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Aussie sharemarket finishes almost flat

The Australian share market surrendered most of its early gains to close almost flat as local investors waited to see if European Union leaders meeting in Brussels would act to contain the euro zone's..

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Metcash plans to move into car parts

Beleaguered grocery wholesaler Metcash is diversifying into the car spare parts business to help bolster its bottom line and will undertake a $375 million capital raising to help pay for the new busin..

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New home sales rise by 0.7% in May

The central bank's recent decisions to cut interest rates don't seem to have affected Australia's housing market, according to an industry study. The Housing Industry Association (HIA), which repre..

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Stocks to watch early on Thursday

Stocks to watch on the Australian stock exchange on Thursday, June 28 ALS - ALESCO CORPORATION LTD - down two cents at $1.94 DLX - DULUXGROUP LTD - up five cents at $2.97 Takeover target Ales..

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