TO FINANCE, AND THE COMMUNICATIONS MINISTER MALCOLM TURNBULL WANTS THE NBN TO CONTINUE ROLLING OUT FIBRE WHILE A STRATEGIC REVIEW IS CARRIED OUT.

OUR BUSINESS EDITOR PETER RYAN SAYS HIS MAIN PRIORITY NOW WILL BE TO RECRUIT A NEW BOARD.

 

TO THE MARKETS...

 

WALL STREET CLOSED LOWER FOR THE FOURTH DAY IN A ROW WITH THE DOW SHEDDING 67 POINTS.

THE NASDAQ AND THE S-AND-P 500 WERE FLAT.

AND IN LONDON OVERNIGHT, THE FOOTSIE ENDED 14 POINTS LOWER.

TO COMMODITY PRICES -

WEST TEXAS CRUDE IS TRADING AT 103 U-S DOLLARS A BARREL.

TAPIS CRUDE IS TRADING AT 114 U-S DOLLARS A BARREL.

AND GOLD IS WORTH 1323 U-S DOLLARS AN OUNCE.

 

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