Economic Trends and Indicators

Qantas defended itself from allegations of "slot hoarding" at a heated Senate inquiry, while the federal government gave regional airline Rex an $80 million lifeline as its voluntary administration is extended. Catch up on the day's events and insights live on ABC's markets blog. 

The ASX has been dragged down by mining stocks in response to a disappointing new financial rescue package in China. Meanwhile, three Resolute Resources executives, including the CEO, have been detained in Mali over a dispute with the government. Look back at the day's events.

While US shares hit fresh highs on the news of Donald Trump's election, sharp rises in the US 10-year bond rate could mean interest rate cuts are pushed further into the future.

The Reserve Bank of Australia has kept interest rates on hold at 4.35 per cent for its eighth-straight meeting despite inflation falling to its lowest level in almost four years.

It may not be explicitly mentioned by the RBA when it keeps rates on hold, but the biggest risk to the global economy is the United States's debt levels and who wins this week's presidential election.

The ASX has gained 0.6 per cent, while Westpac's profit has slipped and Mineral Resources founder and MD Chris Ellison has been forced to step down early. Look back at the day's events.

The Australian market ended lower on Friday, following a sell-off on Wall Street as shares of tech giants Microsoft and Meta fell sharply. Here is how the trading day unfolded on our business blog.

Although national property prices increased again in October, the latest CoreLogic data suggests the housing market is cooling ahead of forecasted interest rate cuts early next year.

Woolworths held its annual general meeting, Coles released a trading update, and the Australian share market traded slightly down as hopes for a pre-Christmas interest rate cut faded. Here is how the trading day unfolded on our business blog.

What, or more precisely who, is to blame for the inflation episode that has up-ended our lives for the past three years?

Playing bad Santa this Christmas may not please your friends and family, but it could just save them some money if they have a mortgage. 

Many Australian farmers are getting squeezed at "both ends" by concentrated markets.

Mosaic Brands, the Australian fashion retail company behind clothing brands including Rivers, Katies and Millers, has been placed into voluntary administration.

The ASX has struggled to make much headway, gaining just 0.1 per cent, while the big fashion retailer Mosaic Brands has entered administration. Look back at the day's events.

Australian shares have closed lower after losses on Wall Street overnight over concerns interest rates may stay higher for longer, while a Senate committee looking at the home loan buffer wraps up with equal arguments for and against lowering it.

The IMF's revised forecasts for Australian inflation now match the Reserve Bank's forecasts. Is that a story?

WiseTech shares recovered after the bankruptcy case embroiling Richard White was withdrawn. Local stocks fell sharply, with all sectors in the red. Catch up on the day's events and insights from our business reporters on the ABC News live markets blog. 

The local share market gained 0.7pc after a strong lead from Wall Street. The board of WiseTech says it's "monitoring" the scandal surrounding founder Richard White, while Qantas could face a hefty bill for illegally sacking workers during the pandemic. Look back at the day's events.

Staring at a third recession in just two years, Kiwis are moving across the ditch to Australia in substantial numbers, seeking a sunnier economic climate.

Australian shares finish strongly higher, but Tyro Payments slumps. Crown is fined $2 million by a Victorian regulator. Here's how the day unfolded, with insights from our business reporters, on the ABC markets blog.