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Australian shares have posted their largest one-day loss in two months as nervous investors looked to steep falls on Asian markets due to fears of a credit crunch in China. Chinese shares slumped m..
Shares in health insurance comparer iSelect have sunk by more than 15 per cent in their first day on the share market. The 13-year-old company's share price opened at $1.76 when it began trading on..
American food giant Archer Daniels Midland (ADM) is a step closer to taking over Australia's largest grains handler after GrainCorp directors urged shareholders accept a $3 billion offer. Sharehold..
Victoria's two big gaming companies have won court action against the state government over levies of more than $42 million imposed on them.The Victorian Supreme Court on Monday ruled in favour of Tat..
Incoming Metcash chief executive Ian Morrice has lashed out at his rivals Coles and Woolworths, saying Australia's supermarket business is not a level playing field.Mr Morrice made the statement as Me..
The slowing of the mining boom and public sector cuts will lead to a dramatic drop in the number of new homes being built in parts of Australia, according to a new report.However, localised population..
Leighton has won an extension to its work at Fortescue Metals' Solomon Hub iron ore project in the Pilbara, taking the total value of the work to a record $2.8 billion.Leighton Contractors, a subsidia..
Mining giant Rio Tinto has taken its diamonds business off the market. Despite a global push to offload underperforming assets, Rio announced on Monday that it will retain its diamonds businesses f..
Nearly $1.9 billion has been wiped off the market value of wealth manager AMP after it warned of a fall in its first half profit.Higher than expected income protection claims are a key reason for an e..
