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Corporate tax take increases by 19 per cent

Gold dips to one-week low as $US rallies

Gold eased to its lowest level in nearly one week overnight as the dollar rose and investors latched on to gains in global stocks, while palladium touched record highs on expectations of higher demand for the auto-catalyst metal.

Banks, miners lift ASX despite telco slump

Banking and mining stocks have lifted the Australian share market higher, but gains were limited by a slump from the telco sector after the competition watchdog raised concerns over TPG's planned merger with Vodafone Australia.

Perron pledges billions to charity

Perron Group has announced key board appointments after the passing of its founder Stan Perron and disclosed the “greater majority” of its $4 billion in net assets will be donated to charity.

ASX opens higher despite telco sell-off

The Australian share market has opened higher but telco stocks are keeping the gains in check after the competition watchdog raised concerns over TPG Telecom's planned merger with Vodafone Australia.

Morning Headlines

GIC backs $326m buy as mining cities regain lustre

Wall St up, investors optimistic on China

US stocks have closed up, though well below their session highs as investors pulled back in the last few minutes of trading despite optimism about US-China trade relations and some reassuring signs in British politics.

Gold up again as greenback weakens

Gold prices edged higher as the dollar slipped overnight and expectations for the number of US interest rate hikes next year dimmed, increasing the appeal of non-interest yielding bullion.

Oil up on Libya disruption, planned cuts

Oil prices have risen, bolstered by export cuts from Libya and planned OPEC-led production cuts, pulling back briefly after the United States reported a smaller-than-expected crude inventory drawdown.

Banks and energy lift ASX higher

The Australian share market has closed higher, buoyed by a surge in banking and energy stocks as trade tensions ease and investors cash in on cheaper shares.

Inquiry into Telstra's fixed line services

The consumer watchdog has launched a new public inquiry into the conditions under which rival telcos use Telstra's existing copper network.

ASX lifts, defying choppy overseas trade

Australian shares have edged higher despite volatile overnight trade, with energy, resources and healthcare stocks posting solid early gains.

Wall St end choppy session down slightly

The S&P 500 and the Dow have closed marginally lower after volatile trading as investors swivelled their focus between China-US trade talks, President Donald Trump's threat to shut down the US government and political uncertainty in Britain.

Gold price steadies near five-month peak

Gold is holding steady near a five-month peak as expectations for fewer interest rate hikes by the US Federal Reserve next year supported the non-yielding precious metal.

Morning Headlines

Financiers take control of $61 million Park Avenue apartment complex

Oil flattens after US govt shutdown threat

Oil futures pared most of their gains overnight as stock markets turned negative on worries about a possible US government shutdown.

ASX lifts amid Brexit, US volatility

Mining and health care stocks lifted the Australian share market higher, but the gains did little to recover the significant losses inflicted during Monday's trading.

ASX climbs amid Brexit, US volatility

Australian shares have extended early gains with the banks and healthcare stocks leading the way as Brexit chaos rages in the UK.

Morning Headlines

Australia seeks more of lithium battery pie

Gold price eases amid Brexit worries

Gold edged lower as the US dollar firmed against the pound on doubts about Britain's departure from the European Union, but falling equities and prospects of a slower pace of US interest rate hikes in 2019 kept bullion near a five-month peak.

Oil falls nearly 2% on stocks sell-off

Oil prices have fallen nearly two per cent, echoing the weakness in global stock markets as the focus returned to demand growth concerns and crude prices erased some of the gains made last week on an OPEC-led decision to cut output.

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