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Australia has to change its industries and workforce to become competitive in the global marketplace, a new report warns.
BHP Billiton is seeking government approval to expand trials of a cheaper mining process that could help restart its Olympic Dam expansion plan.
Private hospital operator Healthscope has enjoyed a positive return to the share market despite a flat performance from the rest of the market.
Mining services firm Boart Longyear's earnings continue to fall, but it says the decline in demand from resource companies may be over.
Tatts and Tabcorp are heading to the High Court to challenge a ruling over the payment of $42.6 million in levies to the Victorian government.
The Environmental Protection Authority has recommended conditional approval for a new uranium mine in Western Australia.
Hong Kong stocks have closed higher.
Indian mining giant Adani is joining mining magnates Gina Rinehart and Clive Palmer in being allowed to mine for coal in Queensland's Galilee Basin.

BC Iron flags higher earnings

BC Iron has lifted its full year earnings, as stronger production helped offset a slide in iron ore prices.
National Australia Bank has reaped $1.14b from the sale of bad loans from its British commercial real estate business.

Navitas profit down 31%

Navitas has suffered a more than 30 per cent slide in its full year profit following writedowns to its university's business.

Leighton profit slides 20 per cent

Investors are more interested in Leighton's upcoming restructure than a 20 per cent slide in the company's first half profit.
An academic report reveals the breadth of China's social inequality, with the top one per cent of households controlling a third of the country's wealth.
A move by BSkyB to buy out Sky Italia is being seen as a bid by media mogul Rupert Murdoch to strengthen his European television operations.

Lew's DJs play reaps $210m

Solomon Lew has accepted a $210 million offer for his stake in retailer Country Road - an investment worth much less just a few months ago.
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Dutch rider wins inaugural women's Tour de France

World champion Marianne Vos sprinted to victory on the Champs-Elysees in Paris in the inaugural women’s La Course race organised by the Tour de France.
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Correction: World News July 2, 2014

On the 2 July, SBS World News inaccurately referred to the deceased British Television personality, Jimmy Savile, as a convicted paedophile.