Gold rose on Friday and was set to end the week little changed as the sudden sacking of the head of the FBI in the United States stoked investor concerns and boosted demand for bullion, and the U.S. dollar and Treasury yields fell.
‘Fairness’ budget gets poll boostThe Turnbull government has received a boost in support and voters have applauded its big tax increases and spending measures, accordin
Oil prices settled slightly higher on Friday as lower U.S. crude inventories and increasing support for continued OPEC-led production cuts inspired hope that the global supply glut can be reduced.
The share market ended the day steady after early gains by the big four banks evaporated in afternoon trade, and miners fall on weaker iron ore futures.
The construction union and seven of its officials, including Joe McDonald and Mick Buchan, have incurred penalties totalling $277,000 for unlawful blockades of the Perth Children’s Hospital site.
The Australian share market has recovered from a poor start to close higher, but most of the big banks still face some pressure after the Turnbull government's budget announcement of a $6.2 billion levy.
Perth Lord Mayor Lisa Scaffidi has accused the premier and opposition leader of political interference in a legal process after they demanded her resignation over serious breaches of local government laws.
The Australian share market has opened lower with the major banks leading losses after the federal budget revealed a levy on the big four banks and Macquarie.
The Australian share market has closed around 0.5 per cent lower, led downwards by the big banks, as investors fear that the federal government will introduce a new tax on banks in tonight's federa
Heavy falls by the big four banks have helped pull Australia's share market lower in early trade with the Commonwealth Bank's trading update underwhelming and speculation the federal budget could impose bank another levy.
Western Australian conglomerate Wesfarmers has paid tribute to its former chief executive John Bennison, who led the business as it transitioned from an agricultural cooperative to a listed industrial company.
The Australian share market has started the session strongly with investors returning to the market in force after Emmanuel Macron's election as French president and a rebound in US jobs growth.
The share market has closed lower for a fourth consecutive session on the back of sliding commodity prices with an iron ore slump weighing on the local currency.
The Australian share market has continued its downward move in early trade, with steep losses in the mining and energy sectors offsetting a bounce in financial stocks.
The Australian share market has opened lower for a third straight session, hurt by mining and financial stocks, with National Australia Bank reporting interim results broadly in-line with market ex
Budget to quell Labor’s MediscareThe four-year freeze on Medicare rebates will finally lift this July for some GP visits, and extend to specialists and
Oil prices have settled slightly higher after a choppy trading session as the market digested US government data showing that while there were signs a crude glut may be receding, inventories remained large with petrol demand weak.
Gold has fallen to a one-month low as the US dollar firmed, after the US Federal Reserve kept interest rates unchanged as expected and the market reduced expectations of a surprise win by France's far-right presidential candidate.
