National Australia Bank is severing ties to digital currency providers, saying they pose an unacceptable level of risk to the bank's business and reputation.
MZI Resources will start construction within months on its Keysbrook mineral sands project in Western Australia after securing a US$64 million debt facility to help fund the development.
The Australian market looks set to open strongly higher following Wall Street's surge led by tech stocks after US Federal Reserve minutes showed no support for an early rise in interest rates.
Wall Street stocks have bolted higher with tech equities leading the way after US Federal Reserve minutes showed no support for an early rise in interest rates.
The business sector hopes a royal commission into union corruption will lead to changes in workplace relations and practices and help lift productivity.
US stocks have slumped for a third day in a row with investors worrying about whether high-flying technology stocks are overvalued and cautiously anticipating earnings season.
US stocks had a mixed week with the broader market rising on better economic data, but technology stocks faltering on concerns about a downturn in the bubble-prone sector.
The Australian dollar is recovering after weak economic data and suggestions that interest rates would remain low for some time weighed the currency down.
Former 40under40 winner Andrew Thorburn is set to take the reins at National Australia Bank, following the retirement of long-serving chief executive Cameron Clyne.
The Australian dollar has traded within a tight range overnight as investors await key economic data and a speech by Reserve Bank governor Glenn Stevens.
Perth-based financial services group Pioneer Credit is looking to raise more than $40 million with the sale of just over half the company through an IPO which will provide capital for the group to expand its debt purchasing.
Westpac will donate $100 million to set up Australia's largest private scholarship program, giving university students the opportunity to study in Asia.