And oil prices have jumped after Donald Trump suggested there’s no immediate end to the blockade of the Strait of Hormuz.
The drop follows lack of tax changes since 2010.
Buyer is obscure Liechtenstein insurance group.
Was the market regulators' banking review toothless?
Watch Grant Walker's video of today's top stories.
Deal includes option to develop online gaming business in Northern Territories.
An OCR cut is becoming less likely.
Her story about ex-Fletcher’s boss’s abusive internal email was the “standout news story of the year.”
Reserve Bank says it wants to 'contribute to maximising sustainable employment.'
Market surge gathers momentum as Attorney General Jeff Sessions resigns.