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Woolies looking at global expansion

Australian grocery giant Woolworths is considering setting up shop overseas, but won't say where it's looking. Chief executive Grant O'Brien made the comments as the retailer posted a 2.5 per cent ..

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Stocks to watch at close on Thursday

Stocks to watch on the Australian stock exchange at close on Thursday: WOW - WOOLWORTHS - up 48 cents, or 1.42 per cent, at $34.37 WES - WESFARMERS - up 42 cents, or 1.05 per cent, at $40.54 ..

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Australian share market closes higher

The Australian share market has bounced back to close above the key 5,000 point mark for the first time in a month amid hopes that local interest rates will fall. Official figures showing the unemp..

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BHP chair calls for economic summit

BHP Billiton's chairman is calling for a summit to head off a fall in Australia's international competitiveness and bring about the biggest economic reforms since the 1980s.Jac Nasser made the call du..

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Renters face prospect of paying more

Renters in Sydney, Perth and Darwin are set to pay more because those cities still lack sufficient housing, a study shows. However rental growth in Adelaide, Hobart and Canberra is expected to rema..

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Woolworths Q3 sales up 2.5%

Woolworths has lifted its quarterly sales by 2.5 per cent to $14.4 billion despite challenging retail conditions.Its core Australian food and liquor operations, which includes the Woolworths supermark..

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