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The Reserve Bank of Australia (RBA) is introducing industry-wide reporting standards for mortgage-backed securities to boost investor confidence in the market. The new standards, which for the firs..
Australian stocks posted their biggest one-day loss in almost eight weeks to close moderately weaker. The resources sector was the worst hit on a day of broad-based declines, as commodity prices fe..
The Australian dollar is a third of a US cent lower as rising expectations of an interest rate cut in November put pressure on the currency. At 1700 AEDT on Monday, the currency was trading at 103...
Australian superannuation funds have returned to their pre-global financial crisis (GFC) performance levels of 2007, a report says. A report by SuperRatings, a financial services research company, ..
Economists fear the Gillard government may struggle to achieve its latest budget surplus forecast but its efforts to find savings could help push interest rates lower. Treasurer Wayne Swan on Monda..
GrainCorp shares soared by more than 40 per cent after US-based food processing giant Archer Daniels Midland Company (ADM) proposed a $2.68 billion takeover of the Australian grains marketer. Grain..
Winemaker Treasury Wines Estates (TWE) says price increases, the release of more luxury wines and more promotional activities will help lift earnings in the second half of the financial year. TWE's..
Gloves and condom maker Ansell is confident of overcoming a sales slowdown and meeting its forecast for earnings growth this financial year. Chief executive Magnus Nicolin told shareholders at Anse..
ANZ remains in bottom place among the big four banks for customer satisfaction among business clients, 10 months after provoking outrage by shifting the timing of its monthly interest rate decision. ..
