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Australian shares closed on a positive note as the four major banks lifted the market. CMC Markets chief strategist Ric Spooner said the Australian market closed higher as gains for the major finan..
Stocks to watch on the Australian stock exchange at close on Monday: AQA - AQUILA RESOURCES LTD - down 22.5 cents at $1.805 The share price of minerals explorer Aquila Resources took a hammering..
The Australian dollar has closed firmer, pushing above 103 US cents and moving in line with the rising price of gold. At 1700 AEST on Monday, the Australian dollar was trading at 103.24 US cents, u..
Former Qantas executive Rob Sharp has been named as the new boss of struggling budget carrier Tiger Airways Australia. Mr Sharp, who had 15 years at Qantas including roles in strategy and innovatio..
Oil and gas producer Santos has committed to a $100 million drilling and appraisal program over the next 12 months in the Northern Territory.The onshore Mereenie program will target oil while also eva..
Leading Australian economist Ross Garnaut has told a Senate committee that the mining tax is highly flawed and may never raise any revenue in its current form.A Senate committee is investigating the M..
The share price of minerals explorer Aquila Resources took a hammering after its Japanese joint venture partner pulled out of some of its Queensland coal exploration permits.News of the decision by Ja..
Vector has won regulatory clearance to acquire Contact Energy's gas metering business for $63 million, which will merge the two largest suppliers of metering services on the New Zealand North Island's..
BHP Billiton has sold a copper mine in the US for $US650 million ($A634.86 million) as the resources giant continues to off-load assets. It has sold its Pinto Valley mining project and the associat..
The Australian market has opened higher, led by gains for the four major banks. IG markets strategist Stan Shamu said the local market has been dragged higher by the major financial stocks, and the..
