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The Australian share market closed more than half a per cent lower after the Reserve Bank of Australia cut the cash rate to three per cent amid a weak global growth outlook. At the close on Tuesday..
Major banks are under pressure to deliver some Christmas cheer in the form of cheaper mortgages after the Reserve Bank returned its cash rate to record low levels. The Reserve Bank of Australia (RB..
Australia's unemployment rate is expected to continue to grind higher, possibly peaking at around six per cent in 2013. AAP's survey of 14 economists on Tuesday revealed a median forecast for the u..
The Reserve Bank of Australia's latest interest rate cut will provide a boost for housing construction - but it may not be enough to lift the struggling sector to where it needs to be. Westpac seni..
The central bank has given Australians an early Christmas present, but there are no signs there will be more interest rate cuts in early 2013. The Reserve Bank of Australia (RBA) on Tuesday cut the..
Stockland has lowered its profit guidance but says it's banking on a recovery in the property market to boost earnings. However, it can't say when there will be a turnaround in the property market...
Graincorp is likely to reject US food processing giant Archer Daniels Midland Company's (ADM) second takeover bid, a market analyst says. The new offer of $2.78 billion is marginally higher than th..
Statement by Glenn Stevens, RBA governor: Monetary Policy Decision At its meeting today, the Board decided to reduce the cash rate by 25 basis points to 3.0 per cent, effective 5 December 2012. ..
Stocks to watch on the Australian stock exchange today December 4 CWN - CROWN LTD - up six cents at $10.31 Crown has received government permission for an additional 500 gaming machines its new ..
US stock markets started December in the red on Monday after poor data on the manufacturing sector added to worries about the year-end onslaught of federal tax increases and spending cuts. The Dow ..
