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The majority of troubled miner Kagara's 325 workers are likely to lose their jobs this week after it went into voluntary administration. Taylor Woodings administrators will try to keep the company ..
Spotless says the arduous process of dealing with a hostile takeover bid was a major factor behind the company accepting a $720 million offer from private equity firm Pacific Equity Partners (PEP). ..
The Australian share market closed stronger, driven by resource and banking stocks on the expectations of a cut in domestic interest rates and a soft economic landing in China. At 1615 AEST on Mond..
Credit provided to the private sector grew by 0.4 per cent in March, with a trend too slow to forestall an interest rate cut. It was the second consecutive 0.4 per cent rise in the indicator, which..
National Australia Bank will restructure its loss making business in the United Kingdom after it contributed to a 15.6 per cent fall in the group's first half profit. NAB's UK business posted a STG..
Origin Energy lifted production in the March quarter but the result has been marred by a cost blowout in its Bass Strait project. Origin said the improved production numbers were due to higher volu..
Australia's housing sector has called on the reserve bank to deliver a 50 basis point interest rate cut after a survey showed new home sales have fallen to their lowest level in more than a decade. ..
A roundup of trading on major world markets: NEW YORK - It took a while, but the Dow Jones industrial average finally regained all its losses for the month. On a day of conflicting signals, as i..
A hefty half a percentage point interest rate cut by the Reserve Bank of Australia (RBA) this week would give a much-needed boost to the nation's consumers, says Wesfarmers chief executive Richard Goy..
