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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.

Trump triggers share market turnaround

Australian shares staged an afternoon recovery as US President Donald Trump delivered a market assuring State of the Union address.

Inflation rate at 0.6% in December quarter

Australia's inflation rate has risen slightly in the December quarter, lifting the annual headline rate closer to the central bank's target range of between 2 per cent and 3 per cent.

Australian share market opens in the red

The Australian stock market has opened lower, after Wall Street's Dow Jones index suffered its largest two-day fall in well over a year, and most commodities prices also fell.

$A higher, despite fall in commodities

The Australian dollar has managed to eke out some small gains despite broad based weakness across US markets and in commodity prices.

Oil falls as investor risk appetite wanes

Oil prices have fallen for a second day, driven by ongoing evidence of rising US crude output, while wary investors sold off stocks, bonds and commodities.

Shares post sharpest fall in two months

The share market has posted its largest daily fall since mid-November, with the mining, energy and healthcare sectors the worst performers.

Fortescue iron ore shipments drop

Fortescue Metals shipped less iron ore in the December quarter as it continued to lower production costs.

Miners, energy drag on Australian shares

Australian shares have opened lower dragged down by falls in energy and mining stocks and after Wall Street backed off from record levels they reached last week.

$A up despite falls in overseas markets

The Australian dollar is slightly higher despite falls on Wall Street overnight.

Oil prices fall as US dollar strengthens

Oil prices have fallen, pressured by a strengthening US dollar and rising US crude output, but prices remained on track for the biggest January increase in five years.

US lead, investor interest lifts market

The Australian share market has closed higher after a strong lead from US stocks and with more investors looking to the share market as a potentially better alternative to property.

WA economy pointing in right direction'

The end of the mining construction boom continues to cause economic pain for Western Australia but strong employment growth paints a very positive future, according to Treasurer Ben Wyatt.

CBA promotes from ranks to make Comyn CEO

Commonwealth Bank has turned down the chance to signal a fresh start at the scandal-hit lender, instead promoting insider Matt Comyn to "rebuild trust" as its new chief executive.

Wall Street drives Aust shares higher

The Australian share market is trading higher following a strong lead from Wall Street.

$A steady against the US dollar

The Australian dollar is unchanged against the US dollar after Wall Street got a boost from healthcare stocks and a solid economic growth data.

Oil rises, helped by weaker US dollar

Oil prices rose on Friday after hitting fresh three-year highs in the previous session, as weakness in the dollar continued to underpin prices with crude on track for a weekly gain.

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WA boss sold assets to pay staff

The director of a Perth security company has been acknowledged for selling personal assets to provide back pay for staff who were underpaid more than $200,000.

Scarborough tipped as next big LNG development

A tieback of the Scarborough field into the Pluto LNG plant could well be the next major energy development in Western Australia, after Woodside Petroleum announced a deal to increase its stake in the field.

Wesfarmers takes $1.3bn hit on UK, Target

Wesfarmers is overhauling the leadership at its underperforming UK hardware business after the struggling unit was responsible for the majority of $1.3 billion in first-half writedowns and impairments.

WA economy pointing in right direction'

The end of the mining construction boom continues to cause economic pain for Western Australia but strong employment growth paints a very positive future, according to Treasurer Ben Wyatt.

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Western Force could get a lifeline in 2021

New Rugby Australia chief executive Raelene Castle has left the door ajar for the Western Force to return to the fold in 2021, but the Indo Pacific Rugby Championship remains in limbo.