The ACCC said Mengniu's proposal to acquire Lion's raw milk processing facilities would not substantially lessen competition in the Gippsland region.
Australia's share market has hit a record high after a rebound on global market while the Australian dollar hit a nearly 11-year low.
Medibank's net health insurance claims have risen by $158.7 million to $2.8 billion for the first half, a 5.9 per cent increase from a year ago.
Origin Energy's first-half profit is down 25 per cent to $197 million but the company has hailed a strong performance from its Australia Pacific LNG division.
Sydney Airport has posted a 42 per cent drop in after-tax profit, saying 2019 delivered some of the toughest trading conditions since the financial crisis.
Lendlease shares have hit a two-month high after the multinational property developer said it made a $308 million profit in the six months to December 31.
Qantas has posted an interim profit slide and says it will reduce capacity to Asia and in the domestic market to weather the coronavirus outbreak.
Winning VIPs have caused a 48 per cent drop to Star Entertainment's first-half profit and it has warned the coronavirus has had an impact of visitor numbers.
Whitehave Coal shares have slumped after it posted a 91 per cent drop in first-half profit due to lower thermal coal prices and curbs at its Maules Creek mine.
Southern Cross Media's revenue has fallen due to a weak ad market but the company has gone from a $119.3 million net loss last year to a $20.4 million profit.
Super Retail, which has brands including Supercheap Auto and BCF, has posted a 20 per cent drop in first-half profit and has to pay back more wages to staff.