Kiwi sheds a cent on Wheeler's words

Workers strike at Sydney's Barangaroo

More than 1000 workers have walked off the job, delaying construction at Sydney's Barangaroo development.

The share market is slightly higher at noon following positive data out of China.

The New Zealand dollar has shed almost a cent against the greenback after the Reserve Bank upped cash rates.

Macquarie Group has reconfirmed its full year profit forecast despite a disappointing first quarter.

The $A is higher, propelled by strong inflation figures and positive manufacturing data from China.

Newcrest has beaten gold and copper annual production targets but faces a $2.5 billion hit to mining assets.

South Korea has posted its slowest growth for a year in the second quarter after sluggish consumer spending.

Sydney has led a nationwide surge in median Australian house price growth in the three months to June.

Atlas Iron has planned to cut costs by up to nine per cent amid a slide in iron ore prices.

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Kiwi sheds a cent on Wheeler's words