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Wall Street ends down as hopes of a Hormuz deal fade
US crude oil jumped about 5% to settle at $US82.13 a barrel as confidence in a Hormuz deal faded.
Reserve Bank tipped to hold rates but keep the door open to hikes
Reserve Bank governor Michele Bullock is expected to leave the door open to further rate hikes today even though expectations for an August hold ar...
Shares lift as RBA holds fire, oil holds onto gains
Australian shares have improved after a rate hold from the Reserve Bank.
RBA flags inflation fight isn't over
The Reserve Bank of Australia has left the cash rate at 4.35 per cent as expected, but says it remains prepared to raise rates again if inflation r...
House-hunters face spring sale shortage in market slump
National property prices fell 0.7% in July, the biggest monthly drop since December 2022.
S&P 500 hits record high as weak jobs data eases rate fears
US stocks advanced, with the S&P closing at a record high to cap off a strong week of gains for the major indexes.