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Federal opposition leader Bill Shorten is under pressure to authorise the release of confidential cabinet documents on the national broadband network's costings Labor received while in government.

Shares in Warrnambool Cheese and Butter are up 19 cents as they resume trading after the company recommended the latest, higher takeover offer from Canadian dairy giant Saputo.

The Australian share market has surprised by opening lower amid uncertainty about the largest sweeping reforms in China in more than three decades.

Agribusiness Elders has reported an annual loss of $505 million due to charges related to restructuring the company, and challenging and seasonal market conditions.

Downer EDI is the latest contractor to be awarded work at Hancock Prospecting's $10 billion Roy Hill iron ore project, as new reports suggest the project is close to securing its long-awaited debt financing.

Gold futures have drifted between slight gains and losses before closing fractionally higher as investors weigh a stronger euro against fading optimism over Federal Reserve Chairman nominee Janet Yellen's dovish stance.

US stocks enjoyed another sunny week highlighted by congressional testimony by Federal Reserve chief nominee Janet Yellen that raised confidence that aggressive monetary stimulus would not end too soon.

Clive Palmer and his troops need to get down to work if PUP is to be anything other than a party of protest.

The Australian dollar has benefited from disappointing American manufacturing data coinciding with US Federal Reserve nominee Janet Yellen's comments in favour of continuing stimulus measures.

The average floor area of new houses in Western Australia has fallen to 234.5 square metres, after peaking at 244.5sqm in 2009-10.

Gold miner Silver Lake Resources has said it is not in a position to pay dividends, with volatile gold prices and the state government's minerals royalty review remaining as threats to its balance sheet.

Beer and the classroom don't normally go together, but one publican in Perth's southern suburbs is trying his hardest to change that.

A former director of defunct Perth property developer Ocean Key Holdings has been found guilty of stealing more than $820,000 after an investigation by the corporate watchdog.

Chris Bonwick has resigned effective immediately as the managing director of Independence Group due to ill health.

Dealing with workplace bullying after the fact is evidence of organisational failure.

The Australian market ended the week with solid gains as investors welcomed the incoming US Federal Reserve chair's comments about maintaining economic stimulus.

Sandalwood producer TFS Corporation has been hit with a second strike but has survived a board spill after more than a quarter of its shareholders voted against adopting the company's remuneration report for the second consecutive year.

Emco Building has won an $11.1 million contract from the Department of Education to build additional teaching facilities at Ashdale College in Darch.

Researchers have begun making use of supercomputing power at the new Pawsey Centre, which is expected to cost stakeholders $140 million by 2017.

The Australian Electoral Commission wants part of the federal election declared void because it can't be certain who would have won the final two Senate places in Western Australia.

Tanami Gold has seen its share price plunge 34 per cent after announcing an $11.75 million entitlement offer underwritten by its largest shareholder, Allied Property Resources.

Octanex and Perth's Peak Oil and Gas are working towards a merger, with Melbourne-based Octanex underwriting a rights issue for of $1.94 million that will go towards working capital for Peak prior to the implementation of the deal.

Mermaid Marine says its trading performance will be weaker than expected with a number of key projects pushed back to the second half of the year.

The University of Western Australia has received another massive donation, with freight magnate Greg Poche gifting $10 million for a new centre for indigenous health.

The stock market has opened flat, as weakness in banking stocks overshadows a positive lead from overseas.

Canadian dairy giant Saputo is set to raise its takeover offer for Warrnambool Cheese and Butter after rival bidders trumped its first offer.

Prime Minister Tony Abbott could intervene to prevent the foreign takeover of Australia's largest agribusiness despite support for the bid by his Liberal colleagues.

If low-cost means ever-lower service levels, then customers will probably look to buy elsewhere.

US stocks have barrelled to fresh records, shrugging off some disappointing earnings results amid greater confidence the Federal Reserve will wait longer before scaling back an aggressive stimulus program.

Gold futures have risen as some traders bet that testimony from Federal Reserve chair nominee Janet Yellen signals higher demand for the metal.

The Australian dollar is lower, consolidating after a rally on the back of Federal Reserve chair nominee Janet Yellen's testimony to a US Senate committee.

Listed company ILH Group has announced that its law firm subsidiaries Rockwell Olivier and Civic Legal plan to merge their Western Australian operations