Property profits up despite lockdowns
The portion of profit-making property sales is expected to continue rising in the coming months but can't last forever, says a leading real estate specialist.
Economy, Business and Finance
ASX traders sell as rate expectations rise
Rising bond yields have lured ASX investors from shares as they brace for higher global interest rates in 2022.
SA abattoir defends handling of virus
The operators of an abattoir in SA's southeast have defended their handling of a coronavirus outbreak that spread from the local community to the facility.
Reasons for economic optimism: treasurer
Deloitte Access Economics analyst Chris Richardson is upbeat on Australia's outlook despite the challenges posted by the Omicron variant of COVID-19.
Iron ore miners carry ASX to modest gain
Iron ore miners have benefited from production challenges in Brazil and ensured ASX investors are ahead for the week with one trading day remaining.
Farmers urge shopper calm amid COVID-19
Farmers have urged calm amid supply chain concerns saying there is plenty of fresh produce available, while urging the competition watchdog to intervene.
Confidence drops on rapid Omicron spread
The ANZ-Roy Morgan consumer confidence index has dropped 2.2 per cent as a result of the rapid spread of the Omicron variant.
Omicron impacting workforce, spending: PM
Prime Minister Scott Morrison says the highly-infectious Omicron variant is impacting both Australia's workforce and consumer spending.
Spending plummets to lockdown lows
Spending across Australia was at its lowest point this week since the Delta lockdowns, according to an ANZ report.
ASX’s biggest one-day rout since Sept 2020
Shares have had their biggest one-day rout on the ASX since September 2020 following fears interest rate hikes will be brought forward.
Fortescue ‘green team’ goes loco for ore
Fortescue Metals Group says it is on track to cut emissions from transporting iron ore to port with the purchase of two new battery powered locomotives.
Widespread ASX selling on US rate warning
Share prices have been dropping across the ASX, with Afterpay losing almost 10 per cent as investors prepare for earlier rate rises in the US.
Looking beyond the grid to power Australia
An energy company is looking beyond the traditional electricity grid as it rolls out a hybrid future across a vast landscape.
Labor to shut shipping abuse ‘loopholes’
An elected Labor government would move to develop an "independent, strategic" shipping fleet to better protect Australian imports and economic security.
Aust shares start the year with a bang
The Australian share market vaulted nearly 2 per cent in its first trading session for the year, with every single sectoral index closing higher.
Aust shares climb on strong Wall St cue
The Australian share market has jumped more than 1 per cent by midday in its first trading session for the year.
Green ships ahoy along vital corridors
Big miners are lining up cleaner shipping options as manufacturers and retailers start to think about all emissions, not just what appears in national targets.
Bonds spread from green to social impact
There is a growing appetite for finance linked to social impact, not just assets that are green, and bankers are gearing up.
Banks, miners keep ASX in the green
Financials and mining stocks have kept the Australian share market higher at midday.
Sales records tipped for Boxing Day
Shoppers are expected to rack up Boxing Day records for both online and instore sales and won't let coronavirus stop them missing a bargain.
Duty of care to block mine, minister told
Federal Environment Minister Sussan Ley has a duty of care to Australian children and must veto Glencore's proposed central Queensland coal mine, lawyers say.
SA eradicates multiple fruit fly outbreaks
South Australian authorities have eradicated multiple fruit fly outbreaks across the Adelaide metro area which threatened the state's horticulture sector.
ASX rallies on steady RBA while CSL soars
Investors had their best day on the Australian share market in almost two weeks after stock in biotech giant CSL rose by almost five per cent.
CSL drives ASX broad-based rally
A broad-based rally has been under way on the ASX as CSL and energy providers bounced back from substantial losses in recent days.
RBA sees professionals quit for higher pay
More Australian workers are quitting their jobs for better-paid ones, and the Reserve Bank of Australia has noticed professionals are leading the charge.
Tasmania reports four new cases, 14 active
Tasmania has recorded four new coronavirus infections, taking the total number of active cases since the island state reopened its borders to 14.
Resource exports tipped to hit record high
The country's energy and resource export sector is expected to hit a record $379 billion during 2021/22.
ASX edges higher, new wave lenders drop
Afterpay and rivals Zip and Sezzle fell heavily on the Australian share market due to a possible US probe into consumer harms from their services.
Robo-fish is invasive species’ worst nightmare
Researchers hope a robotic fish can help rid Australian waterways of a destructive invasive species by mimicking its natural predator.
Final text of UK trade deal to be unveiled
Trade Minister Dan Tehan and UK High Commissioner Vicki Treadell are due to unveil details of a free trade agreement between the two countries on Friday.
Nasdaq ends sharply lower on Fed news
Technology companies have led stocks lower on Wall Street as investors weighed the implications of higher interest rates.