Australian Stocks Gain, Led by BHP, Newcrest, Qantas; Flight Centre Falls

(Bloomberg) -- Australian stocks rose, led by BHP
Billiton Ltd. and Newcrest Mining Ltd. after copper and gold
prices advanced.

Qantas Airways Ltd. gained after a newspaper report it will
be split into four separate businesses. Flight Centre Ltd. plunged
after it scrapped plans for a joint venture with a buyout firm.


Read more at Bloomberg Stocks News