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The Australian share market closed flat ahead of Tuesday's federal budget and after the local currency dropped below parity with the US dollar. CMC Markets chief market analyst Ric Spooner resource..
The biggest jump in home loan approvals in four years has all but confirmed the housing sector is recovering after a difficult couple of years. The number of home loans taken out in March jumped by..
Property developer Stockland says its earnings will drop because of the costs associated with changes to improve its long-term performance. Chief executive Mark Steinert said on Monday that he had ..
Defence, security and aerospace company BAE Systems will slash 100 positions by year's end, primarily in South Australia. Chief executive David Allott says the job cuts are due to reduced governmen..
Business confidence has slipped in the month before the federal budget. National Australia Bank's April survey shows employers are particularly worried about weaker than forecast growth in the US, ..
Aurizon's move to sell a stake in its formerly state-owned rail track infrastructure group is expected to attract strong interest and free up billions of dollars.Australia's largest rail freight compa..
Shopping centre owner Westfield Retail Trust (WRT) says consumer confidence is improving, but shoppers are still cautious and sales growth is still low. The company announced that rents for special..
Explosives and fertiliser maker Incitec Pivot has urged Australian governments to deal with soaring local gas prices as it posted a fall in first half profit.As a heavy natural gas user, the global co..
Paint maker DuluxGroup hopes the new homes market will pick up later in the year, but further interest rate cuts could be needed to stimulate the sector.The group expects its core Australian markets t..
