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The Australian share market posted its 13th day of losses in 17 trading sessions amid worries about global economic growth and the winding back of stimulus packages. The Australian market has given..
Rio Tinto, the Australian majority owner of the Tiwai Point aluminium smelter, has written down the value of the smelter to just $14.8 million from $606.9 million. The decision was made in February..
Don't be fooled by the fall in the unemployment rate in May - employment growth is still inadequate. The unemployment rate came in at 5.5 per cent, down from 5.6 per cent in April. It was a stra..
Everyone is expecting the unemployment rate to rise this year, but it looks like the increase might be fashionably late. The May jobless rate was 5.5 per cent, slightly better than the 5.6 per cent..
Suncorp has sold $1.6 billion in loans dating back to the global financial crisis, but investment bank Goldman Sachs will only pay it 60 cents in the dollar for them. The $960 million it will reali..
Rio Tinto has agreed to sell its Eagle project in the US to Lundin Mining Corporation for an estimated $US35 million ($A37.26 million) in cash. The transaction, which is subject to regulatory appro..
The unemployment rate is expected to have risen slightly in May as employment growth takes a backwards step. The Australian Bureau of Statistics (ABS) will release its labour force figures on Thurs..
US stocks have tumbled after an early rally faded amid market volatility over concerns about central banks' stimulus plans. At the closing bell on Wednesday, the Dow Jones Industrial Average was do..
