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The Australian market closed slightly higher as gains from mining giant BHP Billiton's strong profit results were dragged down by more disappointing results from other companies. CMC Markets chief ..
Shares in engineering group Monadelphous climbed more than nine per cent after the company posted a strong rise in its first half profit. Monadelphous defied the weakness in the mining services sec..
The federal government has approved Sydney Airport's 20-year masterplan which is designed to meet forecast demand of 74 million passengers by 2033. The plan includes shared domestic and internation..
The sharemarket has lost its early gains as investors digest a wealth corporate earnings reports. Stocks were buoyed in early trade after BHP Billiton reported an 83 per cent rise in half year prof..
Steel and mining group Arrium expects iron ore prices to remain at solid levels this year as it returned to profit thanks to record mining earnings. Statutory net profit for the first half to Decem..
The economy is showing signs of getting stronger and that means more interest rate cuts from the central bank are unlikely. The minutes of the Reserve Bank of Australia's February board meeting sho..
Global packaging giant Amcor says solid growth in emerging markets such as China has contributed to a 21 per cent rise in profit from the group's continuing operations. Amcor on Tuesday reported a ..
Departing Coca Cola-Amatil boss Terry Davis hopes consumers and retailers have realised that if they don't buy Australian produce, there won't be any Australian farmers. Mr Davis announced a $404 m..
BHP Billiton has predicted a strong year ahead for both the global economy and itself after it announced a surprisingly strong half year profit based on cost slashing. The price environment for iro..
Port and rail operator Asciano will cut dozens of jobs after upgrading profit targets due to growth in its Pacific National Coal division. Asciano plans to cut up to 100 jobs following a decision t..
