More stimulus in China and signs the RBA is feeling more comfortable with where inflation is headed helped contain the damage to the Australian sharemarket.

Auric Mining has planned a starter pit at its Munda gold project near WA’s Widgiemooltha, aiming to extract 6100 ounces of gold and generate $5.3m in free cash.

A hefty $500 million tax bill has threatened to scupper a multibillion-dollar deal between 138-year-old Perpetual and a private equity firm.

Receivers KPMG says all of the embattled fashion retailer’s Katies stores will shut, while dozens of stores across its Millers, Rivers and Noni B brands will also close by mid-January.

Suvo Strategic Minerals has entered a JV with an Indonesian management company to turn its nickel slag stockpile into low-carbon cement and concrete products.