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BHP Billiton has attacked the Queensland Government for a second consecutive day for hiking coal royalties, warning the state would leave itself with less revenue due to an investment exodus. The w..
The Australian share market has closed higher as investors gain enough confidence to pick up beaten down stocks, especially in the mining sector. At 1615 AEST on Wednesday, the benchmark S&P/AS..
The competition watchdog has indicated it may be unable to deal with claims of anti-competitive behaviour by the major supermarket chains. A recent report from independent supermarket group Master ..
Pie Face, the Sydney-based bakery chain, has signed a memorandum of understanding with South Island Subway owners Jared Palmer and Julian Field to roll out at least 62 stores in New Zealand over 10 ye..
House prices across capital cities rose in the three months to June, but it is still cheaper for most Australians to buy a home today than it was a year ago. A national survey of home prices, relea..
The Commonwealth Bank of Australia (CBA) has raised $1.5 billion from institutional investors in its latest hybrid offer. CBA says it has completed the institutional bookbuild for the tier 1 hybrid..
Haier has signalled the possible sale of Fisher & Paykel Appliances' finance unit if it succeeds in its bid for control of the Auckland-based company. Shares of FPA jumped about 13 per cent to ..
Bank-bashing may be Australia's national sport, but consumers rate them as the safest place to park their hard-earned cash. A new survey has found the number of consumers who believe bank deposit a..
The US government has raked in $US15.1 billion ($A14.67 billion) in profits on its massive rescue of insurer AIG, the Treasury says in a rebuff to critics of the 2008-2009 bailout of the finance indus..
US stocks have mostly risen, lifted by upbeat economic data and hopes that a Federal Reserve meeting will deliver economic stimulus and a key German court decision will ease eurozone turmoil. The D..
