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Australian shares have closed lower after the release of higher than expected inflation figures. Consumer price index (CPI) growth of 0.8 per cent for the December quarter was above the 0.5 per cen..
Shares in Aurora Oil and Gas have fallen despite the company boosting its quarterly production and revenue. The shale oil and gas developer produced 2.27 million barrels of oil or equivalent (mmboe..
The Australian dollar rose almost two thirds of a US cent following stronger than expected inflation figures. At 1130 AEDT, the Australian Bureau of Statistics announced that Australia's headline c..
Surprisingly high inflation means another cash rate cut is highly unlikely. The consumer price index rose 0.8 per cent in the December quarter, for an annual rate of 2.7 per cent. Economists had..
Australian shares are weaker as lower-than-expected production volumes from global mining giant BHP Billiton weigh down the overall market. BHP, the second largest company on the Australian share m..
Australia's rising jobless rate is chipping away at consumer confidence. Confidence fell by 1.7 per cent from 105.0 points in December to 103.3 in January, according to the Westpac Melbourne Instit..
Canadian dairy giant Saputo has won control of takeover target Warrnambool Cheese and Butter Factory (WCB), leaving rival suitor Murray Goulburn to consider its options. Saputo on Wednesday said it n..
BHP Billiton head Andrew Mackenzie has flagged higher dividends and a sharp boost to production despite falls in the company's key iron ore and petroleum divisions in the last quarter. Shares in th..
The Australian market looks set to open flat following a mixed lead from Wall Street. At 0645 AEDT on Wednesday, the March share price index futures contract was down five points at 5,283. The D..
US stocks ended Tuesday in mixed fashion after a stream of generally lacklustre earnings reports and a modest upgrade to the International Monetary Fund's economic forecast. The Dow Jones Industria..
