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The share market has edged higher despite the negative impact of speculation banks could be hit with a deposit levy. Reports the federal government wanted banks to pay a deposit insurance levy resu..
Andrew "Twiggy" Forrest has condemned the naysayers who have declared China's and Australia's economic boom is all but over. The mining billionaire said China was growing at a faster rate than it e..
The Australian share market has closed slightly higher despite talk of a new levy on deposits causing the big four banks to fall. At the close on Thursday, the benchmark S&P/ASX200 index was up..
The Australian stock market has taken a sharp drop as shares in the big four banks lose ground. The sudden fall in bank shares in late morning trade had come "out of the blue", and dragged the wide..
A subsidiary of construction giant Leighton has been awarded a lead role worth $650 million in the construction of a new rail line in Brisbane's north. Thiess will be part of the Trackstar team bui..
Another cut to interest rates may not help the economy, but it won't hurt it either, the boss of National Australia Bank says.The Reserve Bank of Australia is expected to cut the cash rate to a record..
A key measure of Chinese manufacturing activity sank to an 11-month low in July, British banking giant HSBC says, indicating further weakness in the world's second-largest economy. HSBC said on Thu..
Debt-laden Elders has sold its car interiors business Futuris Automotive to a US private equity firm for $69 million. Proceeds from the sale to Clearlake Capital Group will be used to reduce the co..
Toll road owner Transurban expects upgrade work on its Sydney motorways to lift traffic numbers in the year ahead.Transurban made a net profit of $174.5 million in the 2012/13 financial year, almost t..
