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.
Australia's inflation rate picked up more than expected in September, increasing expectations of an interest rate hike next week.
If you are feeling the squeeze at the check-out, official data confirms what your receipt likely shows: prices keep rising. Here are the reasons behind it.
Shared Beginnings entered administration this week after its centres operated "at a loss", casting another shadow on a sector undergoing a wave of closures.
As markets put the chance of a rate hike in November at more than 50 per cent, Reserve Bank deputy governor Andrew Hauser warns of a "central banker's nightmare".
Shares in data centre operator NextDC plummeted over 40 per cent after returning to trade following a suspension. Catch up on the day's events and insights from our business reporters on the ABC News live markets blog.
National Australia Bank says it will cut about 6 per cent of its workforce by mid-2027, as it overhauls its operating model.
NAB plans to slash about 6 per cent of its workforce. The local share market has opened lower, with most sectors falling.
Cosmetic brand Lush will not be continuing the leases of all 10 of its stores in Westfield shopping centres. Catch up on the day's business news here.
Australia's largest home lender, the Commonwealth Bank, has seen home loan applications tumble 15 per cent since May, after three interest rate hikes and the federal budget's tax changes.
The Reserve Bank has kept the cash rate steady at 4.35 per cent in August as the central bank releases its updated economic forecasts, including the inflation, growth and unemployment outlooks.
The ASX rallies after annual inflation eased back to 3.8 per cent in June, according to the ABS.
Origin Energy says it started reviewing a "potential security threat" early this month but deemed it not credible, before new information indicated a breach.
The Reserve Bank is concerned that too many Australians have little idea what the central bank is trying to achieve with interest rates, which it says could be making its job harder.
The ASX lost 0.2% on Wednesday, while Telstra shares lost almost 3% after the telco suffered a major network outage. Catch up on the day's business and finance news on the ABC's markets blog.
The billionaire founder of WiseTech Global said he was stepping down as the company's chair after "recent personal media attention" created an "unnecessary distraction" from the business.
ABC News understands Microsoft Australia staff will be impacted by the tech giant's latest round of lay-offs. Microsoft will cut about 2.1 per cent of its global workforce.
Topic: Information Technology Industry
Deloitte Access Economics forecasts the longest stretch of sub-2 per cent growth since the early 1990s recession. Nine Entertainment retains the free-to-air rights to the National Rugby League through to 2034.
The Australian share market eases slightly, even as an AI-stock-led rally boosted the Dow Jones to a record high for a second straight day.
House price falls of up to 7 and 8 per cent in Sydney and Melbourne have been forecast for the year ahead, according to Domain. But it is far from doom and gloom for existing owners, with resale profits hitting a record.
The chances of an interest rate increase at the next RBA meeting have risen after the release of mixed inflation data by the ABS. The Australian share market finished the day higher despite a major sell-off across US tech. Look back on our live blog.
Some electricity users have been hit with higher charges, despite all the talk of the lower default market offers. Retailers say a rebalancing of supply and usage charges is the cause, but the regulator is investigating.
WiseTech shares finished the day lower by 3.3 per cent after Monday's 18 per cent dive, as executive chair Richard White "emphatically and unequivocally" has denied human trafficking reports. The ASX 200 closed 0.3 per cent lower.
The Reserve Bank has kept interest rates on hold at 4.35 per cent at its June meeting, providing a reprieve for borrowers after three consecutive rate hikes. The ASX has clawed back ground to finish flat.
It will shut its 62 company-owned stores in the coming weeks and working through "transitional arrangements" with 27 stores owned by franchises, with hundreds of staff facing redundancy.
The ASX 200 has finished largely flat after clawing back early losses, while oil prices rose as investors continued to monitor tensions in the Middle East. Look back on our business blog.
