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The Australian share market has closed slightly lower as investors turn their attention towards the state of the economy in China and the US.
Aurora Oil & Gas now holds 91.75 per cent of shares in takeover target Eureka Energy and will move to compulsory acquire the remainder it does not yet own.
The RBA board says improved domestic data and conditions on world markets encouraged them to keep the cash rate on hold at 3.5 per cent in July.
Flinders Mines is hopeful of finding new suitor after Russian steel maker MMK pulls out of a $554 million takeover deal.
Woodside has received the all-clear to sell a third of its stake in the $30 billion Browse gas project but it's unlikely to affect the final decision date.
Regulators have granted permission to Perpetual Investment Management to lift its potential stake in casinos operator Echo to above 10 per cent.
