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Australia's richest woman, Gina Rinehart, will attempt to persuade the Kidman cattle empire that her offer is still superior, despite being trumped over the weekend by an all-Australian consortium that made a higher bid.
Santos has narrowed its full-year sales guidance to the top end of its previous target range after total sales volumes leapt 31 per cent in the September quarter, compared with the same period last year.
BHP Billiton chairman Jac Nasser has announced he will step down next year after more than 10 years on the board, on the same day the resources giant rejected charges by Brazilian prosecutors filed against the company and its employees in relation the Samarco dam disaster.
Gold has eased slightly after three days of gains as the US dollar rose and the European Central Bank left interest rates unchanged, maintaining the parameters of its 1.74 trillion euros ($A2.49 trillion) asset buying program.
Crown Resorts plans to offload a 49 per cent stake in some of its Australian hotels and retail properties in a stock market float even if it doesn't secure approval to spin-off its international assets.
A key supporter of the federal government in the Senate, Family First's Bob Day, is quitting parliament because of financial problems with the housing group he founded, which trades as Collier Homes in Western Australia.
Mining giants Rio Tinto and BHP Billiton say they have no intention of taking up the state government's offer to change how they pay the controversial iron ore lease rental that Nationals WA leader Brendon Grylls wants to hike.
Two different proposals from the Western Australian government to change the way Rio Tinto and BHP Billiton pay an iron ore charge is already damaging the state's reputation as an investment destination, a business lobby group says.