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

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The Australian share market is set to open higher after data showed US inflation is cooling, while all eyes will be on local unemployment figures out this morning. Follow the day's events and insights as they happen with our business reporters on the ABC News live markets blog.

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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