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Markets Live: QBE leads ASX plunge

The sharemarket dives below the 5700-mark after another steep drop in oil sent the price of crude into a bear market and Wall St into reverse.

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MLC Centre, Sydney. Photos: Supplied

Dexus buys 50pc of MLC centre

Dexus will raise $550 million for the purchase of a stake in Sydney's tallest office tower and another two commercial property deals totalling $739 million.

Temple & Webster trims losses

Investors who bought shares in Temple & Webster, dubbed the worst float of 2016, may finally see some light.

Turnbull keeps coal in the energy mix

The government will restrict gas exports, abolish a mechanism used to set high electricity prices, and possibly build its own power plants.

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