The competition regulator has approved the merger of Boral and CSR’s east coast brick businesses, freeing up valuable land for both companies and giving Boral a reason not to exit Australian brick manufacturing.
Two of Australia's biggest banks, NAB and ANZ, have signalled they are confident of being well-placed to meet tougher capital rules stemming from the government's financial system inquiry.
Wagering giant Tabcorp could lose its right to broadcast NSW and Victorian thoroughbred racing to the Seven Network, which is considering stepping in as negotiations between Tabcorp and racing-owned broadcaster ThoroughbredVision Network fall over, sources said.
US stocks rallied, giving the Standard & Poor's 500 Index its biggest gain since October 2013, as energy shares rebounded and the Federal Reserve said it will be patient on the timing of interest-rate increases.
New GrainCorp chief executive Mark Palmquist says the grains giant is facing another challenging year as dry weather hits grain growers across Australia’s east coast.
The NSW government has begun work to begin selling off electricity assets as soon as it can if it wins at the March 2015 state election.
Fairfax Media and John Singleton’s Macquarie Radio network are very close to finalising a $200 million talkback radio merger
Poker machine maker Aristocrat Leisure has more than doubled the value of cash and shares paid to its chief executive Jamie Odell in 2014 to $5.7 million.