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Gold has risen as the US dollar retreated and investor appetite for safe assets remained strong because of longer-term financial uncertainty after Britain's surprise vote to leave the European Union.
Bargain-seeking investors have lifted the share market following the heavy selling sparked by concerns about the global economic fallout of Britain leaving the European Union.
Deal hungry Vocus Communications is buying a Nextgen Group subsidiary, plus two WA-focused development projects, for up to $861 million to bolster its telecommunications infrastructure and earnings pipeline.
Gold has fallen more than one per cent as buyers cashed in gains from the biggest two-day rally in the metal since late 2008, made in the wake of Britain's shock vote to leave the European Union.
Evolution Mining has underlined its bullish outlook by doubling dividend payouts after posting record gold production, in line with its target guidance.
Optus is looking to cut more jobs next year as the teleco group considers outsourcing some of its office work as part of wider efforts to cut costs amid stiff competition.
The Australian share market has opened sharply lower after another tumultuous trading session in the UK, Europe and the US following Britain's vote to leave the European Union.
Copper has risen as funds and traders reversed short-term bets of lower prices on expectations of economic stimulus, while a stronger US dollar knocked the price of other metals.
The Australian share market has regained some of Friday's big losses caused by Britain's exit from the European Union, but market observers still think there's more carnage to come from Brexit.
Rail and ports operator Asciano will sell its 50 per cent stake in the ACFS port logistics business to its joint venture partner in an effort to remove the overhang on its $9.05 billion takeover.
BHP Billiton will focus on copper and oil as it boosts exploration spending in the coming financial year despite cutting its total capital expenditure.
Spray-on skin technology provider Avita Medical has won a contract extension aimed at helping a US biomedical research organisation prepare for treating burns from a nuclear explosion.
Cool heads are required as Australian markets prepare for a second day of fallout from the UK's decision to leave the European Union, Treasurer Scott Morrison advises.
The Australian dollar gold price hit an all-time record of $1,826 an ounce today after Britain elected to leave the European Union, with shares in local gold miners rallying strongly even though the broader stock market tumbled more than 3 per cent.
The Australian share market has opened higher despite confidence that Britain will remain part of the European Union being shaken by early results from the country's referendum.
Global share markets are rallying while safe-haven debt is wilting in Asia after polls suggest Britain has voted to remain in the European Union, removing the latest threat to the future of the bloc and its single currency.
RBA warning on BrexitThe nation’s most senior financial officials have briefed both major parties on the consequences of a British exit from the European Union as
A senior ANZ executive denies putting Indian businessman Pankaj Oswal in a headlock or threatening his wife that she too could end up in jail for fraud, a trial has heard.
The prospect of a catastrophic bushfire in Western Australia is increasingly likely without greater investment in prevention and fuel hazard management, a parliamentary inquiry has concluded.