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The share market drifted lower as a record annual profit from Westpac and strong retail sales figures failed to provide impetus. "No one's really looking to buy today. There's a huge amount of even..
Armour Energy has become the first Australian company to flow gas from shale using the fracking technique that has revolutionised US energy markets. Armour announced it had successfully received co..
Forge Group halted trading in its shares on Monday over possible losses on two power station contracts. Forge said it was concerned about the possible poor performances of the Diamantina power stat..
Westpac will increase its focus on growth in 2014 as the bank looks to build on another record profit. Westpac made a cash profit of $7.1 billion for the 12 months to September 30, an increase of e..
Inflation is expected to remain benign to the end of the year, despite the falling Australian dollar, leaving the door open for a further rate cut. The TD Securities/Melbourne Institute Monthly Inf..
A modest improvement in hiring intentions has seen job ad numbers stabilise after falling for the past three years.Job ads fell 0.1 per cent in October, following a 0.2 per cent rise in September, and..
House prices are continuing to surge, especially in Sydney, as buyers take advantage of record low interest rates.In the year to September, the house price index rose 7.6 per cent, the Australian Bure..
Retail spending rose for the fifth month in a row in September, driven by strong department store sales and a bounce in consumer confidence.The better than expected spending figures have the industry ..
The company that owns the Nine Network will make a $2 billion debut on the local share market in December - less than a year after it almost went into receivership.Shares in Nine Entertainment Co, whi..
