The value of housing construction hit an all-time high of $15.5 million in the September quarter, official figures show.
Aristocrat Leisure is on the hunt for more acquisitions after swinging back into the black with a $186m full-year profit.
Global water board distributor Surf Hardware International has been snapped up by Surfstitch in a $23.7 million deal.
Australian Agricultural Company has made a first half profit for the first time since 2007 after its shift away from live exports towards packaged meat.
The Australian share market at the close on Wednesday
An Australia-led consortium of investment funds from Canada and the Middle East won the bid for electricity transmission network TransGrid Wednesday, beating a Chinese challenger in a deal worth Aus$10 billion (US$7.3 billion).
Asian markets followed Europe?s lead downwards as concerns over Turkey?s downing of a Russian jet seemed to add to ongoing market concerns.
Shoppers are expected to spend $35 billion in the run up to Christmas on the back on stronger consumer confidence and low interest rates.
Australian shares are adding to Tuesday?s losses, with the ASX 200 index down 0.4 per cent at lunch. Geopolitical concerns kept European markets under pressure.
Ainsworth Game Technology's top strategist and developer Scott Clarebrough is leaving the company, with the news pushing the shares down nine per cent.
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