David Chau

News from the world of finance and business. Top stories in text, video and audio. Business video news bulletin. Features and analysis.

News from the world of finance and business. Top stories in text, video and audio. Business video news bulletin. Features and analysis.

The ASX at record highs is 'overvalued', according to market analysts, who say investors are paying too much for shares, considering some of Australia's largest companies revealed underwhelming profits during the August reporting season.

While the vast bulk of Australian housing is built for larger families, property research firm Cotality has found more than 60 per cent of households are made up of just one or two people.

The Australian share market closed in positive territory, led by the financial sector. That's despite heavy losses for some stocks, with James Hardie slumping more than 25 per cent and CSL declining again. Look back on the day's events and insights from our business reporters on the ABC News markets blog.

While the federal government insists its economic round table is more than just a talkfest, businesses are calling for a major reduction in red tape and excessive bureaucracy. 

The Australian share market has slipped from its record high as Commonwealth Bank reports a $10.1 billion annual profit. Wall Street breaks new records after the latest US inflation data reveals Donald Trump's tariffs have not resulted in much higher consumer prices yet. Follow live.

The Australian share market has risen to its highest level ever despite falls on Wall Street overnight, while REA Group and News Corp reveal significant profit increases, driven by more property listings. Look back on the day's events and insights from our business reporters on the ABC News markets blog.

The Australian share market has risen to its highest level ever despite falls on Wall Street overnight, while REA Group and News Corp reveal significant profit increases, driven by more property listings. Look back on the day's events and insights from our business reporters on the ABC News markets blog.

Telco giant Telstra is proposing job cuts that could see hundreds of employees gone. The Australian share market has fallen after yesterday's surprise decision by the Reserve Bank to keep interest rates on hold.