Gold prices have fallen after the US Senate approved a budget blueprint that paves the way for tax cuts, causing stocks, the dollar and bond yields to rise.
Oil prices have risen slightly in see-saw trade, ending the week up on support from a sharp decline in Iraqi crude exports due to tensions in the Kurdistan region after contending with weak demand data.
The Australian share market index has closed at its highest level since May this year as the improved potential for US tax cuts and a turnaround in iron ore futures lifted sentiment.
The Australian share market has started lower with a dip in oil prices weighing on the local energy sector, as Wall Street closed flat after a dip in technology shares.
Income tax rises to save budgetPersonal income tax will hit a 20-year high of 12.5 per cent of GDP by 2020-21 under the budget forecasts as the government relies on bra
The share market has for a second consecutive day fallen back after breaking through 5,900 points, as significant falls by the big miners almost outweighed gains in most other market sectors.
The Australian share market has opened higher, with weakness in mining stocks tempering strength in financials and a strong lead-in from a record overnight close on Wall Street.
Origin offers WA gas discountsAustralia’s biggest energy provider is offering WA households up to 35 per cent off their gas bills in an attempt to land a knock-out blow
Oil prices settled slightly higher on Wednesday, with Brent touching three-week highs and then retreating after a surprising drop in U.S. refining rates and an unexpected build in fuel stocks signaled slower demand in the world's top oil consumer.
Gold fell for a third straight session on Wednesday on pressure from the U.S. dollar's gains for much of the session and amid speculation that the next chair of the Federal Reserve could be a policy hawk.
Australians shares have started marginally higher, as investors tread cautiously following falls in mining stocks and news that Rio Tinto has been charged with fraud.
Western Power eyes disruptionDisruptive technologies such as batteries and stand-alone power systems are likely to form a key part of Western Power’s investment over th
Oil prices ended little changed on Tuesday, steadying after earlier gains and losses, as expectations of high US production and exports offset concerns that fighting between Iraqi and Kurdish forces could threaten the country's crude output.
Gold prices fell to a one-week low on Tuesday on speculation that the eventual successor to US Federal Reserve Chair Janet Yellen will favour higher interest rates.
The Australian share market has opened higher following the lead from Wall Street, where major stock indices rose overnight, with the local market now at its highest level since May.
Power ‘guarantee’ to fix crisisEnergy retailers will be forced to buy a minimum amount of baseload power from coal, gas or hydro for every megawatt of renewable energy
Crude prices have risen one per cent as Iraqi forces entered the oil-rich city of Kirkuk, seizing territory from Kurdish fighters and briefly cutting some crude output from OPEC's second-largest producer.
Gold has turned lower, pressured by profit-taking after extending gains above the $US1,300 mark to a three-week high amid ongoing tensions over Iran and North Korea as well as recent weak US economic data.
MRA gives nod to REX plan for Elizabeth QuayThe Metropolitan Redevelopment Authority is understood to have given informal early approval to Brookfield’s cuttingedge $65
The Australian dollar has gained against its US counterpart, after the greenback slipped following a lower than expected US inflation report on Friday.
Oil prices on Friday closed at their highest level in October on bullish news from strong Chinese oil imports, U.S. President Donald Trump's decision not to certify that Iran is complying with a nuclear agreement and other tensions in the Middle East.
The Australian share market has closed at its highest level since June, with investors starting to find value after the local bourse suffered a period of underperforming compared with its global peers, and Chinese trade data boosting sentiment.
Labor vetoes ASIC chairThe Turnbull government is fuming over what it says is hypocrisy by Labor for vetoing the likely appointment of banker John O’Sullivan as the nex
Oil prices rebounded from early losses but ended lower after the Energy Department reported a larger-than-expected decline in US inventories and a falloff in weekly production on Thursday.
