THE Royal Newcastle Aero Club and its chief flying instructor, Phil Unicomb, will be presented with accolades in a special ceremony today after taking out two categories in the inaugural Wings Award for Australian general aviation.
Australian shares and the local currency remained under pressure on Tuesday despite the biggest rebound in the iron ore price for six months.
Arrium may have to ask shareholders for more cash and consider closing or halting some of its steel and mining operations despite launching a $756 million equity-raising, analysts say.
Lantern Hotel Group has paid $8.25 million for the Waterworks Hotel in Botany.
House prices in major cities were at risk of a damaging fall and required "close observation", according to the Reserve Bank minutes released on Tuesday.
About 100 apartments are expected to be built in two buildings next to Jewell Railway Station in Brunswick as part of a government push to rejuvenate infrastructure.
Non-mining business investment has been ''subdued'' but is looking up, Reserve Bank Assistant Governor Christopher Kent✓ told the Bloomberg Economic Summit in Sydney on Tuesday.
Former NAB employee Lukas Kamay and Australian Bureau of Statistics worker Christopher Hill have pleaded guilty to a $7 million insider trading scheme.