AAP

BC Iron expects to save about $2.3 million over three months after joint venture partner Fortescue Metals Group agreed to set the rail and port tariff for the companies' Nullagine project in accordance with varying iron ore prices.

The Australian share market has opened flat as investors wait on the outcome of this week's US Federal Reserve meeting.

The Australian dollar is fairly steady, regaining ground lost in the aftermath of China's surprise interest rate cut.

Gold has steadied, after a three-day losing streak as the US dollar's ascent paused and uncertainty persisted over the timing of the first US Federal Reserve rate increase in a decade.

Crude prices have extended last week's losses as the International Energy Agency warned of a further fall in oil investment.

The Dow and S&P 500 have finished lower as petroleum-linked stocks tumbled ahead of earnings this week from ExxonMobil and Chevron.

The Australian share market faded after a strong start to close flat on Monday.

Troubled streaming service Quickflix is cutting staff and negotiating deals with content providers as it strives to become viable in the highly competitive sector.

BlueScope's Port Kembla steelworks may still be on borrowed time despite a three-year tax break from the NSW government that secures the immediate future of its 4,500 workers.

Network Ten's full-year loss almost doubled to $312.2 million but the free-to-air broadcaster is predicting a big lift in advertising revenue thanks to its tie up with Foxtel's MCN.

A Perth man is behind bars, accused of playing a role in one of the world's biggest financial scandals.

The Australian share market has opened higher following a lift in global sentiment after the Chinese rolled out more economic stimulus measures.

The Australian dollar is weaker against the greenback, which rose after China cut interest rates for the sixth time in a year.

Gold is slightly lower after the US dollar soared to its highest level in more than two months and US equities raced higher following China's easing of monetary policy for the sixth time in a year, reviving expectations of a US rate hike.

Billionaire Frank Lowy's 55 years at the top of his Australian shopping centre empire are coming to an end.

Perth's infamous eyesore mansion, dubbed the Taj Mahal on the Swan, will be demolished after the former fertiliser magnates who didn't complete it reached an agreement with the local council.

The Australian share market has made solid gains after the European Central Bank hinted it may take more measures to boost Europe's stagnant economy.

Oil and gas producers Drillsearch Energy and Beach Energy plan to create a $1.2 billion company with the backing of major shareholder Kerry Stokes.

The majority of Australian home owners will be hit with higher mortgage repayments after the country's big four banks hiked their interest rates.

The Australian share market has opened stronger, buoyed by a lift in US and European shares after the European Central Bank suggested momentum for further economic stimulus is gathering pace.

Oil prices have slightly rebounded as traders hunted for bargains lurking in the prior day's steep fall.

The Australian dollar has climbed slightly higher after the European Central Bank kept interest rates on hold and flagged its readiness to step up its stimulus program.

US stocks have powered higher, lifted by dovish signals from the European Central Bank and strong earnings from McDonald's, Texas Instruments and others.

Gold has fallen to its lowest in more than a week, pressured by a strong US dollar and uncertainty over the timing of a US Federal Reserve interest rate rise.

News of a massive takeover offer for energy giant Santos has helped lift the share market.

Water Corporation staff and contractors working on a concrete water tank in the Wheatbelt region have potentially been exposed to deadly asbestos, the state government has confirmed.

Commonwealth Bank of Australia has joined Westpac in hiking interest rates for home owners.

Coles' food and liquor sales growth has eased further as the supermarket price war ramps up with German discounter Aldi's aggressive expansion.

The competition watchdog has given pay-TV giant Foxtel the thumbs up in its attempt to buy up to 15 per cent of Network Ten television.

BHP Billiton spin-off South32 aims to cut group costs by 25 per cent this financial year, as part of a broader target to strip costs amid a slump in commodities prices.

Shares in Santos have jumped after the struggling energy giant revealed it has rejected a $7.1 billion takeover bid this week.

The Australian share market has opened lower after a strong US dollar battered commodities' prices.