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Shares close 56pts higher

Australian shares have ended the week in positive territory after a strong US market pushed local stocks to a fourth consecutive day of gains.

ASX defends handling of market outage

ASX boss Dominic Stevens has apologised for the "unacceptable" outage that stopped trading on the Australian stock market on Monday but defended its handling of the situation.

Shares open 6pts higher

The Australian share market has opened slightly higher, taking cues from steady gains on Wall Street a day after the US Federal Reserve's decision to hold interest rates.

Wall St extends Fed-fuelled rally

US stocks have climbed, with big tech names leading broad gains, building on strength from a day earlier that was fuelled by the Federal Reserve's decision to stand pat on interest rates.

Gold rises on Fed

Gold prices rose to a two-week high after the US Federal Reserve's decision to keep interest rates on hold sent the dollar to its lowest level since the start of last week.

$A dips, but set to test 77 US cent level

The Australian dollar has fallen against the greenback, but is set to test the 77 US cent level on the back of the US interest rate hold.

Shares close 34pts higher

The share market has posted a third straight day of gains as major central banks leave their interest settings unchanged to help stimulate economic growth.

WA still attractive despite downturn: Brickworks boss

Brickworks managing director Lindsay Partridge says Western Australia remains an attractive market despite setbacks during the year, when it undertook a major restructure of its Austral Bricks WA and Auswest Timber businesses.

RBA's Lowe defends inflation strategy

New Reserve Bank of Australia governor Philip Lowe has defended the central bank's monetary policy framework, telling a parliamentary committee "we are not 'inflation nutters'".

ANZ settles Oswal dispute

Indian business couple Pankaj and Radhika Oswal are "very satisfied" with a commercial settlement with the ANZ Banking Group believed to be worth hundreds of millions following their high profile legal dispute.

Shares open 46pts higher

The stock market has opened 46.3pts higher to 5,385.9.

Stocks climb, $US falls as rates held

US stocks have rallied and the US dollar index eased further after the US Federal Reserve left interest rates unchanged, keeping its low-rate environment intact for now.

$A rises after US Fed holds rates

The Australian dollar has bounced after the US dollar fell as the Federal Reserve downgraded its rate projections.

Shares close 36pts higher

The share market has closed higher, along with other Asian markets, after the Bank of Japan kept its benchmark interest rate at minus 0.1 per cent.

Pay packet down for Wesfarmers CEO

Wesfarmers chief executive Richard Goyder has taken a substantial pay cut with a halving in his short-term incentive payments after a year in which his Coles-owning conglomerate took a hefty hit to profits.

'Rush' caused roof leak at new hospital: union

The collapse of a ceiling section at Perth's Children's Hospital has been blamed by the construction union on builders John Holland doing a "rush job" on remediation work after asbestos was found in roof panels in July.

BHP's tax dispute grows, CEO pay slashed

BHP Billiton is locked in a $1 billion dispute with the Australian Taxation Office over the amount of taxes payable on the sale of Australian commodities to its Singapore marketing business, while its chief executive has seen his annual pay slashed in half follwoing the Samarco dam disaster.

Shares open 10pts higher

The Australian share market has opened higher.

International oil price edge higher

US oil (WTI) prices have edged up on hopes the planned restart of country's main petrol pipeline after a leak more than a week ago will boost demand, while Brent has slipped amid scepticism over a proposed deal to freeze production.

$A flat as Japan, US rate decisions loom

The Australian dollar is unchanged against the greenback as investors await interest rate decisions from the Federal Reserve and the Bank of Japan.

Gold steadies ahead of Fed rates decision

Gold has steadied as Federal Reserve policy makers begin a two-day meeting that investors bet will leave interest rates unchanged.

Shares close 8pts higher

The Australian share market has closed slightly higher as investors wait for crucial central bank interest rate decisions from Japan and the US.

TPG shares plunge on results, outlook

Shares in TPG Telecom, which purchased iiNet last year, have plunged almost 19 per cent with investors disappointed by its underlying results, dividend and outlook.

Shares open 3pts higher

The Australian share market has opened flat.

$A flat ahead of Japan, US rate decisions

The Australian dollar is unchanged as global investors wait for key central bank decisions on interest rates in Japan and the US.

International oil prices rally

Oil prices have rallied rallied before settling off their highs on scepticism over Venezuela's bid to talk up a potential OPEC output freeze and on indications US crude stockpiles have risen.

Precious metals lift on lower $US

Gold prices have risen as the US dollar has slipped but gains were capped by jitters ahead of a Federal Reserve monetary policy meeting and a rise in US government bond yields.

Tech troubles end share trading early

The Australian share market has lost ground during a day plagued by technical glitches that delayed the market open and eventually forced a premature end to equities trading.

Crown Resorts CEO's pay triples

Crown Resorts boss Rowen Craigie was paid $5.7 million last year, the casino group's latest annual report shows, up from $5.2 million in 2014-15.

Glitch puts stock exchange on hold

The start of trading on the Australian stock exchange has been delayed by a technical problem.

$A falls after strong US inflation data

The Australian dollar has lost ground against the US dollar, which rose sharply on the back of strong US inflation data.



Accountant jailed for stealing money

An accountant who stole more than $2.1 million from his employers and gambled it all away has been jailed in Western Australia for six years.

Embattled McAleese in administration

Embattled mining services business McAleese Group has gone into voluntary administration after failing to secure a lifeline from Hong Kong-based debt trader SC Lowy.

Perth rental market rebounds as prices dip

Leasing across Perth's rental market increased by 17 per cent in August, according to new data from the Real Estate Institute of Western Australia.

Builder not blamed for hospital asbestos

The builder of the $1.2 billion Perth Children's Hospital has not been blamed for asbestos found in ceiling panels but should have done more to protect the health of workers, an inquiry has found.

most commented

Pay packet down for Wesfarmers CEO

Wesfarmers chief executive Richard Goyder has taken a substantial pay cut with a halving in his short-term incentive payments after a year in which his Coles-owning conglomerate took a hefty hit to profits.

Confidence and unemployment flat in August

Consumer confidence has experienced a relatively stable six months, while economists expect the unemployment rate to have remained steady at 5.7 per cent in August.

WA potato industry deregulated

Western Australia's potato industry no longer faces heavy regulation after the state government passed legislation to remove 70-year-old restrictions.

Woodside buys into BHP's Scarborough for $US400m

Energy giant Woodside Petroleum has entered into an agreement to buy half of BHP Billiton's stake in the Scarborough offshore gas fields in the Carnarvon Basin for up to $US400 million ($A528 million).