AAP

Premier Mark McGowan says he is hopeful negotiations with the AFL on its move to the new Perth Stadium for the 2018 season will be complete by the end of the week.

The share market's recent run of gains has stalled due to weakness among telcos and miners and heavy falls from Crown Resorts and Lendlease.

Crown Resorts has rejected claims by whistleblowers tabled in federal parliament alleging the casinos operator deliberately tampered with poker machines to increase losses for gamblers.

Mining giant Rio Tinto and two top former executives have been charged with fraud by US market regulators for allegedly inflating the value of an African coal business that cost the company a $2.9 billion write-down.

BHP Billiton has reaffirmed its full-year production guidance for all its commodities despite posting softer quarterly production for iron ore and copper.

Australians shares have started marginally higher, as investors tread cautiously following falls in mining stocks and news that Rio Tinto has been charged with fraud.

Oil prices ended little changed on Tuesday, steadying after earlier gains and losses, as expectations of high US production and exports offset concerns that fighting between Iraqi and Kurdish forces could threaten the country's crude output.

Gold prices fell to a one-week low on Tuesday on speculation that the eventual successor to US Federal Reserve Chair Janet Yellen will favour higher interest rates.

The Western Australian opposition will not block the Labor government's proposed payroll tax increase, despite describing it as a broken election promise and predictions it will cost over 1,300 jobs.

Rising commodity and energy prices have powered mining and energy stocks and lifted the Australian share market to its highest level since May.

Telstra says competition in the telecommunications sector remains tough and concedes it will probably lose customers to smaller rival TPG Telecom when the market newcomer establishes its own mobile phone network.

Western Australian Energy Minister Ben Wyatt has opened the door for a potential state-based renewables target after the federal government confirmed a major change in energy policy today.

Rio Tinto says it lifted third quarter iron ore shipments from its Pilbara operations by slightly more than expected on the back of an improvement in rail capacity and performance.

ANZ Banking Group will sell its superannuation and some financial planning businesses to financial services group IOOF for $975 million as it continues to weigh how best to offload life insurance.

The Australian share market has opened higher following the lead from Wall Street, where major stock indices rose overnight, with the local market now at its highest level since May.

The Australian dollar has retreated slightly against its US counterpart, despite little major news flow.

Crude prices have risen one per cent as Iraqi forces entered the oil-rich city of Kirkuk, seizing territory from Kurdish fighters and briefly cutting some crude output from OPEC's second-largest producer.

Gold has turned lower, pressured by profit-taking after extending gains above the $US1,300 mark to a three-week high amid ongoing tensions over Iran and North Korea as well as recent weak US economic data.

Strong prices for iron ore and growing global economic strength have helped propel the Australian share market to a five-month high.

Retail veteran Solomon Lew is urging Myer to prove its recent claims that the department store chain's fortunes are turning around.

Gold-focused Evolution Mining has lifted production and cut costs in the September quarter, helped by a strong performance at its Cowal mine in NSW and Ernest Henry and Mt Carlton mines in Queensland, coupled with the sale of its Edna May mine in Western Australia.

Stronger iron ore and oil prices and a positive lead from Wall Street have driven the Australian share market higher.

The Australian dollar has gained against its US counterpart, after the greenback slipped following a lower than expected US inflation report on Friday.

Oil prices on Friday closed at their highest level in October on bullish news from strong Chinese oil imports, U.S. President Donald Trump's decision not to certify that Iran is complying with a nuclear agreement and other tensions in the Middle East.

The Australian share market has closed at its highest level since June, with investors starting to find value after the local bourse suffered a period of underperforming compared with its global peers, and Chinese trade data boosting sentiment.

The number of property investors with five or more properties in Australia has spiked in recent years, adding to central bank concerns about the overheated Australian housing market.

Oil giant Chevron has shelved a $400 million plan to drill in the Great Australian Bight.

The Australian share market has opened slightly higher despite Wall Street's overnight dip. 

The Australian dollar has edged higher against its US counterpart, as the greenback drifted while investors waited on US inflation figures.

Oil prices rebounded from early losses but ended lower after the Energy Department reported a larger-than-expected decline in US inventories and a falloff in weekly production on Thursday.

Bank of Queensland has lifted its full-year cash profit 5 per cent to $378 million, delivering shareholders a surprise special dividend on stronger second-half lending growth.

The share market has overcome early falls to close higher, as Bank of Queensland's profit growth boosted the financial sector and energy producers were boosted by forecasts of stronger oil demand.