The Reserve Bank could start giving mortgage holders a relief by cutting interest rates from September, with more relief to continue in 2025, Australia’s biggest lender predicts.

Britain is in recession, official data showed Thursday, dealing another blow to embattled Prime Minister Rishi Sunak, whose Conservative party is forecast to lose a general election expected this year.

The Australian sharemarket has lifted for the first time this week, as the tech sector benefits from a major takeover bid.

The ASX 200 has finished the day up on Thursday at 0.77 per cent. Sky News Business Reporter Edward Boyd says the ASX 200 opened higher on Thursday morning, with most sectors in the green. “Tech stocks and property REITS, they were the top performers,” Mr Boyd said. “The market jumped ab...

Origin Energy shares lifted 2.45 per cent on Thursday after the company announced its net profit grew 149 per cent to $995 million. Its underlying profit soared from $44 million to $747 million as markets normalised after last year’s abnormal weather-affected coal and energy prices. Origin's r...