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Three Aboriginal leaders fighting against a planned gas hub in Western Australia's Kimberley region have vowed to step up protests despite the riot squad making a dozen arrests at a blockade.
The Australian dollar was weaker this morning on renewed concerns about Greece's debt, after a credit rating agency warned that the latest bailout deal could still amount to a default.
PM set to unveil carbon package – The West; Project backlog an $86bn threat to productivity – The Aus; Customer questions Lanco's licence to mine - The Fin; Bank under attack in Saraceni case – The Fin; Norwegian firm in clear-cut WA deal – The West
Australian stocks underperformed their Asian and US counterparts as disappointing retail spending figures for May surprised the market and left retail stocks struggling.
Federal Finance Minister Penny Wong has downplayed Tony Windsor's suggestion the government can't guarantee petrol will be exempt from a carbon tax forever.
If the West Australian government ends up in a legal battle with building tycoon Len Buckeridge over the disastrous Perth Arena project, it will be thanks to the mess left by the previous Labor government, Premier Colin Barnett says.
Wall Street polished off its best week in two years with a strong performance on Friday, shrugging off the spectre of a slow economy, high oil prices and the Greek crisis.
Business to pay fuel carbon tax – The Fin; New Jakarta ban shuts down live cattle trade - The Aus; $45,000-a-day bill for Buckeridge – The Fin; Traders' lease secrecy win –The West; Karoon gets nod for Browse plan – The Aus
Australian borrowers are likely to be spared an interest rate rise when the central bank board meets next week, but a hike is coming, perhaps as soon as August.
The Australian share market closed lower after a weak Chinese manufacturing report dampened demand for commodities-linked companies, and softness among banking stocks.
Prime Minister Julia Gillard has admitted Labor's carbon price regime will indeed start with a carbon tax before being replaced by an emissions trading scheme.
Australian manufacturing activity has grown for the first time in four months, but the sector is still struggling to cope with a high exchange rate and weak local demand.
Shares in rare earths supplier Lynas Corporation plunged by more than nine per cent on Friday as the company denied reports that a planned Malaysian plant could be delayed by one to two years.
Australian Employment Covenant founder Andrew Forrest says a key milestone has been passed with more than 270 companies committing to 55,000 jobs for indigenous people.
Perth-based shipbuilder Austal says the US Navy has confirmed the construction of two more high speed vessels, the sixth and seventh in a $US1.6 billion, 10-vessel program.