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The Australian share market has broken a six day losing streak as bargain hunters picked up the banking and mining stocks that had fallen in value the past week. But shares still posted their fourt..
Wesfarmers will sell its remaining 40 per cent stake in industrial gas producer ALWA to Air Liquide Australia, reaping a $95 million profit. The chemicals, energy and fertilisers division of Wesfar..
The Australian dollar is at a three-and-a-half month low after comments from the Reserve Bank of Australia governor and strong US economic data. At 1200 AEDT on Friday, the local unit was trading a..
Shares are flat as the falling Australian dollar turns off overseas investors. Two of the big banks, the mining giants and Telstra were weaker, offsetting gains in the energy and insurance sectors...
Canadian diary giant Saputo has extended its takeover offer for Warrnambool Cheese and Butter by a week. Saputo's offer will now remain open until December 20, instead of Friday. Rival bidder Be..
Personal finance loans were up 1.7 per cent in October. The Australian Bureau of Statistics (ABS) on Friday said personal finance commitments, seasonally-adjusted, rose to $7.839 billion in October..
Reserve Bank of Australia governor Glenn Stevens says he'd prefer a fall in the value of the Australian dollar over lower interest rates as a means to lift the local economy. Stevens told The Austr..
Australians are expected to spend more than $18 billion this Christmas, with the next few days expected to be the busiest time for retailers. According to research from the Commonwealth Bank, consu..
