Despite slumping to new four-year lows against the US dollar and also dropping against other currencies in the past days, the Australian dollar still hasn’t troughed, analysts believe.

The momentum is palpable as the equity market heads to 6000 points, but in the economy the state of retail has set off real concerns.

The Australian dollar touched a new nine-month high overnight, making another bid above US77¢ in an otherwise quiet trading night ahead of key Chinese economic data.

Australia's corporate regulator has cancelled the registration of 440 self-managed superannuation fund auditors after they failed to meet competency standards.

Woolworths staff are squeezing a further $70 million from suppliers by the end of the year, as the company scrambles to meet profit guidance and avoid its first downgrade in almost 16 years.