Shares close 34pts higher

The Australian share market has closed higher, led by the financial sector, as investors start to feel bullish ahead of earnings reports from three of the big four Australian banks.

Shares open 34pts higher

The Australian share market has kicked off the trading session higher, with gains across the board following a strong session on Wall Street.

Morning Headlines

Inflation rise could blindside investors

$A slips on renewed US rate rise hopes

The Australian dollar has slipped amid renewed hopes of a US rate rise before Christmas.

Oil falls on fear of limited output cut

Oil prices have dipped, with US crude briefly falling below $US50 per barrel, on news of the impending restart of Britain's Buzzard oilfield and Iraq's wish to be exempted from OPEC production cuts.

Gold slips on stronger US dollar

Gold prices have slipped as the US dollar has strengthened to a fresh near nine-month high on growing speculation that the US Federal Reserve would lift its key interest rate in December.

Shares close 21pts lower

The Australian share market has closed lower, led by a sharp sell-off in healthcare stocks and a fall in energy stocks.

Shares open 47pts lower

The Australian share market has slipped in early trade as a lack of cues from Wall Street and investor caution weigh on sentiment.

Oil prices are higher

Venezuelan President Nicolas Maduro has been quoted as saying that OPEC and non-OPEC nations are "very close" to an agreement on oil production curbs, Azerbaijan's state news agency Azertag reported.

$A down as US dollar hits eight-month high

The Australian dollar continues to lose ground against the US dollar, which has hit an eight-month high.

Gold prices closed flat

Gold prices are little changed as a strong US dollar limited gains, but the precious metal notched its first weekly rise in four as seasonal demand from Asia kicked in.

Morning Headlines

Morrison targets cost of housing

Shares close 11pts lower

The share market has fallen slightly due to weakness in the energy sector and a surprise profit warning from private hospitals operator Healthscope.

Shares open 1pt lower

Australian shares are relatively flat in early trade as a lack of cues from Wall Street and profit taking after recent gains weighs on the market.

$A falls on weak employment figures

The Australian dollar is markedly weaker against the US dollar in the wake of disappointing local employment numbers and as its US counterpart climbs on upbeat north American data.

Wall St dips as telecoms slump

US stocks ended a choppy session on Thursday with a slight decline as investors digested the latest round of earnings, with a sharp drop in telecoms offset by gains in healthcare.

Morning Headlines

Super funds $16b swoop on Ausgrid

Gold falls on stronger $US, ECB rate hold

Gold has eased slightly after three days of gains as the US dollar rose and the European Central Bank left interest rates unchanged, maintaining the parameters of its 1.74 trillion euros ($A2.49 trillion) asset buying program.

International oil prices fall more than 2%

Oil prices have fallen more than two per cent, as a resurgent US dollar encouraged players to take profit on the previous day's rally that sent US crude to 15-month highs.

Big gap between rich and poor in WA: study

The gap between the rich and the poor in Western Australia has narrowed slightly since the end of the resources boom but the divide is still substantial, new research suggests.