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Australian stocks have rebounded to post modest gains led by the big miners.Bargain-hunters targeted resources companies that had been heavily sold lately, but other sectors including the banks also p..
Australia's balance sheet has received a boost from a solid rise in exports during the first three months of 2013. Figures released by the Australian Bureau of Statistics show the current account d..
The Australian economy benefited from a larger-than-expected rise in exports during the first three months of 2013. The current account deficit narrowed to $8.051 billion in the March quarter, acco..
Public sector spending dropped steeply in the March quarter, Australian Bureau of Statistics (ABS) figures show. The fall came after a sharp rise in the December quarter thanks to the transfer of p..
The central bank has kept the cash rate at the record low of 2.75 per cent at its June board meeting, saying that recent rate cuts are helping the economy.The Reserve Bank of Australia's decision was ..
Network Ten says it plans to make the domestic Big Bash cricket league a major free-to-air TV event. Ten on Tuesday confirmed it had won the right to broadcast the domestic Twenty20 competition for..
Embattled coal entrepreneur Nathan Tinkler has signed an agreement to clear his debt to junior miner Blackwood Corporation but investors seem to have taken a wait-and-see approach on the deal.Blackwoo..
Billabong will look to offload assets and cut costs to deal with debt after yet another takeover bid for the troubled retailer collapsed.Confirmation two private equity groups had walked away from tak..
US stocks are up in opening trade, rebounding from steep losses on Friday as markets awaited key PMI manufacturing data for May. Five minutes into trade on Monday, the Dow Jones Industrial Average ..
