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Mining billionaire Gina Rinehart has struck a blow against the Fairfax Media board, voting against the company's executive pay report after a torrid annual general meeting (AGM). And in an extraord..
Australian stocks managed to avoid some of the heavy falls experienced on Wall Street, but the local sharemarket still finished 0.8 per cent lower. At the close of trade on Wednesday, the benchmark..
The packaging of securities on financial markets had a key part to play in the way the global financial crisis spread from the US housing market, the Reserve Bank of Australia (RBA) says. Speaking ..
Southern Cross Media Group says it hopes the worst of the industry wide advertising slump is behind it but is expecting a flat profit result for 2012/13. Shareholders, irate at the radio and televi..
The outgoing chairman of embattled surfwear brand Billabong says the company remains open to takeover offers as it fights to revive its fortunes. Addressing Billabong's annual general meeting for t..
Inflation came in well above expectations in the September quarter, but the case for an interest rate cut next month remains solid. The consumer price index (CPI) rose by 1.4 per cent between the J..
Shares in Fairfax Media have gained as much as nine per cent after its executives reassured shareholders a strategic review would help the troubled media company ride out tough trading conditions. ..
AGL Energy says it has cut marketing and ended some customer discounts in response to the "ill-considered" decisions of state governments to regulate power prices. AGL chief executive Michael Frase..
Ten Network Holdings has received a reduced offer for its outdoor advertising business Eye Corp from its private equity suitor. Ten on Tuesday said Outdoor Media Operations (OMO), which is controll..
Inflation in September quarter is expected to be below the central bank's two to three per cent target band and could prompt a Melbourne Cup day interest rate cut. The Australian Bureau of Statisti..
Stocks to watch on the Australian stock exchange on Wednesday October 24 AGK - AGL ENERGY LTD - down 26 cents at $14.70 AGL Energy says it has cut marketing and ended some customer discounts in ..
Poor earnings and forecasts from major US industrial firms have added to a global markets downturn to send US stocks plummeting, with DuPont losing 9.1 per cent on its earnings plunge. Weak reports..
