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The Western Australian public will differentiate between the state government's problems and the Liberal party's Senate candidates at the April 5 poll, Prime Minister Tony Abbott told a campaign launch in Perth today.
Rare earth miner Lynas Corporation has widened its half-year loss and warned that it will need to raise additional funding within the next 12 months to meet its debt repayment obligations.
The tide appears to be turning for the travel and tourism sector, with data from the Australian Bureau of Statistics highlighting a growth trend in the number of short-term visitors compared to resident departures.
A federal Liberal MP who called Tony Abbott a liar over the government's refusal to support food processor SPC Ardmona says the company's $70 million deal with Woolworths is a win for people power.
Gold and silver futures have dropped as investors come to grips with the prospect of continued stimulus reduction by the Federal Reserve in the wake of better-than-expected US employment data.
At the close on Friday, the benchmark S&P/ASX200 index was 16.4 points, or 0.3 per cent, higher at 5,462.3, while the broader All Ordinaries index was up 17.3 points, or 0.32 per cent, at 5,477.0.
Reserve Bank of Australia governor Glenn Stevens said while inflation is not quite as low as it might have looked six to 12 months ago, he does not believe it is accelerating to the extent a literal reading of the latest data might suggests.
Figures released by the Australian Bureau of Statistics show retail spending rose 1.2 per cent in January, three times the 0.4 per cent rise economists had expected.
Western Australian sandalwood producer TFS Corporation, through its US joint venture entity Santalis Pharmaceuticals, is about to ship 100 kilograms of oil to an unidentified global pharmaceutical company - at $US4,500 per kilogram.