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Australia's love affair with overseas travel is harming big department stores. Myer chief executive Bernie Brookes fears the high Australian dollar is hitting his and other department stores as lar..
The Australian share market closed lower after weaker metals prices weighed on mining stocks along with concerns about China's demand for commodities. The benchmark S&P/ASX200 index was down 9...
Resources companies in Western Australia's north are bracing for Tropical Cyclone Lua, which is expected to intensify as it approaches the Pilbara coast. Forecasters believe Lua could cause floodin..
The heavy industry city of Wollongong in NSW continues to be hit with job losses as another steel plant is set to close. Loss-making steelmaker OneSteel, on Thursday announced its manufacturing pla..
Unitholders of an Australian office tower owner have approved a takeover by foreign interests. More than 96 per cent of votes cast at a meeting in Sydney on Thursday were in favour of a Singapore f..
The Australian dollar has lost 0.7 US cent, falling to a new seven-week low against a stronger US dollar. At 0700 AEDT on Thursday, the Australian dollar was trading at 104.51 US cents, down from 1..
Stocks to watch on the Australian stock exchange early on Thursday: AAX - AUSENCO LTD - up 14 cent at $4.55 BSE - BASE RESOURCES LTD - up two cents at 47.5 cents Engineering firm Ausenco has ..
Stocks have ended pretty much where they started on Wall Street, a day after the market had its biggest gain of the year. The Dow Jones industrial average on Wednesday eked out an increase of 16.42..
Property developer Stockland Group has expanded its on-market buyback of its securities to up to 10 per cent of issued capital. The previous target for the buyback, announced in August 2011, was fi..
