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Australian shares close lower

Australian stocks closed lower on Monday, adding to a string of losses notched up last week. Sentiment remains weak in relation to concerns about Chinese economic growth and quantitative easing in ..

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ALS reports net profit lift

Analytical testing services group ALS has lifted full year net profit as the company's entry into new markets helped offset some weakness in the mining sector. ALS, known as Campbell Brothers until..

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Oil and gas says it will pay $13bn

Australia's oil and gas industry has defended its contribution to the economy, saying it will deliver $13 billion a year in taxes by the end of the decade. A day after the nation's peak manufacturi..

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Negativity still pushing AUD lower

The Australian dollar is trading near one-year lows as pessimistic traders stay out of high-risk, high-yield assets. At 1200 AEST on Monday, the local unit was trading at 96.29 US cents, down from ..

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Warmer weather drives DJs sales down

It seems David Jones' customers are just not that interested in buying winter coats and jumpers while the weather is warm enough to still go swimming. Retailers have a long history of bringing out ..

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Aussie costs a big challenge: Shell

The head of global energy giant Shell says rising costs are a challenge for doing business in Australia.Royal Dutch Shell wants to develop a floating liquefied natural gas (LNG) project in Western Aus..

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