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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.

ASX rallies with gains across the board

Australian shares have hit a two-week high after an upbeat lead from Wall Street, with gains across the board.

Suncorp first half profit falls 7.2%

Suncorp's net profit from continuing operations fell 7.2 per cent to $348 million during the first half, weighed down by a surge of bushfire and hailstorm claims.

Australian stocks rise on US lead

Australian shares have surged across the board on positive local news and an upbeat lead from Wall Street.

Oil drops on weak China demand

Oil prices fell overnight to their lowest level since December 2018 on weaker Chinese demand in the wake of the coronavirus outbreak and as traders waited to see if Russia would join other producers in seeking further output cuts.

Gold climbs to 1-week peak on virus fears

The price of gold rose to its highest level in a week on Monday as the death toll from the coronavirus outbreak climbed and investors sought safe haven from the economic impact.

Aust stocks slip as coronavirus toll rises

The Australian share market has closed lower after global concerns about the coronavirus outbreak caused falls in most sectors.

Accounts scandal hits Boral, CEO to leave

Boral boss Mike Kane has announced he is standing down after the company confirmed staff at its North American windows business had inflated earnings figures over a 20-month period.

JB Hi-Fi lifts payout on Christmas cheer

JB Hi-Fi's Christmas has proven music to investors' ears, with strong summer sales and online growth helping the electronics retailer shake sector-wide softness and post a record first-half profit.

Aust stocks lower amid virus concerns

Australian shares were below the 7,000 points level at noon as continuing global concerns about the coronavirus outbreak caused falls in most sectors.

Oil falls 1% as Russia mulls OPEC+ cuts

Oil prices fell 1 per cent on Friday as Russia said it needed more time before committing to output cuts sought by other large producers while the coronavirus outbreak fanned worries about global crude demand.

Gold gains as virus fears outweigh US data

Gold prices have risen as fears of an economic slowdown from the coronavirus outbreak and lower interest rates globally offset strong US economic data.

Aust shares retreat after days of gains

The Australian share market has snapped its three-day winning streak, with broad losses across most sectors despite Wall Street setting new record highs overnight.

Regional Australia hosts 4.5m Airbnb guests in 2019

Airbnb says 4.5 million people booked rooms on its online lodging platform in regional Australia last year, with 260,000 guests visiting regional Western Australia, confirming the widespread uptake of its accommodation services.

Mid West native title deal signed

The Yamatji Indigenous community has celebrated a landmark economic package and native title recognition for more than 100,000 hectares of land in Western Australia’s Mid West.

Lynas threatens opponents with lawsuit

Rare earths miner Lynas Corporation has threatened defamation action against opponents aiming to prevent it from operating in Malaysia following attacks in the local media.

GDP outlook unchanged, wages to stay flat

The Reserve Bank has kept its word and left its growth forecast unchanged through to the end of the year, while continuing to insist the GDP hit from bushfires, drought and coronavirus outbreak will be short-lived.

Aust shares retreat after days of gains

Heavyweight mining and energy stocks have dragged the Australian share market down at noon after three straight days of gains.

Oil prices flat as virus hits demand

Oil futures gave up early gains overnight as OPEC and its partner Russia gave mixed signals about possible further output cuts to mitigate the impact of the coronavirus outbreak that has amplified concerns about weak global oil demand.

Gold up on bets for low central bank rates

Gold rose overnight as expectations of central banks keeping interest rates low and uncertainties around the economic impact of the coronavirus epidemic fueled appetite for the safe-haven metal.

ASX rallies to best day in four weeks

The local bourse has enjoyed its best single day in nearly a month, climbing back over 7,000 following a strong lead from Wall Street.

Fires, Black Friday sap December retail

National retail spending fell by a worse-than-expected 0.5 per cent in a fire-affected December, however, retail giant Coles recorded a surprisingly strong Christmas period.

Adani fined $20k over land clearing report

Indian miner Adani has been fined $20,000 for giving the Queensland government false or misleading information about land clearing.

Pitt, Chester receive cabinet promotions

Nationals MPs Keith Pitt and Darren Chester have been elevated to federal cabinet in a ministerial reshuffle.

Mirvac lifts H1 operating profit 21%

Property group Mirvac has lifted its interim dividend following a 21 per cent gain in first-half operating profit to $352 million, though the firm's net result slipped. 

Energy shares, banks power ASX rise

The big banks and oil-boosted energy stocks have powered the Australian stock market higher in a solid morning's trade.

Oil prices jump 2% on virus vaccine hope

Oil prices have jumped about two per cent on media reports that scientists were developing a vaccine for the fast-spreading coronavirus, even as world health experts said treatments have not yet been found.

Gold rebounds on bargain hunting

Gold rose on Wednesday on bargain hunting, reversing course from a two-week low touched earlier, as investors latched on to the metal's overall uptrend on the back of a low interest rate environment globally and lingering uncertainties.

Australian shares shrug off virus concerns

Australian stocks have finished higher for a second day but could not sustain a move above 7,000 as the death toll from the coronavirus outbreak in China neared 500.

CIMIC bounces back on new leadership

Shares in CIMIC Group are up 8 per cent, a day after the international contractor named a new chief executive and announced a $1 billion full-year loss related to its decision to exit the Middle East.

Perenti considers Downer mining arm buy

Mining services provider Perenti Global says it is considering buying Downer EDI's mining servicing business, but dismissed a report of a $700 million offer.

Computershare flags $143m US acquisition

Investor services group Computershare will buy registered agent provider Corporate Creations for $142.9 million in a move to improve its reach in the US.

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Woodside defers Browse LNG decision

Woodside Petroleum has deferred a final investment decision on the giant Browse gas project as it deals with the complexity of the planned development and unresolved commercial differences with its partners.

Fortescue posts near four-fold profit rise

Fortescue Metals Group has reported a near four-fold jump in first-half profit as it cashed in on higher iron ore prices, while analysts said a lower than expected dividend reflected caution on the global economy.

Accounts scandal hits Boral, CEO to leave

Boral boss Mike Kane has announced he is standing down after the company confirmed staff at its North American windows business had inflated earnings figures over a 20-month period.

Holden demise 'huge blow' for dealerships

Car dealers are reeling from the "huge blow" of General Motors retiring the Holden brand in Australia, as the peak dealership group calls for regulations to protect businesses.

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Holden demise 'huge blow' for dealerships

Car dealers are reeling from the "huge blow" of General Motors retiring the Holden brand in Australia, as the peak dealership group calls for regulations to protect businesses.

Mid West native title deal signed

The Yamatji Indigenous community has celebrated a landmark economic package and native title recognition for more than 100,000 hectares of land in Western Australia’s Mid West.