Search

AAP

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.

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.

Macquarie approves $1bn buyback

Macquarie Group's board has approved an on-market buyback of up to $1 billion after posting a first-half profit of $1.25 billion.

Shares open 6pts higher

The Australian share market is trading higher in early trade after a higher close on Wall Street overnight, but gains are likely to be capped ahead of a key high court decision on the legality of t

$A tumbles further against $US

The Australian dollar is sharply down against its US counterpart which has gained following the European Central Bank's tapering announcement.

Gold nears 3-wk low as ECB plan lifts $US

Gold has fallen to a near-three-week low as the US dollar gains against the euro after the European Central Bank said it would extend the lifespan of its bond-buying program.

Shares close 10pts higher

The share market has rallied to close higher, as ANZ's baking rivals recovered from early falls and most of the big miners overcome weaker commodity prices.

McGowan pledges councillor firing law

Laws enabling the state government to dump a councillor who acts improperly will be introduced in parliament this year, and be drafted to allow for Perth Lord Mayor Lisa Scaffidi to be dealt with retrospectively, Premier Mark McGowan says.

Origin secures APLNG gas for east coast market

Origin Energy says it will buy 41 petajoules of gas from its part-owned Australia Pacific LNG project in Queensland for the domestic market.

JB Hi-Fi sales growth slows

JB Hi-Fi's sales growth has slowed, but it still expects total sales to jump 21 per cent this financial year.

Qantas expects slower second-half growth

Qantas says first-half underlying profit could rise as much as 11.5 per cent, but has warned rising fuel costs will start to weigh on earnings after that.

ANZ watching mortgage book 'like a hawk'

ANZ Banking Group chief executive Shayne Elliott says the lender is watching its mortgage book "like a hawk" for signs of stress as households rack up record debt to meet rising house prices.

Fortescue lowers iron ore price guidance

Fortescue Metals Group is on track to the meet its annual iron ore shipments forecast but has downgraded its guidance on the price it expects to realise.

Shares open 16pts lower

The Australian market has opened lower on Thursday in the wake of a retreat on Wall Street overnight where poor earnings results pushed major indices to their worst close in seven weeks.

Local dollar falls against the greenback

The Australian dollar has fallen to a three-month low against its US counterpart, on the back of weaker than expected inflation data.

Oil prices down on crude inventory build

US oil prices have slipped after a surprising increase in US crude inventories, while US petrol futures rallied one per cent on a sharp fall-off in inventories.

Shares close 8pts higher

The share market has inched back above 5,900 points as mining and energy stocks gained ground, and weaker than expected inflation sent the Australian dollar to a three month low.

Inflation steadied by electricity, food

Australia's inflation rate lifted at a lower-than-expected rate in the September quarter, after a collapse in fruit and vegetable prices offset an upward surge in electricity costs.

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.

Fruit and veg prices bite Coles' sales

Supermarket giant Coles has suffered a slowdown in first-quarter sales growth as a rapid fall in the price of fresh produce and competition from a resurgent Woolworths keeps pressure on margins.

Shares open 18pts higher

The Australian market has opened higher on Wednesday thanks to a strong lead from Wall Street and solid rises in most commodities overnight.

Gold prices dip ahead of Fed decision

Gold prices dipped on Tuesday as investors anxiously awaited news on the next head of the US Federal Reserve, while strong share markets and a calmer geopolitical environment sapped safe-haven demand.

Oil prices rise on supply glut comments

Oil prices rose more than one per cent on Tuesday after top exporter Saudi Arabia said it was determined to end a supply glut, while prices also drew support from forecasts of a further drop in US crude inventories as well as nervousness over tensions in Iraqi Kurdistan.

Shares close 3.6pts higher

The share market overcame a soft start to end the day slightly higher as strength among miners and utility companies offset weakness for the energy producers.

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.

'Shocked' Lew takes aim at Myer board

Solomon Lew has launched a new attack on the board of Myer and called on shareholders to help him oust the department store's directors at next month's annual general meeting.

Domino's pays $42m to buy out Japan stake

Domino's Pizza is taking full ownership of its Japanese joint venture by buying out partner Bain Capital's minority stake for $42 million.

Shares open 1pt lower

The Australian share market is trading in a narrow range in early trade with investors wary after a weaker close on Wall Street overnight.

$A is again lower against $US

The Australian dollar has fallen against the US dollar.

Oil steady, on Iraq export and US rig fall

Oil prices are little changed as supply disruptions in Iraq dent exports by OPEC's second-largest producer and US drilling rates show a slowdown.

Pages

Most-read

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.

most commented

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.