AAP

Downer's share price has fallen after the company blamed a mining downturn for a 4 per cent slide in first-half profit.

The share market has opened weaker after a 10-day winning streak as oil prices fell.

US stocks have given up late gains after the European Central Bank put fresh pressure on Athens by lifting its waiver on the use of Greek bonds as collateral.

Gold prices have ended higher as investors hunker down for drawn-out debt negotiations with Greece, boosting demand for the precious metal as a haven asset.

The Australian dollar has come under pressure against a resurging greenback, amid sliding commodity prices and a retreat in risk appetite.

The share market has achieved its longest winning run in two years, with miners and energy stocks pushing it to a 10th straight day of gains.

Agricultural chemicals maker Nufarm's long serving chief executive Doug Rathbone has stepped down.

Liberal backbenchers aren't rushing to back a disgruntled colleague's call to dump Tony Abbott as leader next week, even after former Victorian premier Jeff Kennett described Mr Abbott's leadership as terminal.

Gold miner Ramelius Resources expects to return to profit due a higher gold price and increased production.

Two of the big four banks have passed on the Reserve Bank of Australia’s interest rate cut after Treasurer Joe Hockey demanded they do so immediately.

The Australian sharemarket is on track for a 10th straight day of gains, after opening sharply higher on the back of climbing oil prices.

The Australian dollar has recovered much of its losses suffered after plunging to near six-year lows following the Reserve Bank's decision to cut rates.

The Dow has gained more than 300 points as US stocks rallied on higher oil prices and greater optimism over a deal to renegotiate Greece's debt.

Gold prices have fallen, as hopes for an imminent resolution between the new Greek government and its creditors temper demand for the haven metal.

Oil prices have surged higher for a third straight day, hitting late-2014 peaks on hopes of rebounding global energy demand and production cuts that could curb the supply glut.

The share market hit its highest level since the GFC after the Reserve Bank cut interest rates to a new record low.

Beach Energy shares soared today after the Kerry Stokes-chaired Seven Group Holdings confirrmed it had acquired nearly 14 per cent of its stock.

The Reserve Bank of Australia has cut the cash rate to a record low of 2.25 per cent in an effort to boost economic growth.

Western Australian Premier Colin Barnett has defended Tony Abbott's leadership by taking a swipe at Joe Hockey.

Two men are dead after an explosion at a Perth shopping centre earlier today.

Two of Australia's largest property groups, Novion and Federation Centres, which together own 16 shopping centres in WA, say they will merge to create an $11 billion company.

Big business is likely to still be charged a levy from July 1 even though the Abbott government's more generous paid parental leave scheme has been shelved.

The Australian stock market is higher amid growing expectations the Reserve Bank of Australia will cut interest rates.

The Australian dollar has bounced ahead of Tuesday's highly anticipated interest rate decision, following weaker-than-expected data out of the US.

Wall Street stocks have finished a choppy day with strong gains led by petroleum-linked equities as oil prices rose again.

World oil prices have advanced following data that showed US oil companies cut drilling activity in response to low prices.

Gold futures have closed slightly lower after a volatile session that saw investors weigh higher oil prices against signs of weakness in the US economic recovery.

JB Hi-Fi announced a small slide in its first-half profit and forecast a flat full-year result, while outdoor clothing retailer Kathmandu lost a quarter of its market value after a warning of a first half loss led to a sharp drop in its share price.

The Australian share market has closed higher for an eighth session in a row as a lift in the price of oil boosted the energy sector, and investors speculated on a cut in the official interest rate on Tuesday.

New Westpac boss Brian Hartzer has stamped his authority in his first day as chief executive, in a shake-up that puts the potential Achilles heel of technology front and centre.

The Reserve Bank of Australia will want to keep its powder dry in case Australia's challenges build even further.

The share market has opened higher extending its winning run into an eighth day amid expectations of an interest rate cut.