ASX snaps two-day losing streak, NAB appoints new CEO
The Australian share market rebounds from two straight sessions of losses led by heavyweight miners, while the Woodside-Santos merger collapses, and NAB promotes British-Canadian executive Andrew Irvine as its next CEO.
Bullock says RBA 'didn't make a mistake' with November rate hike, doesn't rule out future increases — as it happened
The RBA has kept interest rates on hold at 4.35 per cent after its first two-day meeting, but says it cannot rule out future rate hikes to keep inflation in check. Look back on how the day unfolded with our blog.
Analysis
analysis:Why the cost of living crisis could worsen even if the RBA leaves rates on hold
Leaving the cash rate unchanged today is all but a foregone conclusion for the RBA. Behind closed doors, you can't help but wonder if November's rate hike was a mistake as the economy cools, writes Ian Verrender.
This year the RBA won't meet as often as it used to so what will that mean for interest rates and your mortgage?
Households will now only have to grapple with a maximum of eight cash rate changes flowing through to their mortgages. Here's what that could mean for you.
Charging dead people, stealing billions — the five years that cleaned up banking
The issues that led to the royal commission five years ago have faded, even if they haven't all been fixed. As new issues like scams and the impact of artificial intelligence capture attention, advocates want banks to keep a focus on doing the right thing by their customers.
Analysis
analysis:Australia's changing economy could undermine Albanese's big gamble
Regardless of whether Australia's economic picture is improving or heading for a crash, it's unlikely voters will have stage 3 tax cuts front of mind come the next general election, writes Melissa Clarke.
As it happened: ASX closes at record high following tech surge, DP World industrial dispute ends
ASX200 closes at record high following gains on Wall Street after Apple, Amazon and Facebook's Meta post results.
The dispute between DP World and the Maritime Union comes to an end, but impact could linger for industry and consumers.
New data shows lending for new homes is slowing.
Bank closures and empty ATMs leave regional shops relying on IOUs
In the heart of country Victoria, where banks are shutting their doors, many small retailers depend on cash — but it can be hard to come by.
ASX drops from record high as Commonwealth Bank leads financial slide
A slump in banking stocks leads the Australian share market off its record high, as the US Federal Reserve douses rate cut expectations. See how the day unfolded on our markets blog.
Australian share market hits all-time high after inflation falls to two-year low — as it happened
The Australian share market sets a new record high after inflation hit a two-year low in the December quarter, as economists forecast interest rate cuts from the Reserve Bank could come sooner than expected.
Australian Sam Lee charged over billion-dollar cryptocurrency fraud scheme in US
Australian cryptocurrency entrepreneur Sam Lee has been charged over a $US1.89 billion fraud scheme alongside two others.
Christmas retail sales slump on consumer pessimism, ASX near record high — as it happened
Last month's Christmas and Boxing Day sales were much worse than expected for Australian retailers. Meanwhile, the ASX was a whisker away from a record high.
Analysis
analysis:I've been studying super for most of my career. This is what I wish I knew when I started working
There are benefits to paying timely attention to your super early in your working life to get the most from this publicly mandated form of financial self-discipline, writes Susan Thorp.
Graeme drove 130km to withdraw $300 cash. His bank said no
Graeme Reid says he was "gobsmacked" when a bank at Dalwallinu in regional Western Australia refused his withdrawal.
As it happened: Australians are hoarding cash and so are criminals, says RBA
Between $7 billion and $11 billion of the nation’s cash is being used in the shadow economy to fund tax avoidance or other illegal purposes such as buying illicit drugs, according to the Reserve Bank. The news comes after the Australian stock market rose for a fifth consecutive day, hitting a three-week high before the Australia Day long weekend
ASX finishes flat as mining rally offsets falls elsewhere, markets eye stage 3 tax tweaks — as it happened
The Australian share market closes fairly flat as investors sell out of other sectors to pile into mining stocks. This is how the trading day unfolded on our live blog.
As it happened: ASX closes higher, households are more indebted, so do we need tougher lending rules?
Australian households' debt-to-income ratio has reached 185 per cent of disposable income. Is it time to impose tougher lending restrictions? Read about this and how the Australian share market closed higher on Tuesday after an optimistic streak on Wall Street that pushed US stocks to a fresh record high.
Whether you understand it or not, bitcoin 'is here to stay' — and experts say it's about to get even easier to invest
The decision by the US Securities and Exchange Commission to approve bitcoin exchange-traded funds was a decade in the making that's legitimised crypto — and experts say it won't be long before Australia follows suit.
China's economy has 'lost momentum', gold miners drag ASX lower — as it happened
Australian shares close lower as Chinese GDP data confirm an economic slowdown. Look back on our markets blog to see how Wednesday's events unfolded.
ASX hits four-week low as commodity stocks slip on weaker prices: as it happened
The Australian share market has hit a four-week low, dragged down by commodity stocks on weaker prices, with heavyweight miners hitting their lowest level since early December.
Tiwi elders lose cultural heritage case against Santos; household spending falls: as it happened
The Federal Court dismissed a challenge by three Tiwi elders who were trying to stop gas giant Santos laying a pipeline near their islands off northern Australia.
Citigroup unveils plan to cut 20,000 jobs after posting $2.6 billion loss
The lender will be reducing its global workforce of 239,000 by 20,000 people by 2026 following a 'disappointing' quarter.
A basic security failure from The Iconic has put millions of its customers at risk of being defrauded
Online retailer The Iconic has failed to provide basic security measures to verify its customers' payment details when placing an order, putting its 2.1 million customers at risk of being defrauded, cybersecurity experts say
ASX jumps after Wall St tech rally, retail sales surge, as investors await fresh inflation data — as it happened
The ASX traded higher on Tuesday after Wall Street's positive session overnight, and was further boosted by a much bigger than expected jump in November retail sales. See how the day unfolded on our live blog.
Jonathan's bank transactions show exactly where scammers used his details. But neither his bank nor the police offered help
Hours after replying to a message he thought was from Australia Post, fraudsters were spending his money at a local store. He says his experience with the bank and police left him feeling defeated.