PRE-MARKET AUSTRALIAN STOCKS NEWS: Santos (STO AT) and Beach Energy (BPT AT) will proceed with the MCO project in South Australia

Commonwealth Bank (CBA AT) - Co. referred two mortgage brokers and a string of accountants to police as it works to unravel a loan fraud using fake documents and international funds that could extend to AUD 1bln. (AFR)

Digico Infrastructure REIT (DGT AT) - Co. CEO Michael Juniper will take extended personal leave, with Chris Maher appointed as interim chief executive. (Dow Jones Newsplus)

Dyno Nobel (DNL AT) - Co. agreed to sell the Phosphate Hill fertiliser business to Mayfair Australia Corp for a nominal AUD 1 upfront payment and up to AUD 100mln in deferred consideration, securing employment for 540 staff and contractors and concluding the separation of its fertilisers business. (Dow Jones Newsplus)

Fonterra (FCG AT) - Co. said the sale of its consumer business to Lactalis is now unconditional, with all divestment conditions satisfied and completion of the NZD 4.22bln transaction targeted. (Dow Jones Newplus)

Northern Star Resources (NST AT) - Co. is to join S&P/ASX 20 on March 23rd. (Motley Fool)

Rio Tinto (RIO AT) - Co. is said to have paused the sale of its titanium assets citing the current situation in the Middle East. (Newswires)

Santos (STO AT) - Co. and Beach Energy (BPT AT) will proceed with the MCO project in South Australia, with the Co. investing AUD 357mln and expecting delivery over three years. (Dow Jones Newsplus)

Woodside Energy (WDS AT) - BHP’s Australia head Slattery is among the candidates for the Co.’s CEO position. (Newswires)