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Aussie shares close higher

The share market has held on to its early gains to close three-quarters of a per cent higher. It opened stronger and stayed there on the back of better-than-expected local employment figures and an..

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Stocks to watch at close on Thursday

Stocks to watch on the Australian stock exchange at noon on Friday:APN - APN NEWS & MEDIA - down five cents, or 7.4 per cent, at 63 centsThe weak advertising market is dragging APN's underlying earnin..

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$A strong on jobs and China trade data

The Australian dollar has rallied above 93.50 US cents following strong local jobs numbers and positive trade figures out of China.At 1220 AEST on Thursday, the local currency was trading at 93.60 US ..

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Stocks to watch at noon on Thursday

Stocks to watch on the Australian stock exchange at noon on Thursday: ARI - ARRIUM - up 2.00 cents, or 1.78 per cent, at $1.145 Steel and mining group Arrium is to cut 120 jobs as part of a rest..

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Aurizon cuts up to 480 jobs in Qld

Queensland's premier has conceded job losses are a danger with asset sales as a privatised freight rail firm flags retrenching up to 480 workers.Aurizon has announced the downsizing of heavy maintenan..

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NAB waiting for business credit growth

Almost six years after the global financial crisis, National Australia Bank is still waiting for businesses to start spending and borrowing money again. NAB unveiled a record $3.15 billion cash pro..

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RBA to remain on hold after jobs data

The central bank is likely to leave interest rates on hold after the release of better-than-expected jobs figures, economists say. The unemployment rate was steady at 5.8 per cent in April, with th..

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