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The Australian share market has closed flat despite a sell-off triggered by disappointing trade balance numbers. The benchmark S&P/ASX200 index was down 3.1 points, or 0.07 per cent, at 4,333.9..
Australia needs visionary leaders to champion investment in urgently need major rail and road projects, says the head of one of the nation's key business groups. Business Council of Australia presi..
A senior ANZ executive says he is mystified that people love hearing about the millions athletes and movie stars earn but slam the pay of bank executives. Phil Chronican, who pocketed $2.2 million ..
Shares in construction and maintenance firm Transfield Services plunged almost 12 per cent as analysts anticipate a writedown on its newly acquired Easternwell business. The company's shares lost 2..
QBE's insurance premiums will increase by seven per cent in 2012 and continue to climb into 2013 as the insurance giant tries to recoup the cost of disasters in Australia and overseas. And people l..
Seven West Media, the owner of the Seven Network and West Australian Newspapers, has withdrawn from the Australian Press Council. The council is the principal body that responds to complaints about..
News of the second consecutive monthly trade deficit does not augur well for economic growth in early 2012. The trade deficit came in at $480 million in February, according to seasonally adjusted d..
Oil prices are falling after a two-day rise as traders eye mixed signs about the strength of the global economy. Benchmark oil for May delivery gave up 80 cents to $US104.43 ($A100.66) a barrel in ..
Spain says its national debt will spiral sharply higher this year as data showed unemployment hit a record high in March, complicating efforts to stabilise the country's strained finances. Budget M..
Signs that the Federal Reserve may be reticent to launch a fresh round of stimulus sent Wall Street lower Tuesday. Amid amped-up market expectations, the Fed published its minutes for its March 13 ..
