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Investor nervousness has weighed on the local market as the deadline approaches to resolve the US political deadlock over the debt ceiling. US politicians have until Friday (Australian time) to rea..
BlueScope Steel will buy Arrium's OneSteel sheet and coil business for around $23 million. The steel manufacturer said the agreement included processing and distribution businesses in Sydney, Brisb..
An independent analysis has concluded that Bega Cheese's takeover bid for Warrnambool Cheese and Butter is not fair or reasonable, but also shows rival bidder Saputo's offer is at the bottom of the va..
Rio Tinto has sold a rare Argyle diamond for a record $2 million as overseas buyers snapped up dozens of precious stones in this year's Pink Diamonds Tender. The tender of 64 pink, red and blue dia..
The proportion of first home buyers taking out loans fell to a nine year low in August. First home buyers made up 13.7 per cent of all home loans approved in August, down from 14.7 in July, figures..
Commonwealth Property Office Fund (CPA) has turned down a $2.3 billion takeover offer from office and industrial properties group Dexus. Dexus and the Canada Pension Plan Investment Board last week..
Home loan approvals have fallen for the first time this year, but economists expect the housing sector to strengthen in the months to come.The number of home loans approved in August fell 3.9 per cent..
Historically high levels of investor activity are keeping first home buyers out of the housing market, resulting in a fall in home loan approvals.The number of home loans approved in August fell 3.9 p..
OZ Minerals shares slumped more than nine per cent after it cut its copper production targets due to a continued slowdown in operations. Copper production for 2013 is now expected to be around 70,0..
The Australian share market has opened lower, as the US political impasse over the debt ceiling goes down to the wire. US politicians have until Friday (Australian time) to reach a deal to prevent ..
The chief executive of iSelect has quit after disagreement with the board, less than four months after the company floated on the Australian share market.Matt McCann, who had served as chief executive..
