Spending across the economy rose in December, with consumers and businesses starting to heal from the global geopolitical shocks of 2016, CBA says.
BHP Billiton has reached a preliminary agreement with Brazil's federal prosecutor to settle a $US47.5 billion claim over the Samarco mine disaster.
Moody's has raised he credit rating of iron ore exporter Fortescue Metals one notch to 'Ba1', its second upgrade since August.
Dairy processor Bega Cheese has brought Vegemite back into Australian hands.
Baby food maker Bellamy's Australia has urged shareholders to reject a move by its largest shareholder to shake up its board.
Economist says jobs growth last year was primarily for women and part-time positions, with most of the workforce wanting a full-time job or least more hours.
Dick Smith says he is delighted that Vegemite has returned to the Aussie hands of Bega Cheese and will consider selling his gluten free spread to the company.
South32 remains on track to hit full-year guidance despite a challenging quarter of lower production for several of its commodities.
Energy giant Woodside expects to produce between 84 to 90 Mboe this year, down from its full year production of 94.9 Mboe in 2016.

CSL shares jump on profit upgrade

Investors have snapped up CSL shares after the blood products heavyweight upgraded its annual profit guidance, forecasting growth of between 18 and 20 per cent.
Yowie says planned and unplanned production downtime and low inventory level have caused it to miss its expected sales target in the December quarter.
Co-founder and chief executive of carsales.com Greg Roebuck will step down in March after 20 years with the company.
Bega says it will acquire Vegemite, ZoOSh mayonnaise, Bonox and other products in a deal worth $460 million.
Medicinal cannabis company Creso Pharma, which aims to launch two medicinal cannabis pet products by April, has been registered by the EU health authority.
Economists expect the number of Australians with a job rose again in December, but the jobless rate is tipped to have remained steady.

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