The Latest Breaking News from ASX

A banking rally has sent Australian shares to three-month highs, while the Australian dollar hit its own milestone by reaching its highest value in three years.

The local bourse has gained for a second straight session, supported by resurgent gold stocks and a positive outlook for the Aussie dollar.

Rising interest rates in the world's third-largest bond market have investors weighing the benefits of fixed interest against fading growth in equities.

The Australian market has had its best day in months after a massive rebound in technology stocks and big performances for gold and lithium miners.

The blue and red boxes with white dots are immediately recognisable as containing Domino’s pizzas. The pizza chain is Australia’s largest and is run as a franchise, with the ASX-listed public company Domino’s Pizza Enterprises holding the Australian master franchise rights.

The ASX200 has lost 1.4 per cent to finish the week down 1.5 per cent, its worst week in since early April.

Interest rate-sensitive stocks have dragged the share market to multi-month lows after a surprise dip in unemployment lowered the chance of rate cuts.

The corporate watchdog has flagged easing reporting requirements for smaller firms while warning private credit to shape up or face tougher regulation.

Shares in Australian technology giant WiseTech are in freefall, down 15 per cent in early trading, after revelations of an ASIC-AFP raid.