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The Australian sharemarket has closed lower due to weakness in resources stocks and negative overseas leads. Lower commodity prices and falls on overseas markets initially caused the share market t..
Lower commodity prices and falls on overseas markets are causing the share market to lose ground, as investors see little reason to invest.Slightly better than expected jobs data also had little impac..
Qantas has paid off $450 million in debt eight months early, leaving less debt to be repaid in the coming year.The airline used the proceeds of a recent seven year loan from investors, in the form of ..
Australia's jobless rate has remained steady, with the number of people dropping out of the labour market offsetting a fall in how many people are employed.Unemployment remained unchanged at 5.8 per c..
The share market has opened lower after Wall Street's recent rally came to an end.At 1015 AEST on Thursday, the benchmark S&P/ASX200 index was down 25.9 points, or 0.47 per cent, at 5,428.1, while the..
Leighton Holdings could offload some of its businesses or introduce partners as the construction, engineering and mining giant moves to simplify its structure and lift profits.Leighton, which employs..
The Australian share market is set to fall after heavy losses on Wall Street, partly caused by the World Bank's downgrading of its global growth forecast.At 0700 AEST on Thursday, the March share pric..
Australia's jobless rate is steady, but only because people are dropping out of the race for a job.Unemployment remained unchanged at 5.8 per cent in May, beating economists' expectations of a rise to..
