Housing sizzles

5:57pm | The weekend's bumper auction result will set the tempo for the remainder of this year, amid concerns that Australia's housing market is at risk of overheating.

Big banks lift shares to five-year highs

4:46pm | The Australian sharemarket has closed at a five year high as the major banks lifted ahead of the release of NAB and ANZ results.

Bendigo slams Big Four

CLANCY YEATES 12:37pm | Bendigo and Adelaide Bank urges the government to put big banks' dominance under a microscope as part of upcoming inquiry.

Fugitive Peter Foster seeking asylum in Fiji

AMY REMEIKIS AND BEN BUTLER 3:23pm | Fugitive conman Peter Foster has provided a photograph he says proves he has fled Australian justice to Fiji.

Snowgum goes belly-up

BEN BUTLER AND ELI GREENBLAT 2:42pm | Adventurewear retailer lurches into voluntary administration following an dispute over rent with a landlord.

Local miner rallies on Greenland vote

2:15pm | Shares in Perth-based minerals explorer soar after Greenland's parliament voted to remove a 25-year-old ban on uranium mining.

Treasury Wine faces class action

ELI GREENBLAT 11:48am | Litigation funders prepare possible class action against Treasury Wine Estates, claiming "deceptive and misleading conduct" over disclosures.

Rio sells off $1b in Australian coal assets

8:24am | Rio Tinto has agreed to sell its majority stake in Australia's third-largest thermal coal mine to Glencore Xstrata and Japan's Sumitomo Corporation.