AAP

The Australian share market has lost ground during a day plagued by technical glitches that delayed the market open and eventually forced a premature end to equities trading.

Crown Resorts boss Rowen Craigie was paid $5.7 million last year, the casino group's latest annual report shows, up from $5.2 million in 2014-15.

The start of trading on the Australian stock exchange has been delayed by a technical problem.

The Australian dollar has lost ground against the US dollar, which rose sharply on the back of strong US inflation data.

Crude oil prices fell two per cent on Friday to multi-week lows as swelling Iranian exports reinforced fears of a global glut, while petrol rallied on refinery and pipeline outages.

Gold has fallen to a two-week low after data showing faster-than-expected growth in US consumer prices in August helped support the case for the Federal Reserve to raise interest rates later this year and the US dollar jumped.

The share market has closed more than 1 per cent higher as commodity prices rose and Wall Street offered a positive lead.

A Thai petroleum millionaire has launched a low-ball offer for ailing Australian gold miner Kingsgate Consolidated as its future teeters on the brink.

JB Hi-Fi shares have soared after returning to trade for the first time since the electronics retailer announced an $870 million takeover of The Good Guys.

The Australian share market has opened higher following on from US equities' positive lead.

Gold has slide to a two-week low after a mixed bag of US economic data prompted selling ahead of next week's US Federal Reserve policy meeting.

Oil prices have risen strongly, after tracking a rally in petrol futures sparked by a delayed restart of the main petrol line at Colonial Pipeline, the No. 1 carrier for the motor fuel in the United States.

The Australian dollar has risen more than half a US cent as the greenback fell on disappointing US retail sales numbers, dousing market expectations of an imminent US rate rise.

Commonwealth Bank and its three big rivals have led the share market higher, despite falls by energy companies on the back of lower oil prices.

The two main features of the latest labour force figures appear to be telling different stories, with a falling unemployment rate obscuring underlying weakness in job creation.

BHP Billiton says its plans to invest in a huge new iron ore mine in the Pilbara are threatened by The Nationals WA's proposed new $5 a tonne mining tax.

Department store chain Myer has shown signs its turnaround plan is working after it more than doubled its full-year profit to $60.5 million.

Seven West Media can push ahead with its acquisition of News Corp's The Sunday Times and perthnow.com.au after the competition watchdog declared it won't hurt competition for consumers or advertisers.

The Australian share market has opened lower.

The Australian dollar has consolidated recent losses ahead of the release of the official August job figures.

Oil prices have fallen about three per cent for a second straight day, after data showing large weekly builds in US petroleum products offset a surprise draw in crude stockpiles.

Gold prices have risen, breaking a five-day decline as the US dollar slipped against a basket of currencies, with the market waiting for clues on the timing of an increase in US interest rates.

Consumer confidence has experienced a relatively stable six months, while economists expect the unemployment rate to have remained steady at 5.7 per cent in August.

Australian shares have gained ground for the first time in a week, recovering from a hefty selloff on Tuesday.

The Commonwealth Bank of Australia has apologised to customers and paid $180,000 in fines after a programming error caused Australia's largest bank to incorrectly approve almost 11,000 overdraft applications.

The Australian share market has opened barely changed.

The Australian dollar has fallen more than half a US cent on growing concerns about US and European interest rate rises.

Gold has fallen for the fifth straight day, weighed down by a firmer US dollar and a jump in Treasury yields as well as uncertainty about whether the US central bank will raise interest rates next week.

Oil prices have fallen as much as three per cent after both the world's energy watchdog and OPEC revised forecasts that signalled the global crude glut could persist for much longer than expected.

The Australian share market lost its early morning gains to close at its lowest level since July on concerns about future stimulus programs by central banks.

The builder of the $1.2 billion Perth Children's Hospital has not been blamed for asbestos found in ceiling panels but should have done more to protect the health of workers, an inquiry has found.

The Turnbull government has failed to comply with a Senate order to release documents about the largely federal-funded Perth Freight Link.