Two of Perth's top radio stations are under new ownership after Fairfax Media sold 96FM for $78 million and merged its other national radio assets, including 6PR, with Macquarie Radio Network.
Coles will pay $11.25 million in fines and costs but could end up paying more than double that refunding its suppliers, after a court agreed to the supermarket giant's settlement with the competition watchdog.
Gold prices rose Friday, buoyed by comments from the Federal Reserve earlier in the week that suggested the central bank is in no hurry to raise US interest rates from rock-bottom levels.
The federal government's Royal Commission into Trade Union Governance and Corruption has recommended criminal charges against a number of officials from the CFMEU and Health Services Union, while the government has also released terms of reference for a review of the country's workplace relations framework.
Incitec Pivot has warned shareholders of a challenging future, as it deals with a weak cycle for the mining sector and a looming jump in manufacturing costs.
BC Iron has announced it is working with Mineral Resources on potential new investments at the Iron Valley mining operation in the Pilbara, to improve its commercial viability.
In a recent interview, RBA governor Glenn Stevens suggested the Australian dollar might fall to US75 cents in 2015. And he intimated that it wouldn't be a bad thing.
The tourism industry has called for the state government to do more to take advantage of a sharp fall in occupancy and room rates in the state's accommodation sector.
Downer EDI has won a $2 billion package of work on Adani Group's controversial Carmichael coal mine in central Queensland, involving the construction of on-site infrastructure and provision of mining services.
US stocks have surged for the second day in a row following Wednesday's Federal Reserve meeting as investors brushed aside concerns over another drop in oil prices.
Oil prices have skidded sharply lower in volatile trade, pushing the US benchmark futures contract to a new five-year low amid concerns about ample global supplies.
Gold prices edged higher Thursday after Switzerland's central bank said it would introduce negative interest rates next year and as traders continued to adjust their outlook on US monetary policy.
Western Australia led the nation in population growth in the 12 months to June 2014, but the state has experienced the slowest growth rate in eight years, according to the Australian Bureau of Statistics.
