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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.

Slater & Gordon shares dive on loss

Slater & Gordon shares dropped nearly 18 per cent after the embattled law firm announced a $1.02 billion full-year loss and the continued underperformance of its troubled UK business.

Shares open 21pts higher

The Australian share market has opened higher.

High yield, lack of RBA dovishness lift $A

The Australian dollar has risen as investors hunt for yield and amid a general lack of dovish comments from the Reserve Bank.

Gold lifts slightly off near-5-week low

Gold has rebounded from a near-five-week low as the US dollar dropped, shrugging off earlier pressure by top Federal Reserve officials' comments fuelling speculation that US interest rates would rise sooner rather than later.

Shares close 46pts lower

The share market has fallen as growing expectations of a US rate hike later this year rattle investors.

Packer sells down Crown stake, pockets $450m

Billionaire James Packer has reduced his majority stake in casinos and hotels operator Crown Resorts, reaping around $448 million.

Court asked to appoint Masters liquidator

US retailer Lowe's has begun Federal Court action against Woolworths over the failed Masters hardware chain.

Barnett bans Nalder from cabinet meeting

Premier Colin Barnett has reportedly told Agriculture and Transport Minister Dean Nalder not to attend a regional cabinet meeting because his presence would be a distraction.

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.

Shares open 18pts lower

The Australian share market has opened lower.

Gold lifts despite paring gains

Gold has pared gains, while the US dollar has turned up and US stocks have fallen, as investors struggle to decipher the timing of a US interest rate increase following comments by Federal Reserve Chair Janet Yellen and other officials.

$A falls as Fed rate talk lifts US dollar

The Australian dollar has lost ground against the greenback after the US central bank left the door open for an interest rate hike as early as September.

Oil's little changed despite attack report

Oil prices are largely unchanged following a volatile session, as traders reacted to comments from Fed Chair Janet Yellen and reports of missile activity in Saudi Arabia.

Shares close 26pts lower

The share market has lost ground as investors moved cautiously ahead of a speech by US Federal Reserve chair Janet Yellen which could provide clues on the timing of a US interest rate hike.

Aust Post delivers profit, loses in mail

Australia Post has returned to profit despite a record decline in letter volumes.

Shares open 23pts lower

The Australian share market has opened lower.

International oil prices lift

Oil prices have risen one per cent on US-Iran military tensions in the Gulf and speculation the US dollar will fall on a monetary policy speech due from the US Federal Reserve chair.

$A is steady ahead of key US Fed speech

The Australian dollar is slightly lower against the greenback as traders wait for US Federal Reserve chair Janet Yellen to speak at a global central bankers meeting.

Gold falls to a four-week low

Gold has hit four-week lows, under pressure from upbeat US data in the run-up to a speech by Federal Reserve Chair Janet Yellen this week that will be watched for clues on monetary policy.

Shares close 19pts lower

Resource heavyweights, including Rio Tinto and BHP Billiton, weighed on the Australian share market on Thursday amid another wave of mixed company earnings results.

One Nation's Culleton cops $205k bill

A judgement ordering One Nation senator-elect Rod Culleton and his wife to pay former Wesfarmers director Dick Lester more than $200,000 in damages has been upheld.

Nine turns from US shows to lift ratings

Nine Entertainment has negotiated its way out of a costly contract to broadcast US TV shows and is refocusing on local content in response to disappointing ratings.

Barnett accuses Poynton of interference

Businessman John Poynton has denied interfering in Premier Colin Barnett's leadership of the state government amid an outcry about a poll commissioned by powerful businessmen showing the Liberal Party on track to lose the March election.

Woolworths falls to $1.23bn loss

Woolworths has slipped to a $1.23 billion full-year loss after a big decline in earnings from its Australian food and drink business and more than $2.6 billion of write-downs.

South32 slumps to $2.1bn loss

Diversified miner South32 has slumped to a net loss of $US1.62 billion ($A2.13 billion) in its first full year as a listed company, after taking heavy write-downs in its manganese, coal and alumina operations to reflect the downfall in commodities prices.

Shares open 17pts lower

The Australian share market has opened lower.

Gold falls one per cent

Gold has dipped one per cent to a four-week low as the US dollar has strengthened and markets look ahead to a speech by Federal Reserve Chair Janet Yellen that will be closely watched for further clues on US interest rate policy.

$A firms up ahead of Yellen speech

The Australian dollar is trading higher against the US greenback as the market considers the prospects of a US interest rate rise ahead of a highly anticipated speech by US Federal Reserve chair Janet Yellen.

Shares close 7pts higher

The share market has edged higher as gains by the banks and resources giants offset falls by Wesfarmers and Telstra amid a raft of earnings reports.

Evolution in $880m Glencore deal

Evolution Mining will pay Glencore $880 million in a deal to take an interest in the Ernest Henry copper and gold mine in Queensland.

Record residential vacancies in Perth

Perth's residential rental vacancy rate has reached a record high of 5.2 per cent with 10,738 homes currently untenanted, according to property group SQM Research.

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Woolies in $1.5bn Masters exit deal

Woolworths has announced its exit from the home improvement sector, with all of its Masters stores to close in early December and the properties to be redeveloped by a private consortium, while its Home Timber & Hardware business is to be sold to Metcash.

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.

Barnett accuses Poynton of interference

Businessman John Poynton has denied interfering in Premier Colin Barnett's leadership of the state government amid an outcry about a poll commissioned by powerful businessmen showing the Liberal Party on track to lose the March election.

Record residential vacancies in Perth

Perth's residential rental vacancy rate has reached a record high of 5.2 per cent with 10,738 homes currently untenanted, according to property group SQM Research.

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Fortescue ups dividend as profit jumps

Fortescue Metals Group has hoisted its final dividend to a record high after a partial rebound in iron prices and lower costs helped the Pilbara miner more than treble full-year profit.

WA jobless rate rises to 6.3%

Western Australia's unemployment rate jumped from 5.7 per cent to 6.3 per cent in July, according to new data.