Lead and zinc miner Glencore has been contaminating the water near Borroloola, freedom of information documents show, and locals are unhappy.
Slater & Gordon has changed some of its accounting practices after discussions with ASIC, and achieved six per cent profit growth.
Harvey Norman says sales are up in the first few weeks of the new financial year.
Australian shares begin to recover as a global rally fortifies investor confidence and rising commodity prices help the materials sector.
Tokyo stocks have jumped 2.4 per cent at the open after strong US economic data.
Profits at Bega Cheese have fallen heavily due to plunging global dairy product prices, but demand for infant formula remains strong.
Australian stocks closed sharply higher on Thursday
The Nine Network has reported a fall in annual profit as ad markets shrink, and it expects little improvement in the year ahead.
Surfwear group Billabong has swung back to profit after four turbulent years in the wilderness that nearly sunk the company.
Stocks of interest on the Australian Securities Exchange on Thursday
MoreNEED TO KNOW TERMS
RESOURCES & OFFERS