Stephen Letts

The ASX was dragged down by selling in banks outpacing demand for gold and rare earth stocks.

The ASX jumped more than 1 per cent as investors renewed their appetite for risk.

The ASX bounced out of the blocks, supported by banks and healthcare stocks gaining 0.9 per cent, while gold hit a new record high.

RBA delivers upbeat economic assessment to parliament, but warns about the risks of a Chinese slowdown. 

ANZ has been hit with a massive fine for unconscionable conduct impacting 65,000 customers, ranging from the federal government to dead account holders.  

The ASX has ended in the red after Wall Street's retreat on Friday. The major supermarket chains expect to pay hundreds of millions more to remediate underpaid staff.

The ASX closed lower as banks, miners and tech stocks struggled.

After a strong lead from Wall Street, the ASX spent most of session on the slide with gains in miners and energy stocks just outpacing losses in banks and retailers.

The ASX closes at a record high, while Qantas has been fined $90 million in the Federal Court for illegally sacking 1,800 workers and NAB admits to underpaying workers again.

The ASX hit a new record close on the back of miners and banks, while JB Hi-Fi fell sharply despite  producing a "solid" profit.