AAP

Gold prices have plunged more than four per cent to five-year lows as a sudden bout of selling across Shanghai and New York markets during the illiquid early Asian trading hours triggered a mini flash crash, deepening bullion's biggest rout in years.

The Australian dollar is lower against the greenback as traders look ahead to the release of minutes from the Reserve Bank of Australia's July meeting.

Embattled coal mogul Nathan Tinkler could be arrested after he failed to appear in an Adelaide court.

The share market has edged higher as gains in the financial sector helped to offset weakness among gold miners.

Australia's biggest banks will need to hold billions of dollars in extra capital against their home loans, following a move by the banking regulator to strengthen the country's financial system.

Treasurer Mike Nahan refuses to talk about changing the GST unless it means increasing his state's share of the revenue carve-up.

The Australian share market has opened flat.

The Australian dollar is lower against the greenback which has lifted after Greece revamped its government in an attempt to enforce conditions attached to a third debt bailout.

Gold has fallen to a five-year low, pressured by a strong US dollar and expectations for a US interest rate rise this year, and as China buys less than expected over the past six years.

The Australian share market ended Friday and the week flat after a recovery on the back of the Greek bailout agreement ran out of puff.

Falling oil prices have offset a ramp up in production by energy giant Santos, causing a 19 per cent slide in revenue.

The share market has opened slightly lower, with weakness in the resources sector outweighing gains in the financial sector.

Oil prices have traded mixed amid a stronger dollar and persistent worries about a global oversupply of crude.

The Nasdaq has vaulted to a new record high after a strong earnings report from Netflix helped spark a fairly broad rally led by technology stocks.

Gold fell to an eight month low after the US Federal Reserve's reiteration that interest rates were likely to rise this year pushed the US dollar index to a seven week high.

The Australian dollar is higher against a US dollar hit by softer than expected US economic data.

The Australian share market has closed higher, with a collective sigh of relief from investors after the Greek parliament approved that nation's bail-out conditions.

Rio Tinto has lowered its guidance for full-year iron ore shipments after bad weather hit its Pilbara operations.

Gas and energy giant Woodside Petroleum's revenue has been cut by 36 per cent as a result of sliding LNG prices.

The Australian share market has opened higher after the Greek parliament approved a harsh austerity bill demanded by its creditors.

US stocks have finished modestly lower, snapping a four-day winning streak after violent protests outside the Greek parliament revived anxiety about the eurozone.

The Australian dollar has fallen below 74 US cents after a surge in the greenback in overnight trade and falls in Chinese equity markets.

Gold prices have fallen to four-month lows, extending losses for a third session as Federal Reserve Chair Janet Yellen say the US central bank remains on track to raise interest rates this year.

The Australian share market has closed more than 1 per cent higher amid optimism around a resolution to the Greek debt crisis.

A former director of local gold mining company Northern Star Resources has narrowly avoided time behind bars for insider trading.

Live cattle exporters in Australia face uncertainty after Indonesia, which accounts for 60 per cent of the $1.2 billion trade, flagged an 80 per cent cut in its imports.

A blaze on the same model of bus involved in a spate of fires in Perth two years ago was an isolated incident, the Public Transport Authority says.

The Australian share market has opened higher.

Oil prices have risen as markets weighed the effects of Iran's deal with six world powers on curbing the Islamic republic's suspected ambitions for a nuclear bomb.

The Australian dollar is higher after the greenback weakened following the release of softer-than-expected US retail sales data.

Wall Street stocks have risen, with the Nasdaq leading the way following reports of a possible $US23 billion acquisition of chipmaker Micron and big gains by Google and others.

Gold has eased as the US dollar came off its lows and the market awaited Federal Reserve Chair Janet Yellen's semi-annual testimony to Congress on Wednesday and Thursday, which may provide more signals about a looming rate rise.