumped to 4.5 per cent, raising expectations the RBA may pause its interest rate hikes in June. Look back on the day's market activity in our blog.

The Australian share market has fallen below 8,500 points after a US bond sell-off triggered further losses on Wall Street. Oil prices slipped after Donald Trump said he had been an hour away from ordering an attack on Iran before postponing it. 

The local share market rebounded Monday's heavy selling, as shares in Tuas made back some of their heavy losses. Look back on the day's events and insights from our business reporters on the ABC News markets blog.

The ASX 200 finishes the first session of the trading week with a fall of 1.45 per cent, continuing its downward trend this month. Meanwhile, uncertainty over the Iran war has sent Brent crude oil above $110 a barrel.

New analysis suggests the market impact of the Iran conflict might top that of 2025's so-called 'Liberation Day' tariffs.

The ASX200 finished the week lower, and oil headed for a weekly gain as the reopening of the critical Strait of Hormuz waterway and end to the war in the Middle East remain in doubt.

In good news for travellers, the Australian dollar is now sitting comfortably above a four-year high as investors see the Federal Reserve cutting interest rates and the RBA hiking them.