At the core of AAP Newswire is our unbiased, 24/7 breaking newswire that feeds the latest news from Australia and the world. Supported by over 200 journalists, AAP Newswire provides the news that matters.

Santos narrows sales, output guidance

Santos has narrowed its full-year sales guidance to the top end of its previous target range after total sales volumes leapt 31 per cent in the September quarter, compared with the same period last year.

Shares close 11pts lower

The share market has fallen slightly due to weakness in the energy sector and a surprise profit warning from private hospitals operator Healthscope.

Nasser to resign as BHP chair

BHP Billiton chairman Jac Nasser has announced he will step down next year after more than 10 years on the board, on the same day the resources giant rejected charges by Brazilian prosecutors filed against the company and its employees in relation the Samarco dam disaster.

Shares open 1pt lower

Australian shares are relatively flat in early trade as a lack of cues from Wall Street and profit taking after recent gains weighs on the market.

Wall St dips as telecoms slump

US stocks ended a choppy session on Thursday with a slight decline as investors digested the latest round of earnings, with a sharp drop in telecoms offset by gains in healthcare.

$A falls on weak employment figures

The Australian dollar is markedly weaker against the US dollar in the wake of disappointing local employment numbers and as its US counterpart climbs on upbeat north American data.

International oil prices fall more than 2%

Oil prices have fallen more than two per cent, as a resurgent US dollar encouraged players to take profit on the previous day's rally that sent US crude to 15-month highs.

Gold falls on stronger $US, ECB rate hold

Gold has eased slightly after three days of gains as the US dollar rose and the European Central Bank left interest rates unchanged, maintaining the parameters of its 1.74 trillion euros ($A2.49 trillion) asset buying program.

Shares close 6pts higher

Gains in the resources sector have offset losses from retail, health and telco stocks to lead the share market modestly higher.

Big gap between rich and poor in WA: study

The gap between the rich and the poor in Western Australia has narrowed slightly since the end of the resources boom but the divide is still substantial, new research suggests.

Crown to sell stake in Australian hotels

Crown Resorts plans to offload a 49 per cent stake in some of its Australian hotels and retail properties in a stock market float even if it doesn't secure approval to spin-off its international assets.

Jobs market weak despite low jobless rate

September's national unemployment rate of 5.6 per cent was as low as it's been since February 2013, but that's about where the good news from the Australian Bureau of Statistics today ends.

Manganese production down at South32

Diversified miner South32 has reported a 4 per cent fall in manganese ore production in the first quarter of 2017, but says its on track to achieve its cost guidance for the majority of its production.

Rio Tinto trims shipment guidance

Rio Tinto has slightly trimmed the full-year guidance for iron ore shipments from its Pilbara operations by up to 5 million tonnes, after port and rail maintenance affected shipments in the September quarter.

Woodside lifts output

Woodside Petroleum has reported a sharp increase in September quarter sales revenue and production, helped by record volumes at its liquefied natural gas facilities.

Fortescue cashes in on strong quarter

Fortescue Metals Group has pushed down costs and debt further after reporting higher iron ore shipments in the September quarter.

Shares open 2pts lower

The Australian share market is trading steady, as gains in energy and resource companies were offset by falls in banking and healthcare stocks.

$A moves back above 77 US cents

The Australian dollar has made further gains against the US dollar, passing the 77-cent barrier.

Gold rises to 2-week high on rate concern

Gold has risen to a two-week high, gaining for the third straight session and breaching the 200-day moving average amid uncertainty over the timing of a US interest rate increase and ahead of the final US presidential debate.

Oil prices jump on US inventory drop

Oil prices jumped as much as three per cent on Wednesday, with US crude hitting 15-month highs after the government reported a surprisingly large drop in domestic inventories for the sixth week out of seven.

Shares close 24pts higher

The share market has closed higher in the wake of a positive lead from the US, improved commodity prices and an $11.3 billion merger of gambling giants Tabcorp and Tatts Group.

Cimic names new CEO, confirms guidance

Adolfo Valderas has taken over as the new chief executive of CIMIC Group, which is on track to deliver a full-year net profit of at least $520 million.

BHP sees signs of recovery in commodities

BHP Billiton has reaffirmed its full-year production guidance across all its segments, other than copper, as it sees early signs of a recovery in the commodities markets.

Shares open 17pts higher

The Australian share market has opened higher on strong leads from Wall Street and ongoing strength in oil prices.

Wall St climbs on earnings improvement

Wall Street has advanced to give the S&P 500 its best day of October on the heels of solid earnings reports from companies such as UnitedHealth and Netflix that put corporate profits on track to snap a four-quarter streak of declines.

$A consolidating gains after rally

The Australian dollar is flat as it consolidates gains after rallying to a two-week high overnight.

Precious metals lift

Gold prices have risen, supported by weakness in the US dollar index, although receding worries about the outcome of the US election and expectations of a US rate increase in December could mean lower levels.

International oil prices creep higher

Oil has settled higher as expectations of OPEC output curbs lifted prices despite forecasts that data would show a second straight weekly build in US crude stockpiles.

Tabcorp, Tatts revive merger speculation

Wagering giants Tabcorp and Tatts Group have revived the likelihood of a merger that would create a $9 billion gambling behemoth, less than a year after initially failing to reach a deal.

Local AFP officer suspended over drug charges

An Australian Federal Police officer based in Western Australia has been stood down from duty after being charged with drug offences.

Shares close 22pts higher

The Australian share market has closed higher as resource stocks, in particular BHP Billiton, extend gains on the back of better commodity prices.



Bob Day quits parliament as Collier Homes parent goes under

A key supporter of the federal government in the Senate, Family First's Bob Day, is quitting parliament because of financial problems with the housing group he founded, which trades as Collier Homes in Western Australia.

Ex-CEO jailed in WA for stealing $600,000

The former chief executive of a Western Australian shire, who stole almost $600,000 over four years and gambled it away, has been jailed for four-and-a-half years.

Bulldozers move in at Taj on the Swan

Perth's 'Taj Mahal on the Swan', the unfinished, derelict mansion owned by Pankaj and Rhadika Oswal, is finally being demolished. CLICK THROUGH TO SEE MORE PHOTOS.

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.

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Rio, BHP reject state govt ore fee proposal

Mining giants Rio Tinto and BHP Billiton say they have no intention of taking up the state government's offer to change how they pay the controversial iron ore lease rental that Nationals WA leader Brendon Grylls wants to hike.

Big gap between rich and poor in WA: study

The gap between the rich and the poor in Western Australia has narrowed slightly since the end of the resources boom but the divide is still substantial, new research suggests.

Mining tax ideas 'damage WA's reputation'

Two different proposals from the Western Australian government to change the way Rio Tinto and BHP Billiton pay an iron ore charge is already damaging the state's reputation as an investment destination, a business lobby group says.

Broadband ads lack clear information: ACCC

A lack of clear information in Australian broadband advertising is contributing toward unrealistic expectations of internet speed, the chairman of the consumer watchdog says.