need2know: Fed boost for ASX and other top stories.

• need2know: Fed boost for ASX

  

  Local shares are poised to lift at the open as Wall Street rallied on a signal that US rates won't rise too soon or too fast.What you need2knowSPI futures up 33pts or 0.7% to 5026 at about 7am Sydney time Yellen mentioned two risks in her New York speech: the outlook for China's economy and the outlook for commodity prices, and oil in particular. Photo: Michael Nagle AUD  to 76.42 US cents, 86.09 Japanese yen, 67.61 Euro cents and 53.00 British pence On Wall ..

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• Morrison opens door to ASX competitor, offshore buyers

  

  Scott Morrison said the national interest test would remain on any move to buy more than 15 per cent of the ASX. The government will end the ASX's monopoly over clearing share trades in mid 2017, but the change could be irrelevant if the exchange opts to use blockchain technology, which does away with the need for this step. The ASX may also become the target of overseas suitors after Treasurer Scott Morrison announced on Wednesday that the government ..

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• ANZ to refund $5 million to 25000 low-income customers including pensioners and Centrelink recipients

  

  Video will begin in 5 seconds. ANZ CEO Shayne Elliott on restructuring and culture ANZ's new CEO says his experience running businesses will help prioritise different businesses within the bank, while stressing collaboration and diversity of thought. PT1M43S 620 349 ANZ will refund $5 million to 25,000 vulnerable, low-income customers with basic bank accounts after it charged incorrect late-payment and over-limit fees during  seven years.  ANZ failed to properly apply fee redu..

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• Brambles aims to cut CO2 by 20 per cent

  

  Brambles aims to cut CO2 by 20 per cent

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• Dick Smith stores will close by April 30

  

  It’s like the sale that never ends ... Picture: Mick TsikasDICK Smith stores will cease trading within the next month, the failed electronics retailer’s receivers have confirmed. Ferrier Hodgson this afternoon revealed that each of the failed electronics retailer’s remaining 363 stores in Australia and New Zealand are expected to cease trading by April 30.Staff at 35 outlets have been notified that their stores will close earlier over the coming weeks (scroll down for details).‘Move tech accesso..

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• Australian dollar strength squeezes export industries

  

  Australian dollar strength squeezes export industries Updated March 30, 2016 16:31:20 The surge in the Australian dollar on the back of a more cautious outlook from the US Federal Reserve is again putting key trade exposed industries under pressure.The dollar jumped back through 76 cents against the greenback after Federal Reserve chair Janet Yellen said the bank would "proceed cautiously" in raising rates.The dollar has now rebounded more than 10 per cent since hitting..

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• Six reasons the RBA won't cut rates: CBA

  

  The Australian dollar's meteoric rise during the past month has given the Reserve Bank of Australia fresh reason for concern, but it's unlikely to prompt a rate cut, the Commonwealth Bank says.A note written by chief economist Michael Blythe says the Aussie's 7 per cent appreciation in the past month had given the Reserve Bank fresh cause to consider a rate cut to try to force the Aussie lower."A currency-driven rate cut looks unlikely ... we expect the cash rate to remain at 2 per cent in 2016..

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• Tell Packer to walk if he doesn't like conditions on casino, says leading architect

  

  Video will begin in 5 seconds. Packer 'games government' again Comment: Congratulations to Lend Lease/Crown for getting pretty much everything they want from the state government for James Packer’s Barangaroo casino. PT2M18S 620 349 If James Packer does not want to build a casino and apartment complex without reducing its impact on public land, the NSW government should tell him to walk away from the project, according to the head of the state's peak body for architects.The ..

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• Overseas-born Australians reach highest level since 1895

  

  Pushpa Belbase and her family moved to Rockdale, Sydney, from Nepal in 1996. Photo: Supplied The proportion of Australian residents born overseas has soared to its highest level in more than 120 years, new figures from the Australian Bureau of Statistics show.In 2015, more than 28 per cent of the population were born overseas, the largest proportion since 1895, according to the research released on Wednesday. The percentage has increased every year for the pa..

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• Air New Zealand flags departure from Virgin Australia

  

  Video will begin in 5 seconds. Virgin navigates through balance sheet turbulence Investment involved in Virgin's big push into the business market leaves its balance sheet in something of a weakened space. PT0M58S 620 349 Air New Zealand has flagged its intention to dump its $350 million stake in Virgin following concerns about the struggling local airline's longer-term balance sheet viability. Air New Zealand's potential sell down of its 25.9 per cent stake in Virgin sparked ..

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Medibank hires banker Drummond as CEO .	Tiny fruit fly sours Australia's big ambitions in agriculture .
Wheels of change turn slowly in racing industry .	French police foil planned attack, arrest suspect .