The major miners, energy and bank stocks led heavy selling on the Australian share market, which closed 5 per cent lower as selling accelerated in late trade.

Despite coronavirus restrictions sending auctions online and seeing many home sales abandoned, CoreLogic figures for April show prices continued to rise for the few properties that did sell.

ANZ's chief executive warns the Australian and New Zealand economies will be reshaped by the COVID-19 pandemic and take years to recover from the economic fallout.

The Prime Minister and Chief Medical Officer urge people to download the tracing app to speed easing of restrictions, while another large support package to help keep aged care resident safe is announced.

The directors of a prominent Adelaide hotels syndicate are ordered to pay $383,000 to their former business partners after a court found they concealed deals with major breweries over access to beer taps.

US President Donald Trump seemingly increases his estimate of possible deaths from coronavirus to 100,000, up from 70,000 earlier in the week, as South Africa, Spain and some American states loosen their restrictions. These are the key coronavirus developments from today.

Elon Musk has seen Tesla's share price falling after a series of unusual tweets, including saying he would sell all his possessions.

Care about sustainable seafood? The waters off South Africa's iconic False Bay have "gone quiet", and experts believe it could be linked to your weekend fish and chips.

Property values fell slightly in some parts of Queensland in April but rose in others amid a sharp drop in sales due to the COVID-19 pandemic.

At 14 years of age Zaynn Bird was a sub-par McDonald's employee. At 23 he owns one of his state's most impressive burger joints.

The travel agent chain backs down from charging hundreds of dollars in cancellation fees for trips cancelled due to COVID-19 restrictions, following pressure from customers and the Australian Competition and Consumer Commission.

Some 70,000 animals across Indonesia, including members of critically endangered species, are at risk of starvation as zoos struggle financially due to social distancing restrictions amid the coronavirus pandemic.

Michael Waite ran for office in Washington and worked for Bill Gates' private investment company, but helping establish a community newspaper could be his toughest challenge yet.

Children in SA will soon be able to return to playgrounds and in NSW, real estate watchers could be heading to open homes and auctions as soon as next weekend, as some state governments announce further easing of restrictions. These are the key coronavirus developments from today.

The community of mainly over-60s on St Huberts Island in NSW manages to stare down the threat of COVID-19 with music, exercise and good wine — and a fresh catch of fish delivered by doting grandsons.

Some are warning Australia's television industry is facing a crisis that could affect how much viewers pay for entertainment in the future, and whether the kinds of shows that have been hits in the past will continue to be made.

Sex and nudity is strewn across our TV and cinema screens, but for actors and audiences, there can be a cost. That's starting to change, says Normal People's on-set intimacy coordinator.

While the economic tsunami of coronavirus shutdowns hammers most sectors, WA's resources industry has jobs created on mine sites where providers of support services like catering, cleaning and maintenance are in high demand to keep mine sites safe.

After two months in almost total lockdown, 4.5 million Italians are allowed to return to work today as the country with the second-highest coronavirus death toll begins to wind back some restrictions.

Police in Malaysia confirm they are investigating a journalist over her reporting on mass raids targeting migrants and refugees amid the COVID-19 pandemic.

Within the space of a month, the coronavirus pandemic has upended the property market for buyers, sellers, tenants and landlords.

With dine-in service off the table many restaurants struggle to retain staff who are ineligible for JobKeeper payments.

Westpac joins ANZ in deferring its interim dividend as it braces for the financial impact of COVID-19, but mounting issues around money laundering and tax reporting may cost it almost as much.

The coronavirus pandemic is understandably weighing heavily on the business sector, but there are early signs of green shoots as one state begins to open up.

Canberra petrol retailers will need to meet weekly fuel price targets to avoid the ACT Government regulating the market, despite prices dropping to about $1 per litre after the Chief Minister threatened to cap margins.

Transurban reports to shareholders that construction on the West Gate Tunnel has been set back, with the project now expected to be completed by in 2023.

The Australian share market closes higher, shaking off initial falls, while Afterpay shares surge after revealing investment by Chinese firm Tencent. Job ads fell by 50 per cent in April as coronavirus hit businesses.

The US President said China tried to cover up the coronavirus outbreak before trying to blame other countries for the ensuing health pandemic.

The fallout from harsh border closures means many WA tourism businesses will struggle to stay afloat for longer than six months given a huge drop in revenue.

Citrus growers say under a proposed change, the health star rating for 100 per cent orange juice could drop from the current five stars to as low as 2.5 stars.

The financial regulator has asked ME Bank to explain why it has taken cash from accounts linked to its customers' home loans to reduce the risk of mortgage default.

Josh Frydenberg will tell the National Press Club he is happy a discussion about lifting coronavirus restrictions is taking place earlier than first planned as new analysis says the Australian economy is losing $4 billion a week.

James and Victoria Sylvester were refused a refund when their $10,000 holiday to Dubai was cancelled because of coronavirus. Now hundreds of consumers in similar situations are considering launching a class action.

While oil and wholesale fuel prices have been at two-decade lows, pump prices have not come down so quickly or consistently across the country. But service station owners say they too are struggling to survive the COVID-19 downturn.

Australian shares rise, Qantas secures extra funding to get through the coronavirus crisis and US markets edge higher led by Microsoft, Apple and Amazon.

Up to a million Australians may have lost their jobs since social-distancing measures to limit the spread of COVID-19 ramped up, new ABS data suggests, while the Reserve Bank expects the economy to take a 10 per cent hit.

Norfolk Island is the only place in Australia you can dine in a cafe and gather outdoors with 50 people.

Work begins on the Gold Coast's $1 billion Pacific Motorway upgrade, with promises it will benefit motorists and the economy.

A journalist left out of work after Australian Community Media shut down his regional printing press starts his own online newspaper in an effort to keep the community informed.

A peak industry body says South Australia's 12-day stretch without any new coronavirus cases has created a "high level of expectation" that pubs will reopen.

An Adelaide mother is jailed for stealing from the Catholic Church to pay for expensive overseas holidays and indulgent consumer goods, while a former accountant is also sentenced for stealing from his clients.

One WA couple who fell victim to a tractor ad scam wants others to know about the dangers, as NT Consumer Affairs uncovers more than 20 similar sites.

Are you a business that wants to reopen on May 15? The Government has released the COVID-19 Safety Plan checklist you must complete before doing so.

While tough coronavirus restrictions have saved thousands of lives, Scott Morrison says the country is now in a position to start clawing back some of the $4 billion lost every week that restrictions continue. Here are the key takeaways from his press conference.

As the Government begins easing social-distancing restrictions, there are doubts once-bustling workplaces in Sydney's CBD will ever return to the way they were.

New data shows how hard the impact of the coronavirus has been on women's jobs as a leading economist worries about the long-term impact for women in the workforce.

Under siege from much cheaper rivals and with lenders unwilling to support it, pay TV operator Foxtel is increasingly looking like a threatened species.

US meatworks have been epicentres for coronavirus outbreaks and shutting them down has disrupted the supply chain. But Australia is set up differently.

Just weeks after Virgin Australia goes into voluntary administration, UK-based Virgin Atlantic is forced to lay off thousands of workers as the coronavirus pandemic takes a heavy toll.

Michael Gunner issues his "first and final warning" to petrol companies to take action as the ACCC puts in its two cents on the NT's comparatively high fuel prices.