The share market has closed at a nine-month high in a third straight day of gains, boosted by a stronger financial sector.
Telstra customers have rebuffed an offer of a free data day in compensation for yet another network outage, preferring instead for a discount on their phone bill.
Australia's major banks face soft profit growth amid growing macroeconomic risks linked to low interest rates and government tax policy, according to Fitch.
The Australian share market has opened higher, led by CSL, Macquarie Group, Wesfarmers and financial stocks.
Oil prices have eased after topping $US50 a barrel for the first time in about seven months, while US stocks ended near flat after two days of strong gains.
Wall Street has trodden water following two days of strong gains as advancing defensive sectors offset declines in materials, banks and other cyclical industries.
The Australian dollar is strengthening on pessimism about a US rate hike in June.
Shoppers will no longer be slugged with excessive surcharges on credit card payments under new rules, but could face other fees as banks look to make up for lost revenue.
The share market has been boosted by mining and energy stocks, but investors are still looking for something to provide more significant drive.
Gina Rinehart has lost her position as Australia's richest person due to plunging iron ore prices and a bitter court battle with her two eldest children.
Parents won't be getting a schoolkids bonus after July, no matter who wins the federal election.
The Australian share market has opened higher.
Wall Street has risen robustly for a second straight session, helped by higher oil prices and investors becoming more comfortable with the prospect of an interest rate hike as early as next month.
Gold has fallen to a seven-week low after upbeat US home sales data in the previous session boosted expectations that the Federal Reserve will press ahead with interest rate rises in the near term.
Oil prices have climbed to just shy of $US50 ($A69.62) a barrel after a sharper-than-expected fall in crude inventories, lifting energy shares and world stock markets.
One of the state's largest egg producers has been found to have misled the public that its eggs were free range.
Perth property developer Nigel Satterley insists Mike Nahan was seeking to oust Colin Barnett until "sensible people brought it into the open".
Woolworths has declined to comment on a media report that it is a takeover target for private equity giant Kohlberg Kravis Roberts.
Embattled Perth Lord Mayor Lisa Scaffidi says she doesn't fear a possible leadership challenge.
Bill Shorten is trying to woo Perth commuters with a $1 billion pledge for the Metronet urban rail project, which WA Labor says will cost $2.5 billion but the WA Liberals have labelled as pork-barrelling.
Gold has edged lower for the third straight session and notched its biggest weekly slide in nearly two months on growing expectations for an increase in US interest rates as soon as next month.
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