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International oil executive Michael Fischer has been named Nido Petroleum's new managing director.

The mining arm of Cimic Group has won a $137 million operations contract at the Encuentro Oxides open pit copper mine in Chile, in partnership with local mining equipment supplier Emeco Holdings.

Woodside Petroleum has stuck with its planned timetable for the Browse gas project, announcing today it has reached agreement with its joint venture partners to commence front-end engineering and design ahead of a final investment decision by the end of 2016.

Brookfield Asset Management is seeking to add ports and rail operator Asciano to its expansive Australian interests, which already include Brookfield Rail, construction giant Brookfield Multiplex, half of oil and gas producer Quadrant Energy, and multiple city office towers.

The Australian share market has opened higher.

US stocks have finished moderately higher, recovering some of the prior session's losses, as Greece edged closer to a debt default.

Oil prices have rebounded as Iran and six major powers extended a deadline for reaching a nuclear deal that could add Iranian oil to an oversupplied global market.

The Australian dollar is higher against the greenback which rose overnight as Greece scrambled to avoid a debt default and possible exit from the eurozone.

Gold prices have fallen as the prospect that Greece will default on a repayment to the International Monetary Fund knocked the euro against the US dollar, and as investors remain wary over the metal's longer-term prospects.

Imagine you woke up one morning and the life savings you'd been squirreling away in the bank for decades was worth half as much as it was a day earlier.

Educational software provider SEQTA has capped a remarkable year of growth, being named the Business News Rising Stars award winner for 2015.

The Australian share market has ended the last day of the financial year on a positive note as investors prepare themselves for the year ahead.

Self-belief may not be easy for some, but it's the essential foundation for your success.

Northern Star Resources and St Barbara have led mining industry support for research projects that link CSIRO and university scientists seeking ways to extend the life of existing gold mines, reveal new deposits and improve processing efficiency.

New home sales in Western Australia have resumed the downward trajectory of 2015 following a modest rise in April, dropping by 8.1 per cent in the month of May, according to the Housing Industry Association.

Struggling outdoor clothing and equipment retailer Kathmandu has caught the eye of a New Zealand homewares and sports retailer seeking a takeover.

The value of Australian iron ore exports is expected to fall next year as strong growth in production volumes is offset by a slump in prices to a forecast $US52.10 per tonne in 2016.

Coles will refund more than $12 million to small suppliers, on top of paying a $10 million court-ordered penalty for illegally squeezing them for funds.

Developers and real estate agents are embracing virtual and augmented reality technology, as well as sophisticated video animations, to ensure listings stand out in what is becoming an increasingly crowded residential property market.

The West Australian Symphony Orchestra is breaking new ground in efforts to broaden its audience and appeal, and persuade the people of Perth that classical music is not the preserve of an elite clique of enthusiasts.

Kimberley Diamonds is poised to launch a major restructure and capital raising to help shore up its business.

An investment company chaired by Perth businessman Farooq Khan has made an off-market $8 million cash bid for full ownership of Strike Resources, and may seek opportunities for the business outside the resources sector.

The consumer watchdog has recommended new reporting conditions to ensure Telstra doesn't have an actual or perceived competitive advantage as it works with NBN Co.

Perth-based explorer Auroch Minerals has sold its Mozambique gold assets to Xtract Resources for a cash and share package worth $US12.5 million ($A16.3million).

The Australian share market has opened lower.

Oil prices have dropped in the US, joining other global markets in retreat on the looming threat of a Greek debt default.

US stocks have tumbled, joining global equity markets in retreat on the looming threat of a Greek debt default.

The Australian dollar is higher against the greenback which slipped overnight despite Greece lurching towards a default on its debt obligations.

Gold has firmed, as the prospect of a Greek debt default hit global shares, offsetting wariness among investors over the metal's longer-term outlook.

The Oracle of Omaha may not be a new investor in Australia, but it is a good sign.

For the past nine years, City of Swan Mayor Charlie Zannino has made an annual trip to Canberra, usually with his deputy and a couple of staff in tow.

Just 12 years ago, the founders of Student Edge were students themselves; they've now built up a business with 750,000 members nationally and are set to expand their service offering.