The share market has been dragged lower by the big banks and miners, while internet provider TPG Telecom shone due to its $1.4 billion takeover deal with iiNet.
Wall Street stocks have snapped a two-day losing streak, surging after big US banks cleared Federal Reserve stress tests and the dollar retreated from a 12-year high.
The share market has enjoyed its best gains in almost a month due to jobs figures that were good, but not too good to scuttle an expected Reserve Bank rate cut.
The Australian Securities and Investments Commission has permanently banned former Patersons Securities WA state manager Lewis Fellowes from providing financial services after finding he had transferred about $1.5 million of clients’ funds into his own accounts.
The Australian dollar has hit a fresh six-year low as the weakest business confidence in almost two years reminds traders another interest rate cut is likely.
Wall Street stocks have notched solid gains following the launch of Apple's smartwatch and a General Motors announcement of $US5 billion ($A6.4 billion) in share buybacks.
One small step for National Australia Bank has become a giant leap for gender equality, after it became the latest company to offer lengthy paid parental leave to new dads.
The Australian share market has closed slightly lower after weaker iron ore prices weighed on the resources sector and investors await the release of jobs data in the US.
The Australian dollar has dropped back below 78 US cents following a surge in the greenback and suggestions that the Reserve Bank is willing and able to cut rates again.
