Shares close 56pts higher

Australian shares have ended the week in positive territory after a strong US market pushed local stocks to a fourth consecutive day of gains.

ASX defends handling of market outage

ASX boss Dominic Stevens has apologised for the "unacceptable" outage that stopped trading on the Australian stock market on Monday but defended its handling of the situation.

Lotterywest counters online threats

State government gaming agency Lotterywest has beaten its revenue budget and grabbed its biggest share of spending per capita for three years, but it continues to watch the threat of online gambling and other web-based gaming products from outside Western Australia.

Shares open 6pts higher

The Australian share market has opened slightly higher, taking cues from steady gains on Wall Street a day after the US Federal Reserve's decision to hold interest rates.

Morning Headlines

Lowe: RBA can only do so much

$A dips, but set to test 77 US cent level

The Australian dollar has fallen against the greenback, but is set to test the 77 US cent level on the back of the US interest rate hold.

Gold rises on Fed

Gold prices rose to a two-week high after the US Federal Reserve's decision to keep interest rates on hold sent the dollar to its lowest level since the start of last week.

Wall St extends Fed-fuelled rally

US stocks have climbed, with big tech names leading broad gains, building on strength from a day earlier that was fuelled by the Federal Reserve's decision to stand pat on interest rates.

Shares close 34pts higher

The share market has posted a third straight day of gains as major central banks leave their interest settings unchanged to help stimulate economic growth.

ANZ settles Oswal dispute

Indian business couple Pankaj and Radhika Oswal are "very satisfied" with a commercial settlement with the ANZ Banking Group believed to be worth hundreds of millions following their high profile legal dispute.

Shares open 46pts higher

The stock market has opened 46.3pts higher to 5,385.9.

$A rises after US Fed holds rates

The Australian dollar has bounced after the US dollar fell as the Federal Reserve downgraded its rate projections.

Stocks climb, $US falls as rates held

US stocks have rallied and the US dollar index eased further after the US Federal Reserve left interest rates unchanged, keeping its low-rate environment intact for now.

Morning Headlines

NBN fees to force telcos out of business

Shares close 36pts higher

The share market has closed higher, along with other Asian markets, after the Bank of Japan kept its benchmark interest rate at minus 0.1 per cent.

Pay packet down for Wesfarmers CEO

Wesfarmers chief executive Richard Goyder has taken a substantial pay cut with a halving in his short-term incentive payments after a year in which his Coles-owning conglomerate took a hefty hit to profits.

Shares open 10pts higher

The Australian share market has opened higher.

International oil price edge higher

US oil (WTI) prices have edged up on hopes the planned restart of country's main petrol pipeline after a leak more than a week ago will boost demand, while Brent has slipped amid scepticism over a proposed deal to freeze production.

Morning Headlines

Gloss comes off Teoh's TPG as NBN costs bite

Gold steadies ahead of Fed rates decision

Gold has steadied as Federal Reserve policy makers begin a two-day meeting that investors bet will leave interest rates unchanged.