ASX rises as rate cut bets hold firm — as it happened
The Australian share market had a solid finish to the week as bets on a rate cut next Tuesday remained strong. See how the day unfolded on our business blog.
Emilia Terzon
Emilia Terzon is a reporter with the ABC's national business unit. She has been with the ABC since 2014 across the Northern Territory, Queensland and Victoria. She has covered bushfires, federal elections, COVID-19 and Royal Commissions, and was lucky enough to film solo as a Video Journalist across northern Australia. Her work has aired on national programs including AM, The Business, Landline, Radio National and 7PM News Bulletins around Australia. Before the ABC, she worked as a business reporter, hosted a feminist radio show, reported for VICE, and had stints reporting in Nepal, India and East Africa.
Latest by Emilia Terzon
Bunnings has ways to keep rivals off its turf. David's struggling to stop it moving in next door
There's little this hardware store owner can do to stop Bunnings building next door, but when rivals want to move in on the warehouse giant's turf, it is a different story.
Seven numbers that explain how Bunnings became Australia's biggest hardware chain
Bunnings is super-profitable, but it's hard to picture its size. From its revenue to its growing home brand products. Bunnings' numbers continue to boom.
Bunnings accused of abusing market power
Bunnings is Australia's most trusted brand but it's being accused of abusing its market power.
The 9,000-product catch behind Bunnings's biggest price guarantee
Bunnings is Australia's most trusted brand, but are customers actually getting the deal they think they are?
Australian share market closes higher following jobs data — as it happened
Australian shares ended the day higher, as the latest labour force data shows employment increasing by 32,000. Wall Street fell again, as tariff fears continue.
Footwear chain Wittner hopes for new buyer after collapse
Australian footwear chain Wittner is the latest local retailer to face closure, with administrators appointed to manage the 113-year-old company.
The Australian companies facing China-sized tariffs on US imports
From toy brands to fashion labels, some Australian firms are facing tariffs way above the 10 per cent "baseline". Company owners say they are not getting enough support as they navigate soaring tariffs to send Chinese-made goods into the US.
Aussie dollar slumps below 60 US cents for first time since COVID
The Australian dollar has its biggest fall since 2008 and hits lows not seen since the depths of the COVID pandemic — levels that otherwise have not been seen since early 2003.
Australian superannuation funds hit by cyber attacks, with members' money stolen
A number of Australian superannuation funds have been hit with suspected cyber attacks, with members of one fund losing at least $500,000 in retirement savings. Stressed fund members also can't access their accounts, adding to the anxiety.
Worst week for ASX since 2022 with $70b wiped off
Fears of a recession in the US and big losses on Wall Street flowed through to the Australian share market, which dropped around 4 per cent over the week, its worst five-day performance since June 2022.
Where Trump's tariffs could hit the hardest and where Australia stands
US President Donald Trump is set to unveil a new round of sweeping tariffs today. Here's which countries do the most trade with America, how they could be impacted and where Australia fits.
Topic:Explainer
Clothing retailer Jeanswest collapses, hundreds of jobs to go
Clothing retailer Jeanswest has collapsed, with more than 90 stores set to close within months and hundreds of employees set to lose their jobs.
Australian supermarkets among world's most profitable, with 'limited incentive' to compete
The consumer watchdog finds Australia's supermarkets are more profitable than their global peers and the two majors don't need to compete "vigorously", but the ACCC stops short of declaring grocery prices excessive.
The ACCC will soon deliver its verdict in supermarket duopoly report
A long-awaited report into the market power of Australia's two major supermarkets — dubbed 'ColesWorth' — will soon be made public.
A tradie and burger chef had very different workers compensation treatment
A long-running scheme that pays workers' missing wages and annual leave when their employers collapse is being reviewed after claims it is being rorted. It's leading to additional calls to expand the policy.
Tax benefits of legal weed downgraded, but Greens vow to push ahead with policy
New costings estimate that legalising cannabis could add $700 million a year to the federal bottom line, but that number is far lower than previous estimates from the Parliamentary Budget Office.
Australian shares fall despite Wall Street optimism — as it happened
The ASX fell on Thursday, as several major companies traded without access to their latest dividend payments, while the Australian dollar moved higher overnight. Here's how the session unfolded on the ABC News markets blog.
Aussie dollar falls and ASX falls 1.2pc on more Trump tariff threats — as it happened
Casino operator Star's financial woes drag on the ASX, while Dan Murphy's owner has posted lower profits after strikes hit its liquor sales. Here's how the business day unfolded on our blog.
ASX 200 nears record high, bank stocks rally as tariff turbulence eases — as it happened
The Australian share market tracked its record high on Thursday, with News Corp and the major banks leading the gains. Here's how the trading day played out, with insights from our business reporters.
ASX snaps two-day losing streak after upbeat session for miners — as it happened
The Australian share market ended higher on Wednesday, buoyed by mining stocks in response to China's retaliatory tariffs against the United States.
Economist wants to deal a 'major blow' to social media platforms
Analysts say TikTok's "soap opera" saga in the United States is highlighting the "Hunger Games" for social media dominance, with prominent author and economist Yanis Varoufakis calling for measures to take back control for users.
Thousands of retail jobs lost as fashion group Mosaic closes 252 more stores
Mosaic's receivers have failed to find new owners for Millers and Noni B, the last two brands with any hope of a future following the fashion group's collapse
Myer seals 'one of the most significant' deals with Premier merger
Shareholders of Myer and Premier Investments have both overwhelmingly voted in favour of a deal that will see the department store acquire fashion chains including Just Jeans, Dotti and Jay Jays.
Wesfarmers to shut Catch, US dollar regains ground on tariff talk — as it happened
The greenback has regained ground, as Donald Trump says he plans to hit Canada and Mexico with 25 per cent tariffs from February. Wesfarmers says the deals website Catch is losing too much money and will be shut down. Follow how the session unfolded on the markets blog.