The Australian share market has ended lower on Wednesday, a day after the RBA delivered a long-awaited rate cut, while wages growth fell to the lowest level since March 2022.
The Australian share market rises as the latest figures from the ABS show monthly core inflation falling to 3.2 per cent, raising hopes the Reserve Bank will cut interest rates as soon as next month.
Australian shares rose as tech, healthcare and financials offset falls in the iron ore sector. Nvidia's CEO delivered a major presentation to a tech conference. See how the day unfolded on our markets blog.
Retailers expect shoppers to splurge almost $1.3 billion on Boxing Day itself and $24.7 billion for the entire sales period, which is set to be the biggest on record.
The Australian share market ends the day higher after a rally on Wall Street, while the Australian dollar remains at a two-year low. Look back on how the session played out.
The Reserve Bank of New Zealand has cut interest rates to 5.25 per cent, while Australia's corporate regulator has announced it's suing the ASX for alleged misleading statements. Look back on the day's events with our blog.
The Bank of New Zealand has cut interest rates to 5.25 per cent, while Australia's corporate regulator has announced it's suing the ASX for alleged misleading statements. Follow the latest updates in our live blog.
Families and neighbours shopping through informal co-ops are saving hundreds, but the business model could help apply major competitive pressure to the major supermarkets.
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.