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Australians can be assured uranium sold to India would only be used for peaceful purposes, a peak business group says.

Slower than expected wages growth means the central bank has one less roadblock to cutting interest rates if it is needed, economists say.

Junior iron ore explorers and joint venture participants Padbury Mining and Aurium Resources have entered formal merger negotiations.

Job advertisements on the internet fell by 4.2 per cent in October compared to a month earlier, national data shows.

Australia's central bank will provide a facility to ensure commercial banks have enough cash in times of financial crisis.

Australian shares opened slightly higher due to a positive lead from the US, but enthusiasm was subdued with the focus remaining on Europe's debt problems.

Gindalbie Metals has completed negotiations for the last key infrastructure deals required for the development of its Karara iron ore mine, signing two key rail contracts with QR National and Brook

Atlas Iron has bought Gondwana Resources' 90 per cent stake in the Corunna Downs project in the north Pilbara for $2.1 million in cash.

Tiger Airways has been cleared to increase its number of flights in Australia ahead of the busy Christmas travel period.

The Australian dollar was slightly higher as the increased cost of borrowing for European governments weighed on market sentiment.

A bit of positive data on the US economy gave stocks a boost on Tuesday, as traders brushed off new figures showing stalling European economic growth.

The incumbent directors of scooter manufacturer Vmoto have retained their board positions after narrowly surviving a challenge from a group of disgruntled investors.

Australia's middle-ranked miners are sitting on a $7.6 billion cash mountain after tapping shareholders for funds, leaving them better placed to weather the volatile share market.

Fund manager Perpetual has allocated a fifth of its resources portfolio to offshore investments as it seeks attractively priced stocks amid global volatility and uncertainty.

The Australian dollar fell more than one US cent even though the central bank gave no direct hints on the future path of interest rates, which the market expects will be cut in December.

Riedel Resources has entered an agreement with Golden Rim Resources to purchase five gold exploration permits in Burkina Faso in exchange for $900,000 in cash and 12.5 million Riedel shares.

The state government will spend almost $14 million in the next five years to reduce the risk of shark attacks after three fatal attacks in recent months.

Tiger Airways says it is unable to be profitable in Australia when limited to just 22 daily flights a day, under restrictions imposed after the forced grounding of the airline's fleet earlier this

Consumer worries about interest rates have been overtaken by concerns about the impact of the carbon tax and utility costs on household finances.

Property developer Peet's stocks have dropped after it released an earnings downgrade for the 2012 financial year, blaming falling consumer sentiment and global and domestic economic uncertainty.

Australian shares closed half a per cent weaker amid renewed worries about European debt.

Goldfields Credit Union may proceed with its plan to demutualise and list on the Australian Securities Exchange early in 2012, more than a year after its original target listing date.

The federal government's move to lift a ban on uranium sales to India has boosted uranium stocks, but share prices are still well below the levels before the Fukushima nuclear crisis.

Planning Minister John Day believes the state government's planned major inner city developments are achievable but admits that its role as the driver of the Waterfront, Riverside and CityLink will

A leading business lobby group has urged the federal government not to increase taxes to achieve its budget surplus, as Labor looks for ways to make up for falling revenues.

Premier Colin Barnett says China will play hardball over joining the Oakajee port and rail project but he is optimistic it will go ahead.

Prime Minister Julia Gillard says it is possible for Australia to be a close ally of the United States and also be friends with China.

Businesses that incorrectly attribute price rises to carbon pricing are being scrutinised by the competition watchdog.

Perseus Mining's underwriters have exercised an over-allotment option, taking the ASX and Toronto-listed gold miner's capital raising completed earlier this month to its targeted $C93 million ($89

The builder of the federal government's $36 billion national broadband network (NBN) has signed contracts worth up to $635 million for equipment to install the high speed service in homes and busin

Premier Colin Barnett has welcomed a move by federal Labor to lift its ban on uranium sales to India.

Southern Cross Goldfields has launched a $5.6 million capital raising plan to fund gold production studies for its Marda gold mine and an accelerated exploration program at its surrounding tenement