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Breaking news business

Newcrest FY output drops on Cadia hit

Gold and copper miner Newcrest Mining's full-year gold production is down 2.4 per cent on lower production at its Cadia mine which was closed following a quake.

Murray Goulburn cuts milk intake target

Troubled dairy processor Murray Goulburn has cut its expected milk intake for the 2018 financial year but has maintained its farmgate milk price guidance.

Westpac in talks for Hastings sale

Westpac is in discussions with property giant Charter Hall Group to sell its infrastructure investment business Hastings Management.

Stocks to watch

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International markets roundup

News from the world's major stock markets

Australian shares are set to open lower

The Australian share market is set to follow the lead of international markets and open lower amid a slump in commodity prices.

NSW leads, WA lags: state of states report

NSW continues to have the strongest performing economy in the country while WA is the weakest, the latest quarterly CommSec State of the States report says.

Soft opening for the ASX on Monday

Aaron Bunch Weak US and European markets coupled with a drop in oil will drive the ASX lower on Monday.

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