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The share market has closed slightly lower as higher prices for iron ore and oil boosted most major mining and energy stocks, but the banks went backwards.
South Australia will put up $50 million and has called on the next federal government to commit $100 million to help save Arrium's troubled Whyalla steelworks.
MP for Canning Andrew Hastie has been booted out of the Army Reserves after he defied a Defence request to remove photos of him in military garb from election campaign material.
Gold has risen more than one per cent to a three-week high, bolstered by a weaker US dollar on declining expectations that the Federal Reserve will raise interest rates any time soon.
The value of investor housing loan approvals has fallen to a near two-year low, adding weight to the view the Reserve Bank of Australia could cut interest rates again without fear of restarting a price boom.
Stocks have broadly gained, helped by buoyant oil prices, a day after Federal Reserve Chair Janet Yellen pushed back expectations for an interest rate increase without raising concerns over the strength of the world's largest economy.
Gold has inched fractionally lower, but has held near the previous day's two-week high after the Federal Reserve further dampened speculation about an imminent US rate rise.
Changes to the private label offerings at Woolworths supermarkets are a defensive response to the growing popularity of German discount retailer Aldi, but won't have the impact the retailer hopes it will, according to a Sydney business academic.
Stocks have gained on markets worldwide, while the US dollar edged lower against major currencies after Federal Reserve Chair Janet Yellen said US interest rate hikes are likely on the way, but made no reference to the timing of any increase.
Wall Street closed slightly higher, as fresh data gave a rosier view of the economy and further gains for healthcare shares countered declines in energy names.
ALS shares surged more than 25 per cent after the testing, inspection and certification group rebuffed a $2.7 billion takeover bid from two private equity firms, setting the scene for a potential bidding war.
Gold has turned negative, as the US dollar briefly pared losses following US manufacturing data and US equities came off their lows, while the market tried to assess how close the Federal Reserve is to raising interest rates.
US stock prices rose slightly on the back of a late rebound in oil prices and an encouraging economic report from the Federal Reserve, but equity prices in other major world markets fell on worrisome Chinese and European factory data.