Stephanie Chalmers

The ASX 200 has fallen slightly after disappointing news about Australia's inflation rate, while the dollar retreated fractionally below 70 cents to the greenback after hitting three-year highs earlier in the day. Look back on the trading day in our business blog.  

A rally on Wall Street has sent Australian stocks higher, while the Reserve Bank is tipped to raise interest rates for the first time in more than two years this afternoon. Follow live.

Could RBA economists conceivably see inflation returning to target without a rate hike? We'll know this afternoon, and while it's not the dominant view, it's not a fringe one, either.

The company says almost one third of staff across 40 countries would be affected by the redundancies as a move towards AI sees a reshaping of its workforce. 

New data has confirmed a significant rise in fuel costs, with the national average petrol price increasing 17 cents over the week to Sunday, to 198 cents a litre, as analysts warn there's more room for it to rise.

Expectations the Reserve Bank will hike the cash rate next week are rising as leading economists shift their forecasts — and some say one increase may not be enough.

Qantas will cut domestic flights due to higher fuel costs and the uncertainty of the Middle East war, as it flags as much as $800 million in extra fuel costs.

It will shut its 62 company-owned stores in the coming weeks and working through "transitional arrangements" with 27 stores owned by franchises, with hundreds of staff facing redundancy.

The billionaire founder of WiseTech Global said he was stepping down as the company's chair after "recent personal media attention" created an "unnecessary distraction" from the business. 

Origin Energy says it started reviewing a "potential security threat" early this month but deemed it not credible, before new information indicated a breach.