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New vehicle sales hit record high

Car yards sold more new vehicles in August than ever before. More than 93,000 new vehicles were sold in August, seasonally adjusted, a 3.6 per cent jump on the previous month, figures released by t..

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Macmahon expected to downgrade profits

Macmahon Holdings is poised to cut its earnings guidance, only a month after the mining services and construction group forecast 20 per cent profit growth for fiscal 2013. The group requested a tra..

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Stocks to watch early on Monday

Stocks to watch on the Australian stock exchange on Monday, September 17 ANZ - ANZ BANKING GROUP LTD - up nine cents at $24.23 ANZ Bank on Friday said its variable interest rates for Australian ..

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Fortescue Metals told to raise cash

Fortescue Metals is expected to cave to pressure from its bankers and announce a capital raising, as negotiations continue to restructure the troubled miner's heavy debt. The company placed its sha..

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