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Gold rose above $US1,200 an ounce on Thursday, its biggest increase in almost a month, as the US dollar slid the day after the Federal Reserve indicated that interest rates may rise more slowly than many had expected.
The Nasdaq has powered to a fresh record, easily topping the prior all-time high in a broad rally that withstood signs that a Greek debt default could be moving closer.
More than 37,000 Cash Converters customers who claimed they were charged excessive interest on short-term loans will get refunds after a multi-million dollar class action was settled out of court.
The federal government plans to use $800 million previously earmarked for Queensland infrastructure to develop Western Australia and Northern Territory projects as well.
A damning report detailing corruption in the state authority tasked with prosecuting such misconduct is a reminder of the importance of oversight, an upper house MP says.
Member for Perth Alannah MacTiernan has accused the federal and Western Australian governments of trying to prevent scrutiny of the $1.6 billion Perth Freight Link.
Gold prices turned higher after the Federal Reserve said the US economy is likely to be strong enough to support an interest rate increase by the end of 2015.
Wall Street stocks have risen after the US Federal Reserve kept its near-zero benchmark interest rate unchanged and Chair Janet Yellen pledged a methodical approach to raising rates.
The Australian dollar is higher, buoyed by weakness in the US dollar which fell after the US Federal Reserve's meeting failed to spell out the timing of an interest rate hike.
Cash Converters International is close to settling a class action launched by customers who claimed they were charged excessive levels of interest and fees on personal loans.
Woolworths's $3 billion bid to take Bunnings down a peg with its Masters hardware chain could come to an early end following the sudden resignation of the retailer's chief executive, Grant O'Brien.
US stocks have snapped a two-day losing streak, finishing solidly higher ahead of a Federal Reserve policy announcement expected to shed light on the timing of interest rate hikes.