Wind and solar firm Infigen made a full-year profit of $4.5 million and has $100 million cash set aside for growth following the sale of its US assets in July.
The kingmaker of the Australian economy in recent years, housing construction looks set to slow, the Housing Industry Association says.

Packer's CPH reduces Crown stake

James Packer's Consolidated Press Holdings has reduced its stake in casino group Crown Resorts below the 50 per cent mark.
Shares in livestock exporter Wellard have been placed in a trading halt ahead of its full-year results and possible asset writedowns.
The sale of Tweed Mall to Elanor Investors Group means Vicinity Centres will have offloaded 11 shopping centres for a combined $1.3 billion since May.

Ridley full-year profit up 30%

Feedstock supplier Ridley Corporation is planning to modernise a number of its feedmills in key regions, after lifting its annual profit by 30 per cent.
Gold miner Evolution Mining has raised $311 million from institutional shareholders through its 2-for-15 rights offer.

Embattled McAleese in administration

Struggling mining transport operator McAleese has appointed McGrath Nicol as administrator after failing to secure a lifeline.
Online furniture and homewares retailer Temple & Webster suffers a statutory net loss of $44 million.

David Lenz named as new Hills CEO

David Lenz has been named as the new chief executive of Hills, the company behind the iconic Hills Hoist clothesline.
Germany is expecting up to 300,000 refugees to arrive in the country this year, the head of its migration department says.
Presidential candidate Hillary Clinton has released an ad which questions Donald Trump's efforts to appeal to black voters.
The case for raising US interest rates is growing on the back of improvements in the labour market and expectations of economic growth.
New survey results are the latest sign that UK households are largely taking the decision to leave the European Union in their stride.
A fall in the price for almonds from record levels has dragged down Select Harvests' annual profit by 40 per cent.
Advertisement
Advertisement

Editor's Choice

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

While psychopathic individuals are more likely than other people to commit crimes, most of them manage to live successful lives, their psychopathic personality helping...
The Solomon Islands was the staging ground for one of the bloodiest battles in the Pacific during WWII, but the word is still yet to spread about the islands'...
The flattening of the Country Liberals in Saturday's Northern Territory election shows the power of the Indigenous vote.
A picture of crying elderly grandparents, separated into different care homes in Canada, is the saddest photo their granddaughter says she has ever taken.
Students at a Jewish school in Melbourne are on a mission to collect 1.5 million buttons to commemorate the children who perished during the Holocaust.
With less than 24 hours until polls open in the Northern Territory election, candidates make their last pitch to voters.
A 6.2-magnitude hit central Italy on Wednesday, leaving more than 150 dead and reducing towns across the region to rubble.