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The share market has closed flat, with gains by two of the big four banks offsetting falls by their two rivals caused by the payment of dividends. Commonwealth Bank shares hit a record high after p..
The future of BHP Billiton's involvement in nickel mining is unclear after it said it was in talks to sell the business. Only hours after chief executive Andrew Mackenzie told a US mining conferenc..
The Australian government has sold $700 million of April 21, 2024, Treasury bonds. The Australian Office of Financial Management (AOFM), which conducts bond auctions on behalf of the government, sa..
The Australian share market has opened lower as two major banks trade ex-dividend. The federal budget, unveiled on Tuesday night, was fairly positive for businesses and had little consequence for t..
A rise in house and apartment construction has helped CSR return to profit, and it expects demand for its building products to continue to grow. CSR makes 70 per cent of its revenue from residentia..
Commonwealth Bank is on track to make a record $8.7 billion annual profit, sending its shares to their highest level ever. Australia's largest home lender's cash profit grew by 16 per cent to $2.2 ..
The Australian dollar is higher, having shrugged off the tough federal budget and weaker economic data. At 0700 AEST on Wednesday, the local currency was trading at 93.59 US cents, up from 93.35 ce..
