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Reserve Bank of New Zealand leaves interest rates on hold at 5.5pc, ASX ends lower — as it happened
via abc.net.au
The Reserve Bank of New Zealand has kept interest rates on hold for another meeting but predicted inflation will return to target in the second half of the year. Meanwhile, the ASX ended lower at the close of trade on Wednesday.
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Live: Reserve Bank of New Zealand leaves interest rates on hold at 5.5 per cent, ASX lower
via abc.net.au
The Reserve Bank of New Zealand has kept interest rates on hold for another meeting but forecasts inflation will return to target in the second half of the year. Meanwhile, the ASX is trading lower. Follow live.
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Live: OECD confirms Australian workers 5pc worse off since pandemic, ASX lower
via abc.net.au
Real wages for Australian workers are 5 per cent lower than they were before the pandemic, according to a new report from the OECD. Meanwhile, local shares are trading lower after a mixed result on Wall Street overnight. Follow live.
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Live: Building approval data reveals housing shortfall
via abc.net.au
Building approval data reveals more detail about our housing shortfall. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
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Without access to childcare, Sarah is one of thousands of mums whose superannuation is taking a hit
via abc.net.au
Living in a childcare desert has meant Sarah and Jacob Vlatko have had to devise a creative work schedule to care for their toddler, but they're concerned it will have flow-on effects for her superannuation.
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Action needed for housing supply
The Bankwest Curtin Economics Centre says there should be more incentives for workers in the building and construction industry if WA is to meet it housing targets.
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'We have won the war on floppy disks': Japanese government erases outdated technology from systems
via abc.net.au
Japan's government finally eliminates the use of floppy disks in all its systems, two decades after the technology's heyday.
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Use of floppy disks no longer required by Japanese bureaucracy
via abc.net.au
Japan's government finally eliminates the use of floppy disks in all its systems, two decades after the technology's heyday.
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The Raes say their fridge malfunctioned, triggering illness, and their refund offer included a 'gag clause'
via abc.net.au
Victorian couple Adele and Alex Rae say they were exposed to a "really strong" chemical smell coming from their Samsung fridge, which caused Ms Rae to collapse. They've been offered a refund on the condition they never talk about it again.
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Vacant blocks counted in Tasmanian government's affordable housing target
via abc.net.au
Just six social homes have been built on vacant Tasmanian government land, six years after legislation supposed to "fast-track" their development passed state parliament.
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'To use vacant land as a home is dodgy accounting': Blocks of land counted in Tasmania's 10,000 affordable homes target
via abc.net.au
Just six social homes have been built on vacant Tasmanian government land, six years after legislation supposed to "fast-track" their development passed state parliament.
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Jobs to go at Woodside
Woodside is reportedly in the process on enacting an organisational restructure which could impact a small number of jobs in Western Australia.
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Privacy laws preventing bank from adequately addressing financial abuse, Westpac representatives say
via abc.net.au
Privacy laws are restricting banks' abilities to effectively deal with cases of financial abuse, Australia's second-largest bank has told a federal inquiry.
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At Close of Business podcast July 9 2024
Nadia Budihardjo and Mark Pownall discuss the revitalisation of East Perth.
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Fendi out amid strong luxury market
A new report highlights consumer trends in luxury retail, as Fendi backs out of a deal to move to Perth.
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Energy industry wants price cap rule change
A proposed doubling of a cap applied to energy prices has been met with calls for change by industry players, in a series of submissions to the Economic Regulation Authority.
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West Coast and Simpson part ways
Three key themes – time, people and respect – flowed throughout Tuesday lunchtime’s West Coast Eagles press conference at Mineral Resources Park.
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Aussie shares rally ahead of Fed chairman's testimony
The ASX200 finished up 0.86 per cent ahead of overnight congressional testimony by Fed chairman Jerome Powell.
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Orthocell posts record revenue
Orthocell has reported a record revenue of $1.84 million in the recent quarter, with the biotech company’s annual growth up by more than 30 per cent.
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Realmark Coastal cements brand exit
The North Beach-based agency has launched as a new independent firm, after it ended its franchise agreement with Realmark in May.
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XRF to acquire Orbis Mining
Osborne Park-based XRF Scientific has called for full ownership of its subsidiary Orbis Mining, in an acquisition valued at nearly $4 million.
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GenusPlus secures long-term program
GenusPlus Group has extended its close working relationship with Western Power, after securing a significant maintenance and upgrade works program with the company.
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Taking advantage of good fortune
Building things before they are desperately needed makes sense.
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In a world-first, Australian electric vehicles have fed the national power grid during an outage
via abc.net.au
A new report reveals power from a small number of electric vehicle batteries in Canberra was used to respond to a blackout in Victoria, and experts believe this could be done on a much larger scale.
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Electric vehicles fed the national grid during a power outage, something that could happen more in the future
via abc.net.au
A new report reveals power from a small number of electric vehicle batteries in Canberra was used to respond to a blackout in Victoria, and experts believe this could be done on a much larger scale.
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Renewable connections stalled, prices rising as the fallout from a bitter industrial power fight spreads
via abc.net.au
Entrenched opposition between electrical workers and NSW transmission owner Transgrid is taking a toll on a strained power market.
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Monadelphous books extension with Shell
Engineering company Monadelphous has secured a major maintenance contract to continue its work on Shell’s floating liquefied natural gas facility.
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Hastings attracts $7m investment
Rare earths aspirant Hastings Technology Metals has attracted a $7 million investment from Hong Kong producer JL Mag Rare-Earth Co to advance its flagship project.
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Green light for MSWA’s $13m build
A development assessment panel has approved MSWA’s multi-million-dollar proposal to build an assisted living centre near Rockingham, for people living with neurological conditions.
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Suvo, PERMAcast ink agreement for low carbon concrete
The partnership aims commercialise environmentally friendly concrete solutions in an industry responsible for a significant portion of global greenhouse gas emissions.
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Longley departs as Asra MD
Gold aspirant Asra Minerals has announced that Rob Longley has resigned as the company’s managing director.
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Strike-Hancock JV gets gas project tick
A Perth Basin gas project joint-owned by Gina Rinehart’s Hancock Energy and John Poynton chaired Strike Energy has been granted a key state approval.
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Tom Price wary of latest hospital promise
Ashburton’s shire president says Tom Price residents will remain skeptical of any political promise to build their new hospital until they see tenders issued for the delayed health project.
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Outback town brings in chickens as egg shortage hits NT
via abc.net.au
The impacts of a widespread egg shortage are being felt in the most remote parts of Australia where residents are improving their food security.
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Owner of home lost in Brisbane blaze crushed to learn belongings underinsured, in what insurers say is a growing issue
via abc.net.au
After Jacqui Kelly lost everything in a fire that destroyed three homes in Brisbane over the weekend, she was devastated to discover most of her possessions were not insured.
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Wall Street ends mixed as shares in chipmakers climb
US stocks have closed mostly higher as investors wait for the release of a key inflation report.
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Broome a fertile ground for small business
The Kimberley town has been the perfect place for Antonio Sibosado to set up a business where he can spend more time with family.
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Live: Lawyers, accountants, real estate agents target of new money laundering laws
via abc.net.au
The Australian share market rises in morning trade, after slight gains from US stocks drove Wall Street's main indices to fresh record highs. Meanwhile the federal government has announced reforms that aim to stop money laundering. Follow live.
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Live: ASX set to rise, S&P 500 and Nasdaq hit record highs
via abc.net.au
The Australian share market is likely to rise in morning trade, after slight gains from US stocks drove Wall Street's main indices to fresh record highs. Follow live.
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Live: ASX rises, Nasdaq and S&P 500 hit record highs
via abc.net.au
The Australian share market rises in morning trade, after slight gains from US stocks drove Wall Street's main indices to fresh record highs. Follow live.
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Live: ASX rises. Lawyers, accountants, real estate agents target of new money laundering laws
via abc.net.au
The Australian share market rises in morning trade, after slight gains from US stocks drove Wall Street's main indices to fresh record highs. Meanwhile the federal government has announced reforms that aim to stop money laundering. Follow live.
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Live: ASX rises after Nasdaq and S&P 500 hit record highs
via abc.net.au
The Australian share market rises in morning trade, after slight gains from US stocks drove Wall Street's main indices to fresh record highs. Follow live.
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As it happened: Lawyers, accountants, real estate agents target of new money laundering laws
via abc.net.au
The Australian share market closed higher, after slight gains from US stocks drove Wall Street's main indices to fresh record highs. Meanwhile the federal government has announced reforms that aim to stop money laundering.
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