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The Australian share market closed higher as the resources sector staged a recovery due to a jump in commodity prices. CMC Markets chief market analyst Ric Spooner said Australian market turned its..
The Australian dollar is still higher after getting a boost from better US employment figures, increasing optimism about the America's economic recovery. At 1700 AEST on Monday, the local unit was ..
Shares in Slater & Gordon jumped 10 per cent shortly before trade was halted ahead of a capital raising by the law firm. The company requested its shares be placed in a trading halt until Wedne..
Construction and mining services giant Leighton has assured investors its finances are okay despite debt levels rising sharply in the March quarter.While the company posted a strong net profit of $123..
Iron ore miner Fortescue Metals Group hopes to sell part of its rail and port assets by mid-year, with the proceeds going towards paying down its massive debt.Chief executive Nev Power would not divul..
Troubled media group APN News and Media has appointed News Ltd's Michael Miller as its chief executive.Mr Miller's appointment is the latest move in a shake-up at the highest levels of APN, that has a..
Greater demand from miners and the New Zealand dairy industry has help explosives and chemicals supplier Orica increase its profits by six per cent.Orica's net profit of $267 million in the six months..
Australia's retail sector may be doing just well enough to stand in the way of a rate cut, even with a drop in sales in March.Retail sales fell 0.4 per cent in March, with household goods and clothes ..
There is no sign yet of improvement in the depressed Australian housing sector, and the industry could benefit from another interest rates cut, says building products supplier Boral.In a trading updat..
