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Gold prices have firmed, rebounding from a three-and-a-half-month low as the USdollar softened, while investors remained cautious ahead of Greece's referendum on an international bailout deal.
Qantas is sharing the spoils of its estimated $1.6 billion dollar turnaround by paying $90 million in bonuses to staff who've taken an 18-month pay freeze.
Oil prices have changed little, a day after precipitous falls, as traders worried about a global glut and the first rise in the US oil-rig count this year.
Wall Street stocks have closed a holiday-shortened week slightly lower following a mixed US jobs report and as investors awaited Greece's weekend referendum over its economic fate.
Gold has rebounded slightly from an earlier three-and-a-half-month low after data showed the US labour market was weaker in June than expected, indicating that the Federal Reserve may hold off from raising interest rates in September.
Rio Tinto chief executive Sam Walsh has shrugged off pessimistic iron ore forecasts, saying there will be a happy ending for the steel-making commodity.
Gold has fallen, as the US dollar strengthens and hopes for progress in the Greek crisis revive after the country told international creditors Athens could accept their bailout offer if some conditions were changed.
Oil prices have rebounded as Iran and six major powers extended a deadline for reaching a nuclear deal that could add Iranian oil to an oversupplied global market.
The Australian dollar is higher against the greenback which rose overnight as Greece scrambled to avoid a debt default and possible exit from the eurozone.
Gold prices have fallen as the prospect that Greece will default on a repayment to the International Monetary Fund knocked the euro against the US dollar, and as investors remain wary over the metal's longer-term prospects.
Coles will refund more than $12 million to small suppliers, on top of paying a $10 million court-ordered penalty for illegally squeezing them for funds.
The consumer watchdog has recommended new reporting conditions to ensure Telstra doesn't have an actual or perceived competitive advantage as it works with NBN Co.