Today

7:55PM(AEST)

$3.4bn profit as ANZ waits for APRA to act

ANZ has disappointed the market with a $3.4 billion first-half profit but chief executive Shayne Elliott says the bank is now prepared for a sustained period of low credit growth. Read more

6:20PM(AEST)

RBA holds rates, mellows on household debt

The Reserve Bank of Australia's concerns about high levels of household debt appear to have mellowed following its stern warning to lenders and a tightening of rules on mortgage lending. Read more

6:06PM(AEST)

Meat prices make salmon a budget buy

More Australian consumers are turning to chicken and even salmon as beef and lamb prices remain high, Woolworths boss Brad Banducci says. Read more

6:05PM(AEST)

First shipment of medical cannabis arrives

Creso Pharma (ASX:CPH) has formalised an agreement with its partner in Australia, Health House International Pty Ltd, following Health House's successful import of the first medicinal cannabis products into Australia. Read more

5:39PM(AEST)

Woolies flags change in price-cut strategy

Shoppers can expect fewer specials and a higher number of regular low prices at Woolworths and Coles as both supermarkets flag identical strategies in the fight to lure each other's customers and fend off their discount rivals. Read more

4:50PM(AEST)

Primary Health appoints new CEO

Medical centres and pathology operator Primary Health Care has appointed former clinician Dr Malcolm Parmenter as chief executive to replace Peter Gregg. Read more

3:25PM(AEST)

China factory growth weakest in 7 months

China's factory sector lost momentum in April, with growth slowing to its weakest pace in seven months as domestic and export demand faltered and commodity prices fell, a private survey shows. Read more

1:04PM(AEST)

UK car production rises to 17-year high

British car production has risen to a 17-year high in the first three months of 2017, as rising overseas demand offsets weaker appetite from domestic car buyers, the country's automotive industry says. Read more

12:53PM(AEST)

Murray Goulburn to axe jobs, shut plants

Troubled milk processor Murray Goulburn will axe up to 360 jobs, close three processing facilities, take a $410 million hit from writedowns and restructuring initiatives, and suspend dividend payments as it endeavours to shore up its milk supply. Read more

12:48PM(AEST)

Political risk is insurers biggest concern

Political risk is the biggest concern this year for insurers globally, following several shock outcomes in 2016, a survey of insurers managing $US10 trillion ($A13.4 trillion) in assets shows. Read more

12:28PM(AEST)

Second Sydney Airport now a govt project

The federal government has confirmed it will build Sydney's second airport after the operator of the city main Kingsford Smith airport confirmed it will not take up an option to develop the project. Read more

12:13PM(AEST)

Consumer sentiment subdued ahead of Budget

Worries about future finances has continued to weigh on overall consumer confidence amid high household debt and low wage growth. Read more

11:04AM(AEST)

Amazon experiments with physical stores

Is the online giant of retail also looking to conquer physical stores? Read more

10:55AM(AEST)

High-tech stocks lead Asia share rally

Asian shares have advanced in early trade, helped by rising optimism on the technology industry and easing concerns over North Korea, while the dollar edged up to one-month high versus the yen. Read more

10:14AM(AEST)

Prairie Mining's Jan Karski scope positive

In the last six weeks, Prairie Mining's (ASX: PDZ) share price has increased 30% from 47 cents prior to the release of its Debiensko coking coal project scoping study to hit a high of 60 cents, but there appeared to be some profit-taking occurring last week as the company's shares closed at 52 cents on Friday. Read more

10:14AM(AEST)

Gruden Group teams up with PayPal

Market leading provider of digital transformation services, Gruden Group (ASX: GGL) has partnered with PayPal, the online global payment system which supports online money transfers and serves as an electronic alternative to traditional paper-based methods. Read more

10:14AM(AEST)

CIMIC wins $436m Hong Kong contract

CIMIC Group company, Leighton Asia, has been selected by the Government of the Hong Kong Special Administrative Region to construct the East Kowloon Cultural Centre. Read more

10:14AM(AEST)

Haoma has 462g/t tailings gold

Haoma Mining says physical gold recovered from a sample of its Bamboo Creek tailings in Western Australia calculates to a head grade of 462g/t gold. Read more

10:14AM(AEST)

TSN drops TSI India option agreement

TSN will not seek a further extension to the CX option agreement (expired April 30, 2017) to purchase the remaining 75% balance of TSI India. Read more

10:14AM(AEST)

PTX-200 secures orphan drug designation

US FDA has granted orphan drug designation for Prescient Therapeutics' PTX-200 for the treatment of acute myeloid leukemia (AML). Read more

10:14AM(AEST)

Auroch to start drilling in Portugal

Auroch Minerals NL (ASX: AUO) will start its initial exploration program at the Alcoutim project in Portugal, where it has the right to acquire an interest of up to 75%. Read more

10:14AM(AEST)

Trump aims to expand US offshore drilling

US president Donald Trump has signed an executive order to extend offshore oil and gas drilling to areas that have been off limits - a move meant to boost domestic production but which could fall flat due to weak industry demand for the acreage. Read more

10:14AM(AEST)

Hammer farms out Millennium project

Hammer Metals has farmed out its Millennium project to Global Energy Metals Corporation (GEMC). Read more

10:14AM(AEST)

Cycliq delivers strong revenue growth

Cycliq Group (ASX: CYQ) increased third quarter revenues 85%, with another seven separate distribution agreements and/or launches announced in April. Read more

10:14AM(AEST)

Living Cell completes Parkinson's trial

Living Cell Technologies has completed treatment of all six patients in the third and final group of patients in the phase IIb clinical trial of NTCELL for Parkinson's disease. Read more

8:13AM(AEST)

AAP Markets Report

INDEX LAST MOVE Read more

8:07AM(AEST)

Gold at 3-week low as US stocks climb

Gold prices have fallen one per cent to a three-week low, pressured by rising US stocks and an agreement that averted a US government shutdown. Read more

8:07AM(AEST)

Oil slips 1% on weak demand worries

Oil has slipped more than one per cent as rising crude output on Libya and the United States counters OPEC-led production cuts aimed at clearing a supply glut. Read more

7:30AM(AEST)

NZ dollar gains, snapping five-day slide

The New Zealand dollar rose, snapping a five-day decline, on the back of weaker-than-expected US manufacturing a construction data. Read more

7:30AM(AEST)

Apple, tech lift Wall St, Nasdaq at record

Wall Street has climbed, boosted by gains in Apple and other big tech stocks that more than offset weak economic data and pushed the Nasdaq Composite to another record high. Read more