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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.

Rally sends market well above 6,000 points

The share market has closed higher for a third straight session as a lift in iron ore prices boosted miners and most of the big banks gained ground.

Optus acknowledges NBN speed issues

Optus is offering to compensate customers that have not received the National Broadband Network speeds they were promised.

Santos puts focus back on NSW gas

Energy firm Santos will once again back the controversial Narrabri coal seam gas project in NSW as it seeks to boost production as part of its turnaround plan.

Citibank repays $4.3m to cardholders

Citibank will refund customers more than $4.3 million after failing to give back outstanding credit card balances, and providing misleading statements about unauthorised transactions. 

Aust shares stay positive in early trade

The Australian share market is higher in early trade, as investors hold on to the positive momentum from the past few sessions.

Risk sentiment pushes $A up against $US

The Australian dollar is higher against its US counterpart as risk sentiment remains positive with no major news to give direction.

Possible US tax cut plan delay lifts gold

Gold has risen and is hovering near a three-week high as the US dollar retreated on expectations of possible delays in long-awaited US tax reforms, while palladium hit its highest since 2001.

Oil steady on Mid-East tensions, US output

Oil prices are little changed as rising political tensions in the Middle East offset US government data showing an increase in domestic crude production and a surprise build in stockpiles.

Market steady at 10-year high

The share market remains at its highest level in almost a decade after a steady session during which Commonwealth Bank shone and iron ore miners lost ground but proved resilient to a fall in China'

Ardent boss Kelly quits after five months

Ardent Leisure chief executive Simon Kelly will step down after only six months in the job in the latest of many changes to the embattled theme park-leisure centre operator's leadership group and b

Aust shares dip early but hold above 6,000

The Australian market has opened lower, with most sectors in the red following a flat US lead, but local shares remain above the psychologically important 6,000 point mark.

$A falls against $US

The Australian dollar is lower after the US dollar made gains overnight and the Reserve Bank of Australia kept its interest rate unchanged after its board meeting on Tuesday.

Oil falls amid Saudi tensions

Oil prices have settled lower after rising to the highest since July 2015 the previous day, while tension flared between Saudi Arabia and Iran, and the Saudi crown prince tightened his grip on power.

Gold dips as US dollar strengthens

Gold prices fell 0.5 per cent on Tuesday, retreating a bit from the previous day's rally as a stronger US dollar reduced the appeal of safe-haven investments, and oil prices also dipped.

RBA bets safe, leaves rates on hold

The central bank has left interest rates unchanged for a 15th consecutive month, amid expectations inflation will stay low for some time.

ASX charges into lunchtime at 6,000

The Australian share market is trading solidly higher at lunchtime, with upbeat overnight sentiment lifting the local markets to near 10-year highs and the S&P/ASX200 to twice breach the key 6,

$A is higher against $US

The Australian dollar is higher against its US counterpart amid escalating tension in the Middle East and as oil prices lift three per cent to a two-year high.

Oil surges 3% to two-year high on Saudi purge

Oil prices have risen more than 3 per cent, hitting the highest since early July 2015, as Saudi Arabia's crown prince cemented his power over the weekend with an anti-corruption crackdown, while the US rig count fell and markets continue to tighten.

Gold up more than 1% on geopolitical risks

Gold has risen more than one per cent, extending gains as geopolitical risks drove investors to safe-haven assets after the metal's third-straight weekly decline.

Big banks keep market under at the close

The Australian share market has finished the session in negative territory, with declines in the big banks and the materials sector offsetting a day of strong gains for local oil stocks.

Orica's Burrup plant nearing completion

Mining explosives and chemicals manufacturer Orica made the final investment for its ammonium nitrate plant in the Pilbara in September, with final state government approvals expected by the end of

Westpac lifts FY profit 3% to $8.1bn

Westpac has lifted its full-year profit 3 per cent to $8.062 billion, boosted by 6 per cent growth in Australian mortgages.

Australia shares start the week flat

The Australian share market has started the week flat despite positive leads from commodity and international share markets. 

$A is lower against $US

The Australian dollar is has resumed its slide against its US counterpart which, after briefly dipping on US jobs data, has continued to strengthen.

WTI touches 2yr high after rig count drops

Oil prices have risen, with US crude touching a two-year high, strengthening after US rig data suggested drilling in the United States would throttle back.

Gold hits week low after US economic data

Gold has fallen to a one-week low as consensus-beating US economic data pushed the US dollar higher, outweighing the impact of a lacklustre jobs report.

Market closes up 28.2 pts, the best close since 2015

The Australian share market has closed at its highest level since April, 2015, with broad gains led by mining, energy and industrial stocks.

Market opens 20.9 pts up

The Australian market has opened slightly higher after a mainly positive lead from US markets, with gains from most of the big mining and energy stocks outweighing a mixed performance among the major banks.

$A is higher against weakened $US

The Australian dollar is slightly higher against its US counterpart after the greenback fell following the release of President Donald Trump's tax reform proposal.

Oil edges up to near 2-year highs

Oil prices have edged up, steadying near two-year highs, with the outlook remaining upbeat as OPEC-led supply cuts have tightened the market and drained inventories.

Gold falls on Republicans' tax cuts plan

Gold prices have pared gains after touching a two-week high, after Republicans in the US House of Representatives unveil legislation to overhaul the US tax system.

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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.

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.

Seven West to cut jobs to save $25m

Seven West Media plans to make $25 million of job cuts in response to falling ad revenues and a highly competitive TV market.

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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.