The ASX 200 has closed modestly higher despite a volatile session, as a historic US$500 billion AI-linked wipe-out in Alphabet dragged local tech stocks sharply lower.
Cameron Micallef
The odds of Australia falling into recession at 50 per cent, as a key driving force behind the economy slumps due to rising rates.
The fortunes of WA’s mines and corporate giants reach into share portfolios across the country. Five big names paid shareholders $23.1bn in a year, though some investors received less than a year earlier.
Ryan Johnson
Interest rates running at a 15-year high and the property market downturn have gouged more than $5bn out of one state’s budget.
Blair Jackson
Coles has extended two of its key programs ahead of the busy Christmas period, as shareholders sell its stock at the start of trading.
Australia Post will face a fresh parliamentary probe into its long-term viability, as the 200-year-old institution faces mounting sustainability challenges.
Emma Kirk
Three of Australia’s most powerful retailers have simultaneously flagged slowing sales as cost-of-living pressures bite hard.
The corporate watchdog is examining if bankers misrepresented demand for shares in an Australian AI company’s $44bn float.
Sam Wood’s former multimillion-dollar fitness empire has been rebranded following domestic violence allegations against the reality TV star.
Woolworths has warned many Australians face a “tighter Christmas” as the supermarket giant revealed four in 10 customers struggle to make ends meet.
The boss of the Australian Taxation Office admits he “jumped to conclusions” as sweeping changes to card payments were brought in, distressing thousands of small businesses.
Google parent company Alphabet has fallen short of Wall Street expectations despite strong revenue growth in its third quarter results.
Kenrick Cai and Akash Sriram
Alarming new figures have revealed why full-time employment no longer guarantees Aussies will have a roof over their head.
Advocacy groups have called for controversial rock star Marilyn Manson’s Australian tour to be cancelled, following claims of abuse by at least 15 women.
Anthony Albanese’s chief negotiator will meet with the biggest critics of a $10bn-a-year deal with the EU, after it failed to win over Australia’s own farmers.
Joseph Olbrycht-Palmer
A One Nation colouring book handed out at a show featured cartoons of Bluey and Robert Irwin being robbed at knifepoint.
All of Australia’s big four banks have updated their predictions about what the Reserve Bank will decide on rates next week and it’s not good news.
The casino has been hit with a whopping fine for breaching anti-money laundering laws.
Steven Zemek
Greens leader David Shoebridge is making a $22bn pitch to voters, as he seeks to “replace Labor”.
Tougher sunscreen testing could soon be mandatory across Australia after last year’s SPF scandal rattled consumer confidence.
Andrew Hedgman
An award-winning Aussie caravan maker has collapsed into voluntary administration - marking the fifth business to fall apart within a year.
Mining heavyweights BHP and Rio Tinto have helped lift the ASX 200 to a seven-week high, buoyed by a strong Wall Street lead from the Anthropic IPO.
A popular Aussie holiday park group has issued an urgent warning to customers following a data security breach, which led to fraudulent emails and messages being sent.
Australia’s financial crimes regulator has been quietly scrutinising Racing and Wagering WA, the State Government department behind the TAB betting agency, for two years.
Matt Mckenzie
