Top business news

Greek economy contracts 0.9% in 3Q
Greece has revised downwards its economy's third-quarter contraction to 0.9 per cent, from 0.5 per cent.
UK economy slows in third quarter
Britain's gross domestic product expanded by 0.5 per cent between July and September, the Office for National Statistics says.
Old Beechworth Gaol sold for a steal
The Old Beechworth Gaol has gone under the hammer and been sold for an undisclosed figure after being passed in at $1.75 million.
Diploma wins $52m building contract
Diploma Group has won a design and construct contract for an 18 storey mixed used residential and commercial building worth $52 million.
China Waste sets details of JV
China Waste Corporation has formalised its joint venture with the Institute of Urban Environment, Chinese Academy of Sciences (CAS), funding 95% of the JV.
Rio green lights Amrun bauxite project
Rio Tinto has approved the US$1.9 billion Amrun bauxite project, aiming to produce from the massive bauxite deposits in Queensland by the first half of 2019.
Mitula posts solid results
The Mitula Group reports a statutory net profit before tax of $2.6 million for the 9 months, down 33.3% due to $3.7 million in one off costs from the IPO.
SA govt signs off on Nystar finance
The South Australian government has signed off on the financial support arrangement for the Port Pirie smelter transformation.
Aust bonds rally ends
Australian bond futures prices are lower, after enjoying several days of gains because of
Scentre sells 3 NZ shopping centres
Scentre Group has sold three shopping centres in New Zealand with combined gross proceeds of NZ$549 million.