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Australian stocks closed lower amid broad-based weakness, with mining-related sectors posting some of the steepest declines. At 1615 AEST on Thursday, the benchmark S&P/ASX200 index was down 21..
More job losses and coal mine closures are feared in Queensland, amid reports that BHP Billiton will cut sharply the price of its next coking coal contract in Japan. BHP, Queensland's largest coal ..
Governments must rethink the way that essential social services are funded because jacking up taxes on the mining sector to help pay for them is unsustainable, says health insurer Australian Unity. ..
Struggling department store chain Myer's efforts to improve customer service appear to be paying off. Chief executive Bernie Brooks says the retailer has enjoyed a slight uptick in sales in recent ..
Kerry Stokes will have to wait until October before the competition regulator hands down its decision on his Seven Group's potential acquisition of pay TV investor Consolidated Media. However, base..
Sigma Pharmaceuticals says it is well placed to pursue growth opportunities, and will buy back up to 10 per cent of its shares. The drugs wholesaler and pharmacy support services provider on Thursd..
Ardent Leisure says its Goodlife Health Clubs business is now the country's second largest club chain after the $61 million purchase of Fenix Fitness Clubs. Fenix has eight clubs in Melbourne, two ..
Stocks to watch on the Australian stock exchange on Thursday, Sept 13 CBA - COMMONWEALTH BANK OF AUSTRALIA - up 88 cents, or 1.62 per cent, at $55.06 The Commonwealth Bank of Australia (CBA) has..
US stocks have followed European markets higher after a German court gave its approval to the eurozone's permanent crisis fund, opening the door to more aid to embattled Spain. Facebook shares soar..
Eurozone stock markets and the euro have received a boost from German approval for a new firewall, clearing a key hurdle in solving the debt crisis. In a landmark ruling, Germany's Constitutional C..
