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The Australian Competition and Consumer Commission will look into the recent purchase of billionaire Mr. James Packer's acquisition of an 18% stake in Ten Network Holdings Ltd. (ASX: TEN.AU).

Foreign and local pension funds are eyeing Australian infrastructure projects as safe investments that could create good rates of return, the Royal Bank of Scotland Group Plc said.

ASX-listed gaming firm Tabcorp Holdings Ltd (ASX:TAH) has raised some $238 million from institutional investors and is now set for the retail component of its entitlement offer worth $190 million

Wesfarmers has reported first-quarter sales up 4.3 percent as its subsidiary Coles food and liquor contributed to what the company described as "a generally pleasing result".

Consumers are warned of the Tylenol 8 hour caplets with lot No. BCM155 (bar code No. 3 0045-0297-51 8). They should immediately be returned to the manufacturer.

Australian consumers are now quite careful with their use of their credit cards, which may pose a threat to credit card issuers in Australia.

The sudden tightening of fiscal policy in China again is seen sending a new wave of tests on the inner strength of the Australian dollar and equity markets.

Credit ratings agency S&P has given a triple B+ rating on Australia's biggest gaming firm Tabcorp Holdings Ltd.

The Australia Post plans to take advantage of the digital mailing craze and in 2011 targets to open an online retail store.

The Australian banking sector has assured that there will be no changes in the way they do business in areas affected by the implementation of the Murray-Darling Basin project.

Australia's S&P/ASX 200 is expected to ease from its early rally this week, as investors are wary of China's economic performance. Analysts said though there will be a positive push from the turn of events in the US with the Federal Reserve's decision to temper its fiscal policy, this will not easily avert the dampened mood that may set in today.

The Adelaide Airport had a brief security concern this morning when a man suddenly broke in with his car crashing into the tarmac. The man suspected of drunk-driving or mentally ill has been subdued by the airport police moments after the said incident.

Business confidence remains high albeit a very slight tinge of wariness in the country's business sector. This is according to the latest of the National Australia Bank's quarterly business survey published today.

The Adelaide Airport had a brief security concern this morning when a man suddenly broke in with his car crashing into the tarmac. The man suspected of drunk-driving or mentally ill has been subdued by the airport police moments after the said incident.

Australia's biggest sexual harassment case may be ended this week if both parties agree on the terms that plaintiff Kristy Fraser-Kirk and defendants David Jones company officers and former CEO Mark McInnes.

Deputy Governor Ric Battelino of the Reserve Bank of Australia is optimistic that there would be turnaround in the property and real estate sectors as an encouraging shift of financing models will pave the way for future growth.

Local stocks pulled back slightly today, but still mirrored the weakness of Wall Street as the benchmark S&P/ASX200 index was down 10 points, or 0.21 per cent, at 4,681.3 points, while the broader All Ordinaries index had eased 5.9 points, or 0.12 per cent, to 4,740.3 points.

Australia's QR National has completed the acquisition of some A$3 billion worth of loans from 11 banks before its planned initial public offering, the company said in statement today.

Chevron Corp.'s liquefied natural gas output from its $42-billion project in northwest Australia output will partly be marketed in Southeast Asia, China, and India.

The employment surge this month also translates to a wake-up call for the Australian parliament to consider its policy on migration as the country now succumbs to higher demand for labour since 2006.

Attentive and trained flight attendants of Qantas Airlines has secured their 280 passengers bound for Hong Kong when a threat from an emotionally unstable passenger became clear.

The relative weakness in the construction industry may soon be abated, thanks to the Reserve Bank of Australia's decision to keep interest rates steady.

Android users can now access the eToro's financial trading platform and OpenBook, as its new social trading network.

Australians consumed more fast food and dined out often in August providing a boost to retail sales, which grew by 0.3 percent, the Australian Bureau of Statistics said.

Australia's labour market has once more risen in September on account of job postings on newspapers and the Internet, the ANZ Bank said in a statement today.

New Zealand insurer Tower Ltd. listed in both the NSX and the Australian Stock Exchanges (TWR: NSX/ASX) has announced that it offers to buy industry rival Fidelity Life Assurance Co. for about $118 million.

The Sydney Airport will be able to meet its debt obligations due in 2011 and 2012 as its issued bonds recently fetched US$ $965 million.

Australia's second biggest airline Virgin Blue has announced that its reservation and check-in systems are now back in business after another technical glitch occurred early this morning.

Glencore International AG, the world's biggest commodities trader, and part owner of Australian mining firm XStrata Plc has contracted HSBC Holdings Plc, JPMorgan Chase & Co. and Standard Chartered Plc as its lead underwriters bond offering in succeeding months.