Qantas reduced domestic capacity by 0.4 per cent in March, the second straight month it has cut back of seats over Australian skies.

Virgin Australia says it expects to complete the 60 per cent purchase of Tiger Airways Australia by the middle of July.

Telstra has maintained its earnings guidance and is aiming to lift its dividend payments as the company grows.

Habtoor Leighton has signed a $65m deal to construct accommodation and utilities on two islands as part of oil infrastructure project near Abu Dhabi.