AAP

Oil prices have climbed in a modest rebound from a sharp sell-off after a mixed US petroleum report showed an increase in crude inventories and a decline in production.

Gold has eased as a rebound in stocks and the US dollar arrests a four-day rise, with uncertainty over the timing of a looming US rate rise limiting price moves ahead of key US non-farm payrolls data on Friday.

Australia's mining downturn has bottomed out despite ongoing volatility in global markets, Premier Colin Barnett says.

The Australian share market has finished in positive territory following a rally in China, but uncertainty on global markets continues.

Test cricket legend Dennis Lillee has sensationally resigned as president of the WACA as the organisation prepares to unveil its make-or-break plan to guarantee the future of the iconic cricket venue.

Harvey Norman's acquisition of a stake in a dairy farm may be mystifying for some, but not for executive chairman Gerry Harvey.

The Australian share market has opened lower.

World oil prices have tumbled as poor manufacturing data in China, the world's largest energy consumer, hammered the outlook for demand and shook market confidence.

US stocks have lost another nearly three per cent as new data offered more evidence that China's industrial machine is stalling.

Gold has gained per cent as the US dollar and global equities dropped on fresh signs of economic weakness in China and uncertainty over the timing of the Federal Reserve's first interest rate rise in nearly a decade.

The Australian dollar has hit another six-year low, with traders pessimistic ahead of the release of domestic gross domestic product figures.

An estimated $32 billion has been wiped from the Australian share market due to indications of further weakness in the Chinese economy.

Dwelling prices rose by an average of just 0.3 per cent in Australia’s capital cities in August, with Perth being one of the poorer performers, with prices down by 1.3 per cent.

The Reserve Bank of Australia has left the cash rate at a record low of 2 per cent for a fourth straight month.

Atlas Iron shares have lifted after the company moved its former boss Ken Brinsden to a non-executive role as it cuts costs.

Myer is looking to a Topshop-led overhaul to end years of weak sales growth in its department stores, and is asking investors for the cash to pay for it.

The Australian share market has opened lower, weighed down by the financial sector as uncertainty on global markets continues.

Nervous investors have sold down US stocks after surviving last week's turbulence, amid continued worries over the potential broader impact of China's slowdown.

Oil prices have surged as the US government lowered its domestic production estimate and OPEC said it was "ready to talk" to producers about multi-year low prices.

The Australian dollar is slipping south as China's stock market debacle continues to drive gloom on global equity markets.

Gold has steadied, bouncing up from session lows as oil prices rallied and the US dollar fell, after bullion felt earlier pressure on indications the Federal Reserve may still raise interest rates this year, despite recent market turmoil.

Transfield Services' contract to run the Nauru and Manus Island offshore detention centres is expected to be renewed for another five years.

Mobile home and recreational vehicle supplier Fleetwood Corporation has suffered a fall in underlying annual profit amid problems with its caravans business.

The Australian share market has closed 1 per cent lower as investors fretted over the possibility the US Federal Reserve could soon raise interest rates.

Mining services group Bradken has decided against a merger with Chile's Magotteaux Group, preferring to focus on a restructuring program it says is largely complete.

The Australian share market has opened more than one per cent lower.

The Australian dollar has lost ground as rising US rate hike expectations offset upbeat risk sentiment.

Gold has risen as technical indicators and suggestions the US central bank may delay a rate rise provided support, but the metal was still on track to post its biggest weekly drop in five weeks amid US dollar strength and strong US economic data.

The Australian Share market has finished in the black thanks to positive global leads and higher oil prices.

A $23 million law suit settlement and a massive UK restructure have plunged Cash Converters to a $21.7 million annual loss.

Woolworths chairman Ralph Waters will step down after the supermarket giant suffered a 12.5 per cent slide in its full-year profit.

The Australian share market has opened more than one per cent higher.