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Australian shares broke their two-day losing streak to end sharply higher after strong gains on offshore markets sparked hopes for a long-awaited Christmas rally. At the close on Wednesday, the ben..
The outlook for economic growth has fallen back below trend, although the pace of current activity is still strong, a survey shows. The Westpac/Melbourne Institute Leading Index, which indicates th..
Transurban has confirmed the NSW government will go ahead with a major upgrade of the M5 toll road in Sydney's south west. Transurban has a 50 per cent stake in Interlink Roads, which operates the ..
The communications watchdog has put Vodafone on notice over the telco's leaking of personal customer details earlier this year. The Australian Communications and Media Authority (ACMA) has ordered ..
St.George Bank has cut its fixed home loan interest rates again as variable rates become more attractive. St.George has cut its one, two and three year fixed rates on home loans by 15 basis points,..
Australia's housing shortfall is expected to blow out to more than 640,000 in 20 years, prompting industry calls for tax cuts and other measures to stop prices going through the roof. The gap betwe..
Former chief executive of market operator ASX Robert Elstone will join the board of Westpac Banking Corporation in the new year. Mr Elstone will join the Westpac board as an independent non-executi..
The EU announced on Tuesday a summit for January 30 as negotiations over a new "fiscal union" to combat the eurozone debt crisis opened with a key lawmaker warning the bloc is becoming a "monster."Eur..
Stocks to watch on the Australian stock exchange on Wednesday: BBG - BILLABONG INTERNATIONAL LTD - down 26 cents, or 12.8 per cent, at $1.77 Shares in Billabong slumped a further 18 per cent to ..
A roundup of trading on major world markets: NEW YORK - US stocks are surging following encouraging signs out of Europe and a jump in apartment building in the US The Dow Jones industrial average j..
