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Toyota Australia has bounced back from a challenging 12 months to post a $182.3 million profit for the year to the end of March.
Car maker Holden says business is picking up and its Adelaide vehicle operations will crank up again with the return of a second shift from November.
The number of Australia millionaires has risen 34 per cent as the world's wealthy recover most of their losses from the global financial crisis, a study shows.
Retail trade and residential building approvals undershoot expectations in February but an interest rate rise next week is still seen as likely.
Reserve Bank of Australia (RBA) governor Glenn Stevens has again warned borrowers that the central bank is aiming to get interest rates back to a more "normal" level, a message it has banged on about for several months.
In its first statement since revealing its debt problems last Wednesday, Dubai's ruler said the city-state had started negotiations with creditors on restructuring some of its debt.
Stocks dumped as nervous investors weigh up what Dubai's request to delay debt repayment means for markets
Fund manager Fat Prophets Australia Fund warns there is an air of false euphoria about the recent share market recovery, given there are still large debts which aren't matched by the underlying asset values.
Australia's banking system has proved more resilient than its overseas counterparts during the global financial crisis but there is a risk that business loans will deteriorate further in the future, a central bank official says.
The Obama administration plans to order companies that received huge US government bailouts last year to sharply cut the compensation of their highest paid executives
Over a thousand banks still tipped to fail
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