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The Australian share market closed lower on Friday as investors pondered possible weakening in the resources sector, a hold on interest rates this week, a soaring Aussie dollar and Greece's debt crisi..
Banks clawed back margins on home loans in late 2011 with average interest rates on new variable mortgages declining by less than the overnight cash rate, the Reserve Bank of Australia (RBA) says. ..
Borrowers are bracing for more interest rate hikes after ANZ Banking Group became the first to raise interest rates in defiance of the Reserve Bank of Australia (RBA). ANZ's move on Friday came thr..
James Hardie will receive more than $300 million after winning a legal dispute with the Australian Taxation Office (ATO). More than one third of the amount will be paid into a compensation fund for..
Newcrest Mining has forecast a continuing strength in the gold price after reporting a record high first half profit, driven by stronger gold, silver and copper sales. Shares in Newcrest, Australia..
Newcrest Mining expects gold to rise to as high as $US2,500 per ounce but the price will remain volatile, amid ongoing currency fluctuations and the uncertain global economic outlook. Gold rose to ..
The Reserve Bank of Australia has not given any new clues about the interest rate outlook in its quarterly monetary policy statement. The central message seems to be that rates are on hold for the ..
The stock market finally got a deal in Greece, but it didn't produce much of a rally. US stocks rose on Thursday morning after Greece announced an agreement to cut costs and keep from defaulting on..
Stocks to watch on the Australian stock exchange early on Friday: AAI - ALCOA INCORPORATED - steady at 10.50 Victorian Treasurer Kim Wells has pledged to support Alcoa to help keep the jobs of 6..
Copper rose on Thursday to hit a five-month high as the euro gained versus the dollar after Greece confirmed it had clinched a deal for emergency aid needed to ensure it avoids a disorderly default. ..
Rio Tinto is to continue to pour cash into its expansion and growth projects because of demand from emerging markets even though the mining giant is cautious about the near-term economic outlook. T..
