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Sensis cleared to buy Truelocal

The ACCC has approved the bid by Telstra's advertising and directories arm, Sensis, to buy online business directory TrueLocal from News Ltd.

Full Article

Newcrest cuts production targets on Lihir

Gold miner Newcrest has cut its production forecasts by around 10% due to challenges at its Lihir operations in PNG.

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One more rate cut to come but not Tuesday

It is widely expected that the RBA will keep the cash rate steady on Tuesday and there may be only one more rate cut this year.

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Australian stocks lower at noon

Australian stocks were weaker at noon, as the financial sector dragged the market down.

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Linc raises $US200m to develop assets

Linc Energy will use $US200m raised through a convertible bond issue to accelerate the development of its energy portfolio.

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Leighton to sell telco assets and form JV

Construction giant Leighton will sell 70 per cent of its telecommunication assets to a Canadian pension fund and form a joint venture.

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