AAP

The Australian share market has opened nearly one per cent higher.

The Australian dollar has fallen to a fresh three-year low as strong US economic data raised the possibility the Federal Reserve will start winding down its economic stimulus program soon.

US stocks have rallied on strong economic data from China, Europe and the United States, pushing the S&P 500 to an all-time closing high.

Andrew Forrest has condemned the naysayers who have declared China's and Australia's economic boom is all but over.

The share market has edged higher despite the negative impact of speculation banks could be hit with a deposit levy.

Debt-laden Elders has sold its car interiors business Futuris Automotive to a US private equity firm for $69 million.

Another cut to interest rates may not help the economy, but it won't hurt it either, the boss of National Australia Bank says.

Treated waste water from toilets, showers and washing machines will be pumped back into the state's water system following a three-year trial.

Finance Minister Penny Wong has declined to say whether or not the government plans to impose a deposit levy on banks, despite a fall in share market values.

Export and import prices fell by exactly the same margin in the June quarter.

Treasurer Chris Bowen says a substantial hike in tobacco excise to raise $5.3 billion for the federal coffers will contribute to the government's planned return to a budget surplus, but more import

The Western Australian opposition has launched a website dedicated to Premier Colin Barnett's broken election promises after he said he didn't believe the community paid much attention to them.

The Australian share market has opened approaching half a per cent higher.

The Australian dollar is slightly lower after good US economic data and a Federal Reserve announcement pulled the currency in opposite directions.

US stocks have ended mixed after a busy day of news that included a policy statement from the Federal Reserve and a mixed report on US economic growth.

The Australian dollar is lower following a dovish speech by Reserve Bank boss Glenn Stevens that hinted at another rate cut next week.

The Australian share market has edged higher as investors react to positive news out of China and uncertainty in the United States.

The federal government has eased concerns it was about to plunder the superannuation savings system to help plug financial holes in the budget.

Australian stocks are higher as the market reacts to heightened expectations of an interest rate cut in August.

The Australian dollar has held its ground in offshore trade after suffering a big fall on Tuesday.

US stocks have closed mostly flat, except for Nasdaq's solid gain, as investors await the outcome of a Federal Reserve monetary policy meeting.

The Australian dollar is lower after Reserve Bank governor Glenn Stevens hinted there could be another cash rate cut next week.

The Australian share market has closed flat after light and lacklustre trading as hints of a cash rate cut next week by the Reserve Bank failed to spark major moves.

Australia's top central banker has hinted that interest rates could be cut again to boost business confidence.

The property industry has welcomed the state government's plan to halve the number of metropolitan local government areas, saying larger councils would result in a more robust planning and approval

Approvals for the construction of new homes fell 6.9 per cent across Australia in June, official figures show.

Retail giant Woolworths grew sales by 4.3 per cent to more than $59 billion last financial year.

The Australian share market is slightly lower in early trading as investors await a key economic meeting and the release of data in the United States later this week.

Earthmoving equipment supplier Emeco is searching for a new chief executive after Keith Gordon decided to step down.

Australia may be heading towards softer economic growth with interest rates falling to record lows and resources construction activity expected to peak soon.

The Australian dollar is a third of a US cent lower as traders play it safe ahead of the crucial US Federal Reserve meeting later in the week.

US stocks have fallen ahead of a busy week of economic news that includes a Federal Reserve monetary policy meeting and the monthly jobs report.