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The Australian market closed slightly lower, amid renewed scepticism about the Greek bailout deal and avoiding the US fiscal cliff. Investors turned their attention instead to defensive stocks afte..
Jetset Travelworld expects a flat first-half profit as Australia's leisure market struggles with soft retail prices. Chairman Tom Dery has told the company's annual general meeting the group's trav..
News Ltd chief executive Kim Williams has rejected dire predictions for the print media industry, saying it has plenty of life yet. The digital technology being blamed for the decline in newspapers..
Transport payments group Cabcharge has avoided a board spill after receiving a second strike against executive pay. The shareholder mutiny came as executive chairman Reg Kermode spoke out against t..
Quarterly construction numbers show mining industry activity marching along strongly. But the data released by the Australian Bureau of Statistics (ABS) on Wednesday also show public and private bu..
Poker machine maker Aristocrat Leisure expects the release of new products to fuel further growth after more than doubling its profit. Aristocrat made a net profit of $45.5 million in the nine mont..
Fashion retailer OrotonGroup's sales have improved so far this financial year and the company is cautiously optimistic about the upcoming Christmas period. Chief executive Sally Macdonald on Wednes..
The days of Australian banks posting returns on equity of 20 per cent or more are long gone, says Westpac chief executive Gail Kelly. While it is still desirable for banks to grow their profits, ai..
Stocks to watch on the Australian stock exchange on Wednesday, November 28 BKW - BRICKWORKS LTD - up eight cents at $11.29 Bricks and masonry maker Brickworks says its earnings have stabilised i..
US stocks have closed lower as fiscal cliff worries overshadow encouraging US economic data and investors shrug off Greece's revised bailout deal. The Dow Jones Industrial Average shed 89.24 points..
