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Wall Street ended higher after an OPEC agreement to limit crude output fuelled a rally in oil and more than offset nervousness about a tight race for the US presidency.

The Australian dollar is edging up against the greenback after OPEC producers agreed to cut output.

Oil prices have settled up nearly six per cent after OPEC struck a deal to limit crude output at its policy meeting in November, its first agreement to cut production since 2008 and after the market crashed on oversupply.

Gold prices have fallen for the second straight day and hit a one-week low, pressured by earlier strength in the US dollar and as investors assessed Federal Reserve Chair Janet Yellen's testimony before a congressional committee.

Extra tax perks to boost R&DBigger businesses will be eligible for millions in extra tax incentives under a plan that would extend the government’s innovation agenda w

The share market has closed slightly higher after slipping from its early gains.

The Australian share market has opened slightly higher.

Crude oil futures ended the session giving back most of what they gained the previous day.

Gold has fallen as the US dollar and stocks gained ground on the view that Democratic US presidential candidate Hillary Clinton got the better of Republican rival Donald Trump in their first debate, denting the safe-haven appeal of bullion and bonds.

The Australian dollar is slightly weaker against its US counterpart after the greenback rose following the first US presidential debate.

Tourism slams departure tax slugAn angry tourism sector is unhappy the government has increased the departure tax – which already raises $1 billion a year – to help fund a

The Australian share market has finished lower, however it did claw back some earlier losses following signs Hillary Clinton may be leading Donald Trump after the first US presidential candidate debate.

The Australian share market has opened lower.

The Australian dollar has gained against the US dollar as investors await the US presidential debate with Republican candidate Donald Trump and Democrats Hilary Clinton.

Oil has settled up three per cent as the world's largest producers gathered in Algeria to discuss ways to support prices, with nervous trade driving volatility to its highest since a similar meeting to freeze output in April in Doha which failed.

Gold has steadied, after a retreat in the US dollar helped it build on last week's gains but moves were muted with markets awaiting a US presidential debate for pointers as to the outcome of November's election.

Labor says bank profits are too highFederal Labor MP Pat Conroy will demand to know why Australian banks have higher returns on equity than those in other countries when h

Australian shares have ended the week in positive territory after a strong US market pushed local stocks to a fourth consecutive day of gains.

ASX boss Dominic Stevens has apologised for the "unacceptable" outage that stopped trading on the Australian stock market on Monday but defended its handling of the situation.

State government gaming agency Lotterywest has beaten its revenue budget and grabbed its biggest share of spending per capita for three years, but it continues to watch the threat of online gambling and other web-based gaming products from outside Western Australia.

The Australian share market has opened slightly higher, taking cues from steady gains on Wall Street a day after the US Federal Reserve's decision to hold interest rates.

US stocks have climbed, with big tech names leading broad gains, building on strength from a day earlier that was fuelled by the Federal Reserve's decision to stand pat on interest rates.

Gold prices rose to a two-week high after the US Federal Reserve's decision to keep interest rates on hold sent the dollar to its lowest level since the start of last week.

The Australian dollar has fallen against the greenback, but is set to test the 77 US cent level on the back of the US interest rate hold.

Lowe: RBA can only do so muchReserve Bank of Australia governor Philip Lowe has thrown responsibility for the nation’s biggest economic challenges – including low wage gro

The share market has posted a third straight day of gains as major central banks leave their interest settings unchanged to help stimulate economic growth.

Indian business couple Pankaj and Radhika Oswal are "very satisfied" with a commercial settlement with the ANZ Banking Group believed to be worth hundreds of millions following their high profile legal dispute.

The stock market has opened 46.3pts higher to 5,385.9.

US stocks have rallied and the US dollar index eased further after the US Federal Reserve left interest rates unchanged, keeping its low-rate environment intact for now.

The Australian dollar has bounced after the US dollar fell as the Federal Reserve downgraded its rate projections.

NBN fees to force telcos out of businessExcessive fees charged by NBN Co are forcing small and medium telecommunication companies to raise their prices or

The share market has closed higher, along with other Asian markets, after the Bank of Japan kept its benchmark interest rate at minus 0.1 per cent.