RBA boss Glenn Stevens has answered question on US plans to start lifting interest rates and the future of China's currency during a forum in London.
Australian share market has managed a modest 1.2 per cent gain for the 2014/15 financial year, underperforming the booming property sector.
Economists predict house price growth will slow and stall rather than slump.
International airlines will be charged less to use Sydney Airport next financial year, before annual fee rises return over the next four years.

Greece teeters on brink of default

Greece is on the brink of defaulting on its IMF repayment even as EU leaders have indicated that further negotiations may take place after a referendum.
Loans to housing investors rose again in May, taking annual growth to APRA's threshold of 10 per cent.
Revenues for the oil and gas, childcare and beef sectors are set to lift in 2015/16 while ceramic product makers, credit unions and banks brace for falls.

New home sales down 2.3% in May

New home sales have dropped for the first time in 2015 on the back of a slide in sales of detached homes, the HIA says.
NZ-based Milford Asset Management is reviewing its stake in Slater and Gordon amid growing concerns about the Australian-based law firm.

Qantas lifts number of passengers

Qantas lifted its total passenger numbers one per cent in May, despite a 2.6 per cent slide in the volume of travellers on its domestic business.
New Zealand retailer Briscoe Group has made a surprise bid to take control of outdoor wear chain Kathmandu.

Aust market set for further falls

The Australian sharemarket could slide into correction territory as Greece's debt crisis rolls on.
Novartis will pay $US200 million for Spinifex, plus undisclosed "significant" milestone payments.

Ansell cost cuts to include jobs

Global health and safety product maker Ansell is cutting costs to help offset adverse currency movements and economic uncertainty.
The competition watchdog wants Telstra to cut its network access fees for other phone and internet providers, but the telco giant disagrees.
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