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.