Stocks to watch on the Australian stock exchange at close on Wednesday:

AMC - AMCOR LTD - down 17 cents at $7.36

New Zealand's Commerce Commission says the High Court erred when it dismissed much of its case against Australia's Visy Board and a former executive last year for alleged cartel behaviour in the country's packaging market.

AUT - AURORA OIL & GAS - down six cents at $3.07

EKA - EUREKA ENERGY LTD - steady at 45 cents

Suitor Aurora Oil & Gas has appointed three representatives to takeover target Eureka Energy's board after increasing its stake to 68.4 per cent.

FXJ - FAIRFAX MEDIA LTD - down 0.5 cents at 59 cents

Australian Greens Leader Christine Milne has suggested the corporate regulator administer charters of editorial independence.

LYC - LYNAS CORPORATION LTD - steady at $1.015

A controversial new processing plant in Malaysia run by rare earths miner Lynas has received the support of a Malaysian parliamentary committee.

MTS - METCASH LTD - down 15 cents at $3.82

Grocery wholesaler Metcash plans to take its competitive push against the supermarket giants into the hardware sector by taking full control of the Mitre 10 brand.

NWS - NEWS CORPORATION - up 11 cents at $20.15

NSWLV - NEWS CORPORATION NON-VOTING - up 13 cents at $19.90

News Ltd will restructure its newsrooms and shed staff as part of a major restructure at Australia's biggest newspaper publisher.

NWS - NEWS CORPORATION - up 11 cents at $20.15

NSWLV - NEWS CORPORATION NON-VOTING - up 13 cents at $19.90


TLS - TELSTRA CORPORATION LTD - down five cents at $3.59

The consumer watchdog says it will review News Ltd's $1.97 billion bid to take full control of James Packer's Consolidated Media, which would allow its owner Rupert Murdoch to dominate Australia's pay TV industry.

RIO - RIO TINTO LTD - up 95 cents at $57.72

Rio Tinto has committed $US3.7 billion ($A3.64 billion) to expanding its massive iron ore operations in Western Australia's Pilbara region.