The Australian dollar has soared passed 80 US cents for the first time in over two years as diminished expectations for rate hikes in the US dented the greenback. The share market also rose as stronger iron ore and copper prices boosted mining stocks.
The Australian dollar has strongly rebounded against the greenback, hitting 80.06 US cents, on the back of a collapse in the US dollar, while the local share market has opened higher.
Doctor perks crackdownThe State Government and the health lobby are on a collision course over an urgent review of doctors’ acceptance of gifts and travel from pharmace
Oil prices have risen to near eight-week highs, with Brent crude futures above $US50 a barrel, as a much steeper than expected decline in US inventories encouraged hopes the global crude glut would recede.
Gold has jumped 1 per cent to a six-week high on Wednesday, after the US Federal Reserve said it would start to wind down its massive holdings of bonds "relatively soon," pushing the dollar lower.
Canavan’s arrivederci to Turnbull ministryNationals senator and Minister for Resources and Northern Australia Matt Canavan has resigned from cabinet after discovering h
Oil rose 3.3 per cent on Tuesday to the highest close in more than a month, a day after US oil producer Anadarko said it would cut capital spending plans and Saudi Arabia vowed to reduce crude exports to help curb global oversupply.
Fleetwood Corporation has adopted a new constitution that will make it easier for it to pay dividends, after pressure was applied by an activist shareholder group earlier this year.
The Australian share market has closed higher as bargain-hunting investors ignored a mixed lead from US markets and lifted most stocks across the board.
The Australian share market has lifted in early trade, bouncing back from its previous session's losses, with investors also shrugging off mixed results on Wall Street overnight.
HBF to close branches in cost-cutting moveHBF is closing three of its 20 branches and dumping its longrunning hospital liaison service as part of new chief John Van Der
Oil has risen more than 1 per cent, after leading OPEC producer Saudi Arabia pledged to cut exports in August to help reduce the global crude glut, and Halliburton Co's executive chairman said the US shale drilling boom would probably ease next year.
Gold prices have pared gains as the US dollar has turned slightly higher, after bullion rose to a one-month high as political turmoil in the United States boosted sentiment ahead of a Federal Reserve monetary policy meeting this week.
The Australian share market has opened sharply lower, dragged down by the big four banks and the energy sector on the back of a steep slump in commodity prices.
WA pastoralists keen on carbon-farming schemePastoralists have called on the State Government to help them take part in a Federal Government carbon-farming scheme that could be worth hundr
The Australian dollar has been an underperformer but is still slightly higher against its US counterpart which has fallen amid a sharp slump in oil prices.
Oil prices have slid, settling about 2.5 per cent lower after a consultancy forecast a rise in OPEC production for July despite the group's pledge to curb output, reigniting concerns the global market will stay awash with crude.
Gold has been pushing to its biggest weekly gain in two months as a surging euro dragged the US dollar to its weakest since June 2016, making bullion cheaper for holders of other currencies.
The Australian share market has closed lower as investors took profits, and the Australian dollar has retreated as Reserve Bank of Australia deputy governor Guy Debelle hosed down speculation that the RBA was moving towards hiking interest rates.
Building products company CSR has closed its Jandakot glass factory resulting in the loss of 58 jobs, though growth by competitors including Walshs Glass and Tough Glass will mitigate the impact.
Retirement fees to be probedA barrage of complaints by WA seniors who feel they are being ripped off by retirement villages will be scrutinised by State Government inve
The Australian dollar has held on to gains after it received a boost from the latest employment numbers which showed another rise in full-time employment.
Oil settled lower in choppy trading, as nagging worries about abundant global crude supplies sank prices after an early rally boosted Brent above $50 per barrel for the first time since June 7.
Gold prices rose to a three-week high after European Central Bank President Mario Draghi said ECB policymakers would discuss potential changes to the bank's bond-buying scheme in the autumn, lifting the euro to a 14-month high.
