AAP

The Australian share market has opened more than three quarters of a per cent higher.

Australia's biggest newspaper publisher News Ltd will cut staff in a major restructure that expands its online and pay TV presence and integrates traditional print with its growing digital business

The Australian dollar has hit a six-week high as traders await the outcome of the two-day US Federal Reserve meeting.

Wall Street has ended the day solidly higher, following European bourses after a moderately successful Spanish bond auction and on speculation about more Federal Reserve stimulus.

The Australian dollar has risen slightly on commentary from the central bank that downplayed the likelihood of another rate cut in the coming months.

An Indian-based mining giant has been accused of short-cutting the visa approval process by using foreign workers for a $10 billion coal mine in central Queensland.

The Australian share market has closed lower as investors move their attention from Greece to Spain and upcoming meetings of the US central bank and leaders of the European Union.

Fairfax journalists have appealed to mining magnate and major shareholder Gina Rinehart to respect their editorial independence if she succeeds in her push to join the company's board. 

Prime Minister Julia Gillard says G20 leaders recognise that growth and austerity must go together to fix economic woes.

Australia's peak tourism lobby group has welcomed coalition plans to oppose an increase in the departure tax.

A mining warden has recommended rejection of a proposal to explore for bauxite south of Bridgetown, in the state's South West region.

Instability in the euro zone, and its impact on global markets and commodity prices, encouraged the central bank to cut the cash rate again, earlier in June.

Retailer Harvey Norman plans to be a market leader in the domestic solar industry after placing a substantial order for user-friendly solar panels.

Engineering firm Downer EDI has won a $71.7 million contract to install power lines and substations at BHP Billiton's Jimblebar iron ore mine in the Pilbara.

Communications Minister Stephen Conroy has warned mining magnate Gina Rinehart not to trash the Fairfax Media brand for other shareholders.

 The Australian sharemarket has opened 0.75 per cent lower as nervous investors focus on global problems, despite a positive election result in Greece.

Global energy giant Chevron Corporation is to sell 8 per cent of its interest in the Wheatstone liquefied natural gas processing facility and ten per cent of the project's gas fields to Japan's Tok

Wall Street stocks have ended mixed as traders rapidly digested the victory of pro-euro parties in Greece's election and focus on the next hurdle in Europe's marathon economic crisis.

The Australian sharemarket has gained almost two per cent as relieved investors bought mining stocks after the election result in Greece.

The competition watchdog has told the business community it should not rush to raise consumer prices before it can evaluate the impact of the carbon tax on costs.

Four-wheel drives are supposed to be good at climbing - and they're doing just that, hitting a record high as a share of total vehicles sold in May.

Mining magnate Gina Rinehart has increased her stake in Fairfax Media to 18.67 per cent with a recent purchase of more than 143 million shares.

The red-dust iron ore export town of Port Hedland may not be everyone's idea of a scenic stop-over, but it is becoming increasingly popular with cruise ships, according to its port authority.

Resources Minister Martin Ferguson has restated the federal government's commitment to the free trade of energy resources.

Two-thirds of voters believe the government is worse under Prime Minister Julia Gillard's leadership than it was two years ago under her predecessor Kevin Rudd.

Finance minister Penny Wong says the outcome of a crucial election in Greece over the weekend will inspire stability in the eurozone.

Shares in rare earths miner Lynas have soared after an appeal against the operating licence for its controversial new plant in Malaysia was dismissed.

Australian shares opened almost 1.5 per cent higher after Greece elected the pro-bailout New Democracy party to power.

The outcome of the elections in Greece shows that Greeks are in favour of the deep economic and fiscal reforms required to pull the country out of crisis, German Finance Minister Wolfgang Schaeuble

The Australian dollar is one US cent higher as pro-bailout parties look set to win the Greek elections.

The Australian dollar has positioned itself above parity with its US counterpart, just over a week after it slumped to a 2012-low of 97 cents.

Malaysia has imposed two new conditions on Australian miner Lynas before it can start operating a new rare earth refinery.