Inflation falls to 3.5 per cent, but rate hike fears rise, Woolworths shares surge 6 per cent to a five-year high. Plus, the Future Fund announces the retirement of long-serving CEO Raff Arndt.

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Westfield has aims to be one of Australia's biggest apartment developers, the Baltha Group goes bust owing more than $3 billion. Plus, the government has positioned itself as the guardian of the superannuation system.

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Kogan shares slump despite its sales and profit rising, the latest inflation numbers will determine the next move in interest rates. Plus, despite statements from government that home prices won't fall, weak auction clearances show the opposite.

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Australia’s debt tops $1 trillion for the first time, Medibank accuses insurance comparison sites of driving up premiums. Plus, SCX.ai raises $40 million in its ASX debut, with CEO David Keane joining the program.

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Australia’s $1 trillion debt looks even bigger when state debt is added, unemployment rises to 4.5 per cent as Victoria hits 5.1 per cent. Plus, Moderna shares surge after breakthrough cancer vaccine result.

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WiseTech shares plunge after an ACCC search warrant, Santos reports a 22 per cent profit fall. Plus, real wages go backwards for a third straight quarter, with the private sector hit hardest.

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CSL shares soar back to life as its profit and outlook exceed expectations, another big winner on the stock market is medical imaging growth stock Pro Medicus. Plus, Chief Executive Nick Hamilton joins the program.

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JB Hi-Fi shares slump suffering their worst day in 15 years, the Reserve Bank investigates the impact of housing tax changes. Plus, Bluescope Steel profit doubles as it's US operation North Star soars.

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Treasurer Jim Chalmers has appointed Melinda Cilento as a part-time member of the Reserve Bank's monetary policy board, the government grills KPMG over the company's ethical failures. Plus, new home loans fall 5.4 per cent in the June quarter.

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KPMG clears senior management ahead of a parliamentary inquiry into whistleblower claims, while major companies report results. Plus, the Telecommunications Industry Ombudsman calls for a regulatory overhaul to improve regional services.

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