Live updates: Australian share market to open higher after US inflation data; local jobs figures out this morning

The Australian share market is set to open higher after data showed US inflation is cooling, up 3.4% , feeding hopes of a rate cut this year by the Federal Reserve.Follow the day's financial news and insights from our specialist business reporters on our live blog.

You can't have a surplus and your tax cuts too — why Australia's budget will be in the red for a decadeThe Australian share market is set to open higher today after US inflation data gave investors more hope of rate cuts later this year.

Budget energy relief to backfire on welfare recipients, who are set to miss out on the full $300 benefit Families face 'loss, guilt and anger' as they deal with a genetic disease that has no cure or treatment

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Live updates: Australian share market to rise, Nasdaq hits record close after Powell reassures investorsA rally on Wall Street is likely to send Australian stocks higher, while investors await Wednesday's crucial US consumer inflation report. Follow the latest updates in our live blog.
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Live updates: Australian share market to open lower, Commonwealth Bank third-quarter cash profit falls 7pcA mixed session on Wall Street is likely to send Australian stocks lower, while the Commonwealth Bank's third-quarter cash profit falls 7 per cent. Follow the latest updates in our live blog.
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