Timothy Moore

Sharemarket seesaws; CSL tumbles on sales blow; gold buoys Evolution, De Grey; impairment hit for Ramsay; upgrades on the horizon for Breville.

December core and headline CPI come in better than expected. Boss Energy soars. Star offloads Sydney sites; Nvidia leaps 8.8pc. Follow for updates here.

Australian shares closed 1.2 per cent lower as CBA drags. Citi downgrades Netwealth, new investor buys 5pc Star stake. Traders wipe 20pc off Myer’s shares.

Bank of America thinks that the US rate-cutting cycle is over, though Oxford Economics is still holding to its base forecast of three cuts, starting in March.

Australian shares close lower in broad sell-off. Retail sales growth rose in November. UBS downgrades Lovisa, Star tumbles 25p. And sell-off hits Aussie bonds.

Chris Bowen says there are “three fatal errors” in the nuclear energy costings; Coalition promises to reach net zero 44pc cheaper than Labor. How the day unfolded.

November’s payrolls report keeps open the door for a quarter point rate cut this month, though next week’s CPI data still needs to be cleared.

More than 100,000 electric vehicles have been sold in Australia this year; Israel reprimands Australian ambassador over visa refusal. How the day unfolded.

Jacinta Allan accused the protesters of “politicising Christmas”; Former Liberal leader faces court on drug charges. How the day unfolded.

The three-month annualised rate of consumer prices increased by almost 0.5 percentage point to 3.6pc in October. Economists say the pace won’t derail another rate cut.