The Australian share market snapped a five-day losing streak on Friday as a positive lead from Wall Street overnight propelled local tech stocks higher.

The International Monetary Fund has delivered a brutal reality check regarding Australia’s economy. The IMF has called on the Albanese government to cut spending and believes the Reserve Bank should continue lifting rates. The global financial agency says while Australia’s post-pandemic recove...

REA Group Economist Anne Flaherty says there’s been a “real drop” in the number of new housing starts. “Unfortunately, at a time when we desperately need more housing, the speed at which we’re delivering that new housing is starting to slow,” she told Sky News Australia. “So, we hav...

The ASX 200 finished the day up on Friday, gaining 1.02 per cent. The top performers included The Lottery Corp, which rose 6.02 per cent, Xero, which lifted 4.80 per cent, and Weebit Nano, which gained 4.52 per cent. Bottom performers included Boss Energy, which fell 3.23 per cent, and Emerald Res...

With the SEC approving funds holding bitcoin for the very first time, billions of dollars are expected to flow into the market. WSJ’s Dion Rabouin explains how some of the major funds will work, why the SEC came around to allowing them and what it means for crypto going forward. Photo illustration...