Stephanie Chalmers is the ABC's digital lead for business news. Stephanie has worked as a multi-platform reporter, covering corporate and economic news for the Business Reporting Team, based in Sydney. Prior to joining the ABC in 2017, she was supervising producer at Sky News Business.
Supermarket giants Coles and Woolworths expect to spend hundreds of millions of dollars more to repay staff the companies underpaid, following a legal judgement experts say could have wide-reaching implications.
Local stocks end lower as the retail sector gets hit and Woolworths and Wesfarmers trade ex-dividend. See how the trading day unfolded on the business blog.
The ASX at record highs is 'overvalued', according to market analysts, who say investors are paying too much for shares, considering some of Australia's largest companies revealed underwhelming profits during the August reporting season.
Qantas reports a 28 per cent rise in net profit as boss Vanessa Hudson says the company will "learn from" the fallout of its unlawful outsourcing of ground handling, which resulted in a $90 million fine and $120 million in compensation.
Consumer prices rose at their fastest rate in a year in July, according to the ABS monthly figures, but one major supermarket is no longer a beneficiary as Woolworth shares dive on disappointing profits.
The Australian share market has risen, while individual stocks, including Woolworths, Domino's Pizza, Flight Centre and Tabcorp, have made major moves. Wall Street closed higher despite Donald Trump's decision to sack a Federal Reserve governor.
The Reserve Bank's August interest rate meeting minutes show the central bank is poised to lower interest rates "faster" should the unemployment rate rise. See how the trading day unfolded on the ABC News live markets blog.
After crossing 9,000 points for the first time, the ASX 200 dipped in early trade, with traders bracing for an address by Jerome Powell to a central bank symposium.
CBA has apologised to 45 affected employees after finding customer service roles were not redundant despite introducing an AI-powered "voice-bot", but the union says the damage is done.
The benchmark index added 1.1 per cent on Thursday, with all sectors rising as stocks climbed to fresh records. Take a look at how the trading day unfolded plus analysis from our specialist business reporters on the markets blog.
Employment increased by nearly 25,000 people, driven by 60,000 full-time jobs, and the number of unemployed people also fell in the month.
Australia's unemployment rate falls to 4.2 per cent as female participation hits a record high in July. The ABS's latest figures show about 25,000 jobs were added to the economy in the month.
Australia's biggest company CBA has posted a $10.13 billion net profit but billions were wiped off the bank's share price, as analysts say the stock was "priced for perfection".
The central bank delivers its third interest rate cut of the year after last month's unexpected decision to hold, taking the cash rate to 3.6 per cent for the first time since April 2023.
The RBA has cut interest rates to 3.6 per cent.The ASX 200 notched another record close, while the Aussie dollar fell to around 65 US cents.
Optus could face another hefty penalty, as the privacy watchdog sues the telco over the 2022 cyber attack that exposed the data of around 9.5 million Australians.
Tokyo's Nikkei share index jumps on assurances that the US will implement the tariff deal Japan thought it had with the Trump administration, while the ASX 200 finishes slightly down.
The Australian share market finished the week flat, with Trump's tariff hikes leaving investors more worried about the future of the global economy.
Local stocks closed lower on Thursday ahead of US President Donald Trump's August 1 deadline for imposing higher "reciprocal" tariffs stands. See how the day unfolded on the ABC News live markets blog.
The ASX has ended the week in the red after a day of losses. See how the day's events and insights unfolded on the ABC News live markets blog.
Tesla's electric vehicle business faces challenges before its move into autonomous technology ramps up, but boss Elon Musk is touting its long-term value.
The Australian share market ends lower after Macquarie shares slump 5 per cent as the investment bank is hit with a first strike against executive pay. See how the day unfolded on our business blog.
The Australian share market has closed at a new record high after surprise unemployment data out today raised expectations of an RBA interest rate cut next month. Meanwhile, Qantas was granted a court order in an attempt to pre-emptively block the release of customers' personal data.
The central bank wants to end surcharging on eftpos, Mastercard and Visa cards from next July, following a review finding the system is outdated and retailers are charging blanket surcharges regardless of card type.
The Australian sharemarket shed its early morning gains rising above 8600 points in the opening minutes of trading on Friday but closing 0.1 per cent lower at 8580.1, after US President Donald Trump's "avalanche" of tariff announcements.