Search

AAP

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.

Share market creeps higher while $A dives

The share market has edged higher due to modest gains in most sectors, while the Reserve Bank's concerns about slow wages growth have driven the Australian dollar to a five-month low.

BHP gets more time for Samarco claims deal

A Brazilian court has granted an additional 150 days for BHP Billiton, Vale and their joint venture, Samarco, to negotiate a settlement of multi-billion dollar public civil claims over the 2015 mine dam collapse in that country.

APRA warns on growth in big mortgages

The banking regulator is still concerned about the size of the mortgages being taken on by consumers despite the effectiveness of its efforts to curtail housing market risks.

Competition clamping wages growth: RBA

The Reserve Bank remains doubtful about the timing of a return to meaningful growth in wages and a boost to stagnant inflation.

Wall St gains push Aust shares higher

Australian shares have reversed Monday's losses and opened stronger following positive finishes in the US overnight.

$A is again down against a stronger $US

The Australian dollar is lower against a slightly strengthened US dollar as some risk sentiment unexplainably returns to the markets.

Oil eases amid edginess ahead of OPEC

Oil prices have fallen, extending recent weakness ahead of next week's OPEC meeting, while a rally in the US dollar hurt commodities across the board.

Gold falls on pressure from stronger $US

Gold has fallen more than one per cent, giving up the prior session's gains on pressure from the rising dollar, expectations for US interest rate hikes and as the market entered a holiday week.

Aust shares down after weak offshore lead

The Australian share market has closed lower despite recovering much of the ground lost in early trade due to a negative lead from overseas markets

Aust shares slide in early trade

The Australian share market has come under pressure in early trade as investors take cues from a weak close on Wall Street on Friday and a lack of local drivers.

$A is steady against $US

The Australian dollar has hit a five-month low against its US counterpart before recovering to be little changed.

Oil up 2% on pipe shutdown, OPEC optimism

Oil has rebounded more than two per cent after falling for five straight session as a major US crude pipeline was shut and traders anticipated an OPEC deal to extend curbs on production.

Gold at month top on weak US, tax concern

Gold has jumped to a one-month high as the dollar softened on uncertainty about the progress of a proposed overhaul of the US tax code that would be the biggest since the 1980s.

Tabcorp-Tatts merger back on track for now

The $11 billion merger of gaming giants Tabcorp and Tatts Group is back on track for now, after the Australian Competition Tribunal gave the deal a green light for a second time.

Aust shares gain ground, helped by Wall St

The Australian share market has closed higher with gains for consumer, banking and IT stocks continuing a positive lead-in from Wall Street on Friday.

US tax cut optimism drives Aust shares

Better-than-expected US company earnings and optimism that President Donald Trump's tax cuts will proceed has helped drive Australian shares higher.

$A slips against $US

The Australian dollar is a little lower against its US counterpart as risk appetite turns a little more positive thanks to solid earnings and revived optimism over US President Donald Trump's promised tax cuts.

Oil extends fall on US oversupply worries

Oil prices have again ended lower on increased concerns about growth in US production and inventories, despite expectations that major world producers will extend a supply-cut deal later in November.

Gold dips as market digests US tax vote

Gold prices are slightly lower, trading in a tight range as the US House of Representatives pass its version of sweeping tax cuts and investors weighed possible changes in fiscal policy against the impact of an expected rise in US interest rates.

Share market rises on energy stocks

The share market has closed higher as takeover speculation fueled a big gain for gas giant Santos and other sectors recovered from early weakness.

Takeover talk sends Santos shares soaring

Shares in energy giant Santos have soared to a 15-month high after the company confirmed it recently rejected a takeover offer from a major US investor worth almost $9.5 billion.

Aust shares follow negative Wall St lead

The share market is following a negative lead from overseas markets, weighed down by weakness among miners and banks.

$A is steady against $US

The Australian dollar is hardly changed against a little changed US dollar.

Oil falls for 4th day, US stockpile rises

Oil prices have fallen for a fourth session after the US government reported an unexpected increase in crude and petrol stockpiles, but an increase in refining runs and a drawdown in distillates he

Gold drops slightly in choppy trade

Gold prices have dropped in see-saw trade, first rising to the highest since October 20, then sliding and hovering near session lows, as the US dollar pared losses.

Companies cheer marriage equality vote

Australian businesses have cheered the nation's majority 'yes' decision in support of same-sex marriage and are urging federal parliament to legislate quickly.

Energy, miners drag ASX lower

The Australian share market has closed lower after sharp falls in oil and base metal prices weighed on energy and mining companies.

Resources stocks weigh on Aust sharemarket

The materials and energy sectors are under pressure in early trade as the Australian share market continues to reverse its climb past 6,000 points.

Oil prices fall for third straight day

Oil prices have fallen for a third day in a row as forecasts for rising US crude output and a gloomier outlook for global demand growth in a report from the International Energy Agency (IEA).

Gold edges up from one-week low

Gold rose slightly on Tuesday, as a weakening US dollar and sluggish stock market helped pull the precious metal off a one-week low hit in early trade, while traders also said uncertainty over the fate of a US tax cut prompted some safe-haven buying of gold.

$A little changed against $US

The Australian dollar is steady against the US dollar after an up and down night of trade that saw the currency peak near 76.50 US cents.

Pages

Most-read

Forrest details plan for rugby comp

Andrew Forrest has detailed how he plans to build "the most popular rugby competition in the world", with the mining billionaire hoping to obtain approval from both World Rugby and the Australian Rugby Union in the next three weeks.

Scaffidi claims 'campaign' against her

Embattled Perth Lord Mayor Lisa Scaffidi has accused the WA Labor party of running a four-year campaign against her with the backing of two of her strongest critics on council.

Green named Perth's acting lord mayor

Perth's new acting lord mayor, Jemma Green, has vowed to return stability to council following Lisa Scaffidi's agreement to step aside from the top job while she appeals an 18-month disqualification.

WA reviews pharmacy ownership laws

The threat of corporate discount pharmacies on small, family-run businesses has triggered a review of pharmacy ownership laws in Western Australia.

most commented

Green named Perth's acting lord mayor

Perth's new acting lord mayor, Jemma Green, has vowed to return stability to council following Lisa Scaffidi's agreement to step aside from the top job while she appeals an 18-month disqualification.

WA reviews pharmacy ownership laws

The threat of corporate discount pharmacies on small, family-run businesses has triggered a review of pharmacy ownership laws in Western Australia.

Scaffidi claims 'campaign' against her

Embattled Perth Lord Mayor Lisa Scaffidi has accused the WA Labor party of running a four-year campaign against her with the backing of two of her strongest critics on council.