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Telstra may have sacked about 2000 local call centre workers but the telco says it's still committed to generating jobs in Australia. The telco told shareholders at its annual general meeting that ..
Cochlear faces the prospect of a boardroom spill in 2013 after shareholders voiced their disapproval of the bionic ear company's remuneration report. Details of proxy votes lodged with the Australi..
The Australian share market has closed slightly higher after easing back from an earlier peak, with investors encouraged by a positive lead from United States markets and prospects of another cut to i..
Cochlear faces the prospect of a boardroom spill in 2013 after shareholders railed against the bionic ear company's executive pay. About 30.85 per cent, or 10.8 million, of all votes cast by Cochle..
Construction on Gina Rinehart's $9.5 billion Roy Hill project is expected to be pushed back to mid 2013 following delays in securing finance for the giant iron ore mine. Roy Hill general manager of..
Lend Lease shares have hit a 14-month high after an investigation into errors in the accounts of its Abigroup construction business uncovered no widespread issues. Senior management at Lend Lease i..
Rio Tinto has posted record iron ore production for the quarter, but the sharp fall in iron ore prices continues to raise worries about its reliance on the commodity. The world's second largest iro..
The central bank is getting a bit more pessimistic about the mining boom and another rate cut is likely in the next couple of months. The Reserve Bank of Australia (RBA) lowered the cash rate by a ..
US stocks have scored solid gains as investors digest upbeat retail sales data and better-than-expected earnings from Citigroup that helped lift financial stocks. The Dow Jones Industrial Average c..
