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Australian stocks climbed higher on Friday, driven higher by the major miners on the back of strong commodities prices. At the close on Friday, the benchmark S&P/ASX200 index was 28.3 points, o..
Grocery wholesaler Metcash has downgraded earnings guidance as the ongoing supermarket food war forced down prices, resulting in a weaker first half profit. Net profit for the six months to October..
Air fares continue to be under pressure in Australia as Qantas fights for a bigger share of the domestic passenger market. Qantas' domestic operations, including its regional arm QantasLink, carrie..
Hanlong Mining's proposed takeover of Sundance Resources could be completed by Christmas after turmoil on financial markets forced the Sundance board to curb its price and timetable for the transactio..
Australian households could get an early Christmas present in the form of a rate cut by the Reserve Bank of Australia (RBA) - but it will be a close call. An AAP survey of 15 economists shows most ..
Economists say weaker exports andggovernment spending cuts have been slowing economic growth. AAP's survey of 13 economists on Friday revealed a median forecast for the Australian economy to have g..
Australian rare earths miner Lynas Corporation has finally begun production at its Malaysian processing plant following a recent court victory. The company said in a statement that the first feed o..
Medical centre operator Primary Health Care remains on track to lift earnings by up to 25 per cent in the 2012/13 financial year. Managing director Dr Edmund Bateman told shareholders at the compan..
The Australian share market has opened higher. At 1015 AEDT on Friday, the benchmark S&P/ASX200 index was 22.4 points, or 0.5 per cent, stronger at 4,500.1, while the broader All Ordinaries ind..
BHP Billiton chairman Jac Nasser has not guaranteed chief executive Marius Kloppers' job for any length of time as speculation continues about a succession plan. Mr Nasser said on Thursday, while s..
US stocks have closed higher, helped by an expected strong upward revision in the US economic growth estimate for the third quarter. The Dow Jones Industrial Average finished up 38.71 points (0.28 ..
