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US stocks have tumbled after a Malaysian airliner crashed in rebel-held eastern Ukraine.

The Australian dollar is lower amid fears a Malaysian Airlines flight was shot down in rebel-held east Ukraine in what is being called a "terrorist" attack.

Opinion polls have always presented a dilemma for political leaders, with the temptation to comment when they are favourable almost impossible to resist; but polls can be fickle.

Global oil prices have pushed higher after a Malaysian jetliner crashed in rebel-held eastern Ukraine, sparking concerns of an escalation in the crisis in the former Soviet state.

Perth-based Swan Gold Mining has completed a one-for-10 share consolidation as part of a restructuring of the company that it proposes including a capital raising of up to $20 million and debt to equity conversion of more than $29 million.

Perth's retail market is on the rebound, bouncing back after recording the highest vacancy in Australia at the end of last year, according to commercial property agency JLL.

The Australian share market has firmed slightly to reach 5,522.4 points, its highest close in around six years, which was boosted by strength in the resources sector.

Revelations of Rupert Murdoch's $80 billion attempt to create the world's biggest media company has sparked speculation it will lead to a bid for Australia's Ten Network.

Iconic medical research institute is increasing philanthropic revenue.

A recently established social enterprise is aiming to use the sale of bicycles in Western Australia to reduce poverty in India.

The latest land sales figures for Western Australia reflect strong demand but an inadequate supply of building-ready lots, according to the Housing Industry Association.

Coffee franchise Muzz Buzz has introduced drive-thru ATMs to its business in a move it claims should appeal to women and people with mobility issues.

Bank bashing is a national sport in Australia, often played for good reason; but the latest round of kicking banks, which started this week with the release of a report by former Commonwealth Bank boss David Murray, could not have come at a worse time.

Potash explorer Elemental Minerals has appointed John Sanders as managing director, replacing Iain Macpherson who will continue as a non-executive director.

Grill'd Healthy Burgers is set to open in Fremantle in August, after signing a lease at 17 South Terrace.

The look of the new 60,000-seat Perth stadium to be built in Burswood was unveiled today by Premier Colin Barnett, who guaranteed it would be open in time for the 2018 AFL season.

An iconic fixture at many sporting and cultural events, food vans are going gourmet, with pies and chips giving way to more sophisticated cuisine that, increasingly, is competing with the bricks and mortar hospitality sector.

Shares in Perth gold miner Minera Gold rose by over 33 per cent after it announced it had signed an agreement to buy the San Santiago gold and copper processing plant in Peru for $US5.5million.

The Australian market has opened higher after a strong session on Wall Street and good news for the resources sector.

Woodside Petroleum has lifted its annual production target after enjoying a double-digit rise in second quarter production levels and sales.

The $2.2 billion foreign takeover of David Jones will go ahead, after the Federal Court approved the sale of Australia's oldest department store to South Africa's Woolworths.

Four hundred global business leaders gathered in Sydney to reach consensus on a pathway for jobs growth will hear from Prime Minister Tony Abbott this morning.

The Australian dollar has recovered some of its losses following the release of Chinese economic data.

The Dow Jones Industrial Average has bolted to a new record as strong Intel earnings and a new IBM venture boosted the blue-chip index.

If Tony Abbott and his ministers had stuck true to their word they would not find themselves so unpopular with voters, after less than a year in office.

The big miners pushed the Australian share market higher after some record iron ore production reports, but the big banks all made losses.

In the second of a four-part series featuring EY Entrepreneur of the Year nominees, we spoke to Bernie Pummell and Sarah Thomas about two different food businesses.

Australian beef producers are facing competition in emerging exports markets from low-cost Indian buffalo production, according to the Australian Bureau of Agriculture Resource Economics and Sciences.

Fortescue Metals Group said it planned to buy eight iron ore carrier ships from China for $550 million.

Perth-based Papillon Resources has agreed to amend the terms of its merger agreement with B2Gold to provide a new incentive for some of its shareholders.

Shares in Sirius Resources have shot up by more than 13 per cent after its latest nickel discovery in Western Australia's south-east.

Sino Gas & Energy Holdings has appointed former Ophir Energy commercial and business development director Glenn Corrie as the firm's new chief executive officer.