Wall Street stocks have tumbled, snapping a two-day winning streak to close the first quarter on a sour note as volatility in equity markets stays high.
The Australian share market has rebounded on expectations of monetary easing in China, finishing the session strongly and posting an almost 9 per cent gain for the year's first three months.
The Australian dollar has shed almost one US cent amid a stronger US dollar and growing expectations of a rate cut when the Reserve Bank meets next week.
Prime Minister Tony Abbott has described it as a "conversation starter" but some issues in the government's tax discussion paper, released today, are already proving debate stoppers.
Doray Minerals will seek to raise a smaller-than-expected amount of capital for its second gold project following yesterday’s announcement the state would leave royalty payments unchanged.
Perth-based financial services firm Kikka Capital has partnered with a US financial technology firm to launch an Australian-first online lending platform aimed at small to medium-sized businesses,
Wall Street stocks have finished lower after positive economic data lifted speculation the US Federal Reserve could move more quickly to raise interest rates.
The Australian share market got to within five points of the 6,000 points mark on Monday but then fizzled out, with no major corporate or economic news to maintain momentum.