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A motion suggesting Prime Minister Tony Abbott scrap laws requiring balanced reporting by Australian media will be among those debated by the Western Australian branch of the Liberal Party at its state conference.
Qantas had rejected an offer for government assistance in the leadup to the announcement that it will close its Avalon heavy Maintenance facility, the company's domestic chief executive Lyell Strambi says.
The Reserve Bank of Australia has revealed that the option to cut the cash rate further remains alive.And the Aussie dollar is what's keeping it breathing.
Gold has slumped toward $US1,300 after better-than-expected US economic data and an interest rate cut by the European Central Bank (ECB) bolstered the US dollar.
US stocks have tumbled despite a successful launch of trading in Twitter stock and report on US economic growth that bested expectations by a wide margin.
Wesfarmers chief executive Richard Goyder has defended grocery giant Coles' relationship with farmers, saying the high dollar and government regulations are a weight on the agricultural sector.
Fairfax Media has avoided a second strike and potential boardroom spill, but its directors still have not won the support of major shareholder Gina Rinehart.
Australia sells more of its top-shelf wine to China than any other country but the industry is going to great lengths to convince drinkers there it has even more to offer.
Federal Small Business Minister Bruce Billson has rejected a suggestion that the government should guarantee loans for small businesses to foster growth in the sector.
Education ministers from states yet to sign up to the Gonski school funding overhaul are meeting with federal minister Christopher Pyne to discuss the matter.
The Commonwealth Bank of Australia is on track to make another record full year profit, after recording earnings of $2.1 billion in the three months to the end of September.
US stocks have ended mostly lower as analysts pointed to the need for markets to absorb recent gains after a number of records in the past couple of weeks.
The Australian dollar has bounced back after its fall following the Reserve Bank's monetary policy statement expressing concern about the currency's high value.