The Australian share market is down on Christmas Eve, despite the value of US stocks, gold and silver climbing to their most expensive levels ever, while the Australian dollar has jumped to its highest level since October 2024.
Features
Latest business news
Crane collapse, thousands without power after Christmas Day storms in SEQ
Storms hit south-east Queensland on Christmas Day afternoon, knocking out power to thousands of homes.
Festive 'Friendsmas' celebrations combat loneliness, social isolation
Despite our screens being filled with images of happy families celebrating Christmas, some feel the festive season is lonelier than ever.
How second-hand shopping could be fuelling consumption
The rising popularity of second-hand and vintage fashion has been viewed as an opportunity to reduce fast fashion consumption; however, Australia remains one of the world's highest waste producers.
Diamonds might be forever, but lab-grown ones tend to lose their value
Diamonds are generally considered a luxury asset that holds its value, but the emergence of laboratory-grown diamonds in the jewellery industry over recent years could challenge that belief.
US sanctions five Europeans involved in regulating tech companies
Leaders in Germany, France, Spain and the European Union slam the move as "intimidation and coercion".