Stephanie Chalmers

It's a wild ride for crypto prices, with volatility for Bitcoin after it surpassed $US100,000. The local share market slid at the close, while Woolworths attempted to end strike action affecting its supply chain. The day's events and insights as they happened.

Wall Street cheered the relatively orthodox choice the US president-elect made for his Treasury secretary nomination. Within hours, Trump threatened tariffs on key trading partners, reminding markets it's his world, not his cabinet's.

Australia's annual inflation rate remained steady in October at a more than three-year low as electricity and fuel prices fell. The local share market rose after a rally on Wall Street. Follow how the day's trade unfolded on the markets blog.

The typical household faces spending half their income to service a new home loan, according to research from ANZ and CoreLogic, while the Australian share market ended lower.

The corporate regulator alleges NAB did not respond to 345 hardship applications within the legal time frame. NAB has apologised and says it's changed its approach.

Prices rose by 0.2 per cent in the September quarter, according to the ABS, compared to the 1 per cent rise in the three months through June. Underlying inflation remains above the Reserve Bank's target.

Department store giant Myer will purchase a slew of fashion chains, giving it ownership of nearly 800 retail stores across Australia and New Zealand.

The corporate regulator has launched court action over renewal notices sent to more than 500,000 customers that promised discounts that weren't always delivered. QBE has apologised and says it has cooperated with ASIC.

Thousands of bank customers were affected by Westpac and St George app and internet bank outages and a Commonwealth Bank duplicate transaction error, leading a finance expert to advise Australians to bank with at least two different institutions to mitigate risk.

The local share market lost ground, and major supermarket chains are  questioned over why Tim Tams are cheaper in the UK than in Australia. Here's how the day unfolded plus insights from our business reporters on the ABC News markets blog.