David Chau

Hotter inflation sees the Australian dollar bounce, as the ABS releases its first monthly consumer price index. The ASX closes up after an upbeat session on Wall Street as the odds of a December interest rate cut jumped above 80 per cent.

ABS figures show that workers received an average base pay increase of 3.4 per cent over the year to September. Webjet shares soar after a takeover offer from rival Helloworld. Here's a look back on how the business day unfolded.

Browse stories related to Business, Economics and Finance

Food-delivery company Menulog will shut down in two weeks, citing "challenging circumstances", while the Australian share market has closed slightly down. Look back on the day's business and economic news.

The Reserve Bank's Sarah Hunter says underlying inflation was likely stronger than the RBA had anticipated last quarter, striking another blow to expectations of further interest rate cuts. The ASX has closed up 1 per cent. 

The ASX 200 closes slightly down as gold maintains record highs. The Australian dollar surges against the Japanese yen on speculation its central bank will delay lifting interest rates. Look back on all the day's business and finance news.

Optus launches an independent review of last week's triple-0 failure, with chief executive Stephen Rue saying human error meant processes weren't followed during the outage. 

The Australian share market has closed down after a negative session on Wall Street ahead of tomorrow's Federal Reserve decision, while BHP will sack 750 workers in its Queensland coal division. Look back on the day's business and finance news.

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

The Australian share market has finished the session slightly higher, while in news out of the US, a judge has temporarily blocked Donald Trump's bid to fire a Fed governor. See how the trading day unfolds on our blog.