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Australian shares have closed lower, dragged down by weakness in the mining and energy sectors. At 1615 AEDT on Monday, the benchmark S&P/ASX200 index was down 14.02 points, or 0.31 per cent, a..
Moves from some state governments to set lower electricity prices will backfire over the long run leaving households worse off, Origin Energy managing director chairman Grant King says. Mr King say..
Chemicals company Orica believes a new strategy of commercialising new products faster will lift profit despite a subdued outlook for the global mining industry. Investors punished the company's sh..
Australians are starting to take advantage of lower interest rates by getting back into the property market. But economists say signs of improvement in the housing sector could persuade the Reserve..
National Australia Bank chief executive Cameron Clyne stands to be awarded almost $4 million worth of bonuses. The bank's shareholders will vote on the grant of performance rights to Mr Clyne and t..
Shares in global insurer QBE have fallen sharply after the company downgraded its earnings expectations in the wake of superstorm Sandy in the United States. QBE said on Monday that its losses from..
BlueScope Steel has scrapped a previously announced offer of $US300 million ($A289.90 million) in notes to institutional investors. "The decision to not proceed was taken due to recent volatility i..
Stocks to watch on the Australian stock exchange on Monday November 12 LYC - LYNAS CORPORATION - in trading halt, last traded at 80.5 cents Analysts remain unimpressed by rare earths miner Lynas..
Oil Search insists it will meet its funding share of the massive Papua New Guinea liquefied natural gas (PNG LNG) after costs blew out by 21 per cent to $US19 billion ($A18.34 billion). Oil Search ..
