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ASX falls, rate hike now seen as 'live' prospect in May — as it happened
via abc.net.au
Local stocks fall despite gains on Wall Street. Meeting minutes provide insight into the RBA's decision to pause rate hikes in April. Here's how the day's events unfolded on the ABC News markets blog.
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US forces seize Russian-flagged oil tanker with Venezuela links
via abc.net.auThe tanker has been evading an American blockade of sanctioned vessels linked to Venezuela's oil industry since December.
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Breaking: US forces seize Russian-flagged oil tanker with Venezuela links
via abc.net.auThe tanker has been evading an American blockade of sanctioned vessels linked to Venezuela's oil industry since December.
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Breaking: US forces reportedly try to board Russian-flagged oil tanker
via abc.net.auThe vessel has been evading an American blockade near Venezuela, multiple US news outlets are reporting.
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Breaking: US forces reportedly seize Russian-flagged oil tanker with Venezuela links
via abc.net.auThe vessel has been evading an American blockade near Venezuela, multiple US news outlets are reporting.
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Farmers, truckies say size can help trade when Freo bridge closes
WA's farming and logistics bodies say longer trucks can ease congestion in Fremantle while the port town's traffic bridge is closed from next month.
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At Close of Business podcast January 7 2026
The latest on Hancock's $850m move for gas assets; Greatland, Regis coffers near $1bn; Seven West-Southern Cross deal finalised.
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Aussie shares edge higher as banks, energy stocks fade
Strong miners and IT stocks have helped push Australia's share market higher despite a slip in banks and the energy sector, as oil prices butt up against global uncertainty.
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WA research gets thin slice of national $350m funding pool
Western Australia's slice from the National Health and Medical Research Council's recent $350 million funding pool is below the national success rate.
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Nickel price rallies after Indonesian mine pause
Nickel prices have climbed above US$18,700 a tonne after a major Indonesian miner halted production, as majority of Western Australia's battery metals mines remain on ice.
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BlackRock buys WA KeepSafe portfolio in $165.5m deal
The global asset management giant has snapped up a portfolio of five self-storage facilities from Blackstone, via its StoreLocal brand.
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Analysis: International aviation reshaped
ANALYSIS: Middle Eastern airlines are benefiting from years of flexibility and strategic investment.
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Small boat ramp inundated with fishers as ban takes place
via abc.net.auWA's new ban on demersal fishing sees fishers flock to a coastal hamlet unaffected by the new rules, but locals say the crowds are unsustainable.
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Coastal hamlet bears brunt of WA's new fishing crackdown
via abc.net.auWA's new ban on demersal fishing sees fishers flock to a coastal hamlet unaffected by the new rules, but locals say the crowds are unsustainable.
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Aboriginal artist Bobbi Lockyer in tears as Australia Post loses $4k painting
via abc.net.auIndigenous artist Bobbi Lockyer has been left frustrated after she sent a $4,000 custom artwork of the Pilbara to a buyer in Queensland, only for an empty cardboard sleeve to be delivered.
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Seven West-Southern Cross deal finalised
Southern Cross Media Group has sealed its acquisition of Seven West Media after securing approvals, as SWM's chief financial officer announces his departure from the merged media company.
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Meteoric receives support for Caldeira, moving towards potential FID later this year
Another WA midcap developer has received a letter of support in relation to bringing a Brazilian rare earths project into production.
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Hancock Energy plans $850m move for MinRes gas facilities
Hancock Prospecting has submitted an $850 million plan to relocate facilities from the Lockyer gas field after acquiring the asset from Mineral Resources.
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Greatland, Regis coffers near $1bn
GOLD WRAP: Two of the state's mid-tier goldminers have reported coffers closing in on $1 billion, as the sector continues its record run and production figures roll in.
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Inflation cools, buoying rate hold hopes
Housing continues to lead national inflation figures, though the headline annual figure cooled to 3.4 per cent for November.
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Newmont’s Boddington output hit by fire
The world's largest goldminer has warned of a 60,000-ounce shortfall from its Boddington mine in the coming months, after fire damaged key infrastructure at the site.
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Trump says Venezuelan oil to be shipped to US ports
President Donald Trump has said on his social media site that "Interim Authorities" in Venezuela would be providing 30 million to 50 million barrels of "High Quality" oil to the US at its market price.
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'Very pleasant surprise': inflation cools but remains above RBA target
via abc.net.auInflation cooled in November, with the consumer price index rising 3.4 per cent over the year, down from 3.8 per cent a month earlier. Some economists continue to forecast a February rate hike, however.
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Inflation cools in November but still above the RBA's target
via abc.net.auInflation cooled in November, with the consumer price index rising 3.4 per cent over the year, down from 3.8 per cent a month earlier.
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Inflation cools but February 'remains in play' for an RBA rate hike
via abc.net.auInflation cooled in November, with the consumer price index rising 3.4 per cent over the year, down from 3.8 per cent a month earlier. Some economists continue to forecast a February rate hike, however.
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Breaking: Inflation cools in November but still above the RBA's target
via abc.net.auInflation cooled in November, with the consumer price index rising 3.4 per cent over the year, down from 3.8 per cent a month earlier.
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Preschool worried about security of children's data in government portal
via abc.net.auNSW is rolling out a digital hub that centralises early childhood centres' information, but some are worried it could be vulnerable to data breaches.
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Concerns about security of children's data in government portal
via abc.net.auNSW is rolling out a digital hub that centralises early childhood centres' information, but some are worried it could be vulnerable to data breaches.
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Chip stocks jump on AI optimism, Dow marks record high
Wall Street has ended higher as chip stocks surged on renewed AI optimism, Moderna rallied and the Dow Jones Industrial Average reached a record high.
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Remote pub at centre of Peter Falconio mystery has liquor licence suspended
via abc.net.auThe Barrow Creek Hotel was thrust into the global spotlight during the investigation into British backpacker Peter Falconio's disappearance. Now its liquor licence has been suspended for breaching Northern Territory licensing laws.
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