European stocks have dropped at the open, with Total shares sliding two per cent on the news of the death of the company's chief executive.
Wealthy Australians are world leaders when it comes to property investment, but record low interest rates may be stirring worries of a bubble.
The Australian dollar rallied after the release of better than expected Chinese economic growth figures.
Despite a slump during Tuesday's trading session, the Australian share market has closed higher for a sixth consecutive day.
Southern Cross Austereo chairman Max Moore-Wilton has called on the Abbott government to reform media ownership laws.
The Foreign Investment Review Board has approved the $1.4 billion takeover of Goodman Fielder, but the deal still needs approval from Chinese authorities.
Cabcharge has rebuffed an approach by US fleet car giant Fleetcor about buying its taxi payments business.
Stocks of interest on the Australian Securities Exchange at close on Tuesday
Newcrest Mining's gold production fell 12 per cent in the September quarter but that was offset by strong gains in cost cutting.
China?s economic growth decelerated to its lowest level in five years last quarter
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