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Whitehaven Coal says it is better placed now to develop the highly regarded Maules Creek coal project in NSW after it sold a stake in the development. The statement comes after Whitehaven sold a 10..
Australian stocks have closed higher for a second straight day despite giving up early gains after a closer inspection of the latest economic growth figures. At 1615 AEST on Wednesday, the benchmar..
The Australian dollar rose to its highest level against its American counterpart in more than two weeks following better than expected domestic growth data. At 1700 AEST on Wednesday, the Australia..
Some small banks have begun to pass on the central bank's June rate cut, but home owners are still waiting for the big four to make a move. Beirut Hellenic Bank became the first lender to cut its i..
A strong finish to the fiscal year has enabled takeover target Alesco Corporation to upgrade its expected annual underlying profit. However, the supplier of garage doors, construction products, cab..
AGL Energy has raised $356.1 million through the institutional stage of its $900 capital raising to help pay for the Loy Yang brown coal power station. The offer to retail shareholders is open unti..
Television broadcaster Ten Network has tapped the market to raise $200 million to strengthen its balance sheet and invest in programming but says there is little sign of improvement in the advertising..
It seems we have not, all of a sudden, become a nation of layabouts who've lost the will to do better. The latest national accounts brought more good news than just the out-of-the-blue jump in econ..
Stocks to watch on the Australian stock exchange on Wednesday, June 6 ANZ- ANZ BANKING GROUP LTD - up 45 cents at $21.32 CBA - COMMONWEALTH BANK OF AUSTRALIA - up 95 cents at $50.00 NAB - NAT..
US stocks managed to eke out moderate gains in choppy trade Tuesday as investors weighed an unexpected growth pickup in the services sector and Europe's long-running financial crisis. The Dow Jones..
