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Libs deny Barnett faces coup

Spanish infrastructure giant Ferrovial has begun overhauling the Broadspectrum board as its takeover of the detention centre operator nears completion, with Diane Smith-Gander to remain as chair.

The share market has fallen as the major banks gave up early gains and weaker commodity prices weighed on the resources sector.

A new global ranking says Sydney is the top city in Australasia for the ultra-wealthy, but despite being home to Australia's richest woman, Perth failed to rate a mention.

The Australian share market has opened slightly higher after a mixed overnight session on Wall Street.

Biggest deficit yet with little light in sight

The financial sector has driven the Australian share market lower after Westpac's shares traded ex-dividend.

The Australian Securities Exchange has confirmed plans to toughen its listing requirements to maintain the integrity of the market, including changes that will address what it says are emerging issues with backdoor listings.

The Australian share market has opened lower.

The Australian bourse has closed higher as energy and resources stocks lifted the market.

The Australian share market has opened more than one per cent higher.

The Australian share market has closed higher after a choppy session.

Lower iron ore prices and a stronger US dollar hit dual-listed Rio Tinto and BHP Billiton in London and the pair continued to suffer locally on Tuesday.

The Australian share market has closed higher following choppy trade driven by mixed economic signs.

The Australian share market has swapped the red for the green in choppy early trade as the major four banks, bar the ANZ, change direction and move into positive territory.

The share market has made a late surge to end the week with a modest gain, with industrial and retail stocks driving the turnaround from an early fall.

The Australian share market has opened one per cent lower, with wholesale losses across the board.

The Australian share market has edged higher as National Australia Bank's half-year earnings report met expectations and supported the banking sector.

The estate of the late mining billionaire Michael Wright has been ordered to slash its submission appealing the $25 million awarded to his youngest daughter, with a judge saying it needs some serious editing.

The Australian share market has opened flat.

The Australian share market has closed more than 1 per cent lower as weaker prices for iron ore and oil pulled back resources and energy stocks.

The Australian stock exchange is lower with falling bank shares dragging the market down.

The Australian share market has jumped nearly 2 per cent to a new high for 2016, boosted by investors looking for bargains among the big banks, and a cut to interest rates.

The Australian share market has opened lower.

The major banks have dragged the Australian share market lower after Westpac's half-yearly results missed expectations.

The Australian share market has opened lower.

The Australian share market has closed modestly higher, led by the banks, as investors await next week's RBA decision on interest rates and financial reports from three of the big four banks.

Broadspectrum shares have surged more than 30 per cent after the detention centre operator recommended the $769 million takeover bid it had previously rejected.

PHOTO ESSAY and MULTIMEDIA: Perth-based jewellers Linneys, Rohan Jewellery, Blennerhassett Fine Jewellers, and Vildosola Jewellery Atelier remain committed to local manufacturing, resisting the temptation to lower costs by shifting their operations offshore.

The Australian share market has opened lower.

The Australian share market has closed higher as a lift in iron ore futures in China boosted mining stocks, but market gains were curbed by the Bank of Japan's decision not to expand its economic stimulus policies.

Detention centre operator Broadspectrum faces an uncertain future as Papua New Guinea plans to shut down its Manus Island facility.