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BHP Billiton is set to sell more mines and has all but ruled out an expansion of its struggling coal division.The global resources giant told analysts that its main priority was simplifying and cuttin..
Australian stocks finished flat despite the big miners came back into favour amid weakness in the Australian dollar.Options Xpress market analyst Ben Le Brun said the local market had not followed on ..
Tatts Group is the latest gambling firm to launch legal action against the Victorian government over a levy expected to cost the company more than $42 million.Tatts said it commenced proceedings on We..
Australia's rate of economic growth in the coming months is expected to stay above it's long term average, a private survey shows.A rally on the share market, modest improvement in productivity and a ..
ANZ bank is to spend $425 million buying back some of its shares.The bank said it was comfortable with its capital position and would therefore undertake a share buyback to offset the dilutive impact ..
Westfield Group chairman and Australia's second-richest person Frank Lowy has defended his right to receive directors' fees.Mr Lowy also hit back at criticism the shopping centre operator's top execut..
The construction sector took another hit in the first three months of 2013, even with interest rates close to record lows.The amount of construction work done fell two per cent in the March quarter, f..
Programmed Maintenance Services has reaped a $32.1 million profit as its competitors struggle.Mining services companies such as UGL, WorleyParsons and Transfield have all downgraded their earnings rec..
News Corp has unveiled a friendlier-looking logo for the publishing division as it prepares to split the struggling newspaper and book unit from its TV and movie business by the end of June.The unveil..
The Dow has closed at a new all-time high after strong gains in US home prices and consumer confidence boosted stocks.The Dow Jones Industrial Average was up 106.29 (0.69 per cent) at 15,409.39, a new..
