AAP

Uncertainty about Greece's emergency debt talks has driven the Australian share market 1.5 per cent lower.

The state opposition has reshuffled its shadow cabinet, prompted by Ken Travers moving from transport spokesman to the backbench.

Bradken has received a merger offer from the Chilean consortium providing a $70 million lifeline to the troubled mining services provider.

Western Australia's Supreme Court is stretched to its limit, with case work surging, but there aren't enough judges.

Australia Post will spend up to $190 million on staff redundancies as it attempts to stem the bleeding from its declining mail business.

The Australian share market has taken a solid fall, after US and European markets lost ground overnight.

Gold eased for the fifth straight session as traders awaited further news on Greece's negotiations with its creditors, while caution over the metal's longer-term outlook weighed on interest.

Health stocks have soared after the Supreme Court upheld a key provision of President Barack Obama's health care reform, but the broader market has fallen on worries of a Greek default.

Oil prices have fallen as traders kept an eye on Greece's prolonged negotiations with creditors to avoid a debt default and possible exit from the eurozone.

The Australian dollar is slightly higher against the greenback which was little moved overnight after the release of mixed US data and no progress in Greece debt talks.

A four-day run of gains ended on the Australian share market with investors spooked by Greece's lack of a resolution with its creditors.

More than 94 per cent of Atlas Iron shareholders have voted in favour of the company's proposed $180 million capital raising, which is designed to ensure its longer-term viability.

Mining magnate Gina Rinehart wants employees at her Roy Hill iron ore project in Western Australia to accept pay cuts so job losses can be avoided.

3D Medical has won a contract to produce more prosthetic jaws, following the recent successful implant of a custom-made 3D-printed titanium jaw joint in a patient.

The federal government is set to launch a major shape-up of the life insurance industry, a sector the corporate supervisor believes is dogged by bad advice and high commissions.

The Australian share market has opened lower as cautious traders await news from Greece.

Gold prices fell for the fourth straight session to a two-week low as traders awaited news on Greece's negotiations with its international lenders to avoid default.

US stocks followed European equity markets lower, dropping sharply on signs of fresh tension during talks between Greece and its international creditors aimed at preventing a Greek debt default.

Oil prices have fallen as the weekly US industry report showed domestic output still high and commercial fuel inventories generous.

The Australian dollar is lower after the attention of global markets remained on Greece and its long-running debt negotiations, which stalled again overnight.

The Australian share market has closed slightly better than flat as a rise in overseas markets reflected optimism about a bail-out deal for debt-ridden Greece.

Treasurer Joe Hockey believes joining the Asian Infrastructure Investment Bank will provide massive new opportunities for Australia.

Shares in Myer have risen on news the troubled department store chain has refinanced its $600 million debt arrangements.

Atlas Iron is confident of operating through another iron ore price rout after locking in forward sales above its break-even costs.

The Australian share market is mostly flat after US stocks only had a slight rise while traders waited for the outcome of the Greek debt negotiations.

Gold prices have eased as the euro slid sharply against the US dollar, and as stock markets rallied on hopes that Greece would reach a deal with its creditors to stave off default.

Oil prices have climbed lifted by expectations of a further decline in US inventories and positive data in the eurozone that could signal stronger demand.

US stocks scored modest gains amid positive US and eurozone data as investors kept a wait-and-see attitude on Greece's potential debt deal.

The Australian dollar has nudged lower against a firmer greenback following the release of positive US housing data and comments from the US Federal Reserve.

Australian shares notched up a third consecutive day of gains on global optimism about the Greek government striking a debt bailout deal to avoid leaving the eurozone.

The state government has stopped funding the only part of its shark hazard mitigation strategy that makes sense, the state opposition and Greens say.

Federal Labor has agreed to back what it once labelled Tony Abbott's bowser bandit tax by reversing its opposition to indexation of the fuel excise.