The Australian dollar has lifted against the greenback, which fell after weak US wage growth data raised concerns an expected Federal Reserve rate rise could be delayed.
The story of this reporting season will be a familiar one: companies with offshore earnings or exposed to the booming housing market doing well, while miners and the companies that service them suffer.
Australia's biggest lender to landlords has hiked interest rates for investors to meet the regulator's "speed limit", aimed at taking some of the heat out of the housing investment market.
The Dow has been dragged lower by weak Procter & Gamble results Thursday, but the Nasdaq gained as food giant Mondelez raised its forecast after better-than-expected earnings.
US stocks have risen after the Federal Reserve kept its benchmark interest rate at near-zero per cent and gave no fresh clues on the timing of a long-awaited rate hike.
AMP Bank has stopped lending to investors as mortgage brokers warn interest rate hikes for landlords could lock out first-time buyers, but lead to further discounts for owner occupiers.
Banking giant ANZ will pay an extra $500 a year to women employees with low superannuation balances in an effort to close the gender gap in retirement savings.
The big miners have led the way as the Australian share market recovered from early jitters to end a run of three straight losses and close the day higher.
The National Australia Bank has joined the Commonwealth Bank and ANZ Bank in raising the interest rates it charges property investors, following measures announced by the banking regulator.
Perth financial services provider Pioneer Credit has today reported its 2014-15 earnings are expected to exceed its $6.6 million forecast, and post an operating profit of $7.7 million.
The Commonwealth Bank has become the second major lender to lift the interest rates it charges property investors following an intervention by the banking regulator.
Local minerals explorer IMX Resources has announced plans to delist from the Toronto Stock Exchange due to a lack of demand for its shares in the Canadian market.