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Australian business confidence has lifted to its highest level in more than two and a half years. And, business conditions during the three months to December were at their strongest in more than 1..
The share market has bounced back after three straight days of losses, rising by more than one per cent as international investors were encouraged by a rising Australian dollar. The strong performa..
The Australian sharemarket has bounced back strongly after three days of solid losses, despite mostly negative leads out of the US overnight. US stocks ended lower on weaker-than-expected private s..
Virgin Australia has gone further into the red, making a $49 million loss for the first half of the financial year. The downbeat guidance comes months after the airline reported a $98 million loss ..
Australia's trade balance returned to surplus in the final two months of 2013, helped by a strong rise in mining and agriculture exports. Australia's trade surplus was $468 million in December, fol..
Australia has posted its eighth consecutive rise in retail spending, and economists expect the sector to keep strengthening to pre-global financial crisis levels. Retail trade rose 0.5 per cent in ..
The Australian sharemarket has staged a moderate recovery to buck a negative lead from the US overnight. After spending three consecutive days in the red, stocks were up two-thirds of a per cent so..
Woolworths achieved an additional $1.8 billion in sales during the final six months of 2013, as its supermarkets continued to attract more customers. The retail giant sold $31.8 billion worth of go..
Australia's Westpac bank has become only the third bank to be granted a licence to trade derivatives in China. Westpac Asia general manager Bala Swaminathan says the licence from the China Banking ..
US stocks have ended modestly lower following mixed jobs and services sector data and as investors looked ahead to Friday's US labour market report. The Dow Jones Industrial Average slipped 5.01 po..
