AAP

Frank Lowy's Westfield Corporation expects to decide on an offshore stock market listing for the international shopping mall giant by early 2016.

A no-fault catastrophic motor vehicle injury insurance scheme will be introduced in Western Australia on July 1.

The stock market has started the day weaker following a strong rally in the Australian dollar and the continued selloff in bonds globally.

Gold prices have jumped two per cent, rising well above $US1,200 an ounce to a five-week high as US the dollar hit a three-month low after disappointing US employment data.

The Australian dollar has surged past 81 US cents to an almost four month high on speculation the Federal Reserve could delay raising its interest rate.

Wall Street stocks have finished little changed in choppy trade following a lacklustre US retail sales report and disappointing earnings from Macy's.

Global oil prices have dipped despite a much bigger-than-expected decline in US crude inventories, as a slowdown at refineries raised concerns about the strength of demand.

The share market has rallied on the back of a positive federal budget, with retail stocks leading the way.

Troubled department store Myer has delivered some good news to investors with a solid lift in third quarter sales.

Toll Holdings' shareholders have overwhelmingly backed a Japanese takeover of the Australian logistics company.

Fortescue Metals Group is cutting up to 100 jobs a day, founder Andrew Forrest has confirmed.

Federal Labor says the government has broken a pre-election promise to deliver the national broadband network to all Australians by the end of 2016.

The Australian share market has opened higher, getting a boost from strong gains in retail stocks.

Gold prices rose up to one per cent as the US dollar and European shares suffered from a sell-off in global bond markets.

The Australian dollar is higher after there was a positive reaction to Tuesday night's federal budget.

Global oil prices have climbed, getting a boost from a weaker dollar as traders awaited the latest US crude-oil inventories report.

Wall Street stocks have finished lower as worries over higher US Treasury bond yields offset Verizon's $US4.4 billion ($A5.58 billion) takeover of AOL.

The share market has closed higher after five consecutive sessions of heavy losses.

A research centre linked to controversial Danish academic Bjorn Lomborg was to have been placed in the University of Western Australia through a "corrupt" process initiated by the prime minister's office, parliament has been told.

Western Australian Premier Colin Barnett has flagged unexpected asset sales in this week's state budget.

Shares in Qantas have jumped more than 9 per cent after the airline flagged $2 billion in benefits from improvements to its business.

Joe Hockey strode into Parliament House in a buoyant mood just hours before delivering a budget that could determine his political fortunes and those of the government.

The Australian share market has opened higher, despite a weak lead from Wall Street.

Gold eased on Monday as the impact of a rebounding US dollar, bolstered by persistent concern about future Greek debt payments, outweighed US data supporting bets the Federal Reserve will not raise rates until late 2015.

The Australian dollar remains under pressure from the People's Bank of China's (PBoC) third interest rate cut in six months.

Oil prices have dipped as worries about oversupply return to the forefront with US data suggesting petroleum drilling is picking up in some areas.

US stocks have finished lower, snapping a two-day surge in equities as investors eyed tough negotiations between Greece and international creditors.

The Australian share market gave up its early gains to close lower, and has not had a positive day in a week.

The Australian share market has opened higher, following gains on Wall Street at the end of last week.

Gold edged higher on Friday, snapping two days of losses, as revisions to US payrolls data supported speculation that the Federal Reserve may hold off raising interest rates in the immediate future.

The Australian dollar is higher after the release of solidy US employment figures as traders wait for the release of local economic data on Monday.

The share market has finished weaker for the third straight day as the Reserve Bank's monetary policy statement took the shine off banking stocks and falling crude oil prices belted energy stocks.