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Aussie's US80¢ foray proves brief

The Australian dollar nudged above US80c before dropping back following GDP.

A foray over US80¢ for the Australian dollar proved to be short-lived, with traders expressing their disappointment in second-quarter GDP data on Wednesday by selling the currency.

We're not a Liddell bit closer to good energy policy

The cost of renewables technology is coming down, but coal is not.

Exactly who is looking after the national interest when it comes to the environment or energy security? Is it Prime Minister Malcolm Turnbull or Andy Vesey - the bloke who runs one of the nation's largest energy suppliers, AGL?

Markets Live: Twenty six years of growth

Shares are battling back from early losses.

Shares lurch back from early, Wall St-inspired losses, while ABS GDP data comes in slightly below expectations but stamps 26 years without a formal recession.

Lisa Scaffidi 'embarrassing' herself by staying put

Lisa Scaffidi has remained silent since the SAT decision against her.

WA Premier Mark McGowan said Perth Lord Mayor Lisa Scaffidi is embarrassing herself by vowing to fight her 18-month disqualification from public office for repeatedly failing to disclose gifts and travel.

Toll holiday on Sydney's widened M4 costs $15 million

Congestion on Parramatta Road has worsened since tolls were reintroduced to a section of the M4 motorway.

The month-long toll holiday for motorists on a widened section of Sydney's M4 motorway cost the state government $15 million in compensation payments to the corporation it set up to deliver the WestConnex motorway project.

Spring sale: Ex-McGrath agents in $16m stock selloff

Sydney real estate agent John McGrath

The real estate industry's all important Spring sales season has begun and the biggest listing has just hit the market. It has no rooms, no bathrooms, or parking, and is yours for just $16 million (subject to negotiation).