The share market has retreated from promising early gains to close only marginally higher as investors continued to sell stocks in some of the big banks.
The Australian share market has closed around 1 per cent lower as investors consider the timing of the next rise in US interest rates and reposition their portfolios ahead of the Easter break.
The Australian market is trading lower after a lacklustre lead from Wall Street after suicide bomb attacks in Brussels prompted a drop in key US travel stocks.
The chief executive of share market operator ASX, Elmer Funke Kupper, has resigned effective immediately over bribery allegations involving his former employer Tabcorp.
The Australian share market has picked up from the positive momentum of the previous session, taking cues from Wall Street and from gains in oil and metals prices.
The Australian share market has lifted by nearly 1 per cent, after the US Federal Reserve left its key interest rates unchanged and Australia's unemployment rate fell to 5.8 per cent.
The sale of the former Swan District Hospital site moved a step forward today as the state government opened expressions of interest in the old hospital as part of its land asset sales program.
Broadspectrum's chair says she has been shocked by personal attacks on her arising from her company's involvement in asylum-seeker detention centres in Nauru and on Manus Island.
The Reserve Bank of Australia has put a positive spin on the local jobs outlook, but says another rate cut could be on the cards because of weak inflation.
