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.

WA gold industry holds anti-tax rally

A thousand gold industry members gathered at a rally in Kalgoorlie today to protest the McGowan government’s proposed gold royalty increase.

Gordon loses Ten case

Bruce Gordon has failed in his attempt to derail CBS's takeover of Ten Network after the NSW Supreme Court ruled the embattled broadcaster's administrator gave creditors sufficient information about his rival bid.

Rio Tinto CFO to retire

Rio Tinto chief financial officer Chris Lynch will retire next year after more than four years in the role.

Shares open 24pts higher

The Australian market has opened higher after key US markets hit fresh record highs amid easing concerns around North Korea.

$A creeps up, back to the 80 US cents mark

The Australian dollar has inched higher to creep just above 80 US cents.

Oil holds near five-month high

Brent oil prices have held near five-month highs and were on track for the biggest weekly gain since late July, on forecasts for rising demand and the gradual restart of US oil refineries.

Gold falls on ECB, Fed tightening prospect

Gold prices have fallen after a European Central Bank (ECB) official calls for scaling back the bank's stimulus program, although losses were capped when weaker-than-expected US economic data raised questions about further interest rate hikes.

Shares down 43.7pts

The Australian share market has closed lower for a third consecutive session as North Korea's latest missile launch over Japan spooked investors.

Qantas boss Joyce snares $24.6m payday

Qantas chief executive Alan Joyce's annual pay has soared to nearly $25 million, catapulting him into the ranks of the best-paid bosses in Australian corporate history, after he successfully steered the carrier's turnaround with two consecutive years of profit.

North Korea missile weighs on local market

The Australian share market has opened lower with investors nervous after North Korea fired a missile over Japan for the second time in a month, re-igniting geopolitical tensions.

$A slips slightly against $US

The Australian dollar is slightly lower against its US counterpart which enjoyed a brief boost from US CPI data before turning back lower.

Oil at 5-mth high on weak $US, glut hopes

Oil prices have risen, with Brent closing at a five-month high, as the US dollar weakened and after a string of reports forecasting the market would tighten further as fuel demand increased.

Gold up off 2-wk low as $US extends losses

Gold has rebounded from a two-week low as North Korea threatened the United States and Japan, and the dollar softened despite strong US consumer inflation data, which could allow further interest rate increases from the Federal Reserve.

Shares down 5.6pts

The Australian share market has finished slightly lower for a second day running as mining stocks dipped but better-than-expected jobs growth helped lift the Australian dollar back around US80 cents territory after an overnight dip.

Perth stores safe, for now, as Myer cuts back

Myer's six Perth stores appear to have escaped the chop, with the retailer instead closing an additional three interstate stores as it struggles to turn around sluggish sales amid weak consumer spending and growing industry competition.

Vocus may face shareholder class action

Shares in Vocus Goup have held steady despite a proposed class action alleging the telecommunications provider engaged in "misleading and deceptive conduct" and breached disclosure obligations.

Aust shares open a little lower

The Australian market has opened slightly lower, ignoring the positive lead of Wall Street and most major international bourses.

Oil up as IEA forecast trumps US build

Crude oil prices have risen after the International Energy Agency (IEA) said a global surplus of crude was starting to shrink, even though US data showed another big increase in domestic inventories due to Hurricane Harvey.

Gold falls to 1-1/2-week low as $US rises

Gold prices have fallen to a one-and-a-half-week low, erasing earlier gains as the US dollar index jumped, though a retreat in global stocks after Tuesday's record high prevented deeper losses.

Share market down 2.1 points

The share market surrendered its early gains to close relatively steady as investors practised caution ahead of US inflation data and Australian jobs figures out later in the week.

McGowan wants Labor leaks to stop

Premier Mark McGowan says he is disappointed internal documents have been leaked to the opposition following the state budget last week.

Turnbull to stare down energy revolt on backbench

Malcolm Turnbull is staring down coalition backbenchers concerned that a proposed clean energy target could push up power prices and undermine coal-fired power.

Household budgets squeezed, sentiment low

Soaring power bills and other hits on the household budget mean consumers remain downbeat despite a better jobs outlook, an economist says.

Australian shares open higher

The Australian market has opened higher follow a solid lead from Wall Street and European stock markets.

$A is slightly lower against $US

The Australian dollar is slightly lower as the US dollar rallies driven by a rise in US Treasury yields.

Oil prices higher as output declines

Oil prices rose on Tuesday after OPEC forecast higher demand in 2018 and Russia and Venezuela confirmed their commitment to a production-cutting deal to reduce the global crude glut.

Gold prices rise as greenback falls

Gold bounced up from the lowest level in more than a week on Tuesday as the US dollar pared gains and US President Donald Trump said UN sanctions on North Korea are "nothing compared to what ultimately will have to happen."

Shares up 33.3 pts

The share market has closed higher for a second consecutive session, due to strong gains by the banks and miners.

WA Nationals to oppose payroll hikes

The Nationals WA say they will block measures targeting big business that were unveiled last week as part of the state government's budget repair plan.

Aust shares firm early after Wall St gains

Australian shares have got off to a good start as investors look to build on a solid lead from Wall Street overnight.

Evolution confirms offers for WA gold mine

Gold miner Evolution has confirmed the receipt of several offers for its Edna May gold mine in Western Australia, and is determining whether a sale will be in the best interest of shareholders.



Scaffidi disqualified for 18 months

Perth lord mayor Lisa Scaffidi has been disqualified from holding any office for 18 months after failing to disclose gifts and travel, but her lawyer will seek to halt the penalty pending an appeal.

Forrest calls on ARU chairman to quit

Andrew Forrest has called on Cameron Clyne to resign, claiming the ARU chairman misrepresented the reasons he chose to axe the Western Force.

Qantas to reroute, upgrade flights

Qantas is changing one of its most popular routes and upgrading the aircraft on another key service as part of a five-year extended partnership with Emirates.

WA company fined $65,000 over mine hazard

A company has been fined $65,000 after a mine worker in the Goldfields region narrowly escaped with his life during a site accident.

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Forrest calls on ARU chairman to quit

Andrew Forrest has called on Cameron Clyne to resign, claiming the ARU chairman misrepresented the reasons he chose to axe the Western Force.

Company fined $70k for skylight fall injury

A roofing company has been fined $70,000 after a labourer was seriously injured when he fell five metres through a skylight in Bicton.

Qantas to reroute, upgrade flights

Qantas is changing one of its most popular routes and upgrading the aircraft on another key service as part of a five-year extended partnership with Emirates.

Crowdfunding sought for WA GST legal fight

A Western Australian Liberals-led High Court challenge over the state's GST share will be partly financed by crowdfunding.