Woodside needs to raise its bid for Oil Search to have any chance of success, analysts at UBS have said.

When 19-year-old Sarah Munchenberg bought a well-established gourmet fruit business in South Australia's Riverland she immediately set to work to diversify its range to attract new customers. 

Documents show the Victorian government said changing suppliers would lead to cost blowouts and delays.

Housing affordability experts say "painful" reforms and long-term planning are needed to make home ownership more accessible. In the meantime, some young Australians are turning to unconventional options like tiny houses.

The collapse of one of the nation's oldest engineering companies, RCR Tomlinson, has destroyed Christmas for thousands of families, according to the union dealing with the fallout from the unexpected job losses.