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The Australian dollar is more than one US cent lower after the central bank surprised markets with a 50 basis point interest rate cut. At 1700 AEST on Tuesday, the currency was trading at 103.24 US..
The Australian share market lifted to a nine-month high after the central bank surprised investors with a bigger than expected interest rate. The cut took the cash rate to its lowest level since de..
Woodside Petroleum has struck a $US2 billion ($A1.92 billion) deal to sell part of its stake in the Browse gas project to Japan's Mitsubishi Corporation and Mitsui & Co. The Japanese companies ..
The Reserve Bank of Australia has paved the way for interest rate relief for home owners by slashing the cash rate to its lowest level in two years. The central bank cut the cash rate by 50 basis p..
Stockland Group says the value of some of its residential developments and UK assets has fallen, but it is on track to achieve its recent earnings guidance for 2012. The property developer said on ..
Australia's big four banks are unlikely to pass the full 0.5 per cent cut in official interest rates through to mortgage holders, analysts say. Westpac, ANZ, National Australia Bank (NAB) and the C..
DuluxGroup says a move to enlarge its market footprint makes sense as it launches a $188.4 million takeover proposal for garage door, construction products and cabinet and window products supplier, Al..
House prices are falling across Australia, and lower interest rates may not be enough to reverse the trend, economists say. Capital city house prices fell 1.1 per cent in the three months to March ..
Stocks to watch on the Australian stock exchange on Tuesday, May 1 AXE - ARCHER EXPLORATION LTD - up five cents at 40 cents BHP - BHP BILLITON LTD - up 66 cents at $35.55 The world's biggest ..
US stocks closed out April Monday with all three indices slipping lower, helped by weak US consumer spending data and ongoing worries about Spain and the eurozone. The Dow Jones Industrial Average ..
Mortgage holders can expect the Reserve Bank of Australia (RBA) to cut interest rates on Tuesday, it's simply a matter of by how much. Bank of America Merrill Lynch Australia chief economist Saul E..
