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The Australian share market has closed higher, boosted by a better-than-expected unemployment rate and expectations that another cut to interest rates will be forthcoming despite the stronger jobs fig..
The labour market has defied expectations with unemployment falling to its lowest level in a year. The surprise drop prompted economists to suggest that the unemployment rate may have peaked for th..
Optus has managed to lift its annual net profit by 1.5 per cent to $787 million despite intense competition from its rivals and regulatory changes. The result for the year to March 31 was unveiled ..
Fuel supplier and distributor Caltex Australia says an ongoing review of the future of its loss-making refineries is focusing on the Kurnell refinery in Sydney. Caltex says its refineries are relat..
Mining giant Rio Tinto has flagged cutting some of its multi-billion dollar Australian expansion projects amid soaring costs. The company's chief executive Tom Albanese said at the company's annual..
A soft advertising market means things will remain tough for Rupert Murdoch's Australian and UK newspapers in the final three months of 2011/12. The media mogul's News Corporation on Thursday repor..
National Australia Bank's six month profit is up to a record $2.83 billion as it beats its rivals on customer growth thanks to a low interest rate strategy. But doubts remain on whether its guarant..
Optus says it will appeal a Federal Court ruling that effectively ended its TV Now service for its mobile phone customers. The telco on Thursday said it would appeal to the High Court to overturn t..
Stocks to watch on the Australian stock exchange on Thursday May 10 BSL - BLUESCOPE STEEL LTD - down 1.5 cent at 37 cents International steel manufacturer BlueScope Steel has completed a tender ..
