Carrier's global result shines light on local operation.

Better-than-expected data on the US housing market helped firm optimism about the outlook for the American economy, and helped equities extend their rebound from recent losses.

The French hotel group has bought the Mirvac Group’s 43 hotels in Australia and New Zealand.

UPDATED with comments on FYX from Vocus CEO James Spenceley.

UPDATE: Farmers have to "get on with it" and hope things improve in the face of falling milk payouts, Fonterra shareholders' council chairman says.

Of 921 smokers asked, 46% support a ban on commercial tobacco products within 10 years - if a suitable substitute is offered. 

Be prepared for a cat among the pigeons on Thursday at 2pm with an announcement of the introduction of a Capital Gains Tax.

Pricing ranges from free (with ads) to $12.99 a month (with better audio quality and offline storage options).

Free smartphone and tablet app will come pre-loaded with Budget 2012 data.