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 closes flat after thin day of trading

The Australian share market has been sapped of its recent bullishness during a thin day of trade, but the local bourse shook off a subdued resources sector to remain at a near 11-year high.

Flight Centre stock drop on profit warning

Flight Centre shares have dropped 12 per cent after Australia's biggest travel agency slashed its full-year profit guidance due to a weaker than expected performance in the local leisure market.

ASX opens lower after oil pullback

The Australian share market has opened lower after a pullback in oil prices and in the absence of a strong lead from Wall Street.

Brent slips on doubts rally will endure

Oil prices have eased after Brent touched $US75 per barrel for the first time in nearly six months on the suspension of some Russian crude exports to Europe as investors second-guessed the market's ability to rally further.

Gold hits weekly peak as stocks, USD ease

Gold has risen to its highest in more than a week, supported by a slight retreat in the US dollar and a pullback in global equities as demand for riskier assets cooled.

ASX hits 11-year high as AUD stumbles

Stalled inflation raised hopes of a rate cut and helped the Australian share market to an 11-year high, but the Aussie dollar is languishing at a near six-week low.

Jobs data helps lift consumer confidence

Consumer confidence has hit its highest point since December after last week's strong jobs data.

Vicinity Centres chairman to retire at AGM

Vicinity Centres chairman Peter Hay will retire from the board of the shopping centre operator at the company's annual general meeting in August.

Health, tech lead gains in higher ASX open

The Australian share market has opened strongly, with healthcare and tech stocks in the ascendancy after the S&P 500 and the Nasdaq hit record closing highs overnight.

Oil rises amid caution to offset sanctions

Oil prices have hit their highest in about six months as sources said Gulf OPEC members were ready to raise output only if there was demand before offsetting any shortfall following a US decision to end waivers for buyers of Iranian crude.

Gold hits four-month low on USD, stocks

Gold has slipped to a near four-month low as the US dollar gained and investors sought out riskier assets, dampening the safe-haven metal's appeal.

ASX breaks 6300 to hit eight-month high

The Australian share market has surged through the 6300 barrier in the first trading session after the four-day Easter break, finishing at its highest point in eight months on a buoyant energy sector.

AHG says sit tight on AP Eagers offer

Automotive Holdings Group has urged shareholders to sit tight on a $2.42 billion takeover offer from rival vehicle retailer AP Eagers, warning they may be disadvantaged if they agree to sell before the “highly conditional” deal is approved.

ASX higher after building on strong start

The Australian share market has continued to rise through the first trading session after the four-day Easter break, with board-based gains led by a surging energy sector.

Oil up as US takes aim at Iran exports

Crude oil jumped almost three per cent Monday after the United States said it would take more steps to choke off Iranian oil exports, while US equities were mixed as Wall Street braced for corporate results in a busy earnings week.

Wall Street stocks end little changed

US stocks have ended a low-volume trading session little changed, with the biggest gains in the energy sector as investors otherwise stayed on the sidelines ahead of quarterly earnings.



Curtin candidate duped by poll hoax

An independent candidate for former foreign minister Julie Bishop's safe seat claims she is the victim of a "supposed hoax" involving fake opinion polling data and has refused to pull out of the election race.

BHP to keep Nickel West operations

BHP Group will retain its Nickel West business, with a potential expansion of the company's WA nickel operations likely to generate a higher return, with higher risk, than the Scarborough LNG development.

CBA's Bankwest cuts fixed mortgage rates

Commonwealth Bank-owned Bankwest is slashing its three-year owner-occupier mortgage rate as lenders chase an ever decreasing number of suitable home loan customers.

High Court win for Rinehart

A legal dispute between Australia's richest person Gina Rinehart and two of her children will be heard in private after the High Court ruled in her favour.