Business news blog

Australia stocks fall on election move

Australian stocks fall after Prime Minister Malcolm Turnbull recalls parliament and brings the budget forward, setting the scene for an early election.

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Benefit tests 'doubled in cost'

Disability benefit assessments have doubled in cost to ?579m a year but targets are still being missed, the spending watchdog says.

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Asian shares down on China data

Asian shares were mostly in negative territory on Wednesday as investors continued to digest disappointing Chinese trade figures released on Tuesday, and as China's latest inflation numbers were released.

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