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Aussie shares firm despite US gridlock

Australian shares rose as investors expect the partial US government shutdown to be resolved soon. With the shutdown of non-essential American public services continuing for a second day, investors..

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Trade balance narrows in August

Australia's recent trade deficits have been pushed further into the red by the new inclusion of small purchases by consumers of goods made overseas. The total value of imports below $1,000 ordered ..

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Clean Seas to raise more capital

Fish farmer Clean Seas Tuna is planning to raise capital to fund increased production of kingfish. Clean Seas told shareholders at its annual general meeting in Adelaide that details of the capital..

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UGL extends CEO’s contract

UGL has extended the contract of its chief executive for another 13 months as it moves to split its engineering and property businesses. Richard Leupen, who had been due to step down in March 2014,..

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Wages growth tipped to fall behind

Wages in Australia will fall relative to emerging Asian and developed European economies in the next 20 years unless productivity is boosted, accounting giant PricewaterhouseCoopers says. Of 21 eco..

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Australian shares open higher

The Australian market has opened higher after gains on international markets as investors shrugged off worries about the partial US government shutdown. Market analysts believe investors had expect..

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