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The mining boom - or at least investment in it - will peak in 2014, but the non-resources sector will then drive growth, a report has found.

Australian stocks have opened firmer amid broad-based gains as local market players took their cues from a positive night on Wall Street.

The Australian dollar is slightly higher as the possibility of the US central bank starting a new round of economic stimulus is looking more likely.

US stocks turned lower this week after six straight weekly gains as fresh signs of frailty in the global economy emerged and a number of companies cut their corporate profit forecasts.

After a three year term in the chancellor's role at Curtin University Jim Gill is set to be replaced by Chevron Australia executive Colin Beckett at the end of the year.

The Australian dollar is at it's lowest level in five weeks amid pessimism about the outcome of talks between the Greece, French and German leaders on the weekend.

Central bank governor Glenn Stevens says he doesn't think Australian bank profits are excessive.

Gold miner Troy Resources says it is confident on building on its record output from its South American operations, which pushed it to a company-best profit for the year ended June 30.

The Australian stockmarket closed lower on Friday, also finishing down for the week and ending a run of five weeks of gains.

ANZ chief executive Mike Smith has sold $10.9 million worth of shares to meet an income tax bill and reduce his debt.

Aspen Group has confirmed managing director Gavin Hawkins' resignation, with non-executive director Hugh Martin appointed as interim chief executive.

Up to a dozen enterprise migration agreements (EMAs) are expected to be inked by the federal government, Special Minister of State Gary Gray says.

Fairfax Media shares have plunged to record lows after the company's biggest shareholder, mining magnate Gina Rinehart, tried to sell a chunk of her shares.

Southern Cross Goldfields has launched a $5.2 million capital raising it says will underpin its transition from gold explorer to producer.

International chemicals and materials giant Rockwood Holdings has announced it will acquire Perth-based Talison Lithium in an all cash takeover worth C$724 million ($698 million).

The opposition says the federal government needs to go back to the drawing board on its proposed network of marine parks.

The federal government's Future Fund will pay $2 billion to take a stake in several Australian airports, including Perth.

The spate of record earnings reports from Perth-based engineering and construction contractors continued today, and widespread forecasts of further strong growth suggest there is life in the old re

Automotive Holdings Group says it will be on the look out for more acquisitions in the current year after reporting a hefty jump in full year net profit.

Australian stocks have opened weaker as declines in the mining and energy sectors dragg the broader market lower.

BHP Billiton's decision to shelve two high profile projects has not changed the central bank's upbeat view about the economic outlook.

Woolworths shares slipped today after it posted a 15 per cent fall in full year profit because of its exit from the Dick Smith electronics chain.

The Australian dollar has fallen close to three-quarters of a US cent on weak Chinese data and concerns about the domestic mining industry.

Sharp falls by blue chips Boeing and Hewlett-Packard have helped give US stocks their worst day so far this month, amid more signs of weak growth in major economies.

Prime Minister Julia Gillard says she never personally benefited from a union fund which she helped set up for free, and off the books, when she was a lawyer 17 years ago.

Diversified investment house Washington H Soul Pattinson has launched a near-$70 million all-cash takeover bid for Perth-based exploration junior Exco Resources.

BGC Contracting has won a three-and-a-half year extension to its mining contract at Atlas Iron's Wodgina iron ore mine in the Pilbara.

Signs the US Federal Reserve may introduce fresh stimulus measures sooner than expected have pushed the Australian dollar higher.

Transport magnate Lindsay Fox has compared Western Australia's iron ore boom with the eastern states' goldrush of the 1850s.

Engineering and contracting group RCR Tomlinson has achieved a record financial performance for the year ended June 30, with the company flagging further growth into financial year 2013.

Peak Resources shares have jumped after metallurgical testing by the Perth-based explorer demonstrated a high-grade rare earth carbonate product from samples at its Ngualla project in Tanzania.