AAP

Oil prices rose more than one per cent on Thursday on news that key crude exporters, including Saudi Arabia and Russia, were cutting production to reduce a global crude glut, and on forecasts of re

The Australian dollar has rallied amid further weakness in the greenback, amid concerns about US President-elect Donald Trump's economic plans

Gold surged above $US1,200 an ounce to its highest in seven weeks on Thursday as the US dollar fell after US President-elect Donald Trump's long-awaited news conference gave few details on economic policy.

The share market has closed slightly lower as early momentum provided by a higher Australian dollar and commodity prices was outweighed by a negative response to US President-elect Donald Trump's first press conference in six months.

Fresh from a year that delivered major political shocks and proved tougher than expected, Australian business leaders are taking a cautious approach to 2017.

The share market is higher as investors continue to bet on gains, driving strength in the miners and banks.

The Australian dollar has jumped more than half a US cent amid renewed uncertainty about Donald Trump's policies following his first press conference as US president.

Oil prices rose on Wednesday by the most in over a month, boosted as the US dollar weakened following a news conference by US President-elect Donald Trump, and on news that Saudi Arabia had cut exports to Asia.

Gold rose to a seven-week high on Wednesday, turning positive as the dollar dropped and Treasury yields fell after US President-elect Donald Trump spoke in his first formal news conference just days before taking office.

Strong gains by resources companies including Rio Tinto and BHP Billiton have lifted the share market, despite falls by the banks.

WA Senator Rod Culleton says he will appeal against a Federal Court ruling that he is bankrupt as he fights to save his political career.

ANZ Banking Group has announced its second asset sale in two weeks as it continues efforts to streamline the business and bolster its capital.

The share market is stronger due to gains among resources stocks including Rio Tinto and BHP Billiton, triggered by higher commodity prices.

Gold has rallied to its highest level in more than a month as the dollar dipped ahead of a news conference on Wednesday by US President-elect Donald Trump.

Oil prices fell about one per cent, extending the previous session's sharp sell-off, as the US dollar strengthened and doubts over implementation of a global deal to cut output loomed.

The Australian dollar has slipped a touch on the back of firming market bets on a US interest rate rise.

Primary Health Care boss Peter Gregg will face charges of falsifying accounts during his time as an executive at construction firm Leighton Holdings (now CIMIC Group).

The share market has closed weaker for the first time in 2017 as investors took profits following a run of gains.

Crown Resorts has announced a new chairman and the return of billionaire James Packer to its board, just one year after he quit to focus on the casino operator's development projects.

The share market has opened lower amid a drop in oil prices and mixed sessions on overseas equity markets.

The Australian dollar has rebounded in early trade as its US counterpart slipped overnight following weak US labour market data.

Gold rose to a five-week high on Monday as markets reassessed the outlook for the U.S. economy after Donald Trump is inaugurated as president later this month, taking support from the falling dollar and lower U.S. Treasury yields.

Declines in energy and financial stocks weighed on the S&P 500 have helped stall the Dow's pursuit of the 20,000 milestone ahead of earnings season and expected US policy changes under the Donald Trump presidency.

The Australian share market has closed at its highest level in 20 months after stronger US wage data boosted investors' confidence in the US economy and helped lift the local bourse to its fifth straight positive finish so far this year.

National construction activity finished the year weak as home building wound down in December, new data by Ai Group has shown.

The Australian stocks have jumped on the back of global investor confidence triggered by stronger US wage data.

The Australian dollar has slipped in early trade on Monday after its US counterpart rebounded following strong non-farms payroll data and hawkish comments from US Federal Reserve officials on Friday.

Gold prices slipped on Friday from the previous day's one-month high as the dollar strengthened on a solid U.S. jobs report, while palladium was on track for its largest weekly gain since March on record high U.S. car sales.

Oil rose slightly on Friday on futures buying, ending the week higher, but gains were limited by a strong U.S. dollar and lingering doubts about whether OPEC producers would stick to a deal to cut output.

The four-week marron fishing season begins this weekend in Western Australia and thousands of people are expected to turn out to dams and rivers to catch the unique freshwater crayfish.

Germany has won its Hopman Cup qualifying match against Great Britain 2-1 today, while in cricket Pakistan trail Australia by 428 runs in their second innings of the Sydney test match, after Australia declared at 2/241.

The Australian share market has eked out a minuscule gain to close higher for the fourth session in a row, with encouraging trade data having little impact.