Santa may come early for shoppers if the department store chains decide to bring forward their end-of-year clearance sales after weeks of patchy trading

Treasury Joe Hockey's warnings over the budget helped send the market down.

The market tumult over the growing risk that Britons will vote to leave the EU may seem irrational, or at least overdone. It's not.

Oil prices fell by more than a dollar on Monday to near their lowest levels since 2009 after Morgan Stanley cut its price forecast for Brent, saying oversupply will likely peak next year with OPEC deciding not to cut output.

Qantas shares surge after the airline flags a pre-tax underlying profit of $300 million to $350 million for the December half, helped by cost cuts and lower fuel costs.