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The Australian share market has closed almost one per cent higher, with the banks leading the way. At the close on Monday, the benchmark S&P/ASX200 index was up 35.9 points, or 0.85 per cent, a..
Telstra shares hit $4 for the first time in four years as the telco starts to benefit from its recent involvement with the national broadband network (NBN) and growth in its mobile and broadband busin..
Miner Ivanhoe Australia's tumultuous year continued as it announced plans to slash exploration spending by half. The Rio Tinto-controlled company will reduce exploration expenditure to about $15 mi..
Engineering firm Transfield Services has won $100 million in new work with resources companies in Western Australia's Pilbara region. Transfield said on Monday it had signed a one-year contract wor..
APN News and Media has named a new chairman and had a lucrative advertising contract with the NSW State Transit Authority bus fleet extended. APN on Monday said announced Peter Hunt, the founder of..
The number of new home sales rose for the third consecutive month, thanks to a surge in multi-unit dwelling sales. The Housing Industry Association (HIA) on Monday said new home sales rose 2.8 per ..
German Chancellor Angela Merkel and Italian Prime Minister Mario Monti have pledged to do everything necessary to shield the debt-wracked eurozone from the crisis. In a telephone talk on Saturday, ..
The White House is forecasting a budget deficit of $US1.21 trillion ($A1.17 trillion) in 2012, $US116 billion less than it projected in February, according to a report released Friday afternoon. Th..
