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Australia is expected to overtake Qatar to become the world's largest LNG exporter by 2018, making gas the nation's second biggest export
Australian gold miners are bracing for more pain as the gold price fell below $US1,200 per ounce, putting pressure on miners such as Newcrest
Harvey Norman's sales have continued to rise in the first quarter of the financial year.
Gold miner Newcrest has taken a 'first strike' on its executive pay, with shareholders angry with bonuses and salaries during tough years for the company.
Electronic equipment supplier Hills Ltd says trading in the first four months of the financial year has been soft.
Any recommendation from the federal government's financial system inquiry that big banks hold more capital will hit all loan holders, ANZ warns.
Demand for fixed-income annuities and a weaker Australian dollar helped Macquarie Group post a 35 per cent profit rise, with its CEO upbeat.