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The Australian share market has hit another fresh five year high as previously underperforming stocks pushed the market to its seventh consecutive week of gains. Telcos, utilities and health care c..
The bad news for borrowers is it looks like the Reserve Bank of Australia's interest rate reduction cycle is coming to an end, with economists divided on the chances of another cut. All 13 economis..
Billionaire miner Andrew Forrest has stepped down as chairman of Poseidon Nickel, one week before the company is due to repay him an $8 million loan. Mr Forrest has resigned from the board due to h..
Virgin Australia boss John Borghetti's take home pay fell by less than two per cent to $2.66 million last financial year, despite the airline falling to a $98 million loss. Mr Borghetti's remunerat..
Shares in Pumpkin Patch have been the best performer on New Zealand's benchmark index as the children's clothing retailer turned to a profit in 2013. Pumpkin Patch shares rose five per cent to $NZ1..
Toll road owner Transurban is considering bidding for Sydney's Cross City Tunnel, which has been placed in receivership for the second time. Transurban has indicated it is looking into the possibil..
Australia's largest automotive retailer says the outlook for car sales is encouraging, especially since proposed changes to the fringe benefits tax (FBT) were dumped. Automotive Holdings Group (AHG..
Harvey Norman chairman Gerry Harvey's annual pay remained steady at $1.03 million last financial year, as the company's profit dropped by 17.5 per cent. Mr Harvey's base salary of $723,000 in 2012/..
The Australian stock market is modestly higher, putting it on track for a seventh consecutive week of gains. It has followed the lead of US stocks, which made overnight gains despite political jock..
US stocks have risen for the first time in six days after some encouraging jobs and housing market data. The Dow Jones Industrial Average rose 55.04 points (0.36 per cent) to 15,328.30. The broa..
