An Australian sandalwood producer is about to make its first shipment of sandalwood oil, at $US4,500 a kilogram.

Troubled surfwear retailer Billabong could face a class action from investors over its 2011 guidance of strong earnings growth.

Online car yard Carsales.com has reached agreement to take a major stake in a South Korean online car classifieds business.

BlueScope has had its purchase of a steel products rival approved, but only if it sells some of its assets in Western Australia.