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APRA trims Westpac's risk capital, ASX200 trades lower — as it happened

The banking regulator has lowered Westpac's risk capital requirements, while the S&P/ASX200 dipped back below 8,000pts in Friday's trade to finish the day lower. 
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Generic photo of a Westpac branch

As it happened: Unemployment up slightly to 4.1pc in June, ASX closes lower

Unemployment has risen slightly to 4.1 per cent in June, up from 4 per cent the previous month. As it happened.
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Two women look at a share price board outside the ASX in Sydney.

analysis:Who will be the next US president? The financial markets have a bet placed firmly on one candidate

Financial markets are pricing in a victory for Republican presidential candidate Donald Trump, with further all-time highs on the US stock market expected under a Trump presidency.
A statue of a bull charging sits on a paved city street

Andrew Forrest's Fortescue slashes 700 jobs amid green technology commitment

Andrew 'Twiggy' Forrest will axe 700 jobs from mining company Fortescue by the end of July to streamline business.
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A side-on photo of a man wearing a blue suit, white shirt and yellow tie gesturing with his right hand while speaking on stage.

Australian shares hit new record high, Fortescue to axe 700 jobs — as it happened

Australian stocks have ended higher to set a new record, following a rally on Wall Street. Meanwhile, Andrew Forrest's Fortescue announced it would axe 700 jobs by the end of the month — equivalent to 5 per cent of its workforce.
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Two women look at a share price board outside the ASX in Sydney.

Telstra tells customers about mobile price 'changes', while ASX slips despite Wall Street surge — at is happened

The Australian share market slipped from its recent record highs, while Wall Street surged on bets of a second Trump presidency and US interest rate cuts. See how the day unfolded on our live blog.
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Giant screen on the wall of the ASX, with large green numbers, showing the price of shares which have risen.

analysis:Donald Trump wants to put tariffs of up to 60 per cent on Chinese goods. What will that do to the global economy?

Donald Trump looks ever more likely to return to the White House and, while commentators focus on deep political and social divisions in the US, a Trump victory will also have far-reaching global economic and market ramifications.
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A illustration of US and Chinese flags covering currency

ASX 200 gains 0.7 per cent, closing at new record high above 8,000 points, fending off weak Chinese data — as it happened

The ASX gained 0.7 per cent, closing at a record high, despite earlier, stronger gains being dragged down by disappointing economic news from China. Look back at how the day unfolded on our live markets blog.
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A stock trader looks down at a tablet as he works on the floor of a busy stock exchange while surrounded by screens.

As it happened: CBA overtakes BHP as the ASX's largest company, fallout continues from BHP's nickel closure

Australian shares set a new record high during trade on Friday, where Commonwealth Bank stocks hit a record high, and took BHP's spot as the largest company on the ASX. As it happened.
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ASX 200 board

Almond company and nuclear medicine maker both soaring on the ASX today — as it happened

We went on a deep dive after the stocks of Telix and Select Harvests both rose suddenly on the ASX. Meanwhile, the overall market finished higher, after another rally on Wall Street. See how the day unfolded on our live blog.
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A man and woman, with their baby in a pram, looking at the ASX stock market boards in Sydney.

Reserve Bank of New Zealand leaves interest rates on hold at 5.5pc, ASX ends lower — as it happened

The Reserve Bank of New Zealand has kept interest rates on hold for another meeting but predicted inflation will return to target in the second half of the year. Meanwhile, the ASX ended lower at the close of trade on Wednesday.
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A man in an overcoat walks up the stairs to the Reserve Bank of New Zealand's headquarters in Wellington.

As it happened: Lawyers, accountants, real estate agents target of new money laundering laws

The Australian share market closed higher, after slight gains from US stocks drove Wall Street's main indices to fresh record highs. Meanwhile the federal government has announced reforms that aim to stop money laundering. 
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Stack of several thousand dollars worth of Australian $50 notes showing David Unaipon

ASX drops 0.8 per cent, weighed down by miners and falling iron ores prices — as it happened

The ASX, weighed down by the big miners, fell 0.8 per cent  despite the positive lead from Wall Street's S&P 500 and Nasdaq indices closing at record levels on Friday. Look back at how the day unfolded on our live markets blog.
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A stock trader looks down at a tablet as he works on the floor of a busy stock exchange while surrounded by screens.

As it happened: ACCC warns east coast could face gas shortfalls by 2027, ASX lower

The Australian share market closed lower on Friday, while a report by the ACCC has warned that the eastern states could face a gas shortfall by 2027 — a year earlier than it had previously predicted.
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A gas flare

As it happened: Fall out from the ASIC report, wheat prices tumble, ASX closes higher

Reactions to the parliament's ASIC inquiry, a look at what's brought wheat prices down and the ASX closes trading higher: as it happened with our business reporters on the ABC News markets blog. 
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A stock market watcher stands in front of an ASX board.

Online retailer Booktopia collapses, ASX follows Wall Street's lead to finish higher — as it happened

Australia's largest online bookstore, Booktopia, has collapsed and been placed into voluntary administration. Meanwhile, Australian stocks ended higher on Wednesday after a rally on Wall Street overnight.
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A woman in a fluro vest stands on a ladder stacking books on shelves.

Stocks that shot to the Moon, and companies that tanked: Our end of financial year review

Happy financial new year! Look back at the year that was in financial markets; which stocks performed best, what tanked and where analysts are focusing their attention over the coming 12 months. 
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ASX in Sydney

ASX closes down 0.2% after clawing back heavy early losses — as it happened

The ASX 200 closed down 0.2 per cent after battling back from a sharp fall on opening.  Look back at how the day unfolded on our live markets blog.
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A stock trader looks down at a tablet as he works on the floor of a busy stock exchange while surrounded by screens.

As it happened: Live updates: Nine to axe 200 jobs, ASX trades higher

Nine Entertainment has announced it'll cut up to 200 jobs, ASX trading higher in midday trade. Catch up on the day's events and insights as they happened.
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Two women look at a share price board outside the ASX in Sydney.

ASX lower after release of hot inflation data sparking fears of another rate hike — as it happened

The Australian share market falls despite Wall Street finishing higher. Look back on our blog to see how today's events unfolded.
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Two women look at a share price board outside the ASX in Sydney.

ASX drops as inflation climbs to 4 per cent in May, exceeding economists' expectations — as it happened

Inflation rose to 4 per cent in the 12 months to May, according to the latest data by the Australian Bureau of Statistics. Economists had broadly expected inflation to rise slightly to 3.8 per cent. Catch up on the day's news in the business blog. 
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People walking in Brisbane's Queen Street Mall

Bonza's directors accused of trading while insolvent, creditors may walk away with nothing

Administrators for collapsed airline Bonza say the company likely traded while insolvent, with the company's directors to be referred to the corporate regulator for investigation.
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An aircraft in the sky with Bonza logo.

KFC's local operator sees net profit surge by more than 500 per cent, Australian shares rise by 1.4pc — as it happened

Australia's share market closed 1.36 per cent higher on Tuesday after Collins Foods, the local operator of KFC and Taco Bell in Australia, reported a 500 per cent net profit increase during last financial year. Catch up on the day's news in the business blog.
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A KFC sign outdoors consisting of a large bucket with the face of Colonel Sanders.

ASX drops 0.8 per cent, Myer and Premier Investments plot a big deal and supermarket reforms unveiled — as it happened

The ASX fell across the day, ending 0.8 per cent down, while in retail news, Myer and Premier Investments are mulling over a big deal and the federal government unveiled its mandatory Food and Grocery Code of Conduct that aims to protect suppliers from supermarkets' buying power. Look back at how the trading day unfolded on our live markets blog.
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Myer in The Myer Centre in Brisbane CBD, people walking past

As it happened: Foreign buyers purchase $5b worth of residential property, ASX closes higher

The Australian share market closed higher on Friday, despite losses on Wall Street that saw chipmaker Nvidia lose its title as the world's most valuable company to Microsoft. And more foreign buyers are buying up Australian residential property according to new ATO data. Follow live.
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Aerial shot of dozens of houses in neat rows in a new outer-suburban housing estate.