Stock Market

A major Australian bank has warned the price of oil is at risk of surging to $US150 per barrel as oil inventories approach critically low levels. 

Supermarket giant Woolworths will begin consulting with segments of its 10,000 corporate workers today, with plans to offshore hundreds of roles to Asia. The Australian share market has begun its day relatively flat.

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.

Anthropic wants caution as AI intelligence surges but the stock market can't get enough. 

Markets have never seen anything like the AI investment boom, but some say it's a bubble that's about to burst.

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.

The ASX 200 has finished largely flat after clawing back early losses, while oil prices rose as investors continued to monitor tensions in the Middle East. Look back on our business 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 has begun the new week in positive territory after the Dow Jones posted new records. Meanwhile, the price of Brent crude has dropped under $US100 a barrel. Look back on our business blog.

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.

Elon Musk's sprawling space exploration company, which also owns Starlink and xAI, was valued at $US1.25 trillion ($1.75 trillion) earlier this year, meaning Musk could become the world's first trillionaire if the offering goes ahead at that valuation.