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Markets Live: Crown and Qantas results support ASX

Shares recoup early losses amid strong gains in Qantas, Crown and IAG, but big falls in miners as Rio trades ex-dividend still weigh on the index, while the dollar takes a whack from soft business investment numbers.

  • Business investment continues to sag, but economists say the latest data isn't quite as bad as it looks
  • Ahmed Fahour has resigned as Australia Post CEO following high-profile scrutiny of his pay packet
  • The Fair Work Commission cuts penalty rates for Sundays and public holidays in retail and hospitality
  • Qantas and Crown shares rise after earnings beat expectations, while Flight Centre sinks
  • All of today's earnings in the AFR's reporting season blog

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