Financial Markets

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.

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.

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.

The Australian share market loses ground, as a surge in the US dollar and another Chinese share market plunge see a steep sell-off for the mining sector. Look back on our business blog to see how today's events unfolded.

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. 

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.

The record high tops the August 2021 record, and reinforced expectations of RBA rate cuts in the second of half of 2024.  

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.

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.

Elon Musk has always been a trailblazer but his erratic business antics and Tesla's shrinking margins appear to show the wheels are falling off the well-hyped machine, writes Ian Verrender.

A Hong Kong court has ordered one of China's biggest property developers, Evergrande Group, to liquidate, which could have severe consequences not just for China, but other economies including Australia. 

A Hong Kong court orders the winding-up of indebted Chinese property developer Evergrande, and the ASX holds on to modest gains. Look back on our markets blog to see how today's events unfolded.

One of Australia's richest men Andrew Budzinski faces a class action over allegations that he and his company, IC Markets, misled thousands of everyday investors who may have collectively lost hundreds of millions of dollars trading in risky financial products.

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

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.

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.

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.

US shares hit a record high despite rate cut bets being further scaled back amid economic optimism and comments from a voting Federal Reserve official describing rate cut talk as "premature". Look back on our markets blog to see how Wednesday's events unfolded.

The ASX climbs strongly across most sectors, despite signs of a consumer spending slowdown and an IMF warning that interest rates may need to rise further. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 

Economists say Australia's unemployment rate remaining steady at 3.9 per cent in December will be "good news" for the RBA, while the ASX finished lower for the fifth-straight day.

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.

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.

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. 

The Australian share market closed lower on Friday, with the benchmark S&P/ASX200 index down 0.1% to 7,498.3 points, crossing below its 20-day moving average.

Interest rate sensitive sectors such as discretionary retail, real estate and banking led the ASX higher on Thursday, while Bitcoin climbed after the US regulator approved a number of exchange-traded funds. See how the day unfolded on the ABC News live markets blog.