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Further interest rate relief is likely to spur on consumer spending. Picture NewsWire / Gaye Gerard

MONEYPremiumMajor sign Aussies starting to spend again

Australian households are finally starting to loosen their purse strings after years of tightened budgets, in a major sign the worst of the cost-of-living crisis might be over.

Cameron Micallef

Traders now see a near 90 per cent chance of a September rate cut after Jerome Powell's speech. (AP PHOTO)

MarketsPremiumWall Street closes higher as Powell hints at rate cut

Investors piled into stocks after US Federal Reserve Chair Jerome Powell hinted at a near-term interest-rate cut during his Jackson Hole Symposium speech.

Shashwat Chauhan, Sanchayaita Roy and Carolina Mandl

. On a mixed day of trading seven of the 11 sectors finished in the red. Picture Newswire/ Gaye Gerard.

MarketsPremiumASX slumps on earnings misses

The ASX 200 gave up some of Thursday’s gains, as company earnings misses were smashed by local investors at the close of the week.

Cameron Micallef

GYG co-CEOs Hilton Brett and Steven Marks.

RetailCommentsHoly guacamole! Guzman y Gomez shares smashed

Guzman y Gomez investors have deserted the Mexican-themed restaurant chain even after it declared a maiden dividend and cracked $1 billion in sales for its nachos, burritos and tacos for the first time.

Cheyanne Enciso

The ASX finished lower, led by slumps in consumer staples, health care and real estate stocks. (Dan Himbrechts/AAP PHOTOS)

MarketsPremiumAustralian shares slip but secure record weekly close

The S&P/ASX200 has retreated from its record-breaking breach of the 9000-point level as investors took profits before a key central bank conference.

Adrian Black

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BUSINESSPremiumSurprising time Aussies are ordering Mexican

Mexican food chain Guzman Y Gomez has hit $1bn in sales, with late-night diners and breakfast customers driving unexpected growth across its 24/7 outlets.

Cameron Micallef

We take a breather today, with just a handful of companies fronting up with their results before we dive headfirst back in on Monday.

MarketsCommentsASX LIVE: Run above 9000 comes crashing down

Regis Resources hammered despite record results; ASX200 slips, shares in Mexican fast food chain GYG are being caned, and a booming US market has buy now, pay late platform Zip eyeing a Nasdaq listing.

Daniel Newell

Traders are now focused on the Fed's annual symposium, where Chair Jerome Powell will speak. (AP PHOTO)

MarketsPremiumWall Street down as investors brace for Powell's speech

Investors' eyes will be on the Jackson Hole Economic Policy Symposium, where Fed Chair Jerome Powell is scheduled to speak on Friday.

Johann M Cherian and Sanchayaita Roy and Carolina Mandl

Despite an overall positive day, investors punished any earnings misses. Picture Newswire/ Gaye Gerard.

MarketsPremiumASX 200 smashes historic milestone

The ASX 200 closed above 9000 points for the first time in history, but one expert says the catalyst for the strong run is “mixed”.

Cameron Micallef

The Australian share market is on a another record streak.

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MarketsComments
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Share market cracks 9000 points for first time

The S&P-ASX200 closed at a new peak of 9019.1 points on Thursday for a gain of 1.1 per cent, just four months after plumbing 7400 when markets tanked on US President Donald Trump’s tariffs.

Sean Smith

Super Retail Group CEO Anthony Heraghty.

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RetailComments
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Rebel owner Super Retail tells shoplifters to get a real job

Shoplifters have been told to get a new job by the head of some of Australia’s well-known brands like Rebel and Supercheap Auto amid a growing and increasingly sophisticated crime racket confronting retailers.

Cheyanne Enciso

Luke Tonkin when he was MD of Silver Lake resources.

MiningCommentsPremiumTonkin to quit as Vault boss, shares surge on buy-back

Vault Minerals has flagged the departure of veteran gold mining chief Luke Tonkin while pulling the trigger on a plan to inflate its share price.

Adrian Rauso

The ASX record high on the back of better earnings results, rate cuts and fears of Trump’s tariffs subside. NewsWire / Max Mason-Hubers

MarketsASX 200 soars to record high

The ASX200 has hit an unprecedented milestone, as strong earnings and rate cuts ease investor concerns on global trade tensions.

Cameron Micallef

The Australian stock market hit a new high with the industrials sector leading the charge. (Steven Markham/AAP PHOTOS)

MarketsPremiumRecord day in gains for ASX results in a sea of green

The ASX has finished a record-breaking trading session at an all-time high as investors turned the bourse green on the busiest company reporting day.

William Ton

A loaded dump truck climbing the Super Pit walls. Tori O'Connor

MiningPremiumNorthern Star shines with record profit and dividend

Northern Star Resources’ annual profit has surpassed $1 billion for the first time and flowed through to a record dividend.

Daniel Newell and Adrian Rauso

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BUSINESSPremiumMajor bank’s huge backflip on AI job cuts

Commonwealth Bank's dramatic backflip on replacing workers with AI has saved 45 jobs, but unions warn more cuts disguised as “digital transformation” loom.

Cameron Micallef

It’s another big day for corporate Australia, with plenty of bigwigs set to reveal the state of their financial affairs to investors.

MarketsCommentsASX RECAP: ASX200 on a tear, smashing magic 9000 barrier

It was another big day, with plenty of bigwigs revealing the state of their financial affairs. Northern Star is basking in gold’s glow and BCF has delivered a star turn for Super Retail Group.

Daniel Newell

Investors on Wall Street are reconsidering the values of stocks in the technology sector. (AP PHOTO)

MarketsPremiumWall Street ends mixed as investors sell tech shares

US stocks have closed mostly lower amid investor caution regarding shares in major technology companies.

Johann M Cherian, Sanchayaita Roy and Carolina Mandl

Euroz Hartleys’ Perth trading floor.

MarketsCommentsPremium Euroz Hartleys in the money as Canaccord expands

The listed stockbroker said the 88 per cent surge in full-year net profit to $10.3 million came on a revenue rise of just 10.6 per cent to $98.7m and was aided by increased activity by its dealmakers.

Sean Smith

Australia’s sharemarket edged higher on Wednesday, bouncing back slightly after a two-day slump driven by CSL’s record one-day fall. NewsWire / Max Mason-Hubers

NewsPremiumASX climbs as banks lead rally

After healthcare giant CSL wiped billions off its value on Tuesday, the ASX 200 steadied, led by strong gains in the banking and real estate sectors.

Andrew Hedgman

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BUSINESSPremiumMajor change coming to Lotto tickets

The company behind Powerball and Australia’s other lotto draws has flagged a major change to tickets, after their profits took a hit.

Blake Antrobus

Leadership Matters Lunch with The West Australian: Managing Director for Iluka Resources Tom O'Leary. Photo by Michael Wilson, The West Australian.

MiningIluka gives thumbs up to rare earths price floor

Iluka Resources has indicated its hotly-anticipated rare earths refinery would thrive on the price floor set by the Trump Administration.

Adrian Rauso

Data centres are accounting for increasing work at Southern Cross Electrical Engineering.

ContractingCommentsPremiumFast-growing SCEE says ‘it’s a great time to be in business’

The electrical contractor’s full-year profit marched 44.5 per cent higher to a record $31.7 million as increased work servicing infrastructure and commercial developments sent revenue up 45 per cent to $801m.

Sean Smith

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NEWSPremiumAussie company’s big call amid tariff chaos

In a stark example of Donald’s Trump power, an Aussie company has revealed a key change to its operations.

Duncan Evans