AAP

The Australian dollar is weaker as iron ore prices fall and financial market volatility continues.

Wall Street has finished little changed after another rocky trading session, as the market weighed better US economic data against its fears over sluggish global growth.

Oil prices in New York have rebounded after briefly slipping below $US80 a barrel, as a mixed US crude inventory report spurred a rally.

Prices for gold and other precious metals have fallen, as a sell-off in equity markets pushes nervous investors into the US dollar amid global growth concerns.

The Australian share market has closed higher, finishing in positive territory despite falls among the miners and a dip early in the session.

James Packer says lucky high rollers and weak consumer confidence are hurting Crown's performance.

Supermarket giant Coles set aside one day a year called ‘‘profit day'' to extract improper payments from its suppliers, the competition regulator alleges.

Fortescue Metals Group's chief executive says the cost of iron ore will stay low until high-cost producers leave the market, and that was happening more slowly than expected.

Iluka Resources says it plans to re-start a Western Australian mine due to what it says is an improving mineral sands market.

The share market has opened 0.7 per cent lower after the most volatile day of trade on Wall Street in more than two years.

Woodside Petroleum has increased its full-year production guidance after a better-than-expected September quarter.

Oil prices have dropped again on rising fears that slowing economic growth will hit petroleum demand and further glut the market.

Gold prices have surged to a one-month high as jitters over the health of the global economy and steep losses in equities brought investors back into the arms of the haven asset.

US stocks have finished a turbulent day in the red, rallying somewhat from a huge midday drop spurred by worries over global economic weakness and the Ebola epidemic.

The Australian dollar has bounced back above 88 US cents following the release of disappointing economic data in the US.

The Western Australian premier has downplayed his verbal attack on BHP Billiton and Rio Tinto, claiming he never suggested the two mining giants were colluding.

Commonwealth Bank of Australia boss Ian Narev says says he is not worried by critics who "take pot shots" at the bank over its financial planning scandal.

The Australian share market has closed higher after disappointing Chinese inflation data fueled expectations more monetary easing was yet to come in the world's second largest economy.

Foreign buyers are flocking to buy Australian property, snapping up one out of every six new homes - and that number is set to get higher.

Climate experts have no doubt Australia has the highest per capita emissions in the developed world.

Prime Minister Tony Abbott has blasted the Australian National University's "stupid decision" to get rid of its fossil fuels share portfolio.

Consumers are starting to feel a little more optimistic, but confidence remains down in the dumps.

The Australian share market has opened higher on stronger iron ore prices and a positive production report from the world's second largest miner.

Rio Tinto has all but committed to keeping its August promise to hand over decent cash returns to shareholders despite a falling iron ore price.

Gold prices have hit a fresh four-week high, as investors rush into the metal amid gloomy economic data and turbulent stock markets in Europe and Asia.

US stocks have finished mixed following a round of mostly solid corporate earnings as the market shifted from a three-day slump.

US crude prices have plummeted nearly five per cent as the International Energy Agency slashed its oil demand forecast in light of slowing economic growth in Asia and Europe.

The Australian dollar has dipped lower after weak data out of the US, UK and Europe re-ignited concerns about global economic growth.

The Western Australian premier has again accused BHP Billiton and Rio Tinto of flooding a depressed iron ore market, putting further downward pressure on the commodity's price.

The Australian share market has rebounded as a surge in iron ore prices boosted the miners and bargain hunters piled into other sectors.

Shares in smaller iron ore miners, led by Mount Gibson Iron, have shot up after a jump in the price of Australia's largest export.

The federal government will spend $400 million on tax breaks for start-up companies and innovation centres in a bid to kick-start the economy.