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Twitter has rallied 20 percent to $US46.15 in morning trade, the highest levels since March.
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A prominent economist expects house prices to rise 10pct in 2014, but warns the Reserve Bank may need to lift interest rates to prevent a bubble.
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Website to boost Aussie start-ups

Australian entrepreneurs are getting behind a new website giving free advice and training for business hopefuls.
The mining investment slowdown means more office space is being left unused in Western Australia.
Genworth Mortgage Insurance Australia has lifted its first half underlying profit 40pct and flagged a full year profit of up to $250m.

Genworth flags up to $250m FY profit

Genworth Mortgage Insurance Australia has lifted its first half underlying profit 40 per cent and has flagged a full year profit of up to $250 million.

Tabcorp buys ACT gaming business

Tabcorp will buy the ACT government's gaming busness ACTTAB for $105.5 million, subject to ACCC approval.
Greek dairy company Fage says it's won a British High Court case against Chobani over its labelling of its strained yoghurt as "Greek yoghurt".
Noni B's shares have slumped after the troubled fashion retailer revealed it was headed for a $2.2 million loss for 2013/14.

Brambles chairman to step down

Brambles chairman Graham Kraehe will stand down at the end of September after 14 years with the company.

US stocks rise on strong GDP report

US markets have opened higher after the Commerce Department reported that economic growth came in at 4.0 per cent in the second quarter.

Yukos shareholders open to talks

Former Yukos shareholders say they are prepared to negotiate with Russia after an international court awarded them $A54 billion compensation.

ALS shares slide on profit warning

ALS shares have fallen after the analytical testing services group forecast a 26.5 per cent fall in its first half year profit.

Consumers get their groove back

Consumer and business confidence levels are improving, with people shaking off their budget woes and company startups on the rise.
Gina Rinehart says Australia's high costs need to be addressed if it is to compete internationally, starting with the scrapping of the MRRT.
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Editor's Choice

Our pick of the best content from SBS News & Current Affairs and our content partners.

This week SBS World News is exploring the business of food in Australia, from what we eat and drink to how it's made.
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Timothy DeLaGhetto, a popular YouTube celebrity who is mostly known for his obscene jokes and television spoofs showed a completely different side when he shared...
Jetstar has apologised after a crew member warned passengers returning from a NSW music festival to flush any illegal drugs down the toilet before landing.
More than 10 million people are expected to visit Bali this year, but locals say the demands of tourists are increasingly threatening the Indonesian island’s future.
Prominent writer and atheist Richard Dawkins has caused controversy after tweeting that 'date rape is bad, stranger rape at knifepoint is worse.'
Since it claimed its first victims in Guinea last March, the Ebola virus epidemic has killed 660 people in three countries and infected nearly 1,100—more lethal...
The 2014 Commonwealth Games takes place in Glasgow from 23 July - 3 August 2014.