AAP

Beverages supplier Coca-Cola Amatil says markets in Indonesia and Papua New Guinea are its strongest performers, and boosting investments there will be a high priority in 2012.

Anglers will have their possession limits halved under new proposals aimed at simplifying Western Australia's fishing regulations.

Transfield Services has more than doubled its first half profit and says it expects its full year profit will be between $130 million and $135 million.

Fast food chain Red Rooster has signed up to a national audit to ensure its franchise store workers are not being underpaid.

Wages rose faster than expected in the December quarter, but not fast enough to trouble Australia's reserve bank, economists say.

Job advertisements on the internet increased by 1.9 per cent in January compared to a month earlier, federal figures show.

Prime Minister Julia Gillard has dismissed claims from Premier Colin Barnett that the Gonski review of school funding is a federal attempt to take over state-run schools.

Qantas Airways' low-cost offshoot Jetstar Pacific will be majority owned by Vietnam Airways under an ownership change confirmed in Hanoi late yesterday.

The Australian share market opened softer this morning as markets responded to news of Greece's latest bail-out package.

Seven West Media chief executive David Leckie says a 40 per cent share of the lucrative free-to-air metropolitan television advertising market is within reach.

The Australian dollar fell amid fears that Greece will need more financial help despite the approval of a second bailout package.

The Dow Jones Industrial Average topped 13,000 for the first time since May 2008 before falling back to close flat on Tuesday, in a bumpy day spurred by news of a long-awaited new bailout for Greec

A deal to give Greece more money to help rescue the Eurozone member from its massive debt could create the conditions for a further period of stable interest rates in Australia.

The biggest pink diamond ever found by mining giant Rio Tinto is being cut and polished in a painstaking 10-day process.

Fleetwood Corporation has posted a record first half profit thanks to a rising demand for miners' homes.

Premier Colin Barnett has slammed the federal government over the Gonski review of school funding, saying it's an attempt by the commonwealth to take over state-run schools.

The federal government's proposed mining tax does not take into account the impact it will have on the next generation of miners, a prominent economist has told an inquiry into the legislation.

An agreement for a second bailout deal for Greece buoyed the Australian share market, with all market sectors moving into positive territory as investor confidence strengthened.

Continued investment in resources projects will drive a recovery in the Western Australian and Queensland residential property markets in 2012, property developer Mirvac says.

Individual workplace contracts are among a raft of demands being made by employers under the Fair Work system to meet the challenges of Australia's patchwork economy, the Australian Industry Group

The national body representing Australia's minerals industry believes the federal government's planned mining tax is workable and should be made law.

Australia's inflation outlook leaves room for another cash rate cut, the Reserve Bank of Australia (RBA) says, but only if demand conditions were to wind back significantly.

Earthmoving equipment provider Emeco says it's making the most of the resources boom, after posting a 20 per cent rise in first half profits.

The Australian share market opened flat this morning, with stocks moving slightly up or down, as investors awaited the outcome of the euro zone finance ministers' meeting in Brussels.

Australia's second-biggest steelmaker, OneSteel, has posted a $74 million first half net loss but is bullish about its growth through its mining interests.

Internet service provider iiNet says it welcomes recent pricing moves by the competition regulator to open up the national broadband network to all players.

The Australian dollar is slightly lower ahead of the outcome of the euro zone finance ministers meeting in Brussels.

European shares closed at a near seven-month high on Monday as euro zone finance ministers edged closer to a long-awaited agreement on a rescue package for Greece.

Australia's wheat export regulator should be reformed, rather than abolished, to protect the industry's reputation overseas, a Senate hearing has been told.

The Australian dollar was unmoved from its last close today, ignoring positive developments in China because of uncertainty ahead of a key euro zone meeting to resolve Greece's debt crisis.

Billabong shares swelled by more than eight per cent amid speculation that a fresh takeover offer could trigger more bids for the troubled retailer.

Developers of Western Australia's troubled $6 billion Oakajee port and rail project are hopeful it will go ahead after Japan's Mitsubishi took full control of the company today.