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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.

Oil up as refineries restart, Irma wanes

Oil prices have risen as key US refineries began restarts following Hurricane Harvey, which may help revive crude oil processing, while fuel prices fell as Hurricane Irma is likely to clip demand for petrol and diesel.

$US rebound pushes gold down off 1yr high

Gold prices have fallen more than one per cent from the previous session's 13-month high as relief that North Korea did not conduct a missile test over the weekend helped to lift global stocks, the US dollar and bond yields.

Shares close 40pts higher

The Australian share market has closed higher as investors took some comfort from North Korea refraining from any more provocative missile launches over the weekend.

Tabcorp expects Tatts merger in November

Tabcorp expects to complete its $11 billion mega merger with gaming rival Tatts on November 1.

Shares open 30pts higher

The Australian share market is higher in early trading as heavy falls from the mining giants are offset by strong gains by the heavyweight banks and healthcare sectors.

$A eases back against a weakened $US

The Australian dollar is almost half a cent lower against its US counterpart, falling back from its 81 US cents of Friday, despite the greenback itself weakening.

US oil slides 3% as Irma threatens demand

 US crude prices have tumbled down more than three per cent on worries that energy demand would be hit hard as Hurricane Irma, one of the most powerful storms in a century, headed toward Florida an

Gold steady as rate rise expectations ebb

Gold has held near its highest in more than a year as the US dollar dropped and weak economic data lowered expectations of a December interest rate rise in the United States.

Shares close 17pts lower

The Australian share market has ended the day down, while the Aussie dollar gained sharply on strong housing data and a weaker greenback

Wyatt rejects gold miner threats

Treasurer Ben Wyatt has signalled he won't be bullied by the gold mining industry, which is opposing royalty rate hikes that were unveiled in the state budget.

APRA panel appointed for CBA probe

Australia's financial sector regulator has appointed three panel members to inquire into the Commonwealth Bank of Australia's governance, culture and accountability.

Share open 2pts higher

The Australian market has opened hardly changed, but in the green

$A lifts well above 80 US cents

The Australian dollar is sharply higher against its US counterpart and well above the 80 US cent mark after European Central Bank commentary failed to announce any tapering of its bond-purchasing program.

Gold hits one-year peak as $US drops

Gold prices have risen to a one-year peak after the US dollar tumbled on the back of weak US jobs data and an unchanged growth and inflation outlook from the European Central Bank.

Shares close 0.2pts higher

Despite a good start to the session, the Australian share market has closed steady as investors worry about the possibility of another North Korean missile test on Saturday, the anniversary of the country's founding.

Scaffidi stands down pending appeal

UPDATED: Lisa Scaffidi has stood down from her duties as Perth's lord mayor, pending an appeal against her 18-month disqualification from holding office for repeatedly failing to disclose gifts and travel, but plans to retain the title and her annual allowance.

Shares open 22pts higher

The Australian share market has opened higher, following the positive lead of US equities.

$A almost back at 80 US cents

The Australian dollar has crept higher against its US counterpart, recouping a little of its loss following weaker-than-expected economic growth figures and gains in the greenback.

Oil up on Harvey fallout, Irma approach

Oil prices have risen more than per cent as strong global refining margins and the reopening of US Gulf Coast refineries provided a more bullish outlook after sharp drops due to Hurricane Harvey.

Gold eases off 1-yr high on US debt deal

Gold prices have fallen from the one-year high hit in the previous session as concerns over a potential US government shutdown eased and the dollar rose against the safe-haven yen.

Shares close 16pts lower

The share market has closed lower due to a broad sell-off of banks, insurers and other financial stocks.

ARU to face Senate inquiry for axing Force

A Senate committee will inquire into the future of rugby union in Australia, a day after the ARU's victory in its fight to axe the Western Force from Super Rugby.

Potential lead contamination at WA schools

Schoolchildren across Western Australia may be exposed to lead-contaminated water because the same plumbing materials plaguing Perth Children's Hospital could also be in schools, an expert has warned.

Johnston defends gas fracking inquiry

Mines Minister Bill Johnston has been criticised for holding a scientific inquiry to decide the future of fracking in the state, with the industry saying it's unnecessary and creates damaging uncertainty.

Shares open 34pts lower

The Australian market has opened lower, following a negative lead from Wall Street and the major bank stocks all trading lower.

Gold prices hit 12 month high

Gold prices have climbed to a one-year high on Tuesday as the US dollar eased and safe-haven buying demand remained robust due to continued concerns over North Korea's nuclear tests.

$A higher against $US

The Australian dollar has risen against its US counterpart, which fell following the release of weak US durable goods data.

Oil prices rise, as US refineries restart

Crude oil prices rose and gasoline fell by about three per cent on Tuesday as the gradual restart of refineries in the US Gulf that were shut by Hurricane Harvey raised demand for crude and eased fears of a fuel supply crunch.

Shares close 4pts higher

The Australian share market has overcome a poor start to close slightly higher, helped by a late rally in bank stocks and support for the miners on the back of recent improvements in commodity prices.

RBA holds cash rate at 1.5%

The Reserve Bank of Australia has kept the official cash rate on hold at 1.5 per cent and repeated its concern that an appreciating Australian dollar could slow economic growth.

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.

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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.