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The Australian dollar has surged ahead and broken through 109 US cents level, for the first time in three months. Just before 1300 AEST, the local unit climbed to 109.02 US cents, its highest level..
Whitehaven Coal has bounced back from extreme weather earlier this year, boosting coal production by 47% in the June quarter. The northern NSW-based miner produced 1.47 million tonnes of coal, comp..
Australian consumers have been saving and not spending in recent years, which is probably a good thing for the economy, the central bank governor says. The higher savings rate is the result of peop..
BHP Billiton has received approval from the US competition regulator for its $US15.1 billion ($A14 billion) takeover of shale gas company Petrohawk Energy. The approval came as the world's biggest ..
Australian stocks were higher at noon, despite the failure by the United States to resolve its debt-ceiling stalemate, which dragged Wall Street lower overnight. At 1200 AEST on Tuesday, the benchm..
Stocks to watch on the Australian stock exchange on Tuesday: AAC - AUSTRALIAN AGRICULTURAL COMPANY LTD - down two cents at $1.39 Beef producer Australian Agricultural Company does not expect the..
The Washington deadlock over raising the US debt ceiling sent stocks tumbling on Monday, as the August 2 date to avoid a government debt default grew closer with no deal in sight. The Dow Jones Ind..
Australian stocks closed firmer on Tuesday despite the debt impasse in the United States, and made up some of the lost ground from Monday's sell-off.At 1615 AEST on Tuesday, the benchmark S&P/ASX200 i..
Higher oil prices helped drive a surge in Oil Search's June quarter revenue, as its Exxon Mobil-led joint venture in Papua New Guinea progresses towards first production.Oil Search also on Tuesday sai..
