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ASX tumbles as bank pain spreads

Continued selling in the financials sector spread to all other S&P/ASX200 sectors on Tuesday, sending the index to its ...

Continued selling in the big banks spread to all other major sectors, sending the sharemarket to its lowest in nearly four months.

Markets Live: ASX loses year's gains

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Shares are back where they started the year after the ASX suffers close to its worst session in 2017 amid almost indiscriminate selling, while the RBA holds steady.

Shorten defends Dastyari's China links

Senator Sam Dastyari has come under fresh scrutiny.

Labor leader Bill Shorten has been forced to back Labor senator Sam Dastyari following fresh revelations about his links to and lobbying for an influential Chinese donor to the Australian Labor Party.

Minimum wage to rise by $22 a week

The decision will anger the nation's union movement, which has been fighting for a $45-a-week rise to the minimum wage.

Australia's lowest-paid workers will get a $22-a-week pay rise after the workplace umpire lifted the national minimum wage to $694.90.

What's in the ACT budget for Woden

More than $53.5 million is budgeted to put together the business case and procure services to bring the tram from Civic ...

Those bemoaning a lack of investment in Woden in the past few years will no doubt be clamouring for news about stage two of light rail.