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Australian stocks closed firmer amid optimism about the US tackling its deficit problems but underperformed offshore leads out of America and Europe. At the close on Tuesday, the benchmark S&P/..
Westpac chairman Lindsay Maxsted says 2012 stands as the year in which Australia woke up to the fact that it was rapidly losing its cost competitiveness - and the mining industry is partly to blame. ..
Engineering firm Monadelphous expects its first half sales revenue to grow by 40 per cent due to record levels of new construction work. The company provides construction, maintenance and industria..
Ruralco Holdings says it does not yet know whether it will bid for Elders' rural services business. Ruralco chairman Richard England on Tuesday said Ruralco was monitoring the situation but had not..
Gold miner Newcrest says a new legal claim against licences granted to it by former NSW Labor powerbroker Eddie Obeid is without merit. Exploration company Gold and Copper Resources (GCR) has filed..
Despite three interest rate cuts since May, consumers aren't spending any more than they were five months ago. The Commonwealth Bank's (CBA) Business Sales Indicator (BSI), released on Tuesday, sho..
Shares in Radio Rentals owner Thorn Group have slumped after it said expansion plans and challenging market conditions are likely to cause a drop in full year profit. Thorn Group on Tuesday posted ..
Aussie households could be in for some early Christmas cheer, with the Reserve Bank of Australia (RBA) hinting at a possible rate cut for December. However, a decision to cut the cash rate from 3.2..
Rare earths miner Lynas expects its controversial plant in Malaysia to finally begin production in December after long delays caused by environmental and political concerns. The company has also st..
US stocks have surged on upbeat housing data and hopes that politicians will find a way to avoid the so-called "fiscal cliff" of automatic tax hikes and spending cuts in January. The jump was under..
