Embracing big data and future technologies will be the key to freeing Australia's roads from gridlock, according to government and industry.

Vodafone adds customers, cuts loss

Third-ranked mobile carrier Vodafone Hutchison Australia says customer numbers and earnings are up and the carrier has reduced its half-year net loss.
Australian companies' earnings are looking weak for the coming reporting season but are not likely to hold too many negative surprises, analysts say.
ANZ says it has issued an information memorandum as it explores options for ANZ Share Investing that could include selling it.

Microsoft making additional job cuts

Microsoft is cutting an additional 2,850 jobs in its loss-making smartphone business.

Freedom Foods bags Woolies UHT deal

Freedom Foods has announced it will supply Woolworths with UHT milk for its own-brand range.

Home prices rose 0.7 pct in July

Capital city housing prices rose 0.7 per cent in July, driven by Sydney and Melbourne, according to a preliminary estimate from Corelogic.
Origin Energy has posted higher revenue and a jump in production, helped by the start of its APLNG project during the year.
ResMed, which makes products to treat sleep disorders, has reported a flat annual profit of $US352.4 million.
Telecoms provider Visionstream, in which CIMIC holds 50 pct stake, has secured a $250m wideband services contract from Telstra.
Health insurers Bupa, HBF and nib have agreed to participate in the Whitecoat online health directory and customer review website.
Dairy co-operative Murray Goulburn says it will lose $108 million in annual revenue from the loss of a contact with Woolworths.
A US judge has rejected nearly 1300 lawsuits against Bayer over internal injuries suffere from the company's Mirena IUDs.
Uncertainty created by the UK's referendum on its place in the European Union has had a big impact on investment firm Henderson Group's half year profit.

Henderson profit drops 41 per cent

Uncertainty created by Britain's vote on its EU membership has had a big impact on the half year profit of asset manager Henderson Group.
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