AAP

The Australian share market slumped to its lowest level since January with sentiment about both the local and global economy poor.

Australia's economy has grown by a better than expected 0.9 per cent in the first three months of 2015, helped by strong exports and home building activity.

Prominent Western Australian Labor MP Ken Travers has quit the shadow cabinet, citing personal reasons.

Newcrest Mining has undergone its second management shake up in a year, with two key executives departing.

Australians and the economy would be the loser if resources companies cut back on production to boost commodity prices, says BHP Billiton chief executive Andrew Mackenzie.

The Australian share market is weaker, following falls on Wall Street overnight.

Gold edged higher after the release of disappointing US economic data and as uncertainty persisted over whether a high-level meeting on Greece's debt crisis might lead to a significant breakthrough.

The Australian dollar hit a one week high on expectations the Reserve Bank won't be raising its interest rate any time soon.

US stocks have finished lower in choppy trade, following European equities downward after a senior EU official complained of slow progress in talks to avoid of Greek debt default.

A sharp fall in the US dollar on improved eurozone economic data sent New York oil prices to fresh 2015 highs, even as officials at OPEC defended their generous output strategy.

The share market fell heavily again, its fourth day of losses in the past five.

A charter plane carrying 87 people has been forced to make an early landing near Tom Price in Western Australia's Pilbara region after fears of fumes filling the cabin.

There was no explicit pointer to another interest rate cut by the Reserve Bank of Australia after its policy meeting today, where it announced it would keep the cash rate at an all-time low of 2 per cent.

A federal government proposal to impose a $5 co-payment for prescription drugs remains on the table.

The Australian share market has had a flat open after a modestly strong lead from Wall Street.

The Australian dollar fell to a seven week low after strong US manufacturing figures gave the greenback a boost.

Gold was little changed on Monday, giving up gains as the dollar rallied after the precious metal was initially buoyed by an unexpected stall in US consumer spending and comments on interest rates from a Federal Reserve's official.

US stocks rose as a busy week of economic news kicked off with Intel's announcement it will buy rival chipmaker Altera for $US16.7 billion ($A21.95 billion).

Oil prices have dipped as the US dollar strengthened and the market looked ahead to an OPEC meeting expected to keep output high.

The Australian share market has made its best single-day gain in a month as investors snapped up beaten-down stocks.

Evolution Mining is set to become Australia's second largest gold producer after successfully raising funds to buy a NSW gold mine.

More than 50 shipbuilding workers have protested at a marine servicing base in Henderson, demanding a local build for the federal government's $20 billion submarine procurement project.

Gina Rinehart's estranged son has no doubt his mother will appeal a court ruling that stripped her of control of the family's multi-billion dollar trust.

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

Gold prices have inched higher after hitting a two and a half week low on Thursday as the US dollar and global shares fell amid uncertainty about Greece staying in the euro zone.

The release of weaker than expected Australian business investment data has pushed the local currency to a six week low.

Wall Street stocks have dipped, following leading eurozone equity markets lower on worries about a potential Greek exit from the currency bloc.

Oil prices have risen modestly after a mixed US petroleum report showed declines in crude and petrol inventories that were larger than expected and a rise in crude production.

The Australian share market has closed lower after the release of worse than expected capital expenditure figures.

The AIMS Financial Group has agreed to buy troubled stockbroker BBY and intends to operate the firm as a standalone entity.

Mining magnate Gina Rinehart has retained her place as Australia's wealthiest person in the BRW rich list, but her wealth will take a hit of up to $5 billion after her eldest daughter was awarded control of a family trust following a long-running legal battle.

Woolworths has signed up Telstra to help the retail giant offer mobile services direct to its customers.