ASX finishes flat but miners, Elders gain
The Australian share market started up by as many as 50 points after the weekend's federal election, but faded by the end of the day.
The Australian share market started up by as many as 50 points after the weekend's federal election, but faded by the end of the day.
New federal treasurer Jim Chalmers says motorists are being punished at the bowser again, but won't promise to retain the fuel excise cut beyond September.
Former treasurer Josh Frydenberg has conceded the election in his Melbourne seat of Kooyong to independent candidate Monique Ryan.
Care sector leaders say the incoming Labor government has to prioritise ongoing pandemic concerns during its first 100 days in office.
Australia's new prime minister is travelling to Japan for a summit he says will send a message to the world of Australia's change in government.
The ASX200 is up 0.2 per cent at midday, with mining stocks gaining and Codan and Elders posting strong gains on earnings updates.
Supporters of the Tamil family held in immigration detention believe their plight changed votes in Qld as the town of Biloela prepares to welcome them home.
The Australian Electoral Commission's latest figures give Labor 75 seats to the coalition's 59, as vote counting continues.
The wave of newly elected women independent MPs has moderate Liberals and Labor assessing the damage in formerly safe NSW seats.
The Liberal Party is taking stock in the wake of an election defeat but is turning its focus to a replacement for Scott Morrison as leader.
Australia's 31st prime minister, Anthony Albanese, has promised to make the nation proud of his government, as he and a small team of ministers were sworn in.
Chris Dawson's wife Lynette was spotted with a bruised throat days before her disappearance, his Sydney murder trial has been told.
The Liberal Party is looking for new direction and leadership after the Morrison government fell at the federal election on Saturday.
Climate change was a major election issue that saw 'teal' candidates and the Greens snatch seats from the coalition, but now pressure is on Labor to deliver.
Australians have sided with the Greens in droves, sending as many as 12 senators and five MPs to federal parliament at the election.
A Tamil family who have spent years in detention are expected to be able to return to their beloved town of Biloela under the new Labor government.
The cross bench in federal parliament is expected to play a significant role in the next government, potentially even holding the balance of power.
The latest figures from the Australian Electoral Commission have Labor on 74 seats in the House of Representatives - two short of a majority.
Care sector leaders say the new federal Labor government needs to prioritise ongoing pandemic concerns during its first 100 days in office.
Attending a summit with world leaders will be Prime Minister-elect Anthony Albanese's first priority, as vote counting continues after the federal election.
Peter Dutton looks set to take over the Liberal leadership as Scott Morrison steps down and Josh Frydenberg is poised to lose his seat.
Anthony Albanese will be just the fourth Labor leader to guide the party to victory from opposition since World War II.
One Nation leader Pauline Hanson is expected to miss out on a Senate seat, as early counting of votes places the Greens ahead of her party.
The Greens are projected to win two Queensland seats in the House of Representatives, taking one each from Labor and the Liberals.
Nine of 10 Nationals-held seats appear to be returning to the coalition, with a NSW seat the only one still in dispute.
Labor has won office with a lower primary vote than 2019 when the party failed to unseat the Morrison coalition government.
Four independents are set to claim lower house seats as federal election polling continues, but Treasurer Josh Frydenburg is refusing to concede.
The democracy sausage has made a triumphant return at the 2022 election, with even more snags sizzling at polling booths than at the last vote three years' ago.
The Greens are set to win three seats in Brisbane, with the major parties suffering a backlash in Saturday's election.
Labor is set to flip the marginal Victorian seats of Chisholm and Higgins, as "teal" independents threaten other high-profile Liberals in the state.
With Australia reporting more than 47,000 new virus cases, a person from NSW has been fined for importing drugs used to treat COVID against clinical advice.