AAP

Western Australian scientists are edging closer towards developing a revolutionary vaccine which can be swallowed in food instead of being injected.

Energy giant Inpex has been given the green light to develop the Ichthys Gas Field in Northern Australia under strict environmental conditions.

Power is being restored and a clean-up is underway in Western Australia's southwest after a storm surge swept through the region.

The federal government appears to have pushed back its own deadline for announcing details of an agreed carbon price mechanism with the Australian Greens and independent MPs.

Australian stocks have opened firmer, with healthcare and metals and materials stocks leading the broader market higher.

The Australian dollar has managed to open higher on Tuesday morning after a tough overnight session.

Burswood gets nod for new stadium – The West; Buck stops with the board: judge – The Aus; Shorten unswayed by builders' protests – The Fin; Atlas puts rail case in $350m FerrAus offer – The West; Big end of town 'out of touch' – The Aus

US stocks rallied on Monday as investors welcomed encouraging news from European on progress toward staving off a potentially destabilising default by Athens.

The Australian share market fell more than one per cent as investors nervously await for a vote by the Greek Parliament on measures to reduce that country's high debt.

Eight current and former directors of shopping centre owner Centro have been found to have breached their corporate duties by approving documents that failed to properly disclose about $2 billion in liabilities.

The federal Labor government will not step in and help its Western Australian counterpart if it has to compensate mining companies due to its ban on uranium mines.

Three companies, one based in Western Australia, and a company director from WA face large fines for allegedly underpaying four Filipino workers on Australian oil rigs.

Voters see little difference in the leadership qualities of Julia Gillard and Tony Abbott.

The Western Australian Police Union says industrial action could affect the Commonwealth Heads of Government Meeting in Perth in October if officers' demands for better pay are not satisfied.

Federal Agriculture Minister Joe Ludwig won't speculate on when the live cattle export trade will resume but in the meantime has set up income assistance for struggling pastoralists.

The company behind one of Australia's largest resource infrastructure projects has confirmed it has entered ownership discussions with interested Chinese parties, after a major foundation customer closed its mid-west iron ore operations last week.

The federal government will provide extra compensation to the nation's lowest income households to offset price rises from the carbon tax.

The Australian share market opened the week lower, in the wake of weaker markets in the United States on Friday.

The Australian dollar is more than a third of a US cent weaker, as traders await a Greek vote on a new austerity package tomorrow.

Labor's carbon pricing policy will be made public in weeks and hinges on big polluters getting a competitive edge by reducing their greenhouse gas emissions.

US stocks fell on Friday as fresh concerns about eurozone financial stability, this time focusing on Italy, unnerved investors already rattled by the Greek debt crisis.

Perth housing tipped to leap 20 per cent – The West; Chinese on standby to rescue Oakajee – The Fin; New financial disaster threatens, warns BIS – The West; Holden warns on future – The Fin; Labor pledges to veto uranium mining in west – The Aus

Julia Gillard called it "a day of work" and Kevin Rudd joked he's "still here to help".

The Australian share market finished the last day of the week flat as traders dumped smaller stocks ahead of the end of financial year.

Aussie consumers and workers may not be fussed whether or not iconic brewer Foster's is owned by foreigners. Unless it costs jobs and ignores tradition.

The downturn in the retail sector has been due not only to higher official interest rates, says a key central bank official.

The cloud of volcanic ash that has disrupted airline travel throughout Australia over the past two weeks has cost the local industry some $30 million.

A speech by a key central bank official suggests that the reserve bank is still having trouble making its mind up on interest rates.

West Australian Premier Colin Barnett says he expects a reshuffle of the partnerships behind the giant Oakajee port and rail project but remains confident it will go ahead.

The Australian share market defied a weak offshore lead to make marginal gains in opening trade, buoyed by strength in materials and financials stocks.

The Australian dollar has opened a quarter of a US cent lower as pessimism about whether the Greek parliament will approve new spending cuts prompted a fresh round of US dollar buying.

Barnett says port will be successful–The West; Forrest turns up heat on Gillard–The Fin; Retailers seek costs study on energy target–The Fin; Rudd mounts rescue bid to end cattle standoff–The Aus; Telstra's $11b deal fails to impress stakeholders-The West