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The Australian sharemarket has closed higher for the third straight day, driven by gains among the big banks. CommSec market analyst Steve Daghlian said the local market was buoyed by positive news..
Mining-rich Western Australia has the nation's strongest home building activity while Tasmania is languishing in last place. Western Australia scored 85 out of 100 in the Housing Industry Associati..
Retailer Harvey Norman says a rise in consumer confidence since the federal election has not provided a boost in its sales."We were expecting after the election that there might be some huge jump but ..
Gaming machine maker Aristocrat Leisure expects to launch a product for smartphones and tablets within the next 12 months. Chief executive Jamie Odell says Aristocrat's strategy of expanding its ac..
The Australian dollar is higher after the Reserve Bank of Australia deputy governor shied away from talking the currency down. At 1200 AEDT on Tuesday, the local unit was trading at 91.91 US cents,..
Gloves, condoms and protective clothing supplier Ansell has boosted its position in the North American market, paying $US615 million ($A672.24 million) for protective gloves and boots business Barrier..
Australian shares are flat as a deal between Iran and key western powers to halt its nuclear program hit the big miners. Iran and six world powers say they have reached an interim agreement that wo..
Building products maker Brickworks expects a better 2014 as housing construction recovers, boosting orders for materials.Managing director Lindsay Partridge said profitability improved in the three mo..
Woolworths chairman Ralph Waters says he is frustrated by impatient investors complaining about startup losses on the retailer's Masters home improvement business.Mr Waters has also mounted a spirited..
US stocks have closed little changed as investors weigh a weak US housing market report and a breakthrough deal between Iran and major powers over its controversial nuclear program.The Dow Jones Indus..
