The Australian dollar is lower as the European Union and the US prepare to impose sanctions on Russia after a referendum on the fate of Crimea went ahead despite Western opposition.
Cash strapped Jacka Resources has appointed two broking firms to assess capital raising options after confirming that a friendly takeover offer from Tangiers Petroleum looks set to fail.
Former Compass Hotel Group boss Brian Northcote has had his sentence for breaching directors duties and submitting false information to the corporate regulator extended by a New South Wales court.